• 제목/요약/키워드: Expansion efficiency

검색결과 858건 처리시간 0.023초

How Does Intellectual Capital Fuel Non-Interest Incomes in Banks? New Case from an Emerging Country

  • Chi Huu Lu;Thich Van Nguyen
    • Journal of Contemporary Eastern Asia
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    • 제22권1호
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    • pp.1-25
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    • 2023
  • The aim of this study is to answer the straightforward question of whether the implementation of IC has fueled non-interest incomes of banks or not. By utilizing the data of 26 domestic banks in Vietnam and employing the value-added intellectual coefficient model (VAIC) as the measure of IC efficiency, our empirical evidence manifests that IC plays a vital role in fostering non-interest incomes of banks. When dividing VAIC into different components, we find that structure capital employed (SCE) is the most important component to enhance the expansion of these incomes compared with other components including capital employed efficiency (CEE), human capital efficiency (HCE). These findings remain unchanged through some robustness tests performed. While the main driver of IC and SCE, CEE component becomes a substantial advantage to increase non-interest incomes in large banks. Meanwhile, the degree of impact of SCE is higher in small banks compared with large ones. Overall, this study would provide a deep insight into the role of IC in the transformation into non-interest income activities of banks in an emerging country, and therefore our findings would be useful for both scholars and policy-makers in Vietnam, where has undergone the period of major reforms in banking system.

LNG 저장탱크용 KOGAS 멤브레인 개발 (The Development of KOGAS Membrane for LNG Storage Tank)

  • 오병택;김영균;윤인수;서흥석;홍성호
    • 대한기계학회논문집A
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    • 제26권6호
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    • pp.1203-1208
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    • 2002
  • LNG demand has been rapidly increasing in Korea for a variety of reasons including stable supply, non-polluting, and high combustion efficiency characteristics. As a result the construction and expansion of LNG storage facilities have been continuing at a vigorous pace. Korea Gas Corp. (KOGAS) has developed the design technology of the LNG storage tank. One of the most important structural core element of the LNG storage tank is the membrane, made by stainless steel. The membrane to be applied inside of LNG storage tank is provided with corrugations to absorb thermal contraction and expansion caused by LNG temperature. Analytical results have been performed to investigate the strength of the membrane and the reaction farce at the anchor point. Experimental studies are performed to investigate the deformation and strength of the membrane which is designed by Kogas. All experiments are conducted on the basis of RPIS, and we found the results are fully satisfied with the RPIS.

Kogas 멤브레인 성능평가에 관한 연구 (The Study of Kogas Membrane Performance Test for LNG Storage Tank)

  • 김영균;홍성호;윤인수;오병택;서흥석
    • 한국가스학회:학술대회논문집
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    • 한국가스학회 2001년도 추계학술발표회 논문집
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    • pp.16-22
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    • 2001
  • LNG demand has been rapidly increasing in Korea for a variety of reaso including stable supply, non- polluting, and high combustion efficiency characteris As a result the construction and expansion of LNG storage facilities have b continuing at a vigorous pace. One of the most important structural core elemen the LNG storage tank is the membrane, consisting of stainless steel. The memb to be applied inside of LNG storage tank is provided with corrugations to abs thermal contraction and expansion caused by LNG temperature. From the viewp of strength design, however. it is essential to confirm that the membrane undergo a stable deformation and has a sufficient fatigue strength Experim studies are presented to investigate the deformation and strength of the memb which is designed by Kogas. All experiments are conducted on the basis of RP and we found the results is fully satisfied with the RPIS.

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Saudi Aramco's Global Expansion Strategy: Evidence from Korea

  • PARK, Young-Eun
    • 유통과학연구
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    • 제18권5호
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    • pp.71-81
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    • 2020
  • Purpose: This case study illustrates the successful entry of Saudi Aramco in the Korean market and how it grows to become one of the world's largest integrated energy enterprises. Research design, data and methodology: This case investigates diverse secondary sources to examine the entry strategy of Aramco in Korea, such as several interviews including public and anonymous dialogues, periodicals, dispatches (i.e. news articles and magazines), annual reports, industrial reports, and others. Results: The main concern for the international strategic approaching of Saudi Aramco is to enter into Korean market by joint venture with SsangYong Oil (today's S-Oil Corporation) in 1991 and finally, ending by Acquisition of S-Oil in 2015. This acquisition of local No.3 company, S-Oil, in Korea is the successful case in Asian Markets overcoming liability of foreignness. Moreover, Saudi Aramco's global distribution strategy through localization in the Korean market is appropriate given the market conditions, timing, effectiveness, and efficiency by sharing their resources and collaborating. Conclusions: It would be valuable, unique, and real story to analyze global leading company's entry and globalization strategy in overseas market. In addition, this study provides decision-makers with a significant and more strategic implication for the overseas expansion of businesses.

화약제조 공정의 초임계 유체 응용 (Application of Supercritical Fluid in Energetic Materials Processes)

  • 송은석;김화용;김현수;이윤우
    • 한국군사과학기술학회지
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    • 제9권3호
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    • pp.77-87
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    • 2006
  • Micro- or nano-size particles are required to improve the combustion efficiency and stability in the case of solid explosives and propellants. The micro-structural properties of an energetic material strongly influence the combustion and explosion behavior. However, the traditional size reduction techniques, including milling, are not suitable for production of ultra-fine size particles. As an alternative to the traditional techniques, various re-crystallization processes based on supercritical fluids have recently been proposed. Supercritical fluids are fluids at temperatures and pressures above their critical point. In principle, they do not give problems of solvent contamination as they are completely released from the solute when the decompression occurs. Rapid Expansion Supercritical Solutions(RESS) and Supercritical Anti-Solvent Process(GAS/SAS) are representatives of a nano-size particle formation process of energetic materials using supercritical fluids. In this work, various fine particle formation processes using supercritical fluids are discussed and the results are presented.

에어컨시스템에 대한 계층적 공정 경쟁 유전자 알고리즘을 이용한 최적화된 다중 퍼지제어기 설계 (Design of Optimized Multi-Fuzzy Controllers by Hierarchical Fair Competition-based Genetic Algorithms for Air-Conditioning System)

  • 정승현;최정내;김현기;오성권
    • 제어로봇시스템학회논문지
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    • 제13권4호
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    • pp.344-351
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    • 2007
  • In this paper, we propose an approach to design multi-fuzzy controllers for the superheat and the low pressure that have an influence on energy efficiency and stabilization of air conditioning system with multi-evaporators. Air conditioning system with multi-evaporators is composed of compressor, condenser, several evaporators and several expansion valves. It is quite difficult to control the air conditioning system because the change of the refrigerant condition give an impact on the overall air conditioning system. In order to solve the drawback, we design multi-fuzzy controllers which control simultaneously both three expansion valve and one compressor for the superheat and the low pressure of air conditioning system. The proposed multi fuzzy controllers are given as a kinds of controller types such as a simplified fuzzy inference type. Here the scaling factors of each fuzzy controller are efficiently adjusted by Hierarchical Fair Competition-based Genetic Algorithms. The values of performance index of the simulation results of the A company type compare with simulation results of simplified inference type.

친환경 인증 제도를 통한 국내 초고층 주거건축의 친환경성 평가 연구 (A Study on the Environment-friendly Quality Evaluation of High-rise Residential Architecture in Korea by Environment-friendly Certification)

  • 김자경
    • KIEAE Journal
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    • 제8권2호
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    • pp.31-40
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    • 2008
  • As horizontal expansion of a city reaches the uppermost limit, on the ground of perpendicular expansion and efficiency of land use, skyscrapers go on increasing in number. However, skyscrapers which were newly built in Korea have many problems such as consumption of enormous amounts of energy, destruction of natural environment, and traffic jam. And from now on, environment-friendly development of skyscraper is urgently needed. Therefore, in this study, we tried to find the planning elements and estimation indexes to improve the environment-friendly quality of high-rise residential architecture by investigating environment-friendly skyscraper certification in Korea and the other countries. For that reason, we investigated the application ratios of 10 cases in Korea. And the results showed that the application ratios of environment-friendly estimation indexes were lower than 50% and the environment-friendly quality of skyscrapers in Korea was generally low. Therefore, based on these planning elements and estimation indexes, we tried to establish the guideline of improvement direction for environment-friendly development of high-rise residential architecture in Korea.

긴 관통자에 의한 유한박판 및 적층표적재의 관통현상 연구 (On the Penetration Phenomena for Thin and Multi-Layered Finite Thickness Plates by a Long Rod Penetrator)

  • 이창현;홍성인
    • 대한기계학회논문집
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    • 제18권7호
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    • pp.1759-1772
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    • 1994
  • In this study, we re-examined the Tate's modified Bernoulli equation to study penetration phenomena for long rod projectile into single or multi-layered finite thickness plates. We used the force equlibrium equation at mushroomed nose/target interface instead of conventional pressure equation at the stagnation point. In our penetration model, we considered the velocity dependent $R_t$ value for semi-infinite target and considered only the back face effect for finite target. To compensate for $R_t$ value according to target's thickness and back face effect, we used the spherical cavity expansion theory for semi-infinite plate and used the cylindrical cavity expansion theory for finite plate. Also we developed the experimental technique using make screen to measure the penetration duration time at each layered plate. In 3-layered laminated RHA/mild steel/ A1 7039 plate, we observed that spall had occured around the back face of A1 7039 plate by the stress wave interaction. Through the comparison between theoretical and experimental data including Lambert's results, we conform that our study has good confidences.

센터링 홈이 팁 시험법에 미치는 영향에 대한 유한요소해석 (Finite Element Analysis of the Effect of Centering Groove on Tip Test)

  • 강성훈;임용택
    • 대한기계학회논문집A
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    • 제26권7호
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    • pp.1340-1347
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    • 2002
  • Finite element simulations are being widely used to increase the efficiency and effectiveness of design of bulk metal forming processes. In such simulations, proper consideration of friction condition is crucial in obtaining reliable results. For this purpose, tip test based on backward extrusion was proposed recently. In this lest, a cylindrical billet is positioned in a shallow groove of a counter punch for centering purpose and formation of a radial tip is induced on the extruded end of the workpiece. In this study, the effect of centering groove on tip test was investigated. The quantitative ratio of the shear friction factors between the punch and die was numerically determined depending on the shape of centering groove. Also, surface expansion and pressure distribution along the punch and die were considered in order to better understand the reason that friction condition at the punch compared to the one of die was more severe.

The JFNK method for the PWR's transient simulation considering neutronics, thermal hydraulics and mechanics

  • He, Qingming;Zhang, Yijun;Liu, Zhouyu;Cao, Liangzhi;Wu, Hongchun
    • Nuclear Engineering and Technology
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    • 제52권2호
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    • pp.258-270
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    • 2020
  • A new task of using the Jacobian-Free-Newton-Krylov (JFNK) method for the PWR core transient simulations involving neutronics, thermal hydraulics and mechanics is conducted. For the transient scenario of PWR, normally the Picard iteration of the coupled coarse-mesh nodal equations and parallel channel TH equations is performed to get the transient solution. In order to solve the coupled equations faster and more stable, the Newton Krylov (NK) method based on the explicit matrix was studied. However, the NK method is hard to be extended to the cases with more physics phenomenon coupled, thus the JFNK based iteration scheme is developed for the nodal method and parallel-channel TH method. The local gap conductance is sensitive to the gap width and will influence the temperature distribution in the fuel rod significantly. To further consider the local gap conductance during the transient scenario, a 1D mechanics model is coupled into the JFNK scheme to account for the fuel thermal expansion effect. To improve the efficiency, the physics-based precondition and scaling technique are developed for the JFNK iteration. Numerical tests show good convergence behavior of the iterations and demonstrate the influence of the fuel thermal expansion effect during the rod ejection problems.