• Transactions of the Korean Society of Mechanical Engineers B
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• v.37 no.7
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• pp.675-682
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• 2013

To verify the effect of inner- and outer-stage gas jets, a shear coaxial injector was designed to analyze the axial velocity profile and breakup phenomenon with an increase in the measurement distance. When the measurement position was increased to Z/d=100, the axial flow showed a fully developed shape due to the momentum transfer, aerodynamic drag effect, and viscous mixing. An inner gas injection, which induces a higher momentum flux ratio near the nozzle, produces the greater shear force on atomization than an outer gas injection. Inner- and Outer-stage gas injection do not affect the mixing between the inner and outer gas flow below Z/d=5. The experiment results showed that the main effect of liquid jet breakup was governed by the gas jet of an inner stage. As the nozzle exit of the outer-stage was located far from the liquid column, shear force and turbulence breaking up of the liquid jets do not fully affect the liquid column. In the case of an inner-stage gas injection momentum flux ratio within 0.84, with the increase in the outer gas momentum flux ratio, the SMD decreases. However, at an inner-stage gas jet momentum flux ratio over 1.38, the SMD shows the similar distribution.

• Journal of the Korea Convergence Society
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• v.6 no.4
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• pp.127-132
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• 2015

This study attempts to empirically investigate if relative momentum strategy is effective in the Korean stock market. The sample of the study is comprised of companies which are traded in both Kospi and Kosdaq stock markets in Korea for the period between 2001~2014. The study observes that the momentum strategy buying past winner stocks and selling past loser stocks is negatively correlated with the value strategy buying value stocks with high book to market ratio and selling glamour stocks with low book to market ratio. And each strategy is alternatively effective from period to period. The study demonstrates that the momentum strategy is effective when both strategies which are negatively correlated are treated as one system by estimating Fama and French's[1] 3 factor regression model.

• Transactions of the Korean Society of Automotive Engineers
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• v.6 no.2
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• pp.178-190
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• 1998

We have developed a planar impact model with a capability of reverse calculation to reconstruct various types of automobile collisions. This topic is the main part of what is referred to as accident reconstruction. The model uses the principle of impulse and momentum, and introduces a restitution coefficient and an impulse ratio at the impact center. Based on the car-to-car collision test results, we present how to estimate the restitution coefficient and the impulse ratio from some impact conditions. To validate the model and improve its reliability in accident analysis, the collision analysis has been performer with the estimated parameters. The analysis and experimental results agree well in the kinetic energy loss and the post-impact velocity.

• Korean Management Science Review
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• v.30 no.3
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• pp.1-16
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• 2013

In this paper, we deal with an enhanced index fund strategy by implementing the exchange trade funds (ETFs) within the context of the Black-Litterman approach. The KOSPI200 index ETF is used to build risk-controlled portfolio that tracks the benchmark index, while the proposed Black-Litterman model mitigates estimation errors in incorporating both active investment views and equilibrium views. First, we construct a Black-Litterman model portfolio with the active market perspective based on the momentum strategy. Then, we update the portfolio with the KOSPI200 index ETF by using the equilibrium return ratio and weighted averages, while devising optimization modeling for improving the information ratio (IR) of the portfolio. Finally, we demonstrate the empirical viability of the proposed enhanced index strategies with KOSPI 200 data.

• Proceedings of the KSME Conference
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• 2002.08a
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• pp.283-286
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• 2002

The mixing of fuel and oxidizer and each mass distribution of unlike split triplet(F-O-O-F) injector for liquid rocket which are known to affect the combustion efficiency significantly, has been investigated using PLLIF technique. Experiment is conducted to investigate the effect of mixture ratio(MiR), momentum ratio(MoR) and impinging angle on mixing efficiency. The mixing efficiency, which is introduced by Rupe, gives the global chracteristic of spray mixing. Experiment far comparison with triplet injector(F-O-F), which has same momentum ratio and impinging angle with split triplet injector is conducted.

• Asia-Pacific Journal of Business
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• v.10 no.3
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• pp.37-51
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• 2019

In this paper, we investigate the performance of anomaly factors in Asia-Pacific Stock market and show the higher Sharpe ratio of the volatility managed smart beta portfolio. The smart beta portfolio combines the benefit of passive strategy and active strategy. However, the smart beta portfolios are seems to be exposed to the risk of anomaly factors from the perspective of traditional financial equilibrium model. Therefore, the smart beta strategy may generate negatively skewed returns unappealing to investors having lower risk tolerance. Our empirical investigations find that the return of the Asia-Pacific region stock market is more volatile than other regions with the lower efficiency ratio. However, the value factor and the momentum factor of Asia-Pacific region both show good performances. More interestingly, we also find that managing the volatility of the momentum factor in Asia-Pacific stock market almost doubles the efficiency ratio.

• Journal of ILASS-Korea
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• v.18 no.1
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• pp.35-43
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• 2013

The empirical correlations for the prediction of breakup length of liquid jet in uniform cross flow are reviewed and classified in this study. The breakup length of liquid jets in cross flow was normally discussed in terms of the distances from the nozzle exit to the column breakup location in the x and y directions, called as column fracture distance and column fracture height, respectively. The empirical correlations for the prediction of column fracture distance can be classified as constant form, momentum flux ratio form, Weber number form and other parameter form, respectively. In addition, the empirical correlations for the prediction of column fracture height can be grouped as momentum flux ratio form, Weber number form and other parameter form, respectively. It can be summarized that the breakup length of liquid jet in a cross flow is a basically function of the liquid to air momentum flux ratio. However, Weber number, liquid-to-air viscosity ratio and density ratio, Reynolds number or Ohnesorge number were incorporated in the empirical correlations depending on the investigators. It is clear that there exist the remarkable discrepancies of predicted values by the existing correlations even though many correlations have the same functional form. The possible reasons for discrepancies can be summarized as the different experimental conditions including jet operating condition and nozzle geometry, measurement and image processing techniques introduced in the experiment, difficulties in defining the breakup location etc. The evaluation of the existing empirical correlations for the prediction of breakup length of liquid jet in a uniform cross flow is required.

• Journal of ILASS-Korea
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• v.11 no.4
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• pp.220-227
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• 2006

Experimental studies has been conducted to investigate the effect of orifice diameter ratio on the mixing characteristics of the split element of doublet and triplet elements. The spray characteristics of non-reacting immiscible liquids have been investigated using a patternator. The local volume fraction is measured by use of mean value of each component. This volume measurement represents the mixing characteristics of the liquid, which affect the overall combustion efficiency. The ratio of the orifice diameter, ranging from 1 to 1.5, and that of the jet-momentum, ranging from 0.5 to 6.0, we used. The jet impinging behavior with use of various ratios exhibits substantially different mixing characteristics. Mixing efficiency is maximized when the jet-momentum ratio is increased; this behavior is particularly prominent when the orifice diameter ratio is greater than unity. The split of the triplet element yields better mixing characteristics and is more effective than that of the doublet element in regard to achieving high combustion efficiency. The optimum mixing factor for the triplet element is found to be 0.75, according to our measurement.

• Proceedings of the Korean Society of Propulsion Engineers Conference
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• 2004.03a
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• pp.228-233
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• 2004

The spray and acoustic characteristics by the self-oscillation of a swirl coaxial injector were experimentally studied. The self-oscillation of a swirl coaxial injector is defined as pressure and flowrate oscillations by a time-delayed feedback between liquid and gas phase and has strong influences on atomization and mixing processes. Hence the occurrence and effect of the self-oscillation are measured using shadow photography technique, acoustic test and PDPA. The occurrence of self-oscillation largely depends on the injection conditions, such as pressure drop of liquid phase and relative momentum ratio. From the experimental results, self-oscillation occurs when the momentum of gas phase is enough large and the smaller the pressure drop of liquid phase is, the better self-oscillation occurs at the same momentum ratio. The self-oscillation is also affected by injector geometries, increasing the recess length results in the expansion of self-oscillation region and the increase of sound pressure level. The self-oscillation of a swirl coaxial injector accompanies a high intensity scream and this scream may provide harmful disturbances to combustion processes. Self-oscillation leads to strong changes in the drop size distribution and smoothly varies the slope of radial SMD distribution.

• International Journal of Computer Science & Network Security
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• v.21 no.3
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• pp.55-59
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• 2021

Generating electromagnetic waves with Orbital Angular Momentum (OAM) properties is a fast-growing research subject in both radio and optics. This paper describes the generation of OAM carrying waves using a circular array of rectangular planar monopole antennas. The proposed design combines simplicity, compactness, and most importantly very wideband of operating frequencies (about 20-160 GHz, bandwidth ratio about 1:8) which makes it suitable for future applications.