• Proceedings of the KSME Conference
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• 2000.04b
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• pp.459-464
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• 2000

In order to investigate the effectiveness of an orifice system in producing pressure drops and the effect of compressibility on the Pressure drop, computations using the mass-averaged implicit Wavier-Stokes equations were applied to the axisymmetric pipe flows with the operating pressure ratio from 1.5 to 20.0. The standard k-e turbulence model was employed to close the governing equations. Numerical calculations were carried out for some combinations of the multiple orifice configurations. The present CFD data showed that the orifice systems, which have been applied to incompressible flow regime to date, can not be used for the hint operating Pressure ratio flows. The orifice interval did not strongly affect the total pressure drop but the orifice area ratio more than 2.5 led to high pressure drops. The total pressure drop rapidly increased in the range of the operating pressure ratio from 1.5 to 4.0, but it did not depend on the operating pressure ratio over 4.0.

• Journal of Korean Society of Water and Wastewater
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• v.22 no.1
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• pp.49-63
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• 2008

The objectives of this research were to evaluate the pressurized/the main inlet water flowrate ratio which have been used as the most important parameter for operating the pump diffusion mixer until now, to suggest the alternative operating parameter and the relating criteria if the flowrate ratio was not inadequate. For the objectives of this research, computational fluid dynamics (CFD) simulation was conducted for 21 cases of flowrate ratio in full-scaled pump diffusion mixer. From the results of CFD simulation, the local velocity gradient values were calculated in each case in order to analyze the simulation results in more detail. For verifying CFD simulation, wet test was conducted. The wet test was to measure the factual coagulant dispersion distribution at a distance of 5.4m from deflector. From both results of CFD simulation and wet test, flowrate ratio was inadequate as operating parameter or criteria, on the other hand the pressurized/the main inlet velocity ratio(dimensionless) was useful in predicting the performance of pump diffusion mixer. Also, the injected coagulant could be dispersed evenly in overall cross section on the condition that pressurized/the main inlet velocity ratio(dimensionless) is over at least 20.

• Journal of the Korean Chemical Society
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• v.55 no.5
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• pp.824-829
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• 2011

In Fischer-Tropsch Synthesis, because of few reactants ($H_2$, CO), scarce operating parameters affected on efficiency especially the selectivity of products. In this research, effect of operating parameters on the selectivity of Co-Mn-$TiO_2$ Fischer-Tropsch synthesis catalyst were studied by design of experimental procedure and Taguchi method. According to this research, interactions between operating factors have a crucial effect on light products selectivity. Among these interactions, (temperature${\times}$feed ratio) has the main influence on light hydrocarbons selectivity. It was concluded that temperature and feed ratio ($H_2$/CO) were the most integral operating parameters for much greater selectivity of light hydrocarbons.

• Journal of Navigation and Port Research
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• v.39 no.1
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• pp.69-75
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• 2015

The concrete purpose of this study is to suggest actually a debt ratio to optimize the capital structure providing a kind of approach to estimate the proper debt ratio with an analytical model and empirical data in Korean shipping industry. The mathematical and analytical model is started from the first equation about ROE, return of net operating income on equity, with an independent variable, debt ratio. It is constructed with several parameters, ROS(return of operating income on sales), TAT(total assets turnover), and NFCL(net finance cost to liabilities). There could not be a certain relationship between debt ratio and ROS or TAT, while some correlation or causality between debt ratio and NFCL. In other words, most of firms with high debt ratio is likely to burden higher finance cost than others with low one. In this case, there is a linearity relationship between debt ratio and NFCL, so then the second equation considering this relation could be included within the analytical approach of this paper. To be short, if the criteria of adequate debt ratio has to be defined as some level of debt ratio to optimize ROE, the ROE could be illustrated as a quadratic equation to debt ratio from two equations. Next, this research estimated those parameters' numbers through the single regression method with data over 12 years of Korean shipping industry, and identified empirically the fact that optimal debt ratio would be approximately 400%. To conclude, if that industry's sales and operating incomes are stable, the debt ratio could be accepted until twice of 200% had forced in order to guarantee its financial safety in past time.

• 한국연소학회:학술대회논문집
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• 1999.10a
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• pp.129-138
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• 1999

In this paper, our main issue is that establishing the control procedure of continuous gas flow rate according to combustion fan RPM. For this, first, we decide the optimum operating condition of gas swirl burner through analysis of combustion characteristics - thermal efficiency, combustion efficiency and exhaust gases such as CO, $CO_{2}$, $O_{2}$, $NO_{x}$ and THC. Second, fuel gas flow rate of gas valve is decided with considering excess air ratio and combustion fan RPM is decided by the target of combustion air flow rate. Finally, experimental operating equation is acquired by regression for gas valve and combustion fan. This equation is the control equation of continuous gas flow rate and always gas flow rate is decided by combustion fan operating RPM.

• 한국벤처창업학회:학술대회논문집
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• 2006.11a
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• pp.61-85
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• 2006

The Purpose of this study is to prove empirically the relationship between ventures' technology valuation and performance, while considering the uniqueness of Korean firms. We use technology valuation index, marketability valuation index, business valuation index as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology valuation index. Secondly, the growth rate of operating income is different in portfolios classified by technology valuation index. Finally, this study has shown that technology valuation index has possibility which it use the predictive variables of ventures' performances.

• Knowledge Management Research
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• v.4 no.1
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• pp.21-33
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• 2003

The Purpose of this study is to prove empirically the relationship between technology valuation and performance in Ventures, while considering the uniqueness of Korean firms. We use technology score, marketability score, business attractiveness score as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology score. Secondly, the growth rate of operating income is different in portfolios classified by technology score. Finally, this study has shown that technology score has possibility which it use the predictive variables of firm performances.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.11
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• pp.223-234
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• 2021

This study aims to examine whether operating cash flows influence banks' financial stability in Pakistan. The study employed annual panel data collected from annual reports of 20 commercial banks listed on the Pakistan Stock Exchange for the year 2011 to 2019. Free cash flow yield was taken as the dependent variable while cash flow ratio was selected as the independent variable, and net interest margin, income diversification, asset quality, financial leverage, the cost to income ratio, advance net of provisions to total assets ratio, capital ratio, financial performance, breakup value per share and bank size were taken as control variables. The study performed ordinary least square technique, random and fixed effects models, Hausman test, Lagrange multiplier test, descriptive and correlation analysis. Results showed that operating cash flows and net interest margin significantly and positively influenced banks' financial stability while the cost to income ratio and advances net of provisions to total assets ratio significantly and negatively associated with banks' financial stability. To improve financial stability, banks should become more cost-effective and enhance their liquidity levels by lowering lending activities. In the future, it would be useful to compare commercial and investment banks, also Islamic and conventional banks in the same research setting.

• Korea Journal of Hospital Management
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• v.15 no.4
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• pp.43-62
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• 2010

This study provides an evidence on the determinants of the profitability of university hospital by analyzing university hospital-level data set of hospital performance during the year 2007 (32 university hospitals in total). For the study, a multiple regression model is employed in which profitability index obtained from the DEA computations, operating margin to total asset and gross revenue are used as the dependent variables, and a number of hospital operating characteristics are chosen as the independent variables such as ownership type, location, bed size, period of establishment, bed occupancy rate, admission ratio of outpatients, patients per medical specialist, personnel cost per patient, liabilities to total assets, current ratio, fixed ratio, total asset turnover, medical assistance rate and public indicator. First, the results indicate that the bed occupancy rate and liabilities to total assets are positively and significantly associated with operating margin to total asset. Second, number of beds, the bed occupancy rate and number of patients per medical specialist are positively and significantly associated with operating margin to gross revenue. Third, the bed occupancy rate, number of patients per medical specialist, liabilities to total assets, total asset turnover are positively and significantly associated with profitability index revealed from DEA.

• 한국신재생에너지학회:학술대회논문집
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• 2007.11a
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• pp.437-440
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• 2007

Gasification converts coal and other feedstocks into a very clean and usable gas, called syngas, that can be used to produce a wide variety products such as electricity, chemicals, transports fuels, hydrogen production, etc. This paper was studied the gasification performance effects with the variation of the gasification operating parameters such as the feeding amounts of oxygen, steam and coal. When $O_2/coal$ ratio was below 0.8, $H_2$ mole % was increased as increasing $O_2/coal$ ratio. CO mole % was increased when $O_2/coal$ ratio was below 1.2 as increasing the $O_2/coal$ ratio. As increasing steam/coal ratio, $H_2$ mole %was increased and CO mole % was decreased. The $O_2/coal$ and steam/coal ratio was $0.8{\sim}0.9$ and $0.0{\sim}0.4$, respectively, to keep the proper gasification condition that the gasifier temperature was $1300^{\circ}C{\sim}1450^{\circ}C$ and the cold gas efficiency was over 76%.