• Transactions of the Korean hydrogen and new energy society
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• v.32 no.6
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• pp.618-635
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• 2021

Environmental issues caused by our dependence on fossil fuels have caused our society to move toward new renewable sources of energy and chemicals. In this study, we develop an integrated process that co-produces butene oligomer (i.e., biofuels) and 1,3-butadiene (i.e., monomer for the production of synthetic rubber). To minimize utility consumption, we conduct heat integration. Then, we conduct a range of techno-economic analysis and life-cycle assessment to investigate economic and environmental feasibility of the proposed process.

• Transactions of the Korean hydrogen and new energy society
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• v.34 no.1
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• pp.83-89
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• 2023

In this study, a computer simulation work has been performed for the separation of electronic grade highly pure carbon dioxide more than 7 N purity through a cryogenic distillation process. For the cold utility as a cooling medium for a condenser of the cryogenic distillation column, propylene was utilized as a refrigerant in the vapor-recompression refrigeration cycle. Through this work, it was concluded that the cryogenic distillation column with two stage compression and refrigeration cycle were essential to obtain a highly-pure liquefied CO₂.

• International Journal of Highway Engineering
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• v.11 no.2
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• pp.239-247
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• 2009

Pipe installation following excavation of pavement and underlying-soils induces settlements, cracks and bad roughness near utility cut. This study is to use PMT and LDWT in order to evaluate stiffness and/or degree of compaction of sublayers and backfill in utility cut section because no specially designed efforts for evaluating stiffness condition of the substructures below new pavement after pipe installation are offered at this time. From test results of PMT, comparable stiffness and/or degree of compaction in recompaction process is not obtained comparing to that of the existing sublayers before excavation. Thickness of the new surface layer after pipe installation must be designed thicker than that of the existing surface layer. It is verified that LDWT comparing to PMT is effective only to get stiffness and/or degree of compaction within limited depth from surface of materials, but it is not useful to evaluate stiffness of substructures in full depth in case of utility cut.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.42 no.8
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• pp.707-712
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• 2014

Aircraft fuel indicator is a device to indicate the amount of fuel remained during flight, where accurate and consistent operation of the indicator should be maintained. Previously the Korean Utility Helicopter fuel indicator sporadically displayed abnormal sign by "8888" during flight, jeopardizing flight safety. Inappropriate EMI/EMC performance was detected during trouble shooting process. The cause of the abnormal display was found to be resulted from unstable power induced by electro-magnetic disturbance and CAN communication error. The aircraft fuel indicator design was improved and the design compatibility was verified to avoid abnormal display.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.3 no.4
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• pp.325-332
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• 2002

In the process of designing pareto optimal insurance contract, it is necessary to assume that insurance contract conditions are endogenous to build a model. The expected utility, the non-expected utility and the state-dependent utility function can be applied as a insurance decision making principle. The insurance costs may have the linear, convex, and concave ralationship with the indemnity schedule. However, the sunk cost and fixed cost must be recognized. The deductible which decides whether an insurance contract to be a full or partial insurance contract can exist in the forms of straight deductible or diminishing deductible. Indeciding the level of deductible, the types of the insurance and the risks to be insured should be the deciding factors. Especially for recall insurance, there is relatively high chance that the recalling company being bankrupt. Therefore, the possibility of bankrupcy should be the considering factor in deciding the policy limit. The existence of the incomplete market and uninsurable background risk should be understood as restricting conditions of the pareto-optimal insurance contract.

• Journal of Korean Society for Geospatial Information Science
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• v.10 no.4 s.22
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• pp.51-60
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• 2002

As the use of GIS becomes more widespread, the quality and source of data is becoming more of a concern among users. But accuracy is a component of quality, and the positional accuracy is a component of total accuracy. If only we consider the positional accuracy, simultaneously collecting technology of location and attribute information, whether it be manually, using conventional surveying method, GPS, or remote sensing, is a practical way of insuring that location and attribute information are correctly correlated. This study analyse the positional accuracy from a view-point of user and supplier, which is the considerations that can ensure quality level and continuously maintain the road and underground utility information. The positional accuracy of road and underground utility information are considered as two categories - expected accuracy of data collection procedure, required accuracy of data usage process. And the project manager must consider the cost/benefit view of data generation in order to determine the surveying method.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.14 no.3
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• pp.1204-1227
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• 2020

The tradeoff between energy conservation and traffic balancing is a dilemma problem in Wireless Sensor Networks (WSNs). By analyzing the intrinsic relationship between cluster properties and long distance transmission energy consumption, we characterize three node sets of the cluster as a theoretical foundation to enhance high performance of WSNs, and propose optimal solutions by introducing rendezvous and Mobile Elements (MEs) to optimize energy consumption for prolonging the lifetime of WSNs. First, we exploit an approximate method based on the transmission distance from the different node to an ME to select suboptimal Rendezvous Point (RP) on the trajectory for ME to collect data. Then, we define data transmission routing sequence and model rendezvous planning for the cluster. In order to achieve optimization of energy consumption, we specifically apply the economic theory called Diminishing Marginal Utility Rule (DMUR) and create the utility function with regard to energy to develop an adaptive energy consumption optimization framework to achieve energy efficiency for data collection. At last, Rendezvous Transmission Algorithm (RTA) is proposed to better tradeoff between energy conservation and traffic balancing. Furthermore, via collaborations among multiple MEs, we design Two-Orbit Back-Propagation Algorithm (TOBPA) which concurrently handles load imbalance phenomenon to improve the efficiency of data collection. The simulation results show that our solutions can improve energy efficiency of the whole network and reduce the energy consumption of sensor nodes, which in turn prolong the lifetime of WSNs.

• Environmental and Resource Economics Review
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• v.26 no.4
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• pp.499-517
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• 2017

The purpose of this article is to show profit margin hedging can be an optimal strategy in crude oil purchasing. This study theoretically analyzes profit margin hedging strategy is optimal in crude oil purchasing using expected target utility function and conducts simulations to show if the profit margin hedging is profitable. In addition, this study tests existence of mean reversion of crude oil futures prices to confirm the theory that profit margin hedging is more profitable than other strategies, such as always hedging or buying at expiration with spot price, if futures prices are mean reverting. The simulation results show that the expected utility of profit margin hedging higher than other strategies. Although we cannot find any evidence that crude oil futures prices follow mean reverting process, we can conclude that profit margin hedging can be optimal strategy in crude oil purchasing based on theoretical proof and simulation results.

• Archives of design research
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• v.17 no.3
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• pp.449-460
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• 2004

Various types of the sports utility vehicles become more popular in these days. This phenomenon says the increasing demand of performance oriented vehicles for the various life style It is changing now the rather the simple needs of passenger cars of the past. This popularity is due to not only for the increased leisure time which resulted from the five day working labor policy, but also the development of automotive technology. In addition to a large variety of vehicle and enhanced performance is another reason either. There have been many kind of multi-functional vehicles from the early days of the automotive history, and most of them have been evolved from the $\ulcorner$Jeep$\lrcorner$ which were developed by American makers. And various type of orthodox and crossover vehicles that is combined to many functional aspects for a transportation has been revealed so far. Usually the ambi-tendency has been revealed, in which the crossover vehicle has been become compact, on the other hand the orthodox type of 4-wheel drive vehicles has been become larger for being heavy duty vehicles. And this would be expand widely to more vehicles and brands in the future.

• The Korean Journal of Franchise Management
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• v.7 no.1
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• pp.21-29
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• 2016

Purpose - The primary purpose of this study is to employ effective marketing methods using market segmentation of coffee shops by determining how motivations to visit coffee shops have different impacts on demographic profile of visitors and characteristics of coffee shop visits, so as to draw out a better understanding of customers of coffee market. Research design, data, and methodology - Data were collected using surveys of self-administered questionnaires toward coffee shop users in Daejeon, Korea. A number of samples used in data analysis were 253 excluding unusable responses. The data were analyzed through frequency, reliability, and factor analysis using SPSS 20.0. Factor analysis was conducted through the principal component analysis and varimax rotation method to derive factors of one or more eigen values. In addition, the cluster analysis, multivariate ANOVA, and cross-tab analysis were used for the market segmentation based on the types of motivation for coffee shop visits. The process of the cluster analysis is as follows. Four clusters were derived through hierarchical clustering, and k-means cluster analysis was then carried out using mean value of the four clusters as the initial seed value. Result - The factor analysis delineated four dimensions of motivation to visit coffee shops: ostentation motivation, hedonic motivation, esthetic motivation, utility motivation. The cluster analysis yielded four clusters: utility and esthetic seekers, hedonic seekers, utility seekers, ostentation seekers. In order to further specify the profile of four clusters, each cluster was cross tabulated with socio-demographics and characteristics of coffee shop visits. Four clusters are significantly different from each other by four types of motivations for coffee shop visits. Conclusions - This study has empirically examined the difference in demographic profile of visitors and characteristics of coffee shop visits by motivation to visit coffee shops. There are significant differences according to age, education background, marital status, occupation and monthly income. In addition, coffee shops use pattern characterization in frequency of visits to coffee shops, relationships with companion, purpose of visit, information sources, brand type, average expense per visit, important elements of selection attribute were significantly different depending on motivations for coffee shop visits.