• International Journal of Highway Engineering
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• v.16 no.1
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• pp.75-89
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• 2014

PURPOSES : This study evaluates the economic value of national highway construction projects using Real Option Pricing Models. METHODS : We identified the option premium for uncertainties associated with flexibilities according to the future's change in national highway construction projects. In order to evaluate value of future's underlying asset, we calculated the volatility of the unit price per year for benefit estimation such as VOTS, VOCS, VICS, VOPCS and VONCS that the "Transportation Facility Investment Evaluation Guidelines" presented. RESULTS : We evaluated the option premium of underlying asset through a case study of the actual national highway construction projects using ROPM. And in order to predict the changes in the option value of the future's underlying asset, we evaluated the changes of option premium for future's uncertainties by the defer of the start of construction work, the contract of project scale, and the abandon of project during pre-land compensation stages that were occurred frequently in the highway construction projects. Finally we analyzed the sensitivity of the underlying asset using volatility, risk free rate and expiration date of option. CONCLUSIONS : We concluded that a highway construction project has economic value even though static NPV had a negative(-) value because of the sum of the existing static NPV and the option premium for the future's uncertainties associated with flexibilities.

• Nuclear Engineering and Technology
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• v.49 no.6
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• pp.1310-1317
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• 2017

GASFLOW-MPI is a widely used scalable computational fluid dynamics numerical tool to simulate the fluid turbulence behavior, combustion dynamics, and other related thermal-hydraulic phenomena in nuclear power plant containment. An efficient scalable linear solver for the large-scale pressure equation is one of the key issues to ensure the computational efficiency of GASFLOW-MPI. Several advanced Krylov subspace methods and scalable preconditioning methods are compared and analyzed to improve the computational performance. With the help of the powerful computational capability, the large eddy simulation turbulent model is used to resolve more detailed turbulent behaviors. A backward-facing step flow is performed to study the free shear layer, the recirculation region, and the boundary layer, which is widespread in many scientific and engineering applications. Numerical results are compared with the experimental data in the literature and the direct numerical simulation results by GASFLOW-MPI. Both time-averaged velocity profile and turbulent intensity are well consistent with the experimental data and direct numerical simulation result. Furthermore, the frequency spectrum is presented and a -5/3 energy decay is observed for a wide range of frequencies, satisfying the turbulent energy spectrum theory. Parallel scaling tests are also implemented on the KIT/IKET cluster and a linear scaling is realized for GASFLOW-MPI.

• International Journal of Industrial Entomology and Biomaterials
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• v.32 no.2
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• pp.49-53
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• 2016

Bone morphogenetic proteins (BMPs) are essential growth factors for bone formation, skeletal development and bone regeneration. The BMP-2/7 heterodimer is known to have remarkable effects on osteogenic induction that are even stronger than the BMP-2 or BMP-7 homodimers. We designed a recombinant human BMP-2/7 (rhBMP-2/7) heterodimer protein with four glycine residues between BMP-2 and BMP-7 protein to facilitate free bond rotation of domains. The Baculovirus Expression Vector System (BEVS) is routinely used to produce recombinant proteins in the milligram scale. In this study, the BEVS was used to express the rhBMP-2/7 protein whrer the recombinant baculovirus was recovered in the host Sf9 cells. To confirm the biological activity of rhBMP-2/7 protein secreted from the BEVS as an osteogenic differentiation and induction factor, we measured the BMP-induced ALP activity. rhBMP-2/7 could be used as an alternative to BMPs to overcome limitations like short half-life and requirement for high concentrations. Furthermore, rhBMP-2/7 may be an efficient tool for various application studies such as bone regeneration and skeletal development.

• Proceedings of the Korean Society for Technology of Plasticity Conference
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• 2005.05a
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• pp.245-248
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• 2005

This paper is concerned with manufacturing technology of thin foil tensile specimen using CIP(Cold Isostatic Press) and measurement of precision mechanical property. This thin foil tensile specimen manufacturing technology is a method that can make a metal thin foil specimen for micro tensile testing. We can get a burr free micro metallic thin foil specimen using this technology. For testing mechanical property of this micro thin foil, we use a nano scale material testing machine that was developed by KITECH. In this paper, micro tensile specimens of nickel and copper thin foil are fabricated with CIP and precision mechanical properties of these materials could be measured. We will expect that precision mechanical property of micro/nano material and component. Micro and Nano mechanical property can be measured using this technology and mechanical property data base of micro/nano material and component can be constructed.

• Proceedings of the Korean Vacuum Society Conference
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• 2010.02a
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• pp.12-12
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• 2010

By using scanning tunneling microscopy/spectroscopy (STM/S), we can make images of various physical properties in nanometer-scale spatial resolutions. Here, I demonstrate imaging of two electron-correlated subjects; screening and superconductivity by STM/S. The electrostatic potential around a charge is described with the Coulomb potential. When the charge is located in a metal, the potential is modified because of the free electrons in the host. The potential modification, called screening, is one of the fundamental phenomena in the condensed matter physics. Using low-temperature STM we have developed a method to measure electrostatic potential in high spatial and energy resolutions, and observed the potential around external charges screened by two-dimensional surface electronic states. Characteristic potential decay and the Friedel oscillation were clearly observed around the charges [1]. Superconductivity of nano-size materials, whose dimensions are comparable with the coherence length, is quite different from their bulk. We investigated superconductivity of ultra-thin Pb islands by directly measuring the superconducting gaps using STM. The obtained tunneling spectra exhibit a variation of zero bias conductance (ZBC) with a magnetic field, and spatial mappings of ZBC revealed the vortex formation [2]. Size dependence of the vortex formation will be discussed at the presentation.

• Journal of Korean Society on Water Environment
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• v.18 no.2
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• pp.113-122
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• 2002

A bench-scale anoxic membrane bioreactor (MBR) system, consisting of a bioreactor coupled to a ceramic crossflow ultrafiltration module, was evaluated to treat a synthetic wastewater containing alkaline hydrolysis byproducts (hydrolysates) of RDX, The wastewater was formulated the same as RDX hydrolysates, and consisted of acetate, formate, formaldehyde as carbon sources and nitrite, nitrate as electron accepters. The MBR system removed 80 to 90% of these carbon sources, and approximately 90% of the stoichiometric amount of nitrate, 60% of nitrite. The reactor was also operated over a range of transmembrane pressures, temperatures, suspended solids concentration, and organic loading rate in order to maximize treatment efficiency and permeate flux. Increasing transmembrane pressure and temperature did not improve membrane flux significantly. Increasing biomass concentration in the bioreactor decreased the permeate flux significantly. The maximum volumetric organic loading rate was $0.72kg\;COD/m^3/day$, and the maximum F/M ratio was 0.50 kg N/kg MLSS/day and 1.82 kg COD/kg MLSS/day. Membrane permeate was clear and essentially free of bacteria, as indicated by heterotrophic plate count. Permeate flux ranged between 0.15 and $2.0m^3/m^2/day$ and was maintained by routine backwashing every 3 to 4 day. Backwashing with 2% NaOCl solution every fourth or fifth backwashing cycle was able to restore membrane flux to its original value.

• Advances in materials Research
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• v.6 no.3
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• pp.279-301
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• 2017

Thermo-mechanical vibration characteristics of in homogeneousporous functionally graded (FG) micro/nanobeam subjected to various types of thermal loadings are investigated in the present paper based on modified couple stress theory with consideration of the exact position of neutral axis. The FG micro/nanobeam is modeled via a refined hyperbolic beam theory in which shear deformation effect is verified needless of shear correction factor. A modified power-law distribution which contains porosity volume fraction is used to describe the graded material properties of FG micro/nanobeam. Temperature field has uniform, linear and nonlinear distributions across the thickness. The governing equations and the related boundary conditions are derived by Extended Hamilton's principle and they are solved applying an analytical solution which satisfies various boundary conditions. A comparison study is performed to verify the present formulation with the known data in the literature and a good agreement is observed. The parametric study covered in this paper includes several parameters such as thermal loadings, porosity volume fraction, power-law exponents, slenderness ratio, scale parameter and various boundary conditions on natural frequencies of porous FG micro/nanobeams in detail.

• Computers and Concrete
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• v.25 no.4
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• pp.327-341
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• 2020

Advanced forms of structural design (e.g., displacement-based methods) require knowledge of the non-linear force-displacement behavior of both the overall building and individual lateral load resisting elements, i.e., walls or building cores. Similarly, understanding the non-linear behaviour of the elements in a structure can also allow for a less conservative structural response to be calculated by better understanding the cracked (i.e., effective) properties of the various RC elements. Calculating the non-linear response of an RC section typically involves using 'black box' analysis packages, wherein the user may not be in complete control nor be aware of all the intricate settings and/or decisions behind the scenes. This paper introduces a user-friendly and transparent analysis program for predicting the back-bone force displacement behavior of slender (i.e., flexure controlled) RC walls, building cores or columns. The program has been validated and benchmarked theoretically against both commonly available and widely used analysis packages and experimentally against a database of 16 large-scale RC wall test specimens. The program, which is called WHAM, is written using Microsoft Excel spreadsheets to promote transparency and allow users to further develop or modify to suit individual requirements. The program is available free-of-charge and is intended to be used as an educational tool for structural designers, researchers or students.

• Advances in nano research
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• v.8 no.1
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• pp.25-36
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• 2020

Rotating systems concern with torsional vibration, and it should be considered in vibration analysis. To do this, the time-dependent torsional vibrations in a single-walled carbon nanotube (SWCNT) under the linear and harmonic external torque, are investigated in this paper. Eringen's nonlocal elasticity theory is considered to demonstrate the nonlocality and constitutive relations. Hamilton's principle is established to derive the governing equation of motion and consequently related boundary conditions. An analytical method, called the Galerkin method, is utilized to discretize the driven differential equations. Linear and harmonic torsional loads, along with determined amplitude, are applied to the SWCNT as the external torques. SWCNT is considered under the clamped-clamped end supports. In free vibration, analysis of small scale effect reveals the capability of natural frequencies in different modes, and this results desirably are in coincidence with another study. The forced torsional vibration in the time domain, especially for carbon nanotubes, has not been done before in the previous works. The previous forced studies were devoted to the transverse vibrations. It should be emphasized that the dynamical analysis of torsion is novel, workable, and at the beginning of the path. The variations of nonlocal parameter, CNT's thickness, and the influence of excitation frequency on time-dependent angular displacement and nondimensional angular displacement are investigated in the context.

• Advances in nano research
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• v.8 no.1
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• pp.37-47
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• 2020

This work focuses on the behavior of non-local shear deformation beam theory for the vibration of functionally graded (FG) nanobeams with porosities that may occur inside the functionally graded materials (FG) during their fabrication, using the non-local differential constitutive relations of Eringen. For this purpose, the developed theory accounts for the higher-order variation of transverse shear strain through the depth of the nanobeam. The material properties of the FG nanobeam are assumed to vary in the thickness direction. The equations of motion are derived from Hamilton's principle. Analytical solutions are presented for a simply supported FG nanobeam with porosities. The validity of this theory is verified by comparing some of the present results with other higher-order theories reported in the literature, the influence of material parameters, the volume fraction of porosity and the thickness ratio on the behavior mechanical P-FGM beam are represented by numerical examples.