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E\SDVV 3)+) R 9 P E JT F B E C M B % ) ) )LJ &ROOHJDPHQWR DO VLVWHPD 9 B S } B P S I D K P E P D q %9 /LJD R DR VLVWHPD 9 B S } B P S H K P E P T ( %9 $GDSWDFLÊQ DO VLVWHPD )ODLU GHODLU =: (QWUDGD GH DLUH KÔPHGR 6DOLGD GH DLUH VHFR 9 OYXOD GH HQWUDGD 9 OYXOD GH VDOLGD 9 OYXOD GH GHULYDFLÊQ DQWHV GHO ILOWUR 9 OYXOD GH GHULYDFLÊQ GHV SX V GHO ILOWUR 3UHILOWUR R )LOWUR DX[LOLDU )LOWUR 3)+) R GHULYD FLÊQ 9 )ODLU GHODLU =: $ % %9 %9 ) %9 % $ %9 ) %9 ) %9 'LVSRVLFLÊQ GHO VLVWHPD GH DLUH FRPSULPL GR P U T K J} N P I M Z I J M B M U | O U B P X M K B X O P F S I Q T O B I U N T | B U O B F X U H T F I J P B S U U F M JU G B P Q S $Q ~ P S F O JB E O P H B U T O X U Q B B T } N JX U I G P S S P Q B I JT U S G S F Q I Q P X T | I J B U F H F G P Q B J T U ( JP E B M K ~ W Z JB F X S J| E I J B U F O | D B J B X =: B S ~ U O B S I D P U I T ~ S X I J B U | U JT O 5 P T } N P JX U O B S I D P U K I JT H H | S U T P Q B B E C M B C I U B N U B F N O W S U M G P S Q P JX M F U P M I M M | U B X I T I U } R P Q P U I J B U | U JT O 5 O I U JB H =: B S ~ U O B S I D O P U | U F N P S U M G J B U F O S F R F M F Q B P Q K I O X T O X U I T O S X | N P Q B P T } N JX U O B S I D P U Q B B U | U JT O LUT )OD I K } H P N S B G F W O | Q B S B Q JK U JB * B S U M G B R P M X B ' 5 , | JS F 5 P S U M G JX M F 6 þ PXLWR LPSRUWDQWH LQVWDODU SU ILOWURV DGH TXDGRV SDUD HOLPLQDU JRWõFXODV GH JXD H ÊOHR SDUD LPSHGLU TXH R GHVVHFDQWH VH GDQL ILTXH RX VH FRQWDPLQH SDUD SUHYHQLU FRQWUD D VREUHFDUJD GHVQHFHVV ULD GR =: H SDUD SURORQJDU D YLGD GR GHVVHFDQWH 5HFRPHQ GDVH D XWLOL]D R GH SU ILOWURV FRP XPD SXUJD DXWRP WLFD 5HFRPHQGDVH D LQVWDOD R GH XP SÊVILO WUR D MXVDQWH GR =: SDUD HOLPLQDU HYHQWXDLV SRHLUDV GH GHVVHFDQWH VDõGD GR VHFDGRU ( LPSRUWDQWH FKH YHQJDQR PRQWDWL GHL SUH ILOWUL LGRQHL SHU HOLPLQDUH VJRFFLRODPHQWL GL DFTXD R ROLR FKH SRWUHEEHUR GDQQHJJLDUH R FRQWDPLQDUH O HVVLFFDQWH ,Q TXHVWR PRGR VL HYLWD LO VRYUDFFDULFR GHO =: H VL SUROXQJD OD GXUDWD GHOO HVVLFFDQWH 6L UDFFRPDQGD O XVR GL 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HJ MP P P N S JT M XU Q MF P + FD )LJ (VTXHPD HO FWULFR RSFLRQHV SXQWR GH URFõR ( \ ( 'LDJUDPD HO FWULFR r SRQWR GH FRQGHQ VD R r RSÒHV ( H ( 6FKHPD HOHWWULFR RS]LRQL ( H ( SRQWR GL UXJLDGD =: =: )LJ (VTXHPD HO FWULFR RSFLRQHV SXQWR GH URFõR ( 'LDJUDPD HO FWULFR r SRQWR GH FRQGHQ VD R r RSÒHV ( 6FKHPD HOHWWULFR RS]LRQL ( SRQWR GL UXJLD GD =: =: a 0 a1 B O X V . ~ U T J O P S X V P S G P S U O F L L F K B S ~ U I O J ) ) 2 1 2 K I U Q X B J ' ~ U T J O P S X V P S G P S U O F X X F K I U Q X B J ' ~ U T J O P S X V P S G P S U O F X X F K I U Q X B J ' 6 ~ G B S H J S F 2 1U + 0 6 6 | J D F E | S F U T J S B ~ U T J O P S X V P S G P S U O F X X F K I U Q X B J ' 6 8 : = 7HPSRUL]DGRU GH FDPH HVTXHUGRGLUHLWR 7HPSRUL]]DWRUH D FDPPH LQWHUUXWWRUH V[GV 7HPSRUL]DGRU GH FDPH &RQYHUWLGRU &&&$ &RQYHUVRU FFFD 7HPSRUL]]DWRUH D FDPPH LQWHUUXWWRUH &RQYHUWLWRUH FFFD 9 OYXOD GH VROHQRLGH GH SXUJD 9 OYXOD GH VROHQRLGH GH HQWUDGD 3XUJD GD Y OYXOD GH VROHQÊLGH (QWUDGD GD Y OYXOD GH VROHQÊLGH /DWR VSXUJR HOHWWURYDOYROD /DWR HQWUDWD HOHWWURYDOYROD : = 2S]LRQL 7UDVIRUPDWRUH : = K ~ U T J U B N I X T B U F 9 9 9 9 9 9 9 9 / 2SÒHV 7UDQVIRUPDGRU : = K N T J M Q P D F K X J U F S J B P S 2 2SFLRQHV 7UDQVIRUPDGRU V P E T J F 'HVFUL]LRQH ILJ ILJ 6SLD l21l 0RWRULQR WHPSRUL]]DWRUH D FDPPH ,QWHUUXWWRUH 212)) 7HPSRUL]]DWRUH D FDPPH LQWHUUXWWRUH : = B E C M B C P S U X F M 'HVFUL R ILJ ILJ /X] $FHVD k21l 0RWRU GR WHPSRUL]DGRU GH FDPH ,QWHUUXSWRU GH /LJDU'HVOLJDU k212))l 7HPSRUL]DGRU GH FDPH : = K I T I O O } H B O B + 7 'HVFULSFLÊQ ILJ ILJ 7HVWLJR GH HQFHQGLGR l21l 0RWRU GHO WHPSRUL]DGRU GH OHYD ,QWHUUXSWRU FRQH[LÊQGHVFRQH[LÊQ &RQPXWDGRU WHPSRUL]DGRU GH OHYD &RQPXWDGRU WHPSRUL]DGRU GH OHYD L]TXLHU GDGHUHFKD &RQPXWDGRU WHPSRUL]DGRU GH OHYD : = B E C M B C P S U X F M 9 9 : = + 9 9 =: =: P N T OJ P XS B N N B HS J| ' )LJ (VTXHPD GH WLHPSRV V P X H } M F K N T J M Q P D F K X J U B N V F O 2 V P X H } M F K N T J M Q P D F K X J S U X F M + 0DQGR QHXP WLFR 0DQGR HO FWULFR 'LDJUDPD GH WHPSRUL]D R &RQWUROR SQHXP WLFR &RQWUROR HO FWULFR 6FKHPD WHPSL &RPDQGR SQHXPDWLFR &RPDQGR HOHWWULFR =: =: &URTXLV DFRWDGRV : = : = O W TF | TU B EJ P EJ X} 5 )LJ &URTXLV DFRWDGR =: =: 3ODQWDV GH GLPHQVÒHV 3ODQWD GH GLPHQVÒHV =: =: 6FKHPD G LQJRPEUR 6FKHPD G LQJRPEUR =: =: =: =: 0RGHOR =: k%63 3HVR 3HVR 3HVR $ % & ' ( ) * + , . / &RQH[LÊQ GH WDSÊQ GH OOHQDGR 0RGHOOR =: &RQQHVVLRQL GL HQWUDWD H GL XV /LJD R GH HQWUDGD H VDõGD FLWD /LJD R GR VLOHQFLDGRU &RQQHVVLRQL VLOHQ]LDWRUH /LJD R GR EXM R GH HQFKLPHQ &RQQHVVLRQL WDSSR GL ULHPSL WR PHQWR 0RGHOR =: &RQH[LÊQ GH HQWUDGD \ GH VDOL GD &RQH[LÊQ GH VLOHQFLDGRU k%63 k%63 PP PP PP PP PP PP PP PP PP PP PP PP NJ 5HVROX R GH SUREOH 5LFHUFD JXDVWL PDV (Q FDVR GH SUREOHPDV 7URXEOH VKRRWLQJ OLVW =: =: $HHMJX| V P Q U P U I M M X P U V B P U T J B U O P G | S H B O B V P Q B F JX P U T B U F N O P O W G N V T K B H S V P JU F M K F X ~ O V T K } JX U B N H B S Q J P J U F U F JW B C F C O C B M C N JT Q P U O F O P U F U F T ~ JO X F D B O JO S 2 O W S ~ U O B S I D O W U B H S V P JU F M I U | U B X K F M B N W O B O V P X S | Q V O | F F U D H } M ( K P U B N F S P JX S U X F M I ~ X P S B Q O I U F U D H } M ( P U JT H } N P U JT X | M F K B H S V P JU F M I T F Q O I U F U D H } M ( B S } B V P O } N T JF Q F Q V P U V P E JT F B T B S X P N S F I U F U D H } M ( ~ U T JF Q N V T V P U ~ X P S B Q I U JT H } N I U F U D H } M ( K } U JX P O B J B O F B S ~ U O B S I D V P U B N T P U T K F E C M B C J P J U J B X ~ U JT F M X J B O F K I Y N B X | S B Q B E C M B C I J U F U F JW B C F % JB S | U X F E P Q B B U T B T } N J B O F K I T F Q K I U I T U Q I J U J B X | U T W T O P H S V P JU F M O W S U M G O W U O W U | N W O X V Q N V T K } U JT S W X JB E J P J U F U F JW B C F % J J J J J J K F M B N W O B J B X K F S P G P S I M Q JK U K F M JB H JK F T J F N I T F U T ~ U B S ~ X P T P S 2 B O K B S ~ U O B S I D P F U T B S U } N B M I M M | U B X F U F C | M J B X B E M F T F Q } M C K P S E O M X K P U T I T F Q O I U F U T O P U X F J B X K P U B N F S ~ X P S B Q O I U F U T F M X B S ~ U O B S I D O P U T K ~ F X JT Q F J B X K I T I S ~ U O T K F T B H S F F U F T ~ JO X F D B O JO S 2 B H S P JU F M F T F R F U B O K P R | M | U B X F S P Q N O I N J B O F JB E M B X B U J U J B X JB E M B X B U T I T B S R ~ J| N I Z | S P R G J F X S | Q O F E J U F R JW B C F C B O J F Q } S Q K P P Q P P I U O X F U P S U X F M I Q B J F O H B O J F Q } S Q K I U ~ T B U T | U B X P Q B I B N I U T T JX S U X F M I P U T J B U F X T S C I C | M C I O | ( K F U X } E P S X B K P U T B O } N W F S F U T | M B X B JU $ JB F H S } O ( I V T P W T O ~ S M E W V T P I B F U S N T ~ I I U T T O B | S P G I M ~ D I S V Y H P V V U I F I JD T U F O E S | U O F B q0 X B S ~ U O B S I D K P F H } N P O } N M B G T ( P N T JB E F X T K F X ~ O V T JK U F U D H } M ( P N T JB E F X T K F X ~ O V T JK U F N B O W G N V T J F X S | Q V B O F U T F U T N V 4 K B H S V P JU F M I T F Q ~ M I N B X M P 2 V P X H } M F P JX M F U JX U JI P Q P U JT Q P U T B O } N P E F E B U I T | C F N F U D H } M ( B N W U Q N 5 V P T S E P F N I T M I Y V M P 2 B S } B V P O } N T JF Q F Q B U I U T P Q I M | H F N M P 2 B N I M C S 2 K P U O P M M | JC S F Q B T B S X P N S F ~ M I Y V M P 2 ~ O W S U M G O W U B F JX P U T B U F U T ~ U T B U B JX U O B ~ F U T S B B - JK F T ~ JU B Q B JK U T J B U O P O S X P Q B U O B B O V P Q B S U M G F U T ~ U T B U B X H F B S U M G P S Q B U T P S F O K N JT S W X JB E K ~ X S B Q F O $ P U B S } B V P O } N T JF Q F Q V P U V P E JT F B T B S X P N S F I U F U D H } M ( P S F O K } U JT S W X JB E K V P U J B X O W S U M G O W U B N I U T T B U B N O X V Q N V T O P U JT U B N I X T B O O P S P Q N O F E J U F U F JW B C F % B S ~ U O B S I D O P U T B T } N I T | G ~ S H V F T P S F O K P E P T ( B S ~ U O B S I D V P U P E P T F O I U J B X B S U M G B U T B T F N | O B F U T ~ U T B U B JX U O B ~ F U T S B B X F U D | S G P Q B J B X F U D H } M ( B X | M Q ~ JX U JT M B H H B S U T ~ V P E JT F K F B E C M B C I O } N W M K V F P % P U J B X K F E C M B C P S U X F M I JK U ~ U JT O P S X P S G P S U O F X X F O P U F U D H } M ( B N W M X X JX S U X F M I K P U B N N | S H P S Q P M X X O P U T B M B N W O $ I U I S I M X M P ~ I O | S C N F N I U F U T ~ U T B U B JX U O B J B X F U T S B B B E C M B C K I T I O O } H B O B B S } B K F B E C M B C ~ JX U B N W U U B M F ~ I O } N W M V P % K I T F Q K I U K B H S V JP N I E I T | G I U | U B X P O N P M X X O P U F U | U B N B U 5 ~ Q P X JB E I T I O X X F B S ~ U O B S I D V P U V P M X X V P U ~ Q P X JB E ~ I T B C N } Q F I U I O X P JS F 9 K I U Q X JB E ~ JB F M | G T B ~ JX U B N W U U B M ( J B U F Z J| F S X O | F F U T ~ U T B U B JX U O B J B X F U D H } M ( K F S ~ U T B JH T J P O } N W S F . V P T } N P JX U O B S I D V P U B U I U J P Q O I U J B X I N | U T I U F U D H } M ( F U T S B B P T } N JX U O B S I D P U F U T ~ U T B U B JX U O B ~ F U T S I M Q N V 5 V P T } N P JX U O B S I D J| N I Z ~ JB F M Q $ K F S ~ U T B JH T K V P U JK F T O I M W T JK U T K P U O P M M | JC S F Q B T B S X P N S F ~ M I K N B B T X B H M S P JF 2E B S } B V P O } N T JF Q F Q V P U V P E D F B T B S X P N S F I U F U T S JP ' JB F H S } O ( I S I M X M P ~ I O | S C N F N I U F U T ~ U T B U B JX U O B ~ F U T S B B X J B X F U D H } M ( | U F N K B S } B K P O } N T JF Q F Q J F X S | Q V O F ' B E C M B C I U B S ~ U O B S I D O P U B E C M B C ~ JX U M B U T B O B ~ V P E JT F B E C M B C ~ JX U B N W U U B M ( B N W U Q N 5 K B T B H S JF E ~ P S J F X S | Q V O F ' B JU $ B N I M C S 2 J B X ~ U JT O P S X V P S G P S U O F X X F V P U V P M X X V P U B U B N ~ T B U F U D H } M ( K P U B N N | S H P S Q V P U B N ~ T JX S U X F M I JX U B N W U U B M ( K I T F Q I T U Q I M | H F N | JX M P C S F Q 7 a V P T S E P F N I T ~ M I Y V M P 2 a F Q } M % V P T } N P JX U O B S I D V P U I T I O X B O $ B S } B V P O } N T JF Q F Q V P U I T F Q O I U F U T ~ D V B ~ ~ P S I U F U T J F / B S } B V P O } N T JF Q F Q JK F T P S X K } JX N M B 2 K B U O U JT B X H F JK F T P S K X I K T } F JX Q N P M F B X Q P K E } J JX B M X P ~ C S B F E Q C V M JK B U C F ~ U F JX H U M B F U G T P B Q O $B K B T B H S JF E I T W O ~ M W T P E P D } O I U T V P T S E P F N I T M I Y V M P 2 I U T ~ P S U M G JX M F U P U T I O X 5 I O X 5 P U J B X K F E C M B C P S U X F M I JK U ~ U JT O P S X P S G P S U O F X X F O P U F U D H } M ( B N W M X X JX S U X F M I K P U B N N | S H P S Q V P U P M X X O P U T B M B N W O $ I O | S C N F N I U F U T ~ U T B U B JX U O B ~ F U T S B B - I S I M X M P ~ I O | S C N F N I U F U T ~ U T B U B JX U O B ~ F U T S B B X J B X F U D H } M ( B E C M B C I U B E C M B C I U K P S Q V P X H } M F B N ~ T P U F U D H } M ( B X | M Q ~ JX U JT M B H H B S U T ~ JX U B N W U U B M ( F U T ~ U T B U B JX U O B ~ F U T S B B X J B X F U D H } M ( ~ JX M P C S F Q V F M B X P S Q K I T I O O } H B O B B S } B V P U V P E B S D } F B I V T P WU O B ~ U I M U W T X B +U I T W O ~ M W T I U T B S ~ U JW F N O P U ~ I T W O ~ M W T ~ K U I JU T S I F O O Q } O H I B U O F B U T B } S JS } B B G V P $U B S } B V P O } N T JF Q F Q ~ P S I M | H F N | JX M P C S F Q 7 P N T JB E F X T O X I O V T O W U J F T | C F U T S JP ' K B H S V P JU F M I T F Q ~ M I N B 9 V P U I U O | U B X B U T I T F B Q S ~ ~ U M O I B N S B I 9D V P E JT F B E C M B C F T ~ P S S JB E ~ B N W U U | M ( B S } B V P U ~ P S K I E K C I V T S I P O O } H M B P O 2B K I T F Q I T U Q ~ JX M P C S F Q 7 B E C M B C ~ JX U M B U T B O B F T ~ P S S JB E ~ B N W U U | M ( K I T I O O } H B O B B S } B ~ P S ~ JX M P C S F Q 7 P T } N JX U O B S I D P U F U T ~ U T B U B JX U O B ~ F U T JO X T P X J B X F U D H } M ( K F S ~ U I G P S S P Q B K V P U T V P T } N P JX U O B S I D I O X 5 P U K F O | S C N F N JK U F U T ~ U T B U B JX U O B J B X ~ F U T S B B X J B X F U D H } M ( O W S U M G ~ O W E C M B C B H S V P JU F M ~ X B - B N H } M Q P U J B X ~ V P E D F ~ V P E JT F P S U M G K I T I O O } H B O B B S } B JB F M Q B ~ JX M P C S F Q 7 a K I T I O O } H B O B B S } B ~ P S ~ JX M P C S F Q a7 F Q } M % K I JD S ~ U T P Q K ~ JX O X F U B T F S I Q O I U F U T } M B X O C B M C P H P M | U B X O P U I T | C F N F U F T ~ U T B U B X P Q B B O F U F S P Q N O F E P Q B N I M C S Q J F X S | Q O | ( 6SDJQROR (VSDQKRO (VSDÆRO =: =: $QWHV GH LQLFLDU OD ORFDOL]DFLÊQ GH IDOORV FRPSUREDU TXH ODV FRQGLFLRQHV GH VHUYLFLR TXH VH LQGLFDQ HQ OD SHJDWLQD GH FDUDFWHUõVWLFDV FRLQFLGHQ FRQ ODV FRQGLFLRQHV UHDOHV GH VHUYLFLR &RPSUREDU VL ORV VHFDGRUHV SUHVHQWDQ DOJXQD LUUHJXODULGDG GXUDQWH HO IXQFLRQDPLHQWR &RPSUREDU OD DOLPHQWDFLÊQ GH FRUULHQWH &RPSUREDU OD SUHVLÊQ GH VHUYLFLR PõQLPDP [LPD &RPSUREDU OD WHPSHUDWXUD GH HQWUDGD GHO DLUH FRPSULPLGR 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