• Journal of Information Processing Systems
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• v.16 no.2
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• pp.318-328
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• 2020

Letter of Credit (L/C) is currently a very popular international settlement method frequently used in international trade processes amongst countries around the globe. Compared with other international settlement methods, however, L/C has some obvious shortcomings. Firstly, it is not easy to use due to the sophisticated processes its usage involves. Secondly, it is sometimes accompanied by a few risks and some uncertainty. Thus, highly efficient methods need to be used to assess and control these risks. To begin with, FAHP and KMV methods are used to resolve the problem of incomplete information associated with L/C and then, on this basis, Bayesian game theory is used in order to make more scientific and reasonable decisions with respect to international trade.

• Proceedings of the Korean Society of Agricultural Engineers Conference
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• 1998.10a
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• pp.376-381
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• 1998

The large scaled field test by prefabricated vertical drains was performed to evaluate the superiority of vertical discharge capacity for drain materials through compare and analyze the time-settlement behavior with drain spacing and the compression index and consolidation coefficient obtained by laboratory experiments and field monitoring system 1. The relation of measurement settlement( $S_{m}$) versus design settlement( $S_{t}$) and measurement consolidation ratio( $U_{m}$) versus design consolidation ratio( $U_{t}$) were shown $S_{m}$=(1.0~l.1) $S_{t}$, $U_{m}$=(1.13~l.17) $U_{t}$, at 1.0m drain spacing and $S_{m}$=(0.7~0.8) $S_{t}$, $U_{m}$=(0.92~0.99) $U_{t}$ at 1.5m drain spacing, respectively. 2. The relation of field compression index( $C_{cfield}$) and virgin compression index( $V_{cclab}$) was shown $C_{cfield}$=(1.0~1.2) $V_{cclab}$, But it was nearly same value when considered the error with determination method of virgin compression index and prediction method of total settlement. 3. field consolidation coefficient was larger than laboratory consolidation coefficient, and the consolidation coefficient ratio( $C_{h}$/ $C_{v}$) were $C_{h}$=(2.4 ~ 3.0) $C_{v}$. $C_{h}$=(3.5 ~ 4.3) $C_{v}$ at 1.0m and 1.5m drain spacing and increased with increasing of drain spacingngasing of drain spacingng spacingng

• Korea Trade Review
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• v.41 no.2
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• pp.231-250
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• 2016

The study attempts to consider L/G(Letter of Guarantee) in a different angle, which is internationally used as a way of commercial customs and practices in a case when the consignee wants to receive the goods without the original Bill of Lading, Thus, this study focuses more on verifying the usage of L/G in Mixed Payment System and the range of guarantee responsibility by an issuing bank through case analysis. This case uses a mixed payment method of L/C(Letter of Credit) and T/T(Telegraphic Transfer) in the transaction of goods. The issuing bank of L/C issues L/G with the amount of L/C which is the same as the amount as C/I(Commercial Invoice). However the carrier deliver all goods laden under both L/C and T/T payment with the production of L/G. In this case, because the buyer is unable to pay, the seller makes a claim for damages to the carrier that the carrier delivers the goods to the buyer against L/G. Finally, the judge gives a decision that the issuing bank of L/G should pay the whole amount of the goods. In this case, the main issue of the dispute is the range of guarantee responsibility by the issuing bank of L/G. As a result of the case analysis, the study suggests two counter strategies for smooth utilization in international trade environment. First, in the case of mixed payment system, a seller should issue a commercial invoice separately based on the amount of each settlement plan in order to clarify the liability of guarantee. Second, banks should establish a new form for L/G including a sentence for verifying liabilities of the bank's side in the current form of L/G.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.10
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• pp.407-416
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• 1997

• The Korean Journal of Malacology
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• v.30 no.4
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• pp.343-351
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• 2014

We determined the effects of neuroactive compounds known as synthetic larval settlement inducers on the settlement of the Pacific oyster C. gigas pediveliger on the larval collector. Six types of the inducers, serotonin (5-HT), ${\gamma}$-amino butyric acid (GABA), L-3,4-dihydroxyphenylalanine (L-DOPA), norepinephrine, epinephrine and methyl bromide (MB) were tested. All the chemicals induced larval settlement, MB being the most effective with settlement rate of $42.7{\pm}2.7%$, followed by GABA ($35.4{\pm}2.0%$), 5-HT ($29.1{\pm}2.2%$), L-DOPA ($19.2{\pm}2.1%$), epinephrine ($15.2{\pm}0.9%$), and norepinephrine ($11.0{\pm}1.2%$). The chemicals ${\gamma}$-amino butyric acid and methyl bromide were also better in terms of settled density on the collector with their respective density of $1.97{\pm}1.42$ and $2.37{\pm}1.86ind/cm^2$, reminiscent of being most effective candidates for a larval settlement inducer in the oyster hatchery.

• The Korean Journal of Malacology
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• v.29 no.2
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• pp.139-146
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• 2013

We determined the effects of neuroactive compounds known as synthetic larval settlement inducers on the settlement of the Pacific oyster C. gigas pediveliger on the larval collector. Six types of the inducers, serotonin (5-HT), ${\gamma}$-amino butyric acid (GABA), L-3,4-dihydroxyphenylalanine (L-DOPA), norepinephrine, epinephrine and methyl bromide (MB) were tested. All the chemicals induced larval settlement, MB being the most effective with settlement rate of $42.7{\pm}2.7%$, followed by GABA ($35.4{\pm}2.0%$), 5-HT ($29.1{\pm}2.2%$), L-DOPA ($19.2{\pm}2.1%$), epinephrine ($15.2{\pm}0.9%$), and norepinephrine ($11.0{\pm}1.2%$). The chemicals ${\gamma}$-amino butyric acid and methyl bromide were also better in terms of settled density on the collector with their respective density of $1.97{\pm}1.42$ and $2.37{\pm}1.86\;ind/cm^2$, reminiscent of being most effective candidates for a larval settlement inducer in the oyster hatchery.

• Journal of the Korean Geotechnical Society
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• v.18 no.4
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• pp.127-135
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• 2002

The accurate evaluation of settlement is important to every steps in the constructions involving soft soils. Relating with those constructions, especially, it has been emphasized recently that the influnce of secondary settlement is important. The ratio of $C_a/C_c$ and the surcharging tests can be applied collaboratively to predicting and reducing secondary consolidation. A series of incremental loading consolidation test and surcharging tests for undisturbed samples of Kunsan clay were performed in this study. As a result of the tests, the ratio of $C_a/C_c$ for the clay was found to be 0.0329. Also, the relationship between void ratio and $t/t_p$ was shown to be linear. Accordingly, the secondary compression index, $C_a for a long term loading had a constant value regardless of time. When the total surcharge ratio was 0.4 and the dissipation ratio of excessive porewater pressure was in the range from 80% to 100%, secondary settlement was effectively reduced for Kunsan clay.

• Journal of the Korean Geotechnical Society
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• v.19 no.5
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• pp.343-354
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• 2003

The scale effect should be considered to determine the bearing capacity and settlement of footings from Plate-Load Test, because of the size difference between a footing and a loading plate. To analyze characteristics of bearing capacity and settlement according to the difference of loading plate sizes, model tests were performed with four different sizes of square plate, which are B=10, 15, 20 and 25cm, on five different kinds of subsoil. Based on the analyzed results, this paper also proposes a method of bearing capacity and settlement determination, where scale effect is considered depending on the mixing ratio of sand and clay. Until now, uneconomic constructions have been conducted because of unreasonable evaluation in estimating bearing capacity and settlement of footings from Plate-Load Test in fields. In the application of the formula proposed in this research to field problems, it is expected that evaluation of bearing capacity and settlement of footings can be more reliable and more economic construction can be achieved.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.30 no.3C
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• pp.167-174
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• 2010

In this study, numerical analysis has been performed to compare the ground movements in a single ground layer and multiple ground layers due to nearby tunnel excavation. The numerical analysis has been conducted in the different ground layer conditions considering different construction conditions (volume loss at excavation face), and the results of the maximum surface settlement and horizontal displacement have been compared considering the ground layer and construction conditions. In addition, the maximum surface settlement from the numerical analysis has been compared with the maximum settlement at tunnel crown considering the ground layer and construction conditions, and the maximum surface settlement has been also compared with the maximum horizontal displacement with the ground layer conditions. Besides, the volume loss($V_L$) at tunnel excavation face has been compared with the total surface settlement volume($V_s$) with the variation of ground layer condition. The results from the numerical analysis have been compared with field measurements and by this comparison it is believed that the numerical results in this study can be utilized practically in analyzing the nearby ground behavior in different ground layer and construction conditions due to tunnel excavation.

• International Commerce and Information Review
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• v.10 no.2
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• pp.283-304
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• 2008

According to globalization and localization of world economics international trade payment method was also changed. A traditional payment was Letter of Credit basis, however it is being increased to various methods such as remittance, documentary collection(D/P, D/A) and open account. In order to acquire a secure export payment, exporters prefer to L/C basis which is guaranteed by a reliable bank. However, the L/C should bear a security so that importers would rather documentary collection than L/C. The reasons for the preference of collection payment rather than L/C are a low commission cost, the conversion of buyer's market from seller's market due to severe competition in the world market, transaction increase between main office and branches and a right to control the goods until executing the payment by exporters. Besides of them, collection payment can handle safer and faster than open account basis. However, the collection payment has a risk which it isn't guaranteed by bank for the payment so that I would suggest countermeasures to minimize the payment risk utilizing the collection basis as follows; using export credit insurance system, a large domestic credit report provider such as D&B for absolutely fresh and new information, a collection proxy service for overseas deferred credit and suggestion specifying to order B/L not straight one on consignee in order to transfer the right of ownership with endorsement without problem.