• Title/Summary/Keyword: SMB

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A Study on Risks and Returns Using A Housing Capital Asset Pricing Model (CAPM): the Case of Three Gangnam Districts Apartment Market in Seoul (주택 자본자산가격결정모형(Capital Asset Pricing Model)을 활용한 위험과 수익 분석: 서울 강남 3개구 아파트시장의 경우)

  • Lee, Jong-Ah;Jeong, Jun-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.2
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    • pp.234-252
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    • 2010
  • This paper examines the tendency of housing assets to become increasingly quasi-financial assets by analyzing the relationships between risks and returns in three Gangnam districts (Gangnam-gu, Seocho-gu and Songpa-gu) apartment markets in Seoul, especially for the apartments to be reconstructed, capitalizing upon some capital asset pricing models (CAPM). A single factor CAPM model shows positive relationships between risks and returns regardless of the types of apartments in three Gangnam districts. Multi-factors CAPM models also confirm that the market and SMB (small minus big) factors are positively related to the rate of returns regardless of the types of apartments. However, the unsystematic risk factor is found to be statistically positive especially for the apartments to be reconstructed, while the momentum factor is dependent upon the regression models used. An analysis on some portfolios classified by the size of apartments and price volatility and/or beta values suggests that there are the positive linear relationships between risks and returns and the SMB factor is clearly found to be significant in determining the rate of returns. In particular, housing assets are highly highlighted as investment goods and/or quasi financial assets for the apartments to be constructed in the Gangnam housing.

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Material and Heat Balances of Bioethanol Production Process by Concentrated Acid Saccharification Process from Lignocellulosic Biomass (목질계 Biomass로부터 강산 당화 공정에 의한 Bioethanol 생산 공정의 물질 및 열수지)

  • Kim, Hee-Young;Lee, Eui-Soo;Kim, Won-Seok;Suh, Dong-Jin;Ahn, Byoung-Sung
    • Clean Technology
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    • v.17 no.2
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    • pp.156-165
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    • 2011
  • The process for bioethanol production from lignocellulosic biomass was studied through process simulation using PRO/II. Process integration was conducted with concentrated acid pretreatment, hydrolysis process, SMB (simulated moving bed chromatography) process and pervaporation process. Energy consumption could be minimized by the heat recovery process. In addition, material and energy balance were calculated based on the results from the simulation and literature data. A net production yield of 4.07 kg-biomass and energy consumption value of 3,572 kcal per 1 kg ethanol were calculated, which is indicating that 26% yield increase and 30% energy saving compared to the bioethanol production process with dilute-acid hydrolysis (SRI report). In order to make it possible, sugar conversion yield of cellulose and hemi-cellulose is to be reached up to 90% and fermentation of xylose needs to be developed. In order to reduce the energy consumption up to 30%, the concentration of acid solution after being separated by 5MB should exceed 20%. If acid/sugar separation by SMB process is to be practical, the bioethanol process designed in this study can be commercially feasible.

ARP spoofing attack and its countermeasures (도메인 네임 스푸핑 공격과 그 대응책)

  • Hong, Sunghyuck
    • Journal of Convergence Society for SMB
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    • v.4 no.1
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    • pp.47-53
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    • 2014
  • DNS spoofing, the DNS server with the address of a specific web server intercepts them in the process of translating the attacker wants to forge a Web server that is a way to access. ARP spoofing ARP request and response messages for the protocol without authentication vorticity incorrect information as to the ARP Cache Table to store the MAC addresses of their vulnerability using the MAC address of the other computer as if it were a lie technique. These DNS / ARP spoofing attacks in detail to find out about how it looks at ways to prevent. Think about the future research directions.

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HW/SW Co-design of a Visual Driver Drowsiness Detection System

  • Yu, Tian;Zhai, Yujia
    • Journal of Convergence Society for SMB
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    • v.4 no.1
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    • pp.31-39
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    • 2014
  • PID auto-tuning controller was designed via fuzzy logic. Typical values such as error and error derivative feedback were changed as heuristic expressions, and they determine PID gain through fuzzy logic and defuzzification process. Fuzzy procedure and PID controller design were considered separately, and they are combined and analyzed. Obtained auto-tuning PID controller by Fuzzy Logic showed the ability for less than 3rd order plant control. We also applied to reference tracking problem with the designed auto-tuning scheme.

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Efficient Customer Reception Policy with QR code (QR코드를 활용한 효율적인 고객 클레임 업무처리청책)

  • Kim, Sung-Dong;Lee, Jong-Kun
    • Journal of Convergence Society for SMB
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    • v.2 no.1
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    • pp.1-9
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    • 2012
  • This work focuses on reducing claims by improving the existing receipt process, and proposed an executable Claims solving method used QR code. We propose a effected claim process methods after introduced claim process based on bar code, RFID. Also, we illustrated proposed claim solving method to M company and verified the useful and effectiveness by a survey.

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TCE제거를 위한 반응층과 고정화층의 결합 실험

  • 조현희;박재우
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2002.09a
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    • pp.67-70
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    • 2002
  • Remediation of groundwater contaminated with chlorinated organics, nitro aromatics, and heavy metals using zero valent iron (ZVI) filings has paid considerable attention in recent years. When the contaminants of high concentration leaked abundantly in subsurface environment, permeable reactive barrier technology using iron filing is taken a long time for the remediation of contaminated groundwater, The problem of contaminant shock is able to be solved using surfactant (hexadecyltrimethylammonium, HDTMA) modified bentonite (SMB) as immobilizing material. Therefore, the purpose of this research was to develop the combined remediation technology using conventional permeable reactive and immobilizing barrier for the enhanced decontamination of chlorinated compounds. Four column experiments were conducted to assess the performance of the mixed reactive materials with Ottawa sand, iron filing, and HDTMA-bentonite for trichloroethylene (TCE) removal under controlled groundwater flow conditions. TCE reduction rates with sand/iron filing/HDTMA-bentonite were highest among four column due to dechlorination of TCE by iron filing and sorption of TCE by SMB.

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Development of Monitoring System for Wind Turbine (풍력발전기 원격모니터링 시스템 구축 및 개발)

  • Cha, Jang-Hyun;Lee, Jeong-Wan;Yoo, Neung-Soo;Nam, Yoon-Su
    • Journal of Industrial Technology
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    • v.26 no.A
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    • pp.63-68
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    • 2006
  • In this paper, remote monitoring system for wind turbine is developed. The developed system consists of data acquisition for wind sensor, and monitoring for site environment. In order to accomplish effective monitoring, the system uses Datasocket, SMB, FTP, Web Server, and G Web Server. Two computer system - one is data acquisition computer using Windows-XP and the other is monitoring computer using UNIX - constraint the distribute system with individual tasks. By using this system, one can perform various monitoring and control tasks in Wind-Turbine application, efficiently.

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Empirical Analysis of User Information Satisfaction in the SMB Environment (중소기업 정보화 도입을 통한 고객만족도에 관한 연구)

  • Chung, Sung-Taek;Jung, Jin-Taek;Joo, Hyung-Kun;Kwon, Joong-Gil
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.59-73
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    • 2008
  • The current research utilized as its target population who are current users of global small to medium sized companies in Korea. The research validated the innovative dimensions by studying the two constructs within the context of the SMB user population. Correlation was found between innovative dimensions retained as components of a Comprehensive Model. It was determined that these four dimensions-Content, Intrinsic Interest, Control, and Timeliness-are significant predictors of user success. The Comprehensive Model was validated, and it is therefore suggested as a basis for further study of user success indicators in the innovative manufacturing enterprise environment.

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Modelling and Development of Control Algorithm of Endoscopy

  • Ma, Weichao;Lee, Sanghyuk
    • Journal of Convergence Society for SMB
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    • v.4 no.2
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    • pp.33-39
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    • 2014
  • In this paper, basic backgrounds about capsule endoscopy are introduced, and the aims and objectives are also illustrated. Methodology and mathematical model for LuGre model were investigated to analyse system characteristics. A nonlinear friction model, the stick-slip motion system based on LuGre friction model was used to simulate the motion of capsule endoscopy inside human body. Under the different situation, LuGre friction model was simulated by Matlab Simulink software. The entire cycle of motion and the influence of parameters towards to velocity are fully simulated.

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