• Title/Summary/Keyword: Main Component

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Oil Price Forecasting : A Markov Switching Approach with Unobserved Component Model

  • Nam, Si-Kyung;Sohn, Young-Woo
    • Management Science and Financial Engineering
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    • v.14 no.2
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    • pp.105-118
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    • 2008
  • There are many debates on the topic of the relationship between oil prices and economic growth. Through the repeated processes of conformations and contractions on the subject, two main issues are developed; one is how to define and drive oil shocks from oil prices, and the other is how to specify an econometric model to reflect the asymmetric relations between oil prices and output growth. The study, thus, introduces the unobserved component model to pick up the oil shocks and a first-order Markov switching model to reflect the asymmetric features. We finally employ unique oil shock variables from the stochastic trend components of oil prices and adapt four lags of the mean growth Markov Switching model. The results indicate that oil shocks exert more impact to recessionary state than expansionary state and the supply-side oil shocks are more persistent and significant than the demand-side shocks.

Classification of International Container Ports by Using Principal Component Analysis and Cluster Analysis (주성분분석 및 군집분석을 이용한 컨테이너항만의 분류)

  • 문성혁;이준구
    • Journal of Korean Port Research
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    • v.13 no.1
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    • pp.11-26
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    • 1999
  • The subject of port efficiency is one of the important issues facing port authorities and policy makers today. A number of studies have been undertaken which compare ports in terms of their efficiency. But any port comparison can only be valid and meaningful if a port’s efficiency is compared with a similar port. The main objective of this paper is to introduce a systematic approach to identifying similar ports based on the technique of principal component analysis and cluster analysis. And it seeks to identify the most important factors underlying the port classification. Lack of awareness of which factors differentiate ports has resulted in an unnecessary collection of data which are of limited use in port classification. This paper has identified five groupings of similar ports within which port comparision can be justifiably made. This approach can be used for any future port comparision.

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S-SHAPED CONNECTED COMPONENT FOR A NONLINEAR DIRICHLET PROBLEM INVOLVING MEAN CURVATURE OPERATOR IN ONE-DIMENSION MINKOWSKI SPACE

  • Ma, Ruyun;Xu, Man
    • Bulletin of the Korean Mathematical Society
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    • v.55 no.6
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    • pp.1891-1908
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    • 2018
  • In this paper, we investigate the existence of an S-shaped connected component in the set of positive solutions of the Dirichlet problem of the one-dimension Minkowski-curvature equation $$\{\(\frac{u^{\prime}}{\sqrt{1-u^{{\prime}2}}}\)^{\prime}+{\lambda}a(x)f(u)=0,\;x{\in}(0,1),\\u(0)=u(1)=0$$, where ${\lambda}$ is a positive parameter, $f{\in}C[0,{\infty})$, $a{\in}C[0,1]$. The proofs of main results are based upon the bifurcation techniques.

Evaluation of Structural Importance Based on Minimal Cut Set Theory (최소절단집합을 이용한 설비의 구조적 중요도 계산법)

  • Kim, Dong-Jin;Kim, Hyung-Chul;Kim, Jin-O
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.58 no.1
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    • pp.27-32
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    • 2009
  • A technical system generally comprise a number of subsystems and components that are interconnected in such a way that the system is able to perform a set of required function. Because of the complex system structure with serial, parallel and bridged connections, some certain subsystems or components are more critical than the others. The main concern of a reliability engineer is to identify potential failures and to prevent these failures from occurring. In order to prevent fatal failures, proper inspections and maintenance actions for each component are required Considering above objectives of reliability engineers and characteristics of a practical system, several practical method for evaluating system and component reliabilities have developed namely Birnbaum's and Fussell & Vesely's measures. However there are several critical weaknesses in traditional calculation process as the target system gets larger. In this paper, a new technique for calculating component's structural importance is proposed and compared to Birnbaum's with representative system examples (serial, parallel. k out of n, and bridge type).

Clarification about Component Mode Synthesis Methods for Substructures with Physical Flexible Interfaces

  • Ohayon, R.;Soize, C.
    • International Journal of Aeronautical and Space Sciences
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    • v.15 no.2
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    • pp.113-122
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    • 2014
  • The objective of the paper is to clarify a methodology based on the use of the existing component mode synthesis methods for the case of two damped substructures which are coupled through a linking viscoelastic flexible substructure and for which the structural modes with free geometrical interface are used for each main substructure. The proposed methodology corresponds to a convenient alternative to the direct use either of the Craig-Bampton method applied to the three substructures (using the fixed geometric interface modes) or of the flexibility residual approaches initiated by MacNeal (using the free geometric interface modes). In opposite to a geometrical interface which is a topological interface on which there is a direct linkage between the degrees of freedom of substructures, we consider a physical flexible interface which exists in certain present technologies and for which the general framework linear viscoelasticity is used and yields a frequency-dependent damping and stiffness matrices of the physical flexible interface.

Design Optimization on End Coupling as a Power Transmission Component for Aluminum Hot Rolling Process (알루미늄 열간 압연공정의 동력 전달용 커플링에 대한 최적화 설계)

  • Lee, Hyun-Seung;Lee, Young-Shin
    • Korean Journal of Computational Design and Engineering
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    • v.17 no.1
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    • pp.1-6
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    • 2012
  • The End Coupling is main component of the aluminum hot roll process. The End Coupling is used for transmission of rotational power with heavy-duty load. Fracture of the End Coupling cause serious economic losses because an End Coupling is a very expensive component and it takes a long time to repair it. Therefore, preventing the destruction of the End Coupling is essential for ensuring a long mechanical life cycle. In this paper, the parametric study on the End Coupling was performed in order to minimize maximum stress under operation loads. To verify the interference of spindle assembly with modified End Coupling, kinematics simulation was performed by applying the various combination type and dynamic boundary condition of the spindle assembly. The interference of optimized model was not occurred during combination process and driving process. As a result of an optimum design for life extension on End Coupling, the maximum stress of modified End Coupling was lower than that of the initial model by 26%.

Redesign a Component of Automotive Propeller Shaft to Improve Productivity (자동차 추진축 부품의 생산성향상을 위한 설계개선)

  • Jung, Won
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.1
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    • pp.157-163
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    • 2009
  • In every aspect of automotive production, quality, productivity and cost are crucial matters. The purpose of this research is to improve the productivity of slip yoke for automotive propeller shaft. This paper presents how to redesign the component that currently manufactured as forged one body type. Attention was focused on not only reducing processing time but insuring durability of the component simultaneously. In Automotive, propeller shaft is the device for transferring power from engine to axle via transmission, and the slip yoke is one of the main parts in the product. Propeller shafts are subject to torsion and shear stress, they thus need to be strong enough to bear the stress.

The Relationship Among the Components of family Resource Management System. (가정자원관리체계 구성요소간의 관계)

  • 최동숙;이정우
    • Journal of Families and Better Life
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    • v.10 no.2
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    • pp.163-178
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    • 1992
  • This study is focused on causual relationship analysis among the components of family resource management system based on a theory of Deacon and Firebaugh. The system of family resource management is consisted for the component of input like on objective resource and level of resource perception, the component of throughput like a behavior pattern of the family resource management, and the component of output like a degree of the family life satisfaction. The instrument for resource perception level, behavior pattern of family resource management and degree of life satisfaction were developed for this study, and main investigation was executed through 1st and 2nd pre-test. The 800 questionnaire were distributed by cluster sampling to the homemakers in Seoul. The final data used in this study were 703, and analyzed by Cronback's coefficient, factor analysis. frequency. percentage, regression analysis and path analysis, and teated with SAS PC+. Consequently , the findings of this study were accepted hypothesis I, II, II, IV.

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A Study on the Improved Design for Automotive Catalytic Converter (자동차용 촉매장치구조의 설계개선에 관한 연구)

  • Park, Y.C.
    • Transactions of the Korean Society of Automotive Engineers
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    • v.3 no.5
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    • pp.135-142
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    • 1995
  • This paper presents the effect of the component performance for mat supported monolithic cordierite ceramic underflow catalytic converters to meet the new stringent durability requirements of the world's. These objectives are met by a conceptional system approach of mat mounting material with stainless steel can(shall), and heatshield(cover), which are related to the mat erosion, a main failure pattern of the mat supported monolithic ceramic catalytic converters. In this paper we study the individual component behavior of mat erosion problem, After studying, we obtain the characterics of the component performance for automotive catalytic converters and the overall understanding of design considerations in catalytic converters.

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Configuration Management System for Rotorcraft Multi-Component Developement (회전익기 다품종부품 개발을 위한 형상관리 체계)

  • Kim, Hyun-Gi;Kim, Hwakbum;Kim, Sungchan
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.20 no.3
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    • pp.35-43
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    • 2012
  • Medium size rotorcraft consist of approximately 5,000 key components. The components must satisfy the target weight and performance requirement through optimization. Therefore a rotorcraft component has approximately 100 times higher unit cost for mass production than the equivalent of an automobile's, along with huge development cost. Configuration management consists of four main parts : configuration identification, configuration control, configuration audit, and data management. In development programme, configuration management is one of the methods to save development cost, and setting a well-structured configuration management system according to the Military Standard is an important factor in success of the programme. The paper proposes a configuration management system suitable for development of various multi-use components development and presents that the configuration management was performed successfully during dual-use component development programme using the established system.