• Title/Summary/Keyword: D value

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Try to Use a New Valuation Approach: Application of the Real Options Pricing Method to an Aerospace Project (항공우주 거대산업 프로젝트의 가치평가에 대한 소고 - 실물옵션 가치평가법의 적용을 중심으로)

  • 최수미
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2002.05b
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    • pp.181-198
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    • 2002
  • This article describes a methodology for evaluating huge aerospace R&D investments using the real options pricing method. Option pricing has been proposed as a useful approach for modeling investment in R&D. Two important features of R&D investments are that an R&D project takes time to complete and that the outcome of R&D investments is highly uncertain. This makes the analysis of R&D investments difficult. Traditional tools for project evaluation, like IRR or the NPV, are inadequate for coping with the high uncertainty. Hence, In this article I propose a log-transformed binomal lattice method, and it will show that option pricing might be an adequate framework for evaluating such types of aerospace investments.

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Total Cholesterol and Alkaline Phosphatase are Increased in D/D Type of Angiotensin Converting Enzyme

  • Kim, Sung-Su
    • Biomedical Science Letters
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    • v.18 no.4
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    • pp.406-412
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    • 2012
  • The polymorphism (insertion, I or deletion, D) of angiotensin converting enzyme (ACE) gene is designated as the presence of a 287 bp Alu repeat. The D/D homozygote carrier is associated with high ACE activity, and this high activity has been implicated with hypertension, coronary artery disease, or diabetic nephropathy. We studied the clinical candidate marker in ACE gene polymorphism using chemical and hematological analysis. The subjects are divided into normotensive and hypertensive groups and ACE genotype in the group was confirmed by PCR method. Chemical analysis was preceded with Hitachi7060, and hematological analysis was performed using Mythic 22. In 116 targeted people, 17 (38.64%) of 44 I/I genotype group are hypertension, 15 (34.09%) in 44 with D/I, but, D/D type in the 28 cases is 15 patients (53.57%) in hypertension. In hypertension group, biochemical analysis (triglyceride, and alkaline phosphatase) and hematological analysis (white blood cell, platelet) are showed high value in D/D genotype of ACE gene. The relationship between hypertension and ACE genotype is the same results as previously reported and we thought that the high laboratory value of white blood cell, platelet, triglycerides, and alkaline phosphatase are also indicator of hypertension in D/D type of ACE.

The R&D Collaboration and Competitive Advantages in Korean Global Venture Firms (해외진출 벤처기업의 R&D협력이 경쟁우위에 미치는 영향)

  • Yang-Pok Rhee
    • Korea Trade Review
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    • v.47 no.2
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    • pp.47-67
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    • 2022
  • This study is to investigate the relationships between R&D collaboration and competitive advantage in Korean international venture firms from the perspective of resource-based theory, organizational learning and network theory. The R&D collaboration is divided into vertical cooperation within the value chain and horizontal cooperation beyond value chain. The first key finding from empirical analysis is that both vertical and horizontal R&D collaborations have significantly positive impacts on technology based competitive advantages. The vertical R&D collaboration has more impacts on competitive advantages than horizontal R&D collaboration. This suggests that R&D collaboration with purchasers and suppliers plays a greater role for venture organizations' competitiveness. Second, the potential knowledge based absorption capacity and mutual goodwill trust also work significantly to reinforce the positive influences of R&D collaboration to the competitive advantage. This implies that mutual trust between partners participating in collaboration and absorption capacity within venture organizations would strengthen the effectiveness of R&D cooperation. This study provides the practical implications that the performance and effectiveness of R&D collaboration may rely on the nature of cooperation partners and internal organization capability.

Establishment of $F_o-value$ Criterion for Canned Smoked-Oyster In Cottonseed Oil (훈제 굴 통조림의 가열살균기준 설정에 관한 연구)

  • HAN Bong-Ho;LEE Chang-Kook;IM Chi-Won;YU Hong-Sik
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.28 no.3
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    • pp.347-353
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    • 1995
  • [ $F_o-value$ ] of canned smoked-oyster in cottonseed oil (SOCO) were measured using a microcomputer aided $F_o-value$ measuring system, and the microbiological safety of the canned SOCO was evaluated to optimize the energy consumption. Most of the microorganisms in raw oyster were saprophytes. No microorganisms were detected from the canned SOCO which was pretreated by conventional procedure and sterilized at $110^{\circ}C$ with $F_o-value$ of 5.92min and over. The most heat resistant microflora isolated from the raw oyster was Bacillus sp.. D-value at $121.1^{\circ}C$ and z-value of spores of Bacillus sp. in the SOCO homogenate were 4.10min and $10,91^{\circ}C$, respectively. After 120 days storage at $50^{\circ}C$, no growth of microorganisms was recognized from the canned SOCO with $F_o-value$of 5.92min.

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Development of the Calibration Method for the Boost Pressure and EGR Rate of a WGT Diesel Engine Using Mean Value Model (평균값 모델을 활용한 WGT 디젤엔진의 과급압력 및 EGR율 보정 방법 개발)

  • Chung, Jaewoo;Kim, Namho;Lim, Changhyun;Kim, Deokjin;Kim, Kiyong
    • Transactions of the Korean Society of Automotive Engineers
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    • v.24 no.3
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    • pp.319-329
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    • 2016
  • Globally, many researchers have been trying to improve the fuel economy of a vehicle for satisfying future $CO_2$ regulation and minimizing air pollution problem. For the same background, diesel engine and vehicle system optimization using simulation models have been key technologies for the improvement of vehicle system efficiency. Therefore, in this study, calibration method for the air breathing system of a WGT diesel engine using mean value model has been composed for efficient engine and vehicle optimization simulation researches. And virtual WGT performances have been calculated for a 2 cylinder downsized diesel engine system. From these researches, the calibration method for the boost pressure and EGR rate of a virtual diesel engine related with WGT performances could be composed and some of technical issue related with downsized diesel engine could be investigated.

Improving 3D Measurement Speed using CUDA (CUDA를 이용한 3D 측정 속도 향상)

  • Kim, Ho-Joong;Cho, Tai-Hoon
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2017.05a
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    • pp.331-334
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    • 2017
  • Recently, a method using a fringe pattern is widely used for 3D measurements. This is a method of measuring by using a phase value obtained by projecting a pattern to an object to be measured. This method requires many operations such as calculating the phase value and calculating the height. It takes a lot of time depending on the amount of computation. In this paper, we present a method using NVIDIA's CUDA to reduce this time. And we introduce the method of calculating phase value and height. It also shows the exact time difference between the CPU version and the CUDA version. This method is very effective because it can process the same operation in a shorter time.

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Investigation of Aerodynamic Characteristics of a Medium-Size Vehicle (중형 차량의 외부 유동특성에 관한 연구)

  • Lee, D.R.
    • Journal of Power System Engineering
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    • v.10 no.2
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    • pp.22-28
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    • 2006
  • Computer simulation of the air flow over an automotive vehicle is now becoming a routine process in automotive industry to assess the aerodynamic characteristics of a medium-size vehicle such as $C_d\;and\;C_1$ and aslo to investigate the possibility of improving aerodynamic performance of the vehicle as a preliminary design for the production line. Mainly due to its contribution in saving time and cost in the development of new cars, computer simulation of the air flow over a vehicle is usually done well before a production car is introduced to the market and in gaining more and more attention as powerful computer resources are getting readily available nowadays. To aerodynamically design a car is mainly related with reducing a drag coefficient of car. A well designed car usually has a $C_d$ value in the range of $0.3{\sim}0.4$. It is understandable that automotive industry is rushing to reduce a drag coefficient as reducing even a small fraction of the $C_d$ value can have an enormous overall impact on many areas. Actually, the present research model was able to achieve a $C_d$ value in the range of $0.3{\sim}0.36$ for flow velocities of $60km/h{\sim}100km/h$ by strategically removing the possible factor hazardous to lower $C_d$ value. Prediction of the medium-size vehicle aerodynamics using CFD was performed when an actual car model was in the development stage and three-dimensional modeling was also performed to optimize it as the best model in terms of the best aerodynamic performance.

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Development of a Computer Program Predicting Sterilization Effects on Target Microorganisms (살균 Target 미생물 사멸효과 예측 프로그램 개발)

  • 신해헌;김영준;조원일;최준봉;최동원
    • The Korean Journal of Food And Nutrition
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    • v.16 no.3
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    • pp.180-186
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    • 2003
  • In order to prediction of lethal effects on target microorganisms, this study was developed the program in the basis of Excel that was systemized with Visual Basic. This program was automatically calculated the lethal effects (L and Fo value) by using thermal characteristics (D and z value), kinetic model and mathematic model. For the selection of target microorganisms, we are selected two microorganisms because of spoilage increasing by acid production and decreasing quality of food, and heat resistance microorganisms. The target microorganisms were Bacillus cereus (D$_{121.1}$=0.0065 min, z=7.8$^{\circ}C$) and Bacillus subtilis (D$_{121.1}$=0.5 min, z =12$^{\circ}C$). The program was developed for the target microorganisms, and that was very useful for various microorganisms that direct introducing known D and z value.

Determination of Nutrient Contents and In vitro Gas Production Values of Some Legume Forages Grown in the Harran Plain Saline Soils

  • Boga, M.;Yurtseven, S.;Kilic, U.;Aydemir, S.;Polat, T.
    • Asian-Australasian Journal of Animal Sciences
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    • v.27 no.6
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    • pp.825-831
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    • 2014
  • The aim of this study was to determine the nutritive value of some legume species in salt-affected soils of South-East Anatolian region using chemical composition and in vitro gas production kinetics. In this study, Lotus corniculatus, Trifolium alexandrinum, Medicago sativa were sown and tested in four different locations. A 3 by 4 factorial design with 3 legume species and 4 salt levels (non salty electrical conductivity (EC)<4 dS/m; low salt: 4 dS/m>EC<8 dS/m, medium saline: 8 dS/m>EC<16 dS/m and high salt: 16 dS/m>EC) was used in the study. Results indicated that salinity and plants had no significant effect on ash and ether extract. Dry matter (DM), acid detergent fiber, digestible dry matter, dry matter intake (DMI) were affected by plant, salinity and plant${\times}$salinity interaction. On the other hand neutral detergent fiber, relative feed value (RFV), and DMI were affected by salinity and plant${\times}$salinity interaction. Mineral contents were affected by plant species, salinity and salinity${\times}$plants interactions. In vitro gas production, their kinetics and estimated parameters such as were not affected by salinity whereas the gas production up to 48 h, organic matter digestibility, metabolizable energy (ME), and net energy lactation ($NE_L$) were affected by plant and plant${\times}$salt interaction. Generally RFVs of all species ranged from 120 to 210 and were quite satisfactory in salty conditions. Current results show that the feed value of Medicago sativa is higher compared to Lotus corniculatus and Trifolium alexandrinum.

A Study for Reduction of Combustion Noise in Diesel Engine by Wiebe's Combustion Function (Wiebe 燃燒函數에 의한 디이젤機關 의 燃燒騷音低減 에 관한 硏究)

  • 이성노;궁본등;촌산정;노상순
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.9 no.5
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    • pp.548-554
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    • 1985
  • This research is to find a means of reducing diesel engine combustion noise with none or minimum sacrifice of engine performance by investigating the influence of Cylinder Pressure Level(CPL). For this purpose, modified Wiebe's combustion function, considering the heat release curve as a combustion of both premixed and diffusive combustion portion, was exclusively used to obtain the indicator diagram and computer coeds were developed for the numerical analysis. Following are the results of this research. (1) CPL increases almostly with lag of ignition timing increasing .alpha. and decreasing. theta.$_{d}$, but at the crank angle with the maximal efficiency, CPL is independent of .alpha. and .theta.$_{d}$ with constant value of 200 dB especially at the low frequency. (2) For the constant ignition timing, the effects of .alpha. and .theta.$_{d}$ on CPL were the most significant at the frequency of about 1KHz and 300Hz respectively. (3) For the constant value of .alpha. and .theta.$_{d}$, CPL increases linearly with load but thermal efficiency increase very rapidly with maximum value of load Q$_{T}$=30-40 MJ/Kmol, then starts to decrease slowly. (4) The most effective way of reducing combustion noise without sacrificing thermal efficiency, is to decrease .alpha.. In the case of constant .alpha., there always exists a optimum value of .theta.$_{d}$ with respect to the various compression ratio.o..atio.o..