• Journal of Korean Institute of Industrial Engineers
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• v.29 no.2
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• pp.126-134
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• 2003

Among a variety of models proposed by so far to calculate the real options value when the investment decision about the underlying project may be delayed, the Black-Scholes and the binomial lattice models have been widely used and discussed by academics and practitioners. However these two models do not provide us with intuition into how it is constructed and what it does really mean. In this paper, we will therefore explore its components and practically more intuitive meaning. With the components explored, we developed the mathematical model to calculate the real options value and thus strategic net present value, based on the opportunity cost concept, for which the investment decision about the underlying project is postponed by one year. We will finally present a short illustrative example for readers better understanding on the model proposed in the paper.

• Journal of Internet Computing and Services
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• v.16 no.3
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• pp.43-57
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• 2015

In this thesis was conducted to propose a method for efficient information retrieval using concept lattices. Since this thesis designed a new system based on ordinary concept lattices, it has the same approach method as ontology, but this thesis proposes new concept lattices to be used by establishing collaborative relations between objects and concepts that users are likely to search information more efficiently. The system suggested by this thesis can be summarized as below. Firstly, this system leads to a collaborative search by using Three kinds of concepts, such as keyword concept lattices, which focus on input key words, expert concept lattices recommended by experts and theme concept lattices, and based on these 3 concept lattices, it will help users search information they want more efficiently. Besides, as the expert concept and the keyword concept become combined, further providing users with the frequency of keyword and the frequency of category, this system can function to recommend key words related to search words entered by users. Another function of this system is to inform users of key words and categories used in users' interested themes by using the theme concept lattices. Secondly, when there is not keyword entered by a user, it is possible for users to achieve the goal of search through the secondary search when this system provides them with key words related to the input keyword. Thirdly, since most of the information is managed while being dispersed, such dispersed and managed information not only has different expression methods but changes as time goes. Accordingly, By using XMDR for efficient data access and integration of distributed information, this thesis proposes a new technique and retrieval system to integrate dispersed data.

• Nuclear Engineering and Technology
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• v.42 no.3
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• pp.271-278
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• 2010

While the deterministic lattice physics/depletion codes use leakage-corrected critical spectrum (although approximate due to the B1 buckling search employed), Monte Carlo depletion codes currently in use do not have such a feature in spite of their heterogeneity and continuous-energy modeling capability. This paper describes an approach to Monte Carlo depletion with leakage-corrected critical spectrum derived from first principles. This is based on the concept of albedo eigenvalue treated as weight of the reflected neutron in Monte Carlo simulation.

• Nuclear Engineering and Technology
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• v.40 no.2
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• pp.117-126
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• 2008

In this paper, a new reactor core design is proposed on the basis of a mixed core concept consisting of a thermal zone and a fast zone. The geometric structure of the fuel assembly of the thermal zone is similar to that of a conventional thermal supercritical water-cooled reactor(SCWR) core with two fuel pin rows between the moderator channels. In spite of the counter-current flow mode, the co-current flow mode is used to simplify the design of the reactor core and the fuel assembly. The water temperature at the exit of the thermal zone is much lower than the water temperature at the outlet of the pressure vessel. This lower temperature reduces the maximum cladding temperature of the thermal zone. Furthermore, due to the high velocity of the fast zone, a wider lattice can be used in the fuel assembly and the nonuniformity of the local heat transfer can be minimized. This mixed core, which combines the merits of some existing thermal SCWR cores and fast SCWR cores, is proposed for further detailed analysis.

• Nuclear Engineering and Technology
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• v.53 no.3
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• pp.741-751
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• 2021

There has been a deep interest in trying to find better-performing fuel clad motivated by the desire to decrease the likelihood of the reactor barrier failure like what happened in Fukushima in recent years. In this study, the effect of move towards accident tolerant fuel (ATF) cladding as the most attracting concept for improving reactor safety is investigated for SMART modular reactor. These reactors have less production cost, short construction time, better safety and higher power density. The SiC and FeCrAl materials are considered as the most potential candidate for ATF cladding, and the results are compared with Zircaloy cladding material from reactor physics point of view. In this paper, the calculations are performed by generating PMAX library by DRAGON lattice physics code to be used for further reactor core analysis by PARCS code. The differential and integral worth of control and safety rods, reactivity coefficient, power and temperature distributions, and boric acid concentration during the cycle are analyzed and compared from the conventional fuel cladding. The rod ejection accident (REA) is also performed to study how the power changed in response to presence of the ATF cladding in the reactor core. The key quantitative finding can be summarized as: 20 ℃ (3%) decrease in average fuel temperature, 33 pcm (3%) increase in integral rod worth and cycle length, 1.26 pcm/℃ (50%) and 1.05 pcm/℃ (16%) increase in reactivity coefficient of fuel and moderator, respectively.