• Title/Summary/Keyword: Sectional factor

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Study of the Standard Testing Specifications for a Non-loading Performance Evaluation of Coating Material-sprayed Circular Steel Structures (뿜칠 피복 원형 철골구조의 비재하 내화성능 평가용 시험체 제안을 위한 연구)

  • Ok, Chi-Yeol;Kim, Jae-Jun
    • Fire Science and Engineering
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    • v.30 no.3
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    • pp.7-15
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    • 2016
  • The cross-sectional shape factor is used worldwide to evaluate the scientific performance of fire-resistant structures. In South Korea, however, a system for applying a cross-sectional shape factor has not been arranged and circular or rectangular steel pipes are commonly used for large-scale steel frame buildings. On the other hand, coating material-spray steel beams and pillars that have received the certification of a fire-resistant structure from recognized organizations are mostly limited to a H-beam. A H-beam is granted a wide range of certifications without size limitations from a non-loading performance test with test standards based on the relevant provisions. Other types of steel pipe are to be certified for fireresistance according to shape. In this study, a cross-sectional shape factor was used to propose standard testing specifications for the application of coating material-sprayed circular and rectangular steel pipes, eventually to set the scope of certification for reasonable fire-resistant structures.

Gross Profitability Premium in the Korean Stock Market and Its Implication for the Fund Distribution Industry (한국 주식시장에서 총수익성 프리미엄에 관한 분석 및 펀드 유통산업에 주는 시사점)

  • Yoon, Bo-Hyun;Liu, Won-Suk
    • Journal of Distribution Science
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    • v.13 no.9
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    • pp.37-45
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    • 2015
  • Purpose - This paper's aim is to investigate whether or not gross profitability explains the cross-sectional variation of the stock returns in the Korean stock market. Gross profitability is an alternative profitability measure proposed by Novy-Marx in 2013 to predict cross-sectional variation of stock returns in the US. He shows that the gross profitability adds explanatory power to the Fama-French 3 factor model. Interestingly, gross profitability is negatively correlated with the book-to-market ratio. By confirming the gross profitability premium in the Korean stock market, we may provide some implications regarding the well-known value premium. In addition, our empirical results may provide opportunities for the fund distribution industry to promote brand new styles of funds. Research design, data, and methodology - For our empirical analysis, we collect monthly market prices of all the companies listed on the Korea Composite Stock Price Index (KOSPI) of the Korea Exchanges (KRX). Our sample period covers July1994 to December2014. The data from the company financial statementsare provided by the financial information company WISEfn. First, using Fama-Macbeth cross-sectional regression, we investigate the relation between gross profitability and stock return performance. For robustness in analyzing the performance of the gross profitability strategy, we consider value weighted portfolio returns as well as equally weighted portfolio returns. Next, using Fama-French 3 factor models, we examine whether or not the gross profitability strategy generates excess returns when firmsize and the book-to-market ratio are controlled. Finally, we analyze the effect of firm size and the book-to-market ratio on the gross profitability strategy. Results - First, through the Fama-MacBeth cross-sectional regression, we show that gross profitability has almost the same explanatory power as the book-to-market ratio in explaining the cross-sectional variation of the Korean stock market. Second, we find evidence that gross profitability is a statistically significant variable for explaining cross-sectional stock returns when the size and the value effect are controlled. Third, we show that gross profitability, which is positively correlated with stock returns and firm size, is negatively correlated with the book-to-market ratio. From the perspective of portfolio management, our results imply that since the gross profitability strategy is a distinctive growth strategy, value strategies can be improved by hedging with the gross profitability strategy. Conclusions - Our empirical results confirm the existence of a gross profitability premium in the Korean stock market. From the perspective of the fund distribution industry, the gross profitability portfolio is worthy of attention. Since the value strategy portfolio returns are negatively correlated with the gross profitability strategy portfolio returns, by mixing both portfolios, investors could be better off without additional risk. However, the profitable firms are dissimilar from the value firms (high book-to-market ratio firms); therefore, an alternative factor model including gross profitability may help us understand the economic implications of the well-known anomalies such as value premium, momentum, and low volatility. We reserve these topics for future research.

Optimum Design of Multi-Stacking Current Lead Using HTS Tapes (고온초전도 테이프를 이용한 적층형 전류 도입선의 최적설계)

  • 설승윤;김민수;나필선
    • Progress in Superconductivity and Cryogenics
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    • v.3 no.1
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    • pp.35-39
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    • 2001
  • The optimum cross-sectional area profile of gas-cooled high-temperature superconductor(HTS) current lead is analyzed to have minimum helium boil-off rate. The conventional constant area HTS lead has much higher helium consumption than the optimum HTS lead considered in this study. The optimum HTS lead has variable cross-sectional area to have constant satiety factor. An analytical formula of optimum shape of lead and temperature profile are obtained. For multi-stacking HTS current leads, the optimum tape lengths and minimum heat dissipation rate are also formulated. The developed formulations are applied to the Bi-2223 material, and the differences between constant area, constant safety-factor, and multi-stacking current leads are discussed.

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Development of Drift Design Method for High-rise Buildings Considering Characteristics of Member Forces (부재력 특성을 고려한 설계변수를 사용한 고층건물 변위조절설계법 개발)

  • 서지현;박효선
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.17 no.2
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    • pp.215-222
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    • 2004
  • Drift design methods using resizing techniques have been presented as a practical drift control methods of high-rise buildings. Most drift design methods using the resizing techniques have adopted the cross-sectional area as the design variables for all structural members in a structure. However, the cross-sectional area is not always governing sectional property for the structural members, but the governing sectional property of each member is dependent on the characteristics of member forces. In this paper, a drift design method using the sectional property related to the governing displacement participation factor as the design variable of each member is presented and applied to the drift design of 20-story steel frame-shear wall system. It can be noted from example test that drift design method considering member characteristics shows similar or somewhat better results in the view point of structural weights and the accuracy of displacement estimation.

Effect of Yarns Cross-Sections and Structure Parameters of Its Knitted Fabrics to Moisture Transport of Perspiration Absorption and Fast Dry Fabrics (실 단면 형상과 니트 구조 인자가 흡한속건 소재의 수분이동 특성에 미치는 영향)

  • Kim, Hyun Ah
    • Fashion & Textile Research Journal
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    • v.20 no.4
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    • pp.457-463
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    • 2018
  • This study examined the water absorption and drying properties of the thirteen types of the knitted fabrics for sports wear. These physical properties were analysed with relation to the constituent fiber cross-sectional shape and structure parameters of the knitted fabrics by regression analysis. Absorption and drying properties of the knitted fabric specimens were increased with increasing the porosity of the constituent yarns, which was attributed to the capillary channels in the yarns. The water absorption and drying properties were increased and decreased with increasing tightness factor and stitch density of the knitted fabric. The absorption property of the knitted fabric for perspiration absorption and fast dry sport-wear clothing was mostly influenced mostly by fiber cross-sectional shape and its characteristics, whereas, drying property was dependent on the structural parameters of the knitted fabric such as tightness factor and stitch density. Therefore, superior perspiration absorption and fast drying knitted fabric could be obtained in the fabric structure with optimum tightness factor and stitch density, and constituent yarn structure with non-circular fiber crosssection and high porosity. GATS method and MMT method are used to measure sweating fast drying properties and it is necessary to carry out studies using these measurement methods in order to compare with the results of this study.

Somatotype Classification in the Upper Half of Body of Elementary School Boys at the Ages 11 to 12 (학령훈기 남아의 상반신 체형유형분석 - 만 l1~12세 남아를 대상으로 -)

  • 여혜린
    • Journal of the Korean Society of Costume
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    • v.53 no.3
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    • pp.63-72
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    • 2003
  • The purposes of this study were to classify the upper half of body somatotype and analyze the characteristics of each somatotype. The subjects of survey were 272 elementary school boys of 11 to 12 years old living in Pusan and Kyungsangnam-do. Datas were collected through 36 anthropometric measurements and 7 photographic measurements. They were analyzed by factor analysis, cluster analysis and analysis of variance. The results of the study were as follows : 1. According to the factor analysis. seven factors were extracted from measurements of the upper half of body and those factors comprised 79.62% of total variance. Specially factor 1 was characterized sectional size and factor 2 was characterized longitudinal size comprised 58.83% of total variance. 2. According to the cluster analysis, the upper half of body somatotype was classified four types : Boys in type 1 had quite high stature and big frame, broadest and most sloping shoulders, flattest chest and belly, quite protruded shoulder blades boys in type 2 had quite short stature and small frame, quite broad and most rising shoulder, most protruded belly, quite protruded shoulder blades boys in type 3 had shortest stature, smallest frame, narrowest and quite rising shoulders, most protruded chest, flattest shoulder blade and quite flat belly : boys in type 4 had highest stature, biggest frame, most protruded shoulder blades and quite protruded chest and belly.

Effect of fiber geometry on the electromagnetic shielding performance of mortar

  • Kim, Young Jun;Yemam, Dinberu M.;Kim, Baek-Joong;Yi, Chongku
    • Computers and Concrete
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    • v.17 no.2
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    • pp.281-294
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    • 2016
  • The increased awareness of electromagnetic wave hazards has prompted studies on electromagnetic shielding using conductive materials in the construction industry. Previous studies have explored the effects of the types of conductive materials and their mix proportions on the electromagnetic shielding performance; however, there has been insufficient research on the effect of the geometry of the conductive materials on the electromagnetic shielding performance. Therefore, in this study, the dependence of the electromagnetic shielding performance on the cross-sectional geometry, diameter and length of fibers was investigated. The results showed that the electromagnetic shielding performance improved when the fiber length increased or the diameter decreased, but the effect of the cross-sectional geometry of the fibers was smaller than the effect of the fiber spacing factor.

Optimal Design of Multi-Step Current Leads Using HTS Tapes (고온초전도 테이프를 이용한 다단 전류 도입선의 최적설계)

  • 김민수;나필선;설승윤
    • Proceedings of the Korea Institute of Applied Superconductivity and Cryogenics Conference
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    • 2001.02a
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    • pp.84-88
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    • 2001
  • The optimum cross-sectional area Profile of gas-cooled high-temperature superconductor (HTS) current lead is analyzed to have minimum helium boil-off rate. The conventional constant area HTS lead has much higher helium consumption than the optimum HTS lead considered in this study. The optimum HTS lead has variable cross-sectional area to have constant safety factor. An analytical formula of optimum shape of lead and temperature profile are obtained. For multi-step HTS current leads, the optimum tape lengths and minimum heat dissipation rate are also formulated. The developed formulations are applied to the Bi-2223 material, and the differences between constant area, constant safety-factor, and multi-step current leads are discussed.

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An Analytical Study on Ductility of Reinforced Concrete Columns under Tension Controlled Region (인장지배영역에서의 철근콘크리드 기둥의 연성에 관한 해석적 연구)

  • 손혁수;김준범;이재훈
    • Proceedings of the Korea Concrete Institute Conference
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    • 1997.10a
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    • pp.527-532
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    • 1997
  • Design strength of structural members could be determined by applying a strength reduction factor to nominal strength. At the beginning point of the transition region for the strength reduction factor, P=0.1$\sigma$$_{ck}A_g$, only sectional area and concrete strength are adopted as the variables of P=0.1$\sigma$$_{ck}A_g$. Therefore, P=0.1$\sigma$$_{ck}A_g$ is the empirically adopted which does not consider steel ratio, steel yielding stress, and steel arrangement. So, this research was perpormed the computer program for the analysis of axial force-moment-curvature relationship of reinforced concrete columns by sectional behaviour nonlinear analysis using a concrete compressive stress-strain curve, in order to investigate the ductility of reinforced concrete columns. As a result, ductility indicies of axial force, P=0.1$\sigma$$_{ck}A_g$, represented the lack of consistency of the indicies value for the various sections.

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An Experimental Study on the Evaluation of the Fire-Resistance Performance of a Spray-Applied Rectangular Steel Structure (뿜칠피복 각형 강관의 내화성능 평가를 위한 실험적 연구)

  • Ok, Chi-Yeol;Kim, Jae-Jun
    • Journal of Korean Association for Spatial Structures
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    • v.17 no.1
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    • pp.41-47
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    • 2017
  • Structures of steel frame buildings getting vary depending on the development of construction technology. Fire-resistant steel beams and Columns accredited by accreditation bodies from the performance of various fire-resistant coating is applied to the current pillar method is most H-beams. H-beam has been proposed a non-load test specifications in the relevant regulations, its scope of accreditation to be granted without limitation of size H-beams from the performance of the test specification. However, in the case of the rectangular steel structure is to check its performance and to a separate one of the receive acknowledge and so take advantage of the cross-sectional shape factor in this study to test the performance of the fire-resistant structure proposed for standard test specimen.