• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.605-613
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• 2020

In unfrictionless markets, one measure of asset pricing is its height of friction. This study develops a three-factor model by loosening the assumptions about stocks without friction, without risk, and perfectly liquid. Friction is used as an indicator of transaction costs to be included in the model as a variable that will reduce individual profits. This approach is used to estimate return, beta and other variable for firms listed on the Indonesian Stock Exchange (IDX). To test the efficacy of friction-adjusted three-factor model, we use intraday data from July 2016 to October 2018. The sample includes all listed firms; intraday data chosen purposively from regular market are sorted by capitalization, which represents each tick size from the biggest to smallest. We run 3,065,835 intraday data of asking price, bid price, and trading price to get proportional quoted half-spread and proportional effective half-spread. We find evidence of adjusted friction on the three-factor model. High/low trading friction will cause a significant/insignificant return difference before and after adjustment. The difference in average beta that reflects market risk is able to explain the existence of trading friction, while the difference between SMB and HML in all observation periods cannot explain returns and the existence of trading friction.

• The Journal of the Korea institute of electronic communication sciences
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• v.8 no.4
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• pp.605-610
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• 2013

A cryptography for enforcing hierarchic groups in a system where hierarchy is represented by a partially ordered set was introduced by Akl et al. But the key generation algorithm of Akl et al. is infeasible when there is a large number of users. To overcome this shortage, in 1985, MacKinnon et al. proposed a paper containing a condition which prevents cooperative attacks and optimizes the assignment. In 2005, Kim et al. proposed the key management systems for using one-way hash function, RSA algorithm, poset dimension and Clifford semigroup in the context of modern cryptography, the key management system using Clifford semigroup of imaginary quadratic non-maximal orders. We, in this paper, show that Kim et al. cryptosystem is insecure in some reasons and propose a revised cryptosystem.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.4 no.3
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• pp.193-198
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• 2003

A rotor dynamic analysis is implemented to confirm the vibration stability of the high speed centrifugal chiller coupled with gear system. As the rotating speed of the centrifugal chiller under investigated is increased up to 17,605 rpm at the pinion rotating part, the bearing instability is getting higher and, furthermore, the rotor-bearing system might experience a few critical speed which lead to system failure due to the excessive vibration. In this study, considering the loading capacity and stability conditions, offset journal bearings are adopted for the pinion rotating system and general cylindrical bearing are used for motor part. From the modal analysis, the system is found to be stable as the synchronous rotating frequency does not come across with any whirl natural frequency and, in addition, the critical damping ratio which shows the damping characteristics of the system are positive over the all operating ranges. From these results the authors confirm the vibration stability of the rotor-bearing system suggested in this study.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.24 no.6
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• pp.605-612
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• 2015

Three dimensional (3D) position determination and motion recognition using a 3D depth sensor camera are applied to a developed penguin-shaped robot, and its validity and closeness are investigated. The robot is equipped with an Asus Xtion Pro Live as a 3D depth camera, and a sound module. Using the skeleton information from the motion recognition data extracted from the camera, the robot is controlled so as to follow the typical three mode-reactions formed by the operator's gestures. In this study, the extraction of skeleton joint information using the 3D depth camera is introduced, and the tracking performance of the operator's motions is explained.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.23 no.7
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• pp.605-616
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• 2013

An important source of noise from railways is rolling noise caused by wheel and rail vibrations induced by acoustic roughness at the wheel-rail contact. In the present paper, characteristics of rail vibration and radiated sound power from concrete slab tracks for domestic high speed train(KTX) is investigated by means of a numerical method. The waveguide finite element and boundary element are combined and applied for this analysis. The concrete slab track is modelled simply with a rail and rail pad regarding the concrete slab as a rigid ground. The wave types which contribute significantly to the rail vibration and radiated noise are identified in terms of the mobility and decay rates. In addition, the effect of the rail pad stiffness on the radiated power is examined for two different rail pad stiffnesses.

• Structural Engineering and Mechanics
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• v.50 no.5
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• pp.605-616
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• 2014

When the periodic cellular structure is loaded or swelling beyond the critical value, the structure may undergo a pattern transformation owing to the local elastic instabilities, thus leading to structural collapse and the structure changing to a new configuration. Based on this deformation-triggered pattern, we have proposed the novel composite gel materials. This designed material is a type of architectural material possessing special mechanical properties. In this study, the mechanical behavior of the composite gel periodic structure with various gel inclusions is studied further through numerical simulations. When pattern transformation occurs, it results in a different elastic relationship compared with the material at untransformed state. Based on the obtained nominal stress versus nominal strain behavior, the Poisson's ratio and corresponding deformed structure patterns, we investigate the performance of designed composite materials and the effects of the uniformly distributed gel inclusions on composite materials. A better understanding of the characteristics of these composite gel materials is a key to develop its potential applications on new soft machines.

• Journal of the Korean Society of Industry Convergence
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• v.26 no.4_2
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• pp.605-613
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• 2023

The multi-axis combined machining technology has enabled combined machining, which was difficult. However, the reality is that manufacturing costs are rising due to expensive equipment and there is a shortage of machine operation engineers. The purpose of this research is to present the optimum cutting conditions for the surface roughness when processing the inner diameter of SUS440C, which is an egg material, using a CNC automatic lathe. As a result of measuring the surface roughness, dry machining was the best at R_a0.481㎛ at a spindle speed of 4,000rpm, a feed rate of 0.05rev/min, and a cutting depth of 0.3mm. In wet machining, the highest value was R_a0.317 at a spindle speed of 2,000 rpm, a feed rate of 0.05 rev/min, and a cutting depth of 0.2 mm. The lower the feed rate, the better surface roughness appears. It was found that the feed rate had more influence than the number of revolutions and depth of cut.

• Journal of Environmental Science International
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• v.12 no.6
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• pp.605-613
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• 2003

In order to make use of the protection effect against wind by the vegetation, it examined whether it should make what vegetation form and arrangement using the 2-dimensional non-hydrostatic model. When the foliage shielding factor increases, it becomes hard to take in protection effect against wind in a residential section. When it makes height of vegetation high, it becomes hard to take in protection effect against wind with height. In the comparison in the case where vegetation high is gradually made low toward wind-stream from a vegetation, and the case of making it low gradually, although former tends to receive the protection effect against wind by the vegetation, attenuation of wind velicity becomes large. In the comparison in the case where foliage shielding factor and distribution of density of leaf are gathered gradually toward wind-stream from a vegetation. It has been understood to evaluate to height the influence that the vegetation multi-layer model by which the heat revenue and expenditure in the direction of the vegetation height is considered is used, and to characterize the vegetation group by the parameter setting.

• The Korean Journal of Applied Statistics
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• v.27 no.4
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• pp.605-617
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• 2014

Small area estimation is a statistical inference method to overcome large variance due to a small sample size allocated in a small area. A shrinkage estimator obtained by minimizing relative error(RE) instead of MSE has been suggested. The estimator takes advantage of good interpretation when the data range is large. A semiparametric estimator is also studied for small area estimation. In this study, we suggest a semiparametric shrinkage small area estimator and compare small area estimators using labor statistics.

• Journal of International Academy of Physical Therapy Research
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• v.4 no.2
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• pp.605-610
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• 2013

The purpose of this study is to examine the changes on lumbar muscle strength in relation to 12-week pilates mat exercise of elderly women. The participants are chosen for 17 people who is an experimental group and 14 people who is an comparison group who except wastage and pilates mat exercise program was gradually intensify applied three times a week, during 12 weeks. The peak torque of flexion was increased(p<.01) and the difference of ratio of agonist to antagonist was decreased(p<.001). The total work of flexion and extension had significant increased(p<.001) at $120^{\circ}/sec$. As a result of all these, it was judged as positive effect for body composition, basal physical fitness and lumbar muscle strength after pilates mat exercise in 12 weeks. These positive effects showed that pilates mat exercise could got conclusions that mitigated the musculoskelctal disorders, slow down the progress of disorders, helped as a functions of physical.