• 제목/요약/키워드: Time Conversion

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Impact of Working Capital Management on Firm's Profitability: Empirical Evidence from Vietnam

  • NGUYEN, Anh Huu;PHAM, Huong Thanh;NGUYEN, Hang Thu
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.115-125
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    • 2020
  • This paper investigates the impact of working capital management on the firm's profitability. The research sample includes 119 non-financial listed companies on Vietnam stock market over a period of 9 years from 2010 to 2018. Two statistical approaches include Ordinary least squares (OLS) and fixed effects model (FEM) are employed to address econometric issues and to improve the accuracy of the regression coefficients. The empirical results show the negative and significant impacts of the working capital management, which measured by cash conversion cycle (CCC) and three components of the CCC including accounts receivable turnover in days (ARD), inventory turnover in days (INVD), and accounts payable turnover in days (APD) on the firm's profitability measured by return on assets (ROA) and Tobin's Q. It implies that firms can increase profitability by keeping the optimization of the working capital management measured by the CCC, which includes shortening the time to collect money from clients, accelerating inventory flow and hold the low payment time to creditors. Besides, the profitability of firms was impacted by the sale growth rate, firm size, leverage, and age. Therefore, this paper provides a new insight to managers on how to improve the firm's profitability with working capital management.

급원이 다른 식이 지방이 흰쥐의 지방대사와 혈소판 성상에 미치는 영향 -참깨유, 들깨유, 미강유 중심으로- (The Changes of Body Fat Accumulation, Serum Lipids and Platelet Functions in Rat Fed the Diet Containing Different Common Oils in Korea: Sesame oil, Perilla oil, Rice Bran oil and Mixed oil)

  • 김숙희
    • Journal of Nutrition and Health
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    • 제26권5호
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    • pp.513-523
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    • 1993
  • In this experiment, we investigated the hypolipidemic and antithrombotic effects of rats fed diets with different common oils in Korea for different feeding periods(4 weeks or 12 weeks), using Korean sesame oil, perilla oil, rice bran oil and mixed oil. W-3/w-6 ratio of each group was 0.001, 1.44, 0.03 and 0.112, respectively. P/S ratio of each group was 9.64, 10.49, 5.58 and 1.68, respectively. The result were as follows: 1) According to the age, body fat accumulation was increased. 2) Perilla oil(w-3 rich) decreased total lipid, triglyceride and total cholesterol, and increased HDL/total cholesterol ratio. 3) With regard to the compositono of platelet fatty acids, Perilla oil increased w-3/w-6 ratio of the platelet. Perilla oil lengthened bleeding time and decreased MDA(MalonDAdehyde) formation which determined in place of Thromboxane A2(TXA2) in platelet. This result can suggest that linoleic acid of perrilla oil seem to supress the conversion of linoleic acid to arachidonic acid(AA 20:4, w-6) and eicosapentaenoic acid(EPA, 20:5, w-3) trannnsformed from linolenic acid to suppress the conversion of arachidonic acid to TXA2. Since TXA2 is platelet-aggregating and vasoconstricting agent, the reduction of TXA2 tgeneration by platelet with increased linolenic acid intakes shows prologed bleeding time. In conclusion, w-3 rich perilla oil has strong hypolipidemic and antithrombotic effects by changing fatty acid profiles of the platelet.

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Design and Experimental Validation of a Digital Predictive Controller for Variable-Speed Wind Turbine Systems

  • Babes, Badreddine;Rahmani, Lazhar;Chaoui, Abdelmadjid;Hamouda, Noureddine
    • Journal of Power Electronics
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    • 제17권1호
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    • pp.232-241
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    • 2017
  • Advanced control algorithms must be used to make wind power generation truly cost effective and reliable. In this study, we develop a new and simple control scheme that employs model predictive control (MPC), which is used in permanent magnet synchronous generators and grid-connected inverters. The proposed control law is based on two points, namely, MPC-based torque-current control loop is used for the generator-side converter to reach the maximum power point of the wind turbine, and MPC-based direct power control loop is used for the grid-side converter to satisfy the grid code and help improve system stability. Moreover, a simple prediction scheme is developed for the direct-drive wind energy conversion system (WECS) to reduce the computation burden for real-time applications. A small-scale WECS laboratory prototype is built and evaluated to verify the validity of the developed control methods. Acceptable results are obtained from the real-time implementation of the proposed MPC methods for WECS.

Response Surface Methodological Approach for Optimization of Enzymatic Synthesis of Sorbitan Methacrylate

  • Jeong, Gwi-Taek;Lee, Kyoung-Min;Kim, Hae-Sung;Lee, Woo-Tai;Sunwoo, Chang-Shin;Park, Don-Hee
    • 한국생물공학회:학술대회논문집
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    • 한국생물공학회 2005년도 생물공학의 동향(XVII)
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    • pp.511-516
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    • 2005
  • Sorbitan methacrylate was synthesized from sorbitan dehydrated from D-sorbitol using an immobilized lipase. To optimize the enzymatic synthesis of sorbitan methacrylate, response surface methodology was applied to determine the effects of five-level-four-factors and their reciprocal interactions on sorbitan methacrylate biosynthesis. A total of 30 individual experiments were performed, which were designed to study reaction temperature, reaction time, enzyme amount and substrate molar ratio. A statistical model predicted that the highest conversion yield of sorbitan methacrylate was 100%, at the following optimized reaction conditions: a reaction temperature of 43.06 $^{\circ}C$, a reaction time of 164.25 mins., an enzyme amount of 7.47%, and a substrate molar ratio of 3.98:1. Using these optimal factor values under experimental conditions in four independent replicates, the average conversion yield reached 98.7%${\pm}$1.2% and was well within the value predicted by the model.

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Estimation of Displacements Using the Transformed Response in Time and Frequency Domain

  • Jung, Beom-Seok
    • International Journal of Ocean Engineering and Technology Speciallssue:Selected Papers
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    • 제6권1호
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    • pp.44-50
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    • 2003
  • If the accelerometers are used in measuring the response, the absolute values of the velocity and displacement are not usually obtainable because their initial values are not accounted for in the integration of the acceleration response. A new dynamic response conversion algorithm of both the time domain and the frequency domain is proposed for the problem in estimating the displacement data by defining the transformed responses. In this algorithm, the displacement response can be obtained from the measured acceleration records by integration without requiring the knowledge of the initial velocity and displacement information. The applicability of the technique is tested by an example problem using the real bridge's superstructure under several cases of moving load. In the response conversion procedure of the frequency domain, the identified response according to the frequency can be estimated by changing over the limits of integration. If the reliability of the identified responses is ensured, it is expected that the proposed method for estimating the impact factor can be useful in the bridge's dynamic test. This method can be useful in those practical cases when the direct measurement of the displacement is difficult as in the dynamic studies of huge structure.

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현대 패션에 나타난 질적 연속성의 조형적 특성 연구 (A Study on the Formative Characteristics of the Qualitative Continuity Expressed in Contemporary Fashion)

  • 양희영;양숙희
    • 복식
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    • 제58권1호
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    • pp.116-132
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    • 2008
  • Continuity and discontinuity is a relative concept, and there are various categories of the continuity and discontinuity in our circumference. In the thought of postmodernism of the late of 20th Century, continuous creations of the difference and the repetition have being regarded as a discontinuity. But, because of that catches the moment occurring qualitative skip though the flowing of the everlasting time, this has been known to a shortsighted viewpoint overlooking characteristic of the qualitative continuity of an organism, which have being created continuous formation for life through the flowing of the time. Therefore, this had studied like this complex social condition and various relationships expressed in modern fashion focusing on permanently creative movements and behaviors equal to the qualitative continuity. This Thesis is following study about continuity, and aims at understanding of those formative characteristics through consideration about characteristics of qualitative continuity. And, this analyzes formative characteristics of the qualitative continuity into 5 sets: enlargement, conversion, structural variability, mutual combination, and deconstruction. This thesis intends to grasp complex modern social phenomenon and modern fashion into qualitative continuity that means continuous formation and the change of various relationships according to recognition about the course toward open thinking.

SAPO-34 촉매상에서 디메틸에테르로부터 경질올레핀 제조 및 물의 첨가 효과 (Effect of Water Addition on the Conversion of Dimethyl Ether to Light Olefins over SAPO-34)

  • 백승찬;이윤조;전기원
    • Korean Chemical Engineering Research
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    • 제44권4호
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    • pp.345-349
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    • 2006
  • SAPO-34 촉매상에서 DME(dimethyl ether) 또는 메탄올로부터 경질 올레핀(에틸렌, 프로필렌, 부텐)을 제조하는 반응을 수행하여, 각각의 올레핀들과 CO, $CO_2$와 같은 부 생성물의 수율을 반응온도와 시간의 흐름에 따라 비교해서 관찰하였다. DME 전환반응은 메탄올 전환반응과 비교하여 볼 때 촉매의 비활성화가 급격히 진행되었다. 물을 첨가할 경우, 올레핀의 수율을 증가와 함께 코크 생성에 의한 촉매의 비활성화가 감소하여 촉매의 수명이 길어짐을 확인하였다.

셀룰로오스의 분해특성 및 연료물질 생성 (I) -열분해·액화반응- (Degradation Properties and Production of Fuels of Cellulose - Pyrolysis-Liquefaction -)

  • 이종집;이병학
    • 한국수소및신에너지학회논문집
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    • 제15권4호
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    • pp.333-340
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    • 2004
  • In this study, thermochemical degradation by pyrolysis-liquefaction of cellulose, the effects of reaction time, reaction temperature, conversion yield, degradation properties and degradation products were investigated . Experiments were performed in a tube reactor by varying reaction time from 20 to 80 min at $200{\sim}500^\circ{C}$. Combustion heating value of liquid products from thermochemical conversion processes of cellulose was in the range of 6,920~6,960cal/g. After 40min of reaction at $400^\circ{C}$ in pyrolysis-liquefaction of cellulose, the energy yield and mass yield was as high as 54.3% and 34.0g oil/100g raw material, respectively. The liquid products from pyrolysis-liquefaction of cellulose contained various kinds of ketones, phenols and furans. ketones and furans could be used as high-octane-value fuels and fuel additives. However, phenols are not valuable as fuels.

Response Surface Method를 이용한 폐식용유로부터 바이오디젤 생산의 최적화 (Optimization of Biodiesel Production from Waste Frying Oil using Response Surface Method)

  • 이세진;김의용
    • KSBB Journal
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    • 제17권4호
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    • pp.396-402
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    • 2002
  • 바이오디젤(지방산 메틸 에스테르)은 생분해성, 무독성, 그리고 재생연료로서 지난 10여년간 많은 관심을 끌고 있다. 바이오디젤을 생산하기 위해 다양한 방법들이 개발되었는데, 그 중 알칼리 촉매를 이용한 에스테르화 반응이 짧은 시간동안 높은 수율을 얻을 수 있다. 따라서 본 연구에서는 알칼리 촉매하에 에스테르화 반응의 최적조건을 찾기 위하여 response surface method를 사용하였다. 결과적으로 바이오디젤 생산 공정에 영향을 주는 7개의 변수 중 반응온도, 반응시간, 그리고 교반속도가 중요했는데 이들의 최적 값은 각각 67$^{\circ}C$, 68분, 94 rpm이었다. 이와같은 최적인 조건하에서 실험한 결과 바이오디젤로의 전화율은 99.7%이었다.

파장 640 nm와 660 nm 광자쌍의 간섭 (Interference experiment using entangled photons with wavelengths of 640 nm and 660 nm)

  • 김헌오;신하림;김원식;권오성;김태수
    • 한국광학회지
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    • 제15권5호
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    • pp.399-404
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    • 2004
  • 매개하향변환과정에서 발생한 640 nm와 660 nm 파장을 갖는 광자쌍의 진동수 얽힘상태를 이용하여 양자간섭실험을 수행하였다. 두 광자의 파장에 대응하는 각진동수가 각각 $\omega$$_1$$\omega$$_2$인 광자쌍을 간섭계의 출구에 놓인 두 검출기로 서로 다른 진동수의 광자들을 동시계수할 때, 광의 결맞음 시간이내에서 두 광자가 빔분할기에 도달하는 시간 간격의 변화 $\delta$$\tau$에 따라 동시계수가 변하는 간섭무늬를 관측하였다.