Since 2008, China's shipping industry has been in a slump, with shipbuilding orders falling sharply, and high-growth excess capacity has become increasingly apparent, leaving many firms with sharply reduced orders at risk of bankruptcy and shutdown. To ensure the development of the shipbuilding industry and enhance the international competitiveness of the shipbuilding industry, it is necessary to analyze the present situation of the shipbuilding industry and the financial situation of the shipbuilding enterprises. And analyzing the problems faced by enterprises from the perspective of capital structure is very meaningful to the shipbuilders with high capital operation. We are trying to analyze the determinants of capital structure of China's shipbuilding listed companies. 30 listed Chinese shipbuilding and listed companies have been designated as sample companies that can obtain financial statements for 13 consecutive years. They also divided 30 sample companies into shipbuilding, shipbuilding-related manufacturing, and shipbuilding-related transportation. Dependent variable is the debt level of the year, independent variable includes the debt level of the previous year, fixed asset ratio, profitability ratio, depreciation cost ratio and asset size. The regression model of the panel used to analyze determinants is capital structure. The results of the empirical analysis are as follows. First, a fixed-effect model for the entire entity showed that the debt-to-equity ratio and the size of the asset in the previous period had a positive effect on the debt-to-equity ratio in the current period. Second, the impact of the profitability ratio on the debt level in the prior term also supports the capital procurement ranking theory rather than the static counter-conflict theory. Third, it was shown that the ratio of the depreciation of the prior term, which replaces the non-liability tax effect, affects the debt-to-equity ratio in the current period.
This study aims to determine the necessity, role, utilization, and operation and management plan in relation to the underwater space platform where humans can newly reside. It provides a comprehensive opinion on the need for creating undersea space and operation plans based on opinions of industry-university-affiliated organizations involved in the R&D project of the Ministry of Maritime Affairs and Fisheries for the utilization of undersea space and external experts participating in marine technology development. In this study, a survey was conducted on researchers participating in the construction of a Korean submarine space platform. FGI was conducted on marine technology development experts. Results were then derived. As a result of the analysis, the need for subsea space construction was found to be high. As for the role of subsea space, the most common opinion was to develop technology for utilizing subsea space and to secure marine science research functions. It was found that the creation of subsea space would have a positive impact on the domestic industry, especially the deep-sea development industry and the shipbuilding/offshore structure industry. In terms of utilization, after the end of the seabed space test bed, the response to utilization as a marine observation base and marine ecosystem research had the highest proportion. As for expected inconvenience, discomfort in the psychological environment was the highest. Experts suggest that securing a continuous budget is most important for stable operation in the future and that securing a manpower budget is essential for itemized budgets. In addition, it was judged that it would be appropriate to establish a prior agreement from the time of the prior agreement and prepare a countermeasure before proceeding with the project in order to ensure ownership issues, consignment management issues, and cost issues when using the project after the end of the project.
Journal of Korean Society of Coastal and Ocean Engineers
/
v.17
no.3
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pp.149-157
/
2005
Typical water quality (WQ) parameters defined in the governing equation of the WQ model are the pollutant loads from atmosphere and watersheds, pollutant release rates from sediment, diffusion coefficient and reaction coefficient etc. The direct measurement of these parameters is very difficult as well as requires high cost. In this study, the pollutant budget equation including these parameters was used to construct the linear simultaneous equations. Based on these equations, the inverse problems were constructed and WQ parameter estimation method minimizing the sum of squared errors between the computed and observed amounts of the mass changes was suggested. WQ parameters, i.e., the atmospheric pollutant loads, sediment release rates, diffusion coefficients and reaction coefficient, were estimated using .this method by utilizing the vertical concentration profile data which has been observed in Cheonsu Bay and Ulsan Port. Values of the estimated parameters show a large temporal variation. However, this technique is persuasive in that the RHS (root mean square) error was less than $5.0\%$ of the observed value ranges and the agreement index was greater than 0.95.
Journal of the Institute of Electronics and Information Engineers
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v.53
no.8
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pp.66-75
/
2016
Due to aggressive scaling of device sizes and reduced noise margins, physical defects caused by aging and process variation are continuously increasing. Additionally, with scaling limitation of metal wire and the increasing of communication volume, fault tolerant method in manycore network-on-chip (NoC) has been actively researched. However, there are few researches investigating reliability in NoC with voltage-frequency-island (VFI) regime. In this paper, we propose a table-based routing technique that can communicate, even if link failures occur in the VFI NoC. The output port is alternatively selected between best and the detour routing path in order to improve reliability with minimized hardware cost. Experimental results show that the proposed method achieves full coverage within 1% faulty links. Compared to $d^2$-LBDR that also considers a routing method for searching a detour path in real time, the proposed method, on average, produces 0.8% savings in execution time and 15.9% savings in energy consumption.
Kim, Bong-Su;Byun, Woo-Jin;Kim, Kwang-Seon;Eun, Ki-Chan;Song, Myung-Sun
The Journal of Korean Institute of Electromagnetic Engineering and Science
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v.17
no.10
s.113
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pp.967-975
/
2006
In this paper, design and implementation of a very compact and cost effective front-end module are presented for IEEE 802.16 FWA(fixed Wireless Access) in the 40 GHz band. A multi-layer LTCC(Low Temperature Co-fred Ceramic) technology with cavity process to achieve excellent electrical performances is used to fabricate the front-end module. The wirebond matching circuit design of switch input/output port and waveguide transition to connect antenna are optimally designed to keep transmission loss low. To reduce the size of the front-end module, the dielectric waveguide filter is developed instead of the metal waveguide filter. The LTCC is composed of 6 layers(with the thickness of a layer of 100 um) having a relative dielectric constant of 7.1. The front-end module is implemented in a volume of $30{\times}7{\times}0.8mm^3$ and shows an overall insertion loss < 5.3 dB, and image rejection value > 49 dB.
Journal of the Korean Society of Marine Environment & Safety
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v.22
no.2
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pp.153-159
/
2016
Gwangyang traffic safety designated area is composed of 3 fairways (Deep water fairway, inbound fairway, and outbound fairway). However, inbound vessels can't use this passage because of Samyeo rock and artificial fishing banks in inbound route. The problem with the rocks and artificial fishing banks has been raised by ship navigators and authorities of the port. This research is about the safety evaluation and management plan of the passage, and we conducted maritime traffic simulation using a model based on a ship operator risks. As a result, assuming that future marine traffic volume is the same as the present, and if the ship operators use 3 fairways and not two, it showed risk reduction of 46.4 % (vessels over 50,000 DWT using DW route) and 57.1 % (vessels over 10,000 DWT using DW route). Also, in a traffic volume condition which is the same as the present, to induce vessels over 50,000 DWT to use DW route is effective in mitigating of risks. Meanwhile, in a condition which increased the traffic volume by 150 %, it is more effective to induce vessels to use DW route. This research is the result of analysis using the model based on ship operator risks, and not cost-effectiveness analysis on the removal of Samyeo rock and artifical fishing banks. This research is expected to be used on setting up the sea route and management plan (particularly, restriction on passing DW route).
Journal of the Institute of Electronics Engineers of Korea SD
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v.47
no.1
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pp.28-37
/
2010
In this paper, the IC (Integrated Circuit) for multi-channel asynchronous communication was designed by using FPGA and VHDL language. The existing chips for asynchronous communication that has been used commercially are composed of one to two channels. Therefore, when communication system with two channels or more is made, the cost becomes high and it becomes complicated for communication system to be realized and also has very little buffer, load that is placed into Microprocessor increases heavily in case of high speed communication or transmission of high-capacity data. The designed IC was improved the function and performance of communication system and reduced costs by designing 8 asynchronous communication channels with only one IC, and it has the size of transmitter/receiver buffer with 256 bytes respectively and consequently high speed communication became possible. To detect errors between communications, it was designed with digital filter and check-sum logic and channel MUX logic so that the malfunction can be prevented and errors can be detected more easily and input/output port regarding each communication channel can be used flexibly and consequently the reliability of system was improved. It was composed and simulated logic of VHDL described by using Cyclone II Series EP2C35F672C8 and QuartusII V8.1 of ALTERA company. In order to show the performance of designed IC, the test was conducted successfully in QuartusII simulation and experiment and the excellency was compared with TL16C550A of TI (Texas Instrument) company and ATmegal28 general-purpose micro controller of ATMEL company that are used widely as chips for asynchronous communication.
Aging and severe environments are major causes of damage in reinforced concrete (RC) structures such as buildings and bridges. Deterioration such as concrete cracks, corrosion of steel, and deformation of structural members can significantly degrade the structural performance and safety. Therefore, effective and easy-to-use methods are desired for repairing and strengthening such concrete structures. Various methods for strengthening and rehabilitation of RC structures have been developed in the past several decades. Recently, FRP composite materials have emerged as a cost-effective alternative to the conventional materials for repairing, strengthening, and retrofitting deteriorating/deficient concrete structures, by externally bonding FRP laminates to concrete structural members. The main purpose of this study is to investigate the effectiveness of adaptive neuro-fuzzy inference system (ANFIS) in predicting behavior of circular type concrete column retrofitted with FRP. To construct training and testing dataset, experiment results for the specimens which have different retrofit profile are used. Retrofit ratio, strength of existing concrete, thickness, number of layer, stiffness, ultimate strength of fiber and size of specimens are selected as input parameters to predict strength, strain, and stiffness of post-yielding modulus. These proposed ANFIS models show reliable increased accuracy in predicting constitutive properties of concrete retrofitted by FRP, compared to the constitutive models suggested by other researchers.
The purpose of this study was to develop a home health care model in the public health system and to test the effectiveness of the model. Seven com-munity health practitioners in Yon- Cheon county. Kyunggi province, carried out home health care service for this research. The subjects of the home health care were a total of 111 community residents with chronic health problems and risk-prone infants and children; 29 persons with hypertension, 18 persons with diabetes, 12 persons with neurologic problems, 12 elderly, and 40 infants and children. During the period of study, from December, 1993 to March, 1995, a demonstrative home health care model was developed in the Yon-Cheon County community health centers with the cooperation of the Yon-Cheon Medical Center and Yon-Cheon Public Health Center for the first six months. A home care practice manual and recording system for home visits were also co-developed by the researchers and community health practitioners. Four workshops and monthly conferences were held for this purpose. Actual home care practice took place for two months, and on-going evaluation and replanning accompanied this process. The result of the evaluation of home care service were as follows. 1) For persons with hypertension, diabetes, neurologic problems, there was significant improvement in knowledge of disease and care, but no significant difference was seen in health behavior or symptoms after home care service. 2) No significant difference was seen in level of self esteem or depression after reminiscence therapy among 12 elderly subjects. 3) There were significant differences in satis-faction toward child rearing and parental sup-port, but no significant difference In education needs for parental role after home care service among parents of infants and children. 4) There was significant improvement in the quality of life among the subjects after the home care service. 5) Subjects responded that they were highly satisfied with the home care service given by the community health practitioners. Although, the actual implementation period was very short, and not all of the evaluation outcomes showed significant improvement, the home health care model of community health practitioners was, in general, positively evaluated. Through this re-search, the possibility of community health practitioners working as active home care personnel in the public health care system is supported. Further research with an expanded area and subjects for a longer period is recommended. Cost effectiveness research is also needed.
The Journal of Korean Institute of Communications and Information Sciences
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v.32
no.2B
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pp.100-107
/
2007
Recently, a study of BcN(Broadband convergence Network) is progressing continuously, and it is important to improve the quality of the service according to subscribers because a scale of network is about to be larger. It is more important to manage QoS(Quality of Service) of all subscribers in layer 2 than layer 3 network since managing it in layer 3 network cost both additional processes and large hardware. Moreover, QoS based on Best-Effort service has been developed because tots of subscribers should use limited resource in BcN. However, they want to be supplied with different service even though they pay more charge. Therefore, it is essential to assign the different bandwidth to subscribers depending on their level of charge. The method of current Rate Limiter limits the bandwidth of each port that does not offer fair service to subscribers. The Rate Limiter proposed in this paper limits bandwidth according to each subscriber. Therefore, subscribers can get fair service regardless of switch structure. This new Rate Limiter controls the bandwidth of subscribers according to the information of learning subscriber and manages maximum performance of Ethernet switch and QoS.
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