• Communications for Statistical Applications and Methods
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• v.15 no.4
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• pp.563-585
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• 2008

This paper presents how to improve the efficiency and accuracy in the pricing and sensitivity evaluation for derivatives, since the need for the evaluation of complicated derivatives is increased. The Monte Carlo(MC) simulation using the quasi random number instead of pseudo random number can improve the elapsed time and accuracy for the valuation of European-type derivatives. However, the quasi MC simulation method has its limit for applying it in the multi-dimensional case such as American-type and path-dependent options due to the increased correlation between dimensions as the dimension of random numbers is increased. In order to complement this problem, we develop a modified method in which correlation values are controlled to be below a pre-specified value. Thus, this method is applicable for the pricing of either derivatives ill which underlying assets or risk factors are several or derivatives having path-dependent or early redemption property. Furthermore, we illustrate that it is important to take an appropriate grid interval for the use of finite difference method(FDM) by applying the FDM to one example of non-symmetrical butterfly spreads.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.26 no.6
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• pp.367-380
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• 2014

Tsunami take away life, wash houses away and bring devastation to social infrastructures such as breakwaters, bridges and ports. The targeted coastal structure object in this study can be damaged mainly by the tsunami force together with foundation ground failure due to scouring and liquefaction. The increase of excess pore water pressure composed of oscillatory and residual components may reduce effective stress and, consequently, the seabed may liquefy. If liquefaction occurs in the seabed, the structure may sink, overturn, and eventually increase the failure potential. In this study, the solitary wave was generated using 2D-NIT(Two-Dimensional Numerical Irregular wave Tank) model, and the dynamic wave pressure acting on the seabed and the estimated surface boundary of the vertical revetment. Simulation results were used as an input data in a finite element computer program(FLIP) for elasto-plastic seabed response. The time and spatial variations in excess pore water pressure, effective stress, seabed deformation, structure displacement and liquefaction potential in the seabed were estimated. From the results of the analysis, the stability of the vertical revetment was evaluated.

• Journal of Korean Tunnelling and Underground Space Association
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• v.15 no.5
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• pp.455-468
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• 2013

In recent, various types of steel pipe-roof methods, which is reinforced by mortar after propulsion of steel pipe into the ground, have been used for the construction of trenchless underpass. Integrated steel pipe-roof has flexural stiffness and can resist against overburden load and reduce the stress acting on the concrete underpass structures. Due to arching effect, vertical and horizontal stress distribution around the steel pipe-roof is changing. In this study, therefore, the characteristic of stress distribution around the underpass induced by the construction of integrated steel pipe-roof is investigated by using numerical method. To examine the soil-structure interaction, interface element is introduced. Results show that vertical stress acting on the concrete structure placing inside the steel pipe-roof is significantly reduced due to arching effect and flexural stiffness of integrated steel pipe-roof. Design load can be reduced and effective design of underpass will be available if the earth pressure reduction due to arching effect is considered in the design stage.

• Journal of Navigation and Port Research
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• v.39 no.4
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• pp.285-291
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• 2015

Exposure to cold sea water can be life-threatening to the drowned individual. Although appropriate life jacket can be usually be provided for the buoyance at the drowning accident, heat loss can make the drowned individual experience the hypothermia. Inflatable life jackets filled with inflatable air pocket can increase the thermal protection as well as the buoyancy force. Because it is important to know how the human body behaves unde the different life jacket, present study compares the thermal insulation capacity of solid type life jacket with that of inflatable life jacket. In order to represent the insulation capacity of life jacket, thermal resistance is estimated based on the assumption of steady-state. Also, a transient three-dimensional thermal distribution of the thigh is analyzed by using finite element method implementing the Pennes bioheat equation. The finite element model is a segmental, multi-layered representation of the body section which considers the heat conduction within tissue, bone, fat and local blood flow rate.

• Journal of the Korean Institute of Gas
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• v.21 no.3
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• pp.17-25
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• 2017

Recently, the need of alternate energy resources is increasing due to the global warming issue. The natural gas buried in the extremely cold regions of Alaska and Siberia is of much interest these days. However, the construction standards are needed to be used in extremely cold regions. Particularly, more research work need to be carried out on the trench stability so that the safety of the workers is ensured and the damage to the construction machinery can also be reduced resulting in smaller construction period. In this study, the process for lowering of the pipelines of 30 and 40 in. diameters in the ground conditions (silt and peat) of Yakutsk, Russia was analyzed. The slopes of the ground surface were considered as $0^{\circ}$, $10^{\circ}$, and $20^{\circ}$ to be excavated in summer and winter. The analysis results show that the weight of pipelayer affects the trench stability. Numerical analysis was performed by considering the types of pipelayers, distance between the trench and pipelayer, and the distance between the pipelayers placed longitudinally along the trench. The results show that as the distance between the pipelayer and the trench decreases, the factor of safety of the slope decreases with an increase in the slope of the ground surface. When the slope of the ground surface was $20^{\circ}$, the breakout surface was anticipated to continue from the pipelayer to the trench boundary. In winter season, stability problem of the trench was not observed when the slope of the ground surface was less than $20^{\circ}$.

• Journal of Korean Society of Steel Construction
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• v.9 no.2 s.31
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• pp.171-179
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• 1997

The high-tension bolted joints are clamped by the axial force which approaches the yielding strength. The introduced axial force is transmitted to the connection members pass through washer. The transferred load in connections is balanced to the compressive stress of plates, axial force in bolts and the external loads. In this mechanism, the compressive stress and slip load we dominated by the effective stiffness of bolted joints and plates. In general the effective stiffness is specified to product to the effective area and elasticity modulus in connections. In this reason, the conic projection formular which is assumed that the axial force in bolts is distributed to the cone shape and that region is related to the elastic deformation mechanism in connections, was proposed. But it conclude what kind of formula is justified. Therefore in this paper, the fatigue tests are performed to the high tension bolted joints and inspected to the phase on the friction face. And using the FEM and numerical method, it is analyzed and approximated to the compressive stress distribution and its region. Moreover, it is estimated to the effective area and to the relation the friction area to the effective compressive distribution region.

• Journal of the Korean Geotechnical Society
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• v.39 no.5
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• pp.27-40
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• 2023

A pile is a structural element that is used to transfer external loads from superstructures and has been widely utilized in construction fields all over the world. The method of installing a pile into the ground should be selected based on geotechnical conditions, location, site status, environmental factors, and construction costs, among others. It can be divided into two types: direct hammering and preboring. The direct hammering method installs a pile into the bearing layer, such as rock, using a few types of hammer, generating a considerable amount of pile driving-induced vibration. The vibration from pile driving influences adjacent structures and the ground; therefore, quantitatively investigating the effects of vibration is inevitably required. In this study, two-dimensional dynamic numerical modeling and analysis are performed using the finite difference method to investigate the influence on the adjacent slope, including temporary supporting system. Time-dependent loading induced by pile driving is estimated and used in the numerical analysis. Consequently, large surface displacement is estimated due to surface waves and less wave deflection, and refraction at the surface. The total displacement decreases with the increase of the distance from the source. However, lateral displacement at the top of the slope shows a larger value than vertical displacement, and the overall displacement tends to be concentrated near the face of the slope.

• Geophysics and Geophysical Exploration
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• v.14 no.1
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• pp.7-17
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• 2011

We have developed an inversion code for three-dimensional (3D) resistivity tomography including the anisotropy effect. The algorithm is based on the finite element approximations for the forward modelling and Active Constraint Balancing method is adopted to enhance the resolving power of the smoothness constraint least-squares inversion. Using numerical experiments, we have shown that anisotropic inversion is viable to get an accurate image of the subsurface when the subsurface shows strong electrical anisotropy. Moreover, anisotropy can be used as additional information in the interpretation of subsurface. This algorithm was also applied to the field dataset acquired in the abandoned old mine area, where a high-rise apartment block has been built up over a mining tunnel. The main purpose of the investigation was to evaluate the safety analysis of the building due to old mining activities. Strong electrical anisotropy has been observed and it was proven to be caused by geological setting of the site. To handle the anisotropy problem, field data were inverted by a 3D anisotropic tomography algorithm and we could obtain 3D subsurface images, which matches well with geology mapping observations. The inversion results have been used to provide the subsurface model for the safety analysis in rock engineering and we could assure the residents that the apartment has no problem in its safety after the completion of investigation works.

• Journal of the Korea Concrete Institute
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• v.19 no.4
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• pp.449-456
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• 2007

This research was conducted to analyze the features of the critical tensile stresses at the top and bottom of the concrete slab in the jointed concrete pavement (JCP) when subjected to both the environmental and vehicle loads. First, the stress distribution in JCP was analyzed when the system was subjected to only the environmental loads or the vehicle loads by using the finite element model of JCP. Then, the stresses were analyzed when the system was subjected to the environmental and vehicle loads at the same time. From this study, it was found that the critical tensile stresses at the slab bottom under the vehicle loads were almost constant regardless of the loading positions once the loads were applied at the positions having some distance from the transverse joint. The critical tensile stresses at the slab bottom could be obtained using the model consisting of normal springs for underlying layers by adding the critical stresses due to the environmental loads and the vehicle loads for the curled-down slab, and by subtracting the critical stress due to the environmental loads from that due to the vehicle loads for the curled-up slab. The critical tensile stresses at the top of the slab could be obtained using the model consisting of tensionless springs for underlying layers by adding the critical stress due to the environmental loads and the stress at the middle of the slab under the vehicle loads applied at the joint for the curled-up slab. An alternative to obtain the critical stresses at the top of the slab for the curled-up slab was to use the critical stresses under only the environmental loads obtained from the model having normal springs for underlying layers.

• Journal of the Institute of Electronics Engineers of Korea SD
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• v.41 no.6
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• pp.25-31
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• 2004

In this paper, we introduce kinetic Monte Carlo (kMC) methods for simulating diffusion process in nano-scale device fabrication. At first, we review kMC theory and backgrounds and give a simple point defect diffusion process modeling in thermal annealing after ion (electron) implantation into Si crystalline substrate to help understand kinetic Monte Carlo methods. kMC is a kind of Monte Carlo but can simulate time evolution of diffusion process through Poisson probabilistic process. In kMC diffusion process, instead of. solving differential reaction-diffusion equations via conventional finite difference or element methods, it is based on a series of chemical reaction (between atoms and/or defects) or diffusion events according to event rates of all possible events. Every event has its own event rate and time evolution of semiconductor diffusion process is directly simulated. Those event rates can be derived either directly from molecular dynamics (MD) or first-principles (ab-initio) calculations, or from experimental data.