The decision making between leasing and loan. Impact of taxation on deciding - income tax and value added tax. General characteristic of the leasing and the loan. The legislative and tax definition of leasing and bank loan. Main advantages and disadvantages of financing through leasing or loan. Discounted costs, net leasing advantage. A practical example of a decision on the financing of passenger car and machinery.

This thesis deals with the reliability and maintenance of structures that are damaged by shocks arriving randomly in time. The degradation is modeled as a cumulative stochastic point process. Previous studies mostly adopted expected cost rate criterion for optimizing the maintenance policies, which ignores practical implications of discounting of maintenance cost over the life cycle of the system.Therefore, detailed analysis of expected discounted cost criterion has been done, which provides a more realistic basis for optimizing the maintenance. Examples of maintenance policies combining preventive maintenance with age- based replacement are analyzed. Derivation for general cases involving preventive maintenance damage level have been discussed. Special cases are also considered.

This thesis deals with the reliability and maintenance of structures that are damaged by shocks arriving randomly in time. The degradation is modeled as a cumulative stochastic point process. Previous studies mostly adopted expected cost rate criterion for optimizing the maintenance policies, which ignores practical implications of discounting of maintenance cost over the life cycle of the system.Therefore, detailed analysis of expected discounted cost criterion has been done, which provides a more realistic basis for optimizing the maintenance. Examples of maintenance policies combining preventive maintenance with age- based replacement are analyzed. Derivation for general cases involving preventive maintenance damage level have been discussed. Special cases are also considered.

The main goal of this study is to show a preparation of an investment project aimed on heating in a concrete company and to evaluate an economic effectiveness of the individual possible variants of the project. The project is unique due to particular financing from European union's grants and due to a goal of the company to meet new emission norm. The study is divided to three parts. In the first part, a theoretical one, is described a preparation of the project and an administration process of providing the grand from European Union funds. The second chapter deals with identification of the concrete investment project and the conditions of its evaluation. Moreover, important information about investor and circumstances of the investment project realization are discussed in this chapter. Finally, the process of the concrete grant approval is analyzed. The third part evaluates economic effectiveness according to cost measures and to net present value of the individual project variants. Because of a different lifespan of project variants the cost annual equivalent and the annuity equivalent has to be used. The results of cost measures and net present value are different. This pointes to the difference between cost only view and complex cash flow view. The final overall evaluation takes into consideration the ecologic part of the project. The final resolution has to make a compromise between various measurements. The study evaluates a real project. Therefore, the data are also based on reality.

Master’s thesis deals with problems of external financing of a washing tubs WIP for company Renova Malec – Kadlec s.r.o., concretely the selection of fading between the financial leasing and Bank loan. The work focuses on comparing specific on comparing and bank. The goal of the thesis is to select the most appropriate funding method.

The thesis contains 3 repairable systems and 2 replacement systems: First a repairable system is considered with Markovian deterioration and imperfect repair, carried out at fixed times. We look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Conditions are found under which the optimal policy is a control-limit policy as used by Derman or Ross. We explicitly explain how to derive this optimal policy; numerical examples are given, too. The special case of unbounded cost is also studied. With the first model the state space is numerable but with the second it is not. With the fourth model the system occurs a shock process and is only inspected after such a shock. Models 3 and 5 are replacement systems with Morkovian deterioration and finite state space {0,...,N}. A system in state N is considered to be in a very serious situation. Hence there is the condition, e.g. stipulated by law, that the percentage of all replaced machines in state N in the group of all replaced machines may not be larger than 100 epsilon for a fixed epsilon in [0,1]. We prove that a generalized control limit policy maximizes the expected running time of a machine and we explain explicitly how to derive this optimal policy. Illustrated numerical examples are given.