• Title/Summary/Keyword: Optimum Reserves

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Optimum Reserves in Vietnam Based on the Approach of Cost-Benefit for Holding Reserves and Sovereign Risk

  • TRAN, Thinh Vuong;LE, Thao Phan Thi Dieu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.157-165
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    • 2020
  • This paper estimates the optimum level of reserves in Vietnam based on the approach of reserves' cost-benefit and sovereign risk which is one of developing countries' characteristics. The cost of reserves is the opportunity cost when holding reserves. The benefit of reserves is the loss due to country's default in case that there is no reserves to finance external debt payment. The optimum reserves is found out by minimizing the total of opportunity cost and loss due to country's default with the probability of default. Through the usage of HP Filter method for calculating the loss due to country's default, ARDL regression for the risk premium model and lending rate of VND as proxy for opportunity cost together with the Vietnamese economic data in the period of 2005 - 2017, the empirical results show that the optimum reserves in Vietnam is almost higher than the actual reserves during the research period except the point of Q3/2008 and the last point of research period - Q4/2017. Therefore, Vietnam should continue to increase reserves for safety but Vietnam does not need pushing quickly the speed of increasing reserves. In addition, controlling Vietnamese optimum reserves is necessary to help the actual reserves become reasonable.

Engineering properties of expansive clayey soil stabilized with lime and perlite

  • Calik, Umit;Sadoglu, Erol
    • Geomechanics and Engineering
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    • v.6 no.4
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    • pp.403-418
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    • 2014
  • There are around 6700 millions tons of perlite reserves in the world. Although perlite possesses pozzolanic properties, it has not been so far used in soil stabilization. In this study, stabilization with perlite and lime of an expansive clayey soil containing smectite group clay minerals such as montmorillonite and nontronite was investigated experimentally. For this purpose, test mixtures were prepared with 8% of lime (optimum lime ratio of the soil) and without lime by adding 0%, 10%, 20%, 30%, 40% and 50% of perlite. Geotechnical properties such as compaction, Atterberg limits, swelling, unconfined compressive strength of the mixtures and changes of these properties depending on perlite ratio and time were determined. The test results show that stabilization of the soil with combination of perlite and lime improves the geotechnical properties better than those of perlite or lime alone. This experimental study unveils that the mixture containing 30% perlite and 8% lime is the optimum solution in stabilization of the soil with respect to strength.

Reevaluation of the Metabolic Essentiality of the Vitamins - Review -

  • McDowell, L.R.
    • Asian-Australasian Journal of Animal Sciences
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    • v.13 no.1
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    • pp.115-125
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    • 2000
  • In recent years a great deal of information has accumulated for livestock on vitamin. function, metabolism and supplemental needs. The role of the antioxidant "vitamins" (carotenoids, vitamin E and vitamin C) in immunity and health of livestock has been a fruitful area of research. These nutrients play important roles in animal health by inactivating harmful free radicals produced through normal cellular activity and from various stressors. Both in vitro and in vivo studies showed that these antioxidant vitamins generally enhance different aspects of cellular and noncellular immunity. A compromised immune system will result in reduced animal production efficiency through increased susceptibility to diseases, thereby leading to increased animal morbidity and mortality. Vitamin E has been shown to increase performance of feedlot cattle and to increase immune response for ruminant health, including being beneficial for mastitis control. Vitamin E given to finishing cattle at higher than National Research Council (NRC) requirements dramatically maintained the red color (oxymyoglobin) compared with the oxidized metmyoglobin of beef. Under commercial livestock and poultry production conditions, vitamin allowances higher than NRC requirements may be needed to allow optimum performance. Generally, the optimum vitamin supplementation level is the quantity that achieves the best growth rate, feed utilization, health (including immune competency), and provides adequate body reserves.

Stabilization of Meles Delta soils using cement and lime mixtures

  • Onal, Okan;Sariavci, Cagrihan
    • Geomechanics and Engineering
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    • v.19 no.6
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    • pp.543-554
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    • 2019
  • İzmir Bay reserves high amount of residual alluvial deposits generated by Meles River at its stream mouth. These carried sediments with high water content and low bearing capacity are unsuitable in terms of engineering purposes. In-situ soil stabilization with deep soil mixing method is considered to improve properties of soil in this location. This method is widely used especially over Scandinavia, Japan and North America. Basically, the method covers mixing appropriate binder into the soil to improve soil profile according to the engineering needs. For this purpose, soil samples were initially provided from the site, classification tests were performed and optimum ratios of lime and cement binders were determined. Following, specimens representing the in-situ soil conditions were prepared and cured to be able to determine their engineering properties. Unconfined compression tests and vane shear tests were applied to evaluate the stabilization performance of binders on samples with different curing periods. Scanning electron microscope was used to observe time-dependent bonding progress of binders in order to validate the results. Utilization of 4% lime and 4% cement mixture for the long-term performance and 8% lime and 8% cement mixture for short term performance were suggested for the stabilization of Meles Delta soils. Development of CSH and CAH in a gel form as well as CSH crystals were clearly observed on SEM images of treated specimens.

Korean V2G Technology Development for Flexible Response to Variable Renewable Energy (변동성 재생e 유연 대응을 위한 한국형 V2G 기술개발)

  • Son, Chan;Yu, Seung-duck;Lim, You-seok;Park, Ki-jun
    • KEPCO Journal on Electric Power and Energy
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    • v.7 no.2
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    • pp.329-333
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    • 2021
  • V2G (Vehicle to Grid) technology for an EV (Electric Vehicle) has been assumed as so promising in a near future for its useful energy resource concept but still yet to be developed around the world for specific service purposes through various R&BD projects. Basically, V2G returns power stored in vehicle at a cheaper or unused time to the grid at more expensive or highly peaked time, and is accordingly supposed to provide such roles like peak shaving or load levelling according to customer load curve, frequency regulation or ancillary reserves, and balancing power fluctuation to grid from the weather-sensitive renewable sources like wind or solar generations. However, it has recently been debated over its prominent usage as diffusing EVs and the required charging/discharging infrastructure, partially for its addition of EV ownership costs with more frequent charging/discharging events and user inconvenience with a relative long-time participation in the previously engaged V2G program. This study suggests that a Korean DR (Demand Response) service integrated V2G system especially based upon a dynamic charge/pause/discharge scheme newly proposed to ISO/IEC 15118 rev. 2 can deal with these concerns with more profitable business model, while fully making up for the additional component (ex. battery) and service costs. It also indicates that the optimum economic, environmental, and grid impacts can be simulated for this V2G-DR service particularly designed for EV aggregators (V2G service providers) by proposing a specific V2G engagement program for the mediated DR service providers and the distributed EV owners.

Studies on the Grassland Management in Late-Autumn and Early-Spring IV. Effect of application levels of NPK fertilizer in late-autumn on witer survival, early spring growth and yield of grasses (월동전후 초지관리에 관한 연구 IIV. 혼파초지에서 월동전 3요소 시비수준이 목축의 월동과 이른 봄 생육 및 수량에 미치는 영향)

  • Seo, Sung;Han, Young-Choon;Park, Moon-Soo
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.9 no.2
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    • pp.82-87
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    • 1989
  • A field experiment was carried out to determine the effects of 11 different application levels of nitrogen (N), phosphorous ($P_2O_5$) and potassium($K_2O$) fertilizer in late-autumn on the winter survival, early spring growth and dry matter(DM) yield, carbohydrate reserves (CHO-R) in stubble of grasses, and botanical composition in orchardgrass dominated existing pasture in Suwon from October, 1987 to May, 1988. Winter survival of grasses was high (ca. 90%) in all N-fertilized plots, regardless of $P_2O_5$ and $K_2O$ application, and those in zero-N and zero-NPK plots were low as 86.5% and 81.4%, respectively. Early spring growth was vigorous in N-fertilized plots. Heading rate at the fist harvest was 80-86% in all N plots, regardless of $P_2O_5$ and $K_2O$, while those in zero-N and zero-NPK plots were very low as 61% and 56%, respectively. The DM yield of first harvest was higher in the plots of N 35 kg(Site B) and N 70kg $ha^{-1}$ (Site A), regardless of $P_2O_5$ and $K_2O$ level, and those in zero-N and zero-NPK plots were very low (p < 0.05). But no significant difference of yield was observed between N 75 kg and N 105 kg. CHO-R in stubble and legumes were high in zero-N and zero-NPK plots, and low relationship was found between winter survival and CHO-R of grasses. Winter survival, early spring growth and DM yield were significantly influenced by N fertilizer. In this experiment, the optimum application level of N in late-autumn could be recommended in 35-70 kg $ha^{-1}$, and no beneficial effects were observed by $P_2O_5$ and $K_2O$ fertilizer.

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Providing the combined models for groundwater changes using common indicators in GIS (GIS 공통 지표를 활용한 지하수 변화 통합 모델 제공)

  • Samaneh, Hamta;Seo, You Seok
    • Journal of Korea Water Resources Association
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    • v.55 no.3
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    • pp.245-255
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    • 2022
  • Evaluating the qualitative the qualitative process of water resources by using various indicators, as one of the most prevalent methods for optimal managing of water bodies, is necessary for having one regular plan for protection of water quality. In this study, zoning maps were developed on a yearly basis by collecting and reviewing the process, validating, and performing statistical tests on qualitative parameters҆ data of the Iranian aquifers from 1995 to 2020 using Geographic Information System (GIS), and based on Inverse Distance Weighting (IDW), Radial Basic Function (RBF), and Global Polynomial Interpolation (GPI) methods and Kriging and Co-Kriging techniques in three types including simple, ordinary, and universal. Then, minimum uncertainty and zoning error in addition to proximity for ASE and RMSE amount, was selected as the optimum model. Afterwards, the selected model was zoned by using Scholar and Wilcox. General evaluation of groundwater situation of Iran, revealed that 59.70 and 39.86% of the resources are classified into the class of unsuitable for agricultural and drinking purposes, respectively indicating the crisis of groundwater quality in Iran. Finally, for validating the extracted results, spatial changes in water quality were evaluated using the Groundwater Quality Index (GWQI), indicating high sensitivity of aquifers to small quantitative changes in water level in addition to severe shortage of groundwater reserves in Iran.

Studies on the Cutting Managemente of Pasture during the Mid Summer Season I. Effect of cutting management on tall fescue dominated pasture (고온기 초지의 예취관리에 관한 연구 I. 고온기 예취방법이 tall fescue 우점초지의 재생 , 잡초발생 및 수량에 미치는 영향)

  • Seo, S.;Han, Y.C.;Park, M.S.
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.5 no.1
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    • pp.22-32
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    • 1985
  • Optimum pasture management during the summer season is an important factor to maintain good regrowth and persistence of pasture in Korea. This experiment was carried out to investigate the effects of the cutting management on the dead plant, weed appearance, regrowth and carbohydrate reserves in stubble, and dry matter yield of tall fescue dominated pasture during the mid summer season. For the test, a split plot design with 4 replications was treated with 2 different the third cutting times (July 12 and Aug. 4) as the mainplots, and 3 different cutting heights (3, 6 and 9 cm) at the third cut as the subplots, and the experiment was done at the experimental field of the Livestock Experiment Station, in Suweon, 1984. The results obtained are summarized as follows: 1. Considering the meteorological conditions during the experimental period, the temperature was a little higher by $2^{\circ}C$ than that of average year, especially the first and second decade of August were high. And the precipitation of 1984 tended to be low when compared with the average year. 2. Temperature of soil surface and underground tended to increase by $1-3^{\circ}C$ as the stubble height was low during the summer season. 3. Regrowth leaf length and leaf area after the third cut increased significantly with the high cutting height at the third cut. 4. A significant higher total nonstructural carbohydrate (TNC) content in stubble after the third cut was observed in the high stubble cut on July 12. The results indicate that the high stubble height reserves more carbohydrates for early regrowth stage after the third cut when compared with the low stubble. On Aug. 4, however, the recovery of TNC contents after the third cut was not effective due to high temperature and rainfall. 5. The percentage of dead plant after the third cut was found to be high with the low cutting height during the mid summer season (p<0.05). 6. With the low stubble height on July 12 cut, it was appeared that the percentage of weed was significantly increased (p<0.05), and main weeds appeared after the third cut were Echinochloa crusgalli>Digitaria sanguinalis>Cyperus iria>Rumex crispus, and so on. In case of cut on Aug. 4, weed appearance was no difference at three cutting heights. 7. Dry matter yield at the third cut was increased in the plot of cutting on Aug. 4 and stubble height (p<0.05). However, yields at the fourth and fifth cut were increased with high stubble height (p<0.05), regardless of harvest time. 8. In total dry matter yield after the third cut, there was no significant difference between the cutting time and forage yield. However, total yield on July 12 was increased with the high stubble height (p<0.05). 9. From the above results, it is suggested that the 9 cm cutting height during the mid summer season is the most effective for good regrowth, weed control and forage yield of tall fescue dominated pasture.

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