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multiple of another wave), we see a rather remarkable thing happening: The waveform gets steeper on the sides and flatter on top As we add more and more of the odd harmonics (there is, after all, an infinite series of them), the wave begins to look like the typical square wave Now of course, there is no such thing as a true square wave; for our purposes, though, we ll accept the fact It should now be intuitive to the reader that digital signals have a mixture of low-, medium-, and high-frequency components, which means that they cannot be transmitted across the bandwidth-limited 4 KHz channels of the traditional telephone network In digital carrier facilities, the equipment that restricts the individual transmission channels to 4 KHz chunks is eliminated, thus giving each user access to the full breadth of available spectrum across the shared physical medium.

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In frequency-division systems, we observed that we give users some of the frequency all of the time; in time-division systems, we turn that around and give users all of the frequency some of the time As a result, highfrequency digital signals can be transmitted without restriction Digitization brings with it a cadre of advantages including improved voice and data transmission quality; better maintenance and troubleshooting capability, and therefore reliability; and dramatic improvements in configuration flexibility In digital carrier systems, the time-division multiplexer is known as a channel bank; under normal circumstances, it allows either 24 or 30 circuits to share a single, 4-wire facility The 24-channel system is called T-Carrier; the 30-channel system, used in most of the world, is called E-Carrier Originally designed in 1962 as a way to transport multiple channels of voice over expensive transmission facilities, they soon became useful as data transmission networks as well.

That, however, came later For now, we focus on voice..

numerous assumptions in the valuation process. This allows NOP (operating income) to vary as the product of revenues (with varying growth rate capabilities) times NOPMs (with varying percentage capabilities). The FCFF approach allows an infinite number of NOPM/revenue growth rate input combinations to create more multistage growth valuation options than we ever want to think about.

changes. The circuit is still useful; however, it should be restricted to applications where the input voltage is stabilized (or the regulation of the output is not a concern) and the load is relatively static. Such applications may include ballasts, motors, and lamps.

The process of converting analog voice to a digital representation in the modern network is a logical and straight-forward process. It has four distinct steps: Pulse Amplitude Modulation (PAM) sampling, in which the amplitude of the incoming analog wave is sampled every 125 microseconds; companding, during which the values are weighted toward those most receptive to the human ear; quantization, in which the weighted samples are given values on a nonlinear scale; and finally encoding, during which each value is assigned a distinct binary value. Each of these stages of Pulse Code Modulation (PCM) will now be discussed in detail.

Downloaded from Digital Engineering Library @ McGraw-Hill (www.digitalengineeringlibrary.com) Copyright 2004 The McGraw-Hill Companies. All rights reserved. Any use is subject to the Terms of Use as given at the website.

Both of the weaknesses of the simple circuit shown in Fig. 7.7 can be easily overcome. The circuit in Fig. 7.10 uses a sine reference voltage, V(5),

We all are painfully aware that the geopolitical units where we reside have great resourcefulness in expropriating a large portion of our income in the form of taxation. Likewise, corporations have to pay the various jurisdictions where they do business federal, state, local, and international governments their respective pounds of flesh. In our calculation of corporate free cash flow, we make appropriate adjustments for taxes to see what is left over for the good guys the stockholders.

Pulse Code Modulation (PCM)

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