• Journal of Distribution Science
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• v.12 no.3
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• pp.75-83
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• 2014

Purpose - The oil price affects company value, which is the present value of the expected cash flow, by affecting the discount rate and cash flow. This study examines the nonlinear relationships between oil price and stock price using the AlphaShares Chinese Volatility Index as the threshold. Research design, data, and methodology - Data comprise daily closing values of the Shanghai Stock Exchange Composite Index, Shenzhen Stock Exchange Composite Index, and Hang Seng Index of ChinaWest Texas Intermediate crude oil spot price and AlphaShares Chinese Volatility Index from May 25, 2007 to May 24, 2012. The Threshold Error Correction Model is used. Results - The results demonstrate different relationships between the stock price index and oil price under different investor sentiments; however, the stock price index and oil price could adjust to a long-term equilibrium the long-term causality tests between them were all significant. Conclusions - The relationship between the WTI and HANG SENG Index is more significant than the Shanghai Composites Index and Shenzhen Composite Index, when using the AlphaShares Chinese Volatility Index (ASC-VIX) as the investor sentiment variable and threshold.

• Journal of the Korean Society for Precision Engineering
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• v.15 no.12
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• pp.148-161
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• 1998

We investigate a design methodology for master arm which is employed in remote-site control. Though counter-balancing has been employed for the purpose of lessening the actuator loads, it results in the increase of dynamic load at the task position. Therefore, there exists a trade-off between counter-balancing and dynamic performance. The concept of a composite index is introduced to simultaneously consider those two effects in the design of master arms. Several alternative designs of master arms are suggested.

• Journal of the Korea Institute of Military Science and Technology
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• v.4 no.2
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• pp.9-16
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• 2001

In this paper, general design process for Tracked Fighting Vehicle has been suggested. Stress analysis and optimal design for ply angle of IFV's composite upper hull has been calculated using KMA CIFV and it is contained exploratory development of design process. In this point, this paper applied composite to IFV's upper hull. Finite element mesh has been made using Matlab program, and we have analyzed stress based on the given material properties and ply arrangement. For each load condition, load distribution in plane and failure index are calculated by using Tasi-Hill criterion, which is composite failure criterion and analyzing change of failure index as change of ply angle. Finally, optimal ply angles of upper hull are calculated using KMA CIFV. We can estimate the decrease of weight for IFV's upper hull.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.6 no.3
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• pp.3-8
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• 2007

This study is for aspheric lens that is one of a core technology in the optical industry. The feature of a aspheric lens is not to have the spheric aberration. So in optical industry, aspheric lens are essential element to miniaturization, high effectiveness and light weight. In this study we applied a lay back-tracer method using the index of refraction to design aspheric lens. We developed the automatic design program for aspheric lens by user interfacing program VisualLISP in AutoCAD. And we manufactured aspheric lens and measured it.

• Journal of Institute of Control, Robotics and Systems
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• v.9 no.1
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• pp.63-72
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• 2003

A new 6-DOF parallel haptic device is proposed. Many existing haptic devices require large power due to having floating actuator and also have small workspaces. The proposed new mechanism can generate 6-DOF reflecting force. This device is relatively light by employing non-floating actuators and has large workspace. Kinematic analysis and kinematic optimal design is performed for this mechanism. Dexterous workspace, global isotropic index, and global maximum force transmission ratio are considered as kinematic design indices. To deal with such multi-criteria optimization problem. composite design index is employed. For the given operational specifications, actuator sizing for this mechanism is also carried out.

• Journal of the Korean Society of Safety
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• v.25 no.6
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• pp.186-196
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• 2010

It has been well known that traffic accidents occur under combined functional contributions of drivers, vehicles and road facilities, and that evaluation of safety levels for a specific road section or point is generally much complicated. Additionally, most of traffic accidents occur randomly implicating it is necessary to be evaluated in terms of probability theory. Thus, the evaluation model which reflects various characteristics and probabilistic distributions of traffic accidents has been necessary. The present paper provides a reliability based model with variables of probabilistic operating speeds and design speeds together which have been individually explaining associated characteristics in traffic accidents. Consequently, the model made it possible for speed management and road improvement projects to be evaluated in a common index. Application studies were performed in three cases. Through the studies, couples of facts were identified that the model successfully considered the probabilistic operating speeds and design speeds together and that then, the model evaluated road safety alternatives relatively which are complicatedly characterized and differently located.

• Proceedings of the Korea Society of Design Studies Conference
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• 2005.05a
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• pp.142-143
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• 2005

• Journal of the Optical Society of Korea
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• v.14 no.3
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• pp.277-281
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• 2010

We propose a design and optimization method for a dielectric-loaded surface plasmon polariton waveguide using a genetic algorithm. This structure consists of a polymer ridge on top of two layers of substrate and gold film. The thickness, width and refractive index of the ridge are designed to optimize the figures of merit including mode confinement and propagation length. The modal analysis combined with the effective index method shows that the designed waveguide exhibits a fundamental propagation mode with high mode confinement while ensuring that the propagation loss remains relatively low.

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 1995.10b
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• pp.264-272
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• 1995

This paper presents an efficient design method to realize an associative memory with BSB neural networks by means of the parametrization of the solution space and searching for the optimal solution using an evolution program. In particular, the performance index based on DOA analysis in this paper may make and associative memory implementation to reach on the level of practical success.

• Journal of the Earthquake Engineering Society of Korea
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• v.17 no.5
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• pp.237-243
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• 2013

In the Korean Building Code (KBC), the Design Eccentricity involves the torsional amplification factor (TAF), and the inherent and accidental eccentricities. When a structure of less than 6-stories and assigned to seismic design category C or D is designed using equivalent static analysis method, both KBC-2006 and KBC-2009 use the TAF but apply different calculation methods for the of design eccentricity. The design eccentricity in KBC-2006 is calculated by multiplying the sum of inherent eccentricity and accidental eccentricity at each level by a TAF but that in KBC-2009 is calculated by multiplying only the accidental eccentricity by a TAF. In this paper, the damage indices of a building with planar structural irregularity designed by different design eccentricities are compared and the relationship between the earthquake damage and design eccentricity of the building is evaluated. On the basis of this study, the increment of design eccentricity results in the decrement of final eccentricity and global damage index of structure. It is observed that design eccentricity in KBC-2006 reduces the vulnerability of torsional irregular building compared to design eccentricity in KBC-2009.