• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2004.08a
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• pp.45-53
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• 2004

In this paper, an INS compensation algorithm for auto sailing system is proposed, where low cost IMU (Inertial Measurement Unit) is used for measuring the accelerometer data. First, we denote the basic INS algorithm with IMU and show that how to compensate the error of position by using low cost IMU. Second, in considering the ship's characteristic and ocean environments, we consider with a factor as a periodic external disturbance which effects to the exact position. To develop the compensation algorithm, we use a repetitive method to reduce the external environment changes. Lastly, we verify the proposed algorithm by using experiments results.

• Journal of Institute of Control, Robotics and Systems
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• v.9 no.3
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• pp.204-209
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• 2003

The line-of-sight stabilization system is an equipment which is loaded on a vehicle and stabilizes the direction of the line-of-sight of the vision sensor to obtain a not-swayed image in the existence of external disturbances. To obtain accurate Euler angles and angular velocities simultaneously we usually need a control system which uses high-price inertial sensors including Vertical Gyro(VG) or Rate Integrating Gyro(RIG). In this paper, we design and implement a control system of a gimbal, which is a line-of-sight stabilization system using a low-cost mixed algorithm of a rate gyro and an accelerometer instead of a VG and a RIG. In the experiment where we laid the implemented line-of-sight stabilization system on the rate table. we can see the stabilized performance to external disturbances.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.4
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• pp.261-272
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• 2022

This study examined the association between key audit matters (KAM) and the cost of debt. Financial records and auditors' reports were used to collect data for the fiscal years 2016 and 2017, which were the first two years after KAM was implemented in Thailand. Samples are listed companies in Thailand, where the financial system is primarily debt-based and external auditors play an important role in maintaining financial reporting quality. The final samples for the two-year period consist of 770 observations. The KAM is measured in three aspects: the number of issues, the number of words, and the readability, while the cost of debt is measured by the ratio of interest expense to total debt. The research finds that the KAM readability is significantly and negatively related to the cost of debt. Meanwhile, the number of issues and words have no significant effect on the cost of debt. The finding suggests that auditors' writing skills play a crucial role in the lending decisions of creditors.

• New & Renewable Energy
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• v.20 no.1
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• pp.26-37
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• 2024

Renewable energy sources play a key role in achieving carbon neutrality and zero net emissions in the power generation sector. Various efforts have been made to support the deployment of renewable energy, particularly solar photovoltaic and wind power, including policies to internalize the external cost of carbon emissions. In this study, we conducted a financial analysis of a 800 MW floating photovoltaic system and compared it with ground solar power generation. Additionally, we conducted a cost-benefit analysis that included the social cost of carbon. The findings showed that the floating photovoltaic project can meet the profitability target through an appropriately designed internalization of the social cost of carbon.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 2006.04a
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• pp.241-242
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• 2006

• Journal of Korea Trade
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• v.23 no.3
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• pp.84-104
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• 2019

Purpose - This paper explains why free trade agreements (FTAs) are more popular than customs unions (CUs) in respect of tariff coordination. Design/methodology - This paper employs an equilibrium theory of trade agreements with tariff coordination. I set up three-country partial equilibrium model with competing exporters. Domestic and exporting firms decide their optimal production under given tariffs and each country levies its tariff under the trade agreements. I found stability of implicit tariff coordination and preference of each country between an FTA and a CU. Findings - I demonstrate that two FTA members can keep their external tariffs higher than separately decided external tariffs by keeping the status-quo. This implicit tariff coordination can benefit each member through trade diversion. In a CU, each member country must have a common optimal external tariff and it must incur costs because each country may seek different external tariffs for their own national welfare. The benefit of implicit coordination in an FTA and the cost of explicit coordination in a CU account for the popularity of the FTA. Originality/value - This paper uses the idea of implicit tariff coordination in trade agreements. In a CU, tariff coordination is explicit and mandatory. All member countries must have a single common external tariff for each good. On the other hand, in an FTA, each country establishes its external tariff with the goal of maximizing its own welfare. However, each country can also coordinate "implicitly" by keeping the status-quo after establishing an FTA.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.43
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• pp.99-107
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• 1997

We consider a multiechelon repairable-item inventory system where several bases are supported by a central depot and the external repair facilities. Unlike METRIC- based models, there are only a finite number of repair channels at each base, central depot and the external repair facilities. It is desired to find repair capacities and spares level which together guarantee a specified service level at minimum cost. Closed queueing network theory is used to model the stochastic process. The purpose of this paper is to derive the steady-state distributions of this system.

• Journal of Construction Engineering and Project Management
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• v.8 no.2
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• pp.17-33
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• 2018

This study investigates the stability of professionals' cost variability factor-rankings across different levels of cost-variability and response scenarios. Descriptive statistics are used to examine the stability of factor-ranking for 20 cost variability factors and a Multinomial Logistic (MNL) regression model was implemented to examine the stability of cost variability factors across three cost variability levels. The finding on the descriptive statistics indicated that professionals' factors-rankings are stable only for external factors. The MNL regression results on factor-stability suggested that 8 out of the 20 evaluated factors were unstable determinant of lower cost variability levels. These factors are "risk associated with the project", "personal bias and poor professionalism of the estimators", "limited time available to complete the project", "lack of skills and experience by estimator" "geographical location of projects", "incomplete & rush designs for estimate", "unforeseen or unexpected site constraints", "high class bidders for the contractors". Similarly lack of experience and large size projects were observed to be unstable as well. These observations suggest that professionals' view on pre-tender cost variability factor-ranking yields unstable factor rankings hence should not be relied upon as the only mechanisms to mitigate cost related risks in construction projects.

• Korean Institute of Interior Design Journal
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• v.21 no.4
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• pp.114-120
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• 2012

There are lots of buildings which were built before the Legislation on building energy rating system. Remodeling of the buildings would be required for an improvement of the building energy rating system was enforced by the government. In the Passive Building Design, Elements which will be used for the remodeling are Insulation, Window, External venetian blind, Heat exchanger. The Purpose of this study is to indicate a Method for the improvement of Energy saving by an analysis of Construction Cost, Cost Evaluation, Energy performance Efficiency in applied design elements. In this study, the remodeling of existing public buildings to improve energy efficiency rating was applied to extract the elements of design-specific energy performance, efficiency, and the application of the designs that has been analyzed. The results were as follows: applying the design-specific cost-effective investment that represents the economy (investment efficiency/%) surveyed the average insulation(7.0%), triple glazed windows(10.1%), double glazed windows(12.1%), external shading(24.5%), and Heat(77.2%) were analyzed in order to be more efficient. Analysis of the basis of information on the existing public buildings to improve energy efficiency rating for the remodeling depending on driving conditions at a degree of individual difference. The main effect, however, depending on economic investment, design elements, heat exchangers, external awning, double glazed windows, triple glazed windows, insulation, is recommended as review of the order shall be determined.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.2
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• pp.548-553
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• 2013

EHPS(Electro-Hydraulic Power Steering) is a system to generate the steering operation force from the electric motor connected directly to the oil pump. To optimize the manufacturing cost and efficiency of the performance of the steering system is very important. Until now, the development of the hydraulic system is implemented by the field test which needs a significant time and cost. In this paper, flow measurement of an external gear pump is performed. Then using the experimental results, an approximate model expressed by flow rate characteristics is proposed to calculate the discharge flow rate. Proposed approximate model is verified by comparing with the experimental data and AMESim results. As the experimental data and AMESim results agree well, the approximate model data can be used as an alternative to highly cost experimental procedure.