• Title/Summary/Keyword: Fixed Quantity Model

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An Empirical Study to Estimate Fisheries Productivity Using a Statistical Application (어업생산성 추정을 위한 통계적 응용에 관한 실증 연구)

  • 김원재
    • The Journal of Fisheries Business Administration
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    • v.23 no.2
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    • pp.91-99
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    • 1992
  • It has been one of the critical issues that the researchers properly evaluate the fishing rights foregone by the coastal development activities like wetland reclamation. Particularly, estimating the productivity of concerned fishing rights is known to play a significant role in their monetary compensation. As a result, this paper attempts to develop a statistical model characterized by Cobb-Douglas production function in conjunction with the fisheries' productivity estimation. The primary hypotheses involving their statistical production function are as below : 1. The quantity of fisheries production is hypothesized to be expressed as a function of capital (K) and labor(L) put into fishing activities. 2. The estimated parameters of K and L are hypothesized to satisfy the conventional condition of production function as a form of Cobb-Douglas. These statistical tests reveal that the shellfish farming productivity heavily depends on the acre of mariculture while the input of labor force also considerably affects its productivity. In case of the fixed net fishing productivity, both the factors of capital and labor similarly affect the marginal change in its productivity. En addition, the productivity of shellfish (arming turns out to follow the increasing returns to scale, whereas that of fixed net fishing comes up with the decreasing returns to scale.

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Assessment of MODIS Leaf Area Index (LAI) Influence on the Penman-Monteith Evapotranspiration Estimation of SLURP Model (MODIS 위성영상으로부터 추출된 엽면적지수(LAI)가 SLURP 모형의 Penman-Monteith 증발산량 추정에 미치는 영향 평가)

  • Ha, Rim;Shin, Hyung-Jin;Hong, Woo-Yong;Kim, Seong-Joon
    • Proceedings of the Korea Water Resources Association Conference
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    • 2008.05a
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    • pp.1087-1091
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    • 2008
  • Evapotranspiration (ET) is an important factor while simulating daily streamflow in hydrological models. The LAI (Leaf Area Index) value reflecting the conditions of vegetation generally affects considerably in the estimation of ET, for example, when using FAO Penman Monteith equation. Recently in evaluating the vegetation condition as a fixed quantity, the remotely sensed LAIs from MODIS satellite data are avaliable, and the time series values of spatial LAI coupled with land use classes are utilized for ET evaluation. The 4 years (2001-2004) MODIS LAI data were prepared for the evaluation of continuous hydrological model, SLURP (Semi-distributed Land Use-based Runoff Processes). The model was applied for simulating the dam inflow of Chungjudam watershed ($6661.58\;km^2$) located in the upstream of Han river basin of South Korea. From the model results, the FAO Penman Monteith ET was affected by the MODIS LAIs. Especially for the ET of deciduous forest, the Total ET was 33.9 % lager than coniferous forest for the 3.8 % lager of LAI. The watershed average LAI caused a 7.0 % decrease in average soil moisture of the watershed and 14.3 % decrease of ground water recharge.

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Factors Determine Exchange Rate Volatility of Somalia

  • Mohamud, Isse Abdikadir
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.4
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    • pp.9-15
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    • 2015
  • The exchange rate is a very important macro variable that has influence on the whole economy and has, therefore, been the topic of many discussions amongst policymakers, academics and other economic agents. The issue of whether to have a fixed, pegged or floating exchange rate regime was highly debated during the 1970s. The purpose of this paper is to investigate what factors determine the exchange rate in Somalia. Quantitative research methodology has been employed to develop regression model using time series data for the period of 12 years. The regression model has been developed based on Quantity theory of money, purchasing power parity and uncovered interest rate parity theory. Somalia is on the countries where the highest exchange rate volatility exists; for example in 2012, the rate jumped 29% percent and two weak later dropped 21%, when Turkish humanitarian aid agencies injected the market a lot of U.S dollar. Based on my study using regression model for time series data of 12 years, the four factors are mainly attributable for the exchange rate volatility of Somalia; these factors include the balance of payment, inflation rate, money supply (mostly come from remittance and NGOs) and Bank profits.

A Breakeven Analysis Using the Excel for an Engineering Project (Excel을 이용한 공학적 투자사업의 손익분기점분석)

  • Kim, Jin-Wook;Lee, Hyun-Ju;Kim, Jin
    • IE interfaces
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    • v.15 no.3
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    • pp.279-285
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    • 2002
  • A break-even analysis is a method used widely for profit planning or decisions in most companies. It is useful tool in financial studies because it is simple and offers useful insights from a modest amount of data. Although it is widely used, it has some weaknesses. It is limited in particular to the analysis for a short term time horizon or one period. We suggest a new break-even procedure to analyze projects with a long term time horizon as keeping the simplicity of a conventional break-even analysis. We will make efforts doing to include actual data for a cost or an income as much as possible rather than developing a mathematical model to improve unreality of a traditional break-even analysis. Also, we will use the spreadsheet software to solve problems.

Economic Selection of Optimum Process Mean for a Mixture Production Process (혼합물 생산공정의 최적 공정평균의 경제적 선정)

  • Lee, Min-Koo
    • Journal of Korean Society for Quality Management
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    • v.33 no.4
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    • pp.111-116
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    • 2005
  • This paper considers the problem of optimally choosing the sub-process means of a mixture production process where two important ingredients are mixed. The quantity of each ingredient is controlled through each corresponding sub-process. The values of the sub-process mean directly affect the defective rate, production, scrap and reprocessing costs for the mixture production process. After inspecting every incoming item, each conforming item is sold in a regular market for a fixed price and any nonconforming item is scraped. A model is constructed on the basis of the selling price, production, inspection, and scrap and reprocessing costs. The goal is to determine the optimum sub-process mean values based on maximizing expected profit function relating selling price and cost components. A method of finding the optimum sub-process means is presented when the quantities of the two ingredients are assumed to be normally distributed with known variances. A numerical example is given and numerical studies are performed.

Vibration Control of Pretwisted Composite Thin-walled Rotating Beam with Non-uniform Cross Section (초기 비틀림각을 갖는 비균일 박판보 블레이드의 진동제어)

  • 임성남;나성수
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.14 no.6
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    • pp.486-494
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    • 2004
  • This paper addresses the dynamic modeling and closed-loop eigenvibration analysis of composite rotating pretwisted fan blade modeled as non-uniform thin-walled beam with bi-convex cross-section fixed at the certain presetting angle and incorporating piezoelectric induced damping capabilities. The blade model incorporates non-classical features such as transverse shear, rotary inertia and includes the centrifugal and Coriolis force field. A velocity feedback control law relating the piezoelectiriccally induced transversal bending moment at the beam tip with the appropriately selected kinematical response quantity is used and the beneficial effects upon the closed loop eigenvibration of the blade are highlighted.

Vibration Control of Rotating Composite Thin-Walled Pretwisted Beam with Non-uniform Cross Section (초기 비틀림각을 갖는 비균일 박판보 블레이드의 진동제어)

  • 임성남;나성수
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2003.11a
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    • pp.944-949
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    • 2003
  • This paper addresses the control of free and dynamic response of composite rotating pretwisted blade modeled as non-uniform thin-walled beam fixed at the certain presetting and pretwisted angle and incorporating piezoelectric induced damping capabilities. A distributed piezoelectric actuator pair is used to suppress the vibrations caused by external disturbances. The blade model incorporates non-uniform features such as transverse shear, secondary warping and includes the centrifugal and Coriolis force field. A velocity feedback control law relating the piezoelectiriccally induced transversal bending moment at the beam tip with the appropriately selected kinematical response quantity is used and the beneficial effects upon the closed loop eigenvibration and dynamic characteristics of the blade are highlighted.

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Effect on Physiological Metabolism of Calcium Ion at Cell Membrane Model of Parathyroid which Irradiated by High Energy X-ray (고에너지 엑스선을 조사한 부갑상선의 세포막모델에서 칼슘이온의 생리학적 대사에 미치는 영향)

  • Ko, In-Ho;Yeo, Jin-Dong
    • Journal of the Korean Society of Radiology
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    • v.16 no.2
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    • pp.141-150
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    • 2022
  • The initial co-transport and counter-transport permeate transport characteristics of calcium ion at epithelial cell membrane model in parathyroid which irradiated by high energy x-ray(linac 6 MV) was investigated. The epithelial cell membrane model used in this experiment was a polysulfonated copolymerized membrane of poly(PS-DVB: polystyrene-divinylbenzene). The difference of sorbed water in membrane, fixed carrier concentration(SO32-), initial pH value, OH- concentration were occurred at difference of Ca2+concentration and quantity of parathyroid hormone, respectively. The initial co-transport and counter-transport permeate flux of Cl-, OH-, Ca2+ on fixed carrier concentration(SO32-) and initial pH value of irradiated membrane was found to be decreased than non-irradiated membrane. The initial co-transport and counter-transport permeate flux of Ca2+ on fixed carrier concentration (SO32-), initial pH value, OH- concentration in irradiated membrane were found to be decreased about 2.68 ~ 6.87 times, about 1.42 ~ 1.63 times, about 2.07 ~ 1.672 times than non-irradiated membrane, respectively. As a result, the quantity of parathyroid hormone was decreased at irradiated membrane than non-irradiated membrane. The decrease of parathyroid hormone was occurred at hypoparathyroidism and osteoporosis, parathyroiditis, and so on. As the parathyroid hormone in epithelial cell membrane model were abnormal, cell damages were appeared at cell.

Sensitivity Analysis of JLSP Inventory Model with Ordering Cost inclusive of a Freight Cost under Trade Credit in a Two-stage Supply Chain

  • Shinn, Seong-Whan
    • International Journal of Advanced Culture Technology
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    • v.8 no.3
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    • pp.300-306
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    • 2020
  • This study analyzes the distributor's inventory model in a two-stage supply chain consisting of the supplier, the distributor and the end customer. The supplier will allow a credit period before the distributor settles the account with him in order to stimulate the demand for the product he produces. It is also assumed that the distributor pays the shipping cost for the order and hence, the distributor's ordering cost consists of a fixed ordering cost and the shipping cost that depend on the order quantity. The availability of the delay in payments from the supplier enables discount of the distributor's selling price from a wider range of the price option in anticipation of increased customer's demand. As a result, the availability of a credit transaction leads to an increase in inventory levels. On the other hand, in the case of deteriorating products in which the utility of the product perish over time, the deterioration rate with time plays a role in reducing inventory levels. In this regard, we analyze the effect of the length of the credit period and the degree of product deterioration on the distributor's inventory level. For the analysis, we formulate the distributor's annual net profit and analyze the effect of the length of credit period and deterioration rate of the product on inventory policy numerically.

A study on an oblique impinging jet (경사충돌분류에 관한 연구)

  • 조용철;김광용;박상규
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.14 no.3
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    • pp.716-724
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    • 1990
  • Oblique impinging plane jets were investigated experimentally and numerically at Reynolds number 21000. The inclination angle was varied from 90.deg.(normal to the impinging plate) to 60.deg.. The distance H between the nozzle exit and the stagnation point on the impinging plate was fixed at H/D=8. The working fluid was air. The mean velocity components and turbulent quantities were measured by a hot-wire anemometer. And the static pressure distributions on the impinging plate were measured by a Pitot tube. In numerical computation, the governing partial differential equations of elliptic type were solved with conventional k-.epsilon. turbulence model. The measurements show that, after impingement, the jet half width alone the wall increases in both directions, and that similarity for each turbulent quantity such as Reynolds shear stress or turbulent kinetic energy is revealed in the wall jet region. The computed results show some deviation from experimental data in the impingement region, where streamline curvature is significant. However, the computed results agree qualitatively well with measurements.