• Journal of the Korean Society for Precision Engineering
• /
• v.20 no.3
• /
• pp.194-201
• /
• 2003

This study presents the comparative filtration performance evaluation of automotive fuel filters based on the theory of Beta ratio. For the experiments, the fuel component's test stand incorporating the multi-pass filtration test circuit was developed. A mathematical description of filtration process in general was derived. And the theoretical basis of multi-pass test and the test procedure were described in detail. Experimental results revealed that domestic fuel filter tested could not maintain consistent Beta ratio, that is filtration efficiency, although it had the holding capacity of contaminants close to the specification at maximum pressure drop across the filter assembly. The results of experiments and simulations also showed that filtration system model could be refined including desorption ratio to estimate the variable Beta ratio in service life.

• The Korean Journal of Financial Management
• /
• v.14 no.3
• /
• pp.73-111
• /
• 1997

본 논문은 1980년${\sim}$1995년의 16년동안 한국주식시장에 있어서 주식수익률의 시계열자기상관성을 확인하는 행태적 측면과 투자수익률의 경제성을 파악하는 투자성과측면으로 구분된 단계적 검증을 실시함으로써 시장수익률을 평균적으로 초과할 수 있는 거래전략의 존재 및 그 초과수익률의 크기를 연구하였는바 이 연구에서 발견된 중요한 내용은 다음 다섯가지로 요약된다. 첫째, 한국주식시장에 있어서 거래전략의 개발가능성을 평가하기 위하여 특정시점을 기준으로 투자기간수익률과 분석기간수익률간의 시계열자기상관성을 검증한 행태적 측면의 실증결과에 의하면, 시계열속성을 나타내는 베타계수가 유의적인 양(+) 혹은 음(-)을 나타내기 때문에 특정시점 이전의 주식수익률은 목표투자기간동안에 투자할 대상을 선정하는데 중요한 정보원천이 될 수 있으며, 각 투자기간에 있어서 분석기간이 길어질수록 더욱더 유의적인 음(-)의 베타계수를 나타냄에 따라 계속거래전략보다 반전거래전략의 개발가능성이 높음을 알 수 있었다. 둘째, 주식시장에 전후수익률간의 시계열속성을 활용하여 투자를 하는 경우에 시장수익률을 평균적으로 초과할 수 있는 거래전략이 존재하는지를 파악하기 위하여 Loser포트폴리오와 Winner포트폴리오 초과수익률간의 차이로써 측정된 수익률을 이용한 실증결과에 의하면, 행태적 측면의 결과와 일관되게 분석기간수익률의 정보를 이용하여 투자기간에 투자하는 경우에 시장수익률을 평균적으로 초과하는 거래전략이 존재하고, 또한 Loser와 Winner포트폴리오의 수익률차이값 중 유의적인 음(-)의 값보다는 유의적인 양(+)의 값이 보다 많으므로 반전거래 전략의 활용가능성이 높음을 확인하였다. 셋째, 분석기간에 기초한 투자기간에 대한 투자전략상의 유용성을 최대한 발휘할 수 있는 거래전략과 투자기간을 검증한 Loser포트폴리오와 Winner포트폴리오의 수익률차이의 1개월 평균값에 의하면, 반전거래전략을 지지하는 경우가 계속거래전략의 경우보다 약 5배이상 높은 값을 실현하였고, 반전거래전략 중에서 분석기간 4개월에 대한 투자기간 24개월의 거래전략이 가장 높은 경제적 성과를 실현하였다. 넷째, 투자종목의 선택측면에서 각 거래전략의 실질적 유용성을 확인하기 위하여 Loser포트폴리오와 Winner포트폴리오의 고유한 속성을 검증한 결과에 의하면, 각 투자기간에 있어서 분석기간의 길이가 길어질수록 Winner포트폴리오는 유의적인 양(+)의 값을, Winner포트폴리오는 유의적인 음(-)의 값을 나타내었고, 특히 투자기간보다 분석기간의 기간길이가 긴 (투자기간<분석기간)에 이러한 경향이 더욱 뚜렷했다. 따라서, Loser포트폴리오를 매수보유하는 반전거래전략이 Winner포트폴리오를 매수보유하는 계속거래전략보다 적합한 전략임을 알 수 있었다. 다섯째, Loser포트폴리오와 Winner포트폴리오를 각각 투자대상종목으로써 매수보유한 반전거래전략과 계속거래 전략에 대한 유용성을 비교검증한 Loser포트폴리오와 Winner포트폴리오 각각의 1개월 평균초과수익률에 의하면, 반전거래전략의 Loser포트폴리오가 계속거래전략의 Winner포트폴리오보다 약 5배정도의 높은 1개월 평균초과수익률을 실현하였고, 반전거래전략의 유용성을 충분히 발휘하기 위하여 장단기의 투자기간을 설정할 경우에 6개월에서 36개월로 이동함에 따라 6개월부터 24개월까지는 초과수익률이 상승하지만, 이후로는 감소하므로, 반전거래전략을 활용하는 경우 주식투자기간은 24개월이하의 중단기가 적합함을 발견하였다. 이상의 행태적 측면과 투자성과측면의 실증결과를 통하여 한국주식시장에 있어서 시장수익률을 평균적으로 초과할 수 있는 거래전략은 존재하므로 이러한 전략을 개발 및 활용할 수 있으며, 특히, 한국주식시장에 적합한 거래전략은 반전거래전략이고, 이 전략의 유용성은 투자자가 설정한 투자기간보다 더욱 긴 분석기간의 주식가격정보에 의하여 최대한 발휘될 수 있음을 확인하였다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.12 no.1
• /
• pp.133-144
• /
• 2017

This study investigates firm-specific financial variables that determine investment or speculative grades from the viewpoint of firms, which are one of the major stakeholders related to the credit rating. We employ an ordered probit model for our analysis with the sample data from 1999 to 2015 for listed firms in the Korean stock markets. For investment grades, operating margin, sales, market-to-book, dividend payment, capital expenditure ratio, and tangible asset ratio have a significantly positive impact on credit ratings. In the subsample for speculative grades, the coefficients of the dividend payment, retained earnings ratio, and capital expenditure ratio are significantly positive while short-term debt ratio and R&D expenditures have a significantly negative impact on credit ratings. For the analysis before and after 2009, when the Credit Information Use and Protection Act was strengthened after the global financial crisis, the coefficients of the capital expenditure ratio, cash ratio, and tangible asset ratio are significantly positive in the subsample for investment grades before 2009, but not significant after 2010. The coefficient of the long-term debt ratio is more significantly negative than that of the short-term debt ratio before 2009, for speculative grades, but short-term debt ratio has a more negative effect on ratings than long-term debt ratio after 2010. Surprisingly, the coefficient of the R&D expenditures is significantly negative in both investment and speculative grades since 2010. Our findings are inconsistent with the conjecture that the increase in R&D expenditures enhances the possibility of creating cash-flow by raising the investment growth opportunity, and thus affects positively the credit rating.

• The Journal of the Acoustical Society of Korea
• /
• v.36 no.6
• /
• pp.387-393
• /
• 2017

The dynamic interactions between benzoic acid derivative ($pH{\approx}7.0$)(guest) and ${\beta}$-cyclodextrin (${\beta}$-CD)(host) were investigated in an aqueous solutions in terms of ultrasonic absorption in the frequency range 0.2 MHz ~ 50 MHz with emphasis on the low-frequency range below 1 MHz at $25^{\circ}C$. We show that the interaction of ${\beta}$-CD and benzoic acid derivative complies with a typical spectrum of a single relaxation process around a few MHz. The ultrasonic relaxation observed in these solutions was due to a perturbation of a chemical equilibrium related to a reaction of an inclusion complex formed by the host and guest. The rate constant ($k_b=7.48{\times}10^6M^{-1}s^{-1}$) and equilibrium constant ($K=68.6M^{-1}$) were determined from the concentration dependences of benzoic acid on the relaxation frequency. The standard volume change (${\Delta}V=10.6{\times}10^{-6}m^3mol^{-1}$) of the reaction was also computed from the maximum absorption per wavelength. It was found that the hydrophobicity of guest molecules played an important role in the formation of the inclusion complex.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
• /
• v.12 no.6
• /
• pp.619-628
• /
• 2019

In this paper, we designed a beta ray sensor for a true random number generator. Instead of biasing the gate of the PMOS feedback transistor to a DC voltage, the current flowing through the PMOS feedback transistor is mirrored through a current bias circuit designed to be insensitive to PVT fluctuations, thereby minimizing fluctuations in the signal voltage of the CSA. In addition, by using the constant current supplied by the BGR (Bandgap Reference) circuit, the signal voltage is charged to the VCOM voltage level, thereby reducing the change in charge time to enable high-speed sensing. The beta ray sensor designed with 0.18㎛ CMOS process shows that the minimum signal voltage and maximum signal voltage of the CSA circuit which are resulted from corner simulation are 205mV and 303mV, respectively. and the minimum and maximum widths of the pulses generated by comparing the output signal through the pulse shaper with the threshold voltage (VTHR) voltage of the comparator, were 0.592㎲ and 1.247㎲, respectively. resulting in high-speed detection of 100kHz. Thus, it is designed to count up to 100 kilo pulses per second.

• Journal of Biomedical Engineering Research
• /
• v.24 no.2
• /
• pp.99-106
• /
• 2003

In this paper, a method of discriminating EEG for diagnoses of mental activity is proposed. The proposed method for classification of schizophrenia and normal EEG is based on the wavelet transform and the artificial neural network. The wavelet coefficients of $\alpha$ band, $\beta$ band, $\theta$ band, and $\delta$ band are obtained using the wavelet transform. The magnitude, mean, and variance of wavelet coefficients for each EEG band are applied to the input data of the system's ANN. The architecture of the ANN s a four layered feedforward network with two hidden layer which implements the error back propagation learning algorithm. Through the classification of schizophrenia composed of 19 ANNs corresponding to 19 channels, the classifying system show that it can classify the 100% of the normal EEG group and the 86.67% of the schizophrenia EEG group.

• Journal of Korean Society of Coastal and Ocean Engineers
• /
• v.26 no.1
• /
• pp.33-40
• /
• 2014

Reliability analysis of jacket type offshore wind turbine (OWT) support structure under extreme ocean environmental loads was performed. Limit state function (LSF) of OWF support structure is defined by using structural dynamic response at mud-line. Then, the dynamic response is expressed as the static response multiplied by dynamic response factor (DRF). Probabilistic distribution of DRF is found from response time history under design significant wave load. Band limited beta distribution is used for internal friction angle of ground soil. Wind load is obtained in the form of thrust force from commercial code called GH_Bladed and then, applied to tower hub as random load. In a numerical example, the response surface method (RSM) is used to express LSF of jacket type support structure for 5MW OWF. Reliability index is found using first order reliability method (FORM).

• Journal of the Korean Society for Aeronautical & Space Sciences
• /
• v.30 no.7
• /
• pp.44-50
• /
• 2002

Low-velocity impact on composite sandwich panel has been investigated. Contact force is computed from a proposed modified Hertzian contact law. The Hertzian contact law is constructed by adjusting numerical value of the exponent and reducing the through-the- thickness elastic constant of honeycomb core. The equivalent transverse elastic constant is calculated from the rule of mixture. Nonlinear equation to calculate the contact force is solved by the Newton-Raphson method and time integration is done by the Newmark-beta method. A finite element program for the low-velocity impact analysis is coded by implementing these techniques and an 18-node assumed strain solid element. Behaviors of composite sandwich panels subjected to low-velocity impact are analyzed for various cases with different geometry and lay-ups. It has been found that the present code with the proposed contact law can predict measured contact forces and contact times for most cases within reasonable error bounds.

• Geotechnical Engineering
• /
• v.4 no.4
• /
• pp.39-50
• /
• 1988

Until now, most probabilistic approaches to the slope stability analysis have been accomplished on the arc failure surface without load. In this study, the relationships between the probability of failure and the safety factor are investigated when the shape of failure is logarithmic spiral on the homogeneous slope with ground water level, the probability distributions of the load and the strength parameter of soil being assumed as normal distribution, log-normal distribution and beta distribution. The results obtained are as follows; 1. For the same safety factor, the design of slope is more reasonable by using the probability of failure than by the safety factor because the probability of failure is increased as the coefficient of variation is increased. 2, The safety factor is more reasonably determined by the coefficient of variation of the strength parameter than by the field condition when the safety factor is applied to design of slope.

• Journal of Korean Ophthalmic Optics Society
• /
• v.12 no.1
• /
• pp.41-51
• /
• 2007

Differential equations and their solutions were formulated to describe the deflection of the tapered, nonuniform thickness and width's temple, clamped at one end while the perpendicular force is acting on the other end which is freely suspended. The model was derived based on laws of continuity at every point inside the elastic medium that the deflection, tangent slope, bending moment, shearing force must be continuous within the medium. The model is found to be in good agreement with measurements on the beta titanium temple with the correlation 0.992 and p=0.999(Chi test). Therefore it is possible to predict the effect of various temple parameters such as elastic modulus, thickness, width on the deflection of the temples being considered.