• The Journal of Asian Finance, Economics and Business
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• v.7 no.8
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• pp.281-287
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• 2020

In capital budgeting practices, investment project evaluations based on the net present value (NPV) and the internal rate of return (IRR) represent the traditional evaluation techniques. Compared with the traditional methods, the modified internal rate of return (MIRR) gives the opportunity to evaluate an investment in certain projet, while taking the changes in cash flows over time and issuing shares such as dividing shares, bonuses, and dividend for each end of the investment year into account. Therefore, this study aims to evaluate an investment in the Malaysian construction sector utilizing financial data for 39 public listed companies operating in the Malaysian construction sector over the period from Jan 1, 2007, to December 30, 2018, based on the MIRR method. Stochastic was studied in this study to estimate the estimated probability by applying the Markov chain model to the MIRR method where the transition matrix has two possible movements of either Good (G) or Bad (B). it is found that the long-run probability of getting a good investment is higher than the probability of getting a bad investment in the long-run, where were the probabilities of good and bad are 0.5119, 0.4881, respectively. Hence, investment in the Malaysian construction sector is recommended.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.21 no.1
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• pp.68-78
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• 1997

A numerical study on the transient vapor flow and heat transfer is performed to investigate the ideal switching operation of heat source in a high temperature heat pipe. The cylindrical 2-dimensional compressible laminar vapor flow is assumed for the vapor space and the conjugate heat transfer for the heat pipe wall, wick and vapor space is calculated. The different boundary conditions such as constant heat flux, convective or radiative boundary at the outer wall are used respectively to compare the influence of boundary conditions on the transient operation. The transient temperature profile and the internal flow of the entire pipe for the switching operation are described as a result. The results show that the transient time is not significantly affected by the boundary conditions at the outer wall in present study. During the transition, two independent flows are observed temporarily on the right side and left side of the heat pipe. It is also found that the trend of temperature variation in the vapor region is different from the variation in the wick and wall region.

• Transactions of the Korean Society of Mechanical Engineers
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• v.18 no.12
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• pp.3386-3394
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• 1994

An experimental study has been performed on the flow over a rotating disk, where the diameter of the disk is 500 mm and the maximum vertical deviation of the upper surface is $50 \mu{m}$ for the whole range of the angular velocity up to 3400 rpm. The flow visualization experiment for the wall jet flow induced by impinging circular jet is carried out using schlieren system and measurements are made by 3-hole and 5-hole pitot tubes. Schlieren photographs show that as the rotating speed increases the wall jet flow becomes more stable and the size of the largest eddies becomes smaller. Measurements for impinging jet flow on the stationary disk verify the accuracy of the present experiment, and those for free rotating disk flow display the existence of transition region from laminar to turbulent flows. Measurements for impinging jet flow on the rotating disk exhibit the interaction between the wall jet and the viscous pumping effect, which explains the decay in size of turbulent eddies illustrated by the schlieren photographs.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.24 no.10
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• pp.1399-1408
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• 2000

A 2-dimensional temperature field measurement technique using PLIF (Planar Laser Induced Fluorescence) was developed and it was applied to an axisymmetric buoyant jet. Rhodamine B was used as a fluorescent dye. Laser light sheet illuminated a two-dimensional cross section of the jet. The intensity variations of LIF signal from Rhodamine B molecules scattered by the laser light were captured with an optical filter and a CCD camera. The spatial variations of temperature field of buoyant jet were derived using the calibration data between the LIF signal and real temperature. The measured results show that the turbulent jet is more efficient in mixing compared to the transition and laminar jet flows. As the initial flow condition varies from laminar to turbulent flow, the entrainment from ambient fluid increases and temperature decay along the jet center axis becomes larger. In addition to the mean temperature field, the spatial distributions of temperature fluctuations were measured by the PLIF technique and the result shows the shear layer development from the jet nozzle exit.

• Journal of Mechanical Science and Technology
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• v.19 no.5
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• pp.1169-1181
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• 2005

Experimental and numerical studies on the unsteady wake field behind a square cylinder near a wall were conducted to find out how the vortex shedding mechanism is correlated with gap flow. The computations were performed by solving unsteady 2-D Incompressible Reynolds Averaged Navier-Stokes equations with a newly developed ${\epsilon}-SST$ turbulence model for more accurate prediction of large separated flows. Through spectral analysis and the smoke wire flow visualization, it was discovered that velocity profiles in a gap region have strong influences on the formation of vortex shedding behind a square cylinder near a wall. From these results, Strouhal number distributions could be found, where the transition region of the Strouhal number was at $G/D=0.5{\sim}0.7$ above the critical gap height. The primary and minor shedding frequencies measured in this region were affected by the interaction between the upper and the lower separated shear layer, and minor shedding frequency was due to the separation bubble on the wall. It was also observed that the position (y/G) and the magnitude of maximum average velocity $(u/u_{\infty})$ in the gap region affect the regular vortex shedding as the gap height increases.

• Wind and Structures
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• v.34 no.6
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• pp.499-510
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• 2022

Computational Wind Engineering has rapidly grown in the last decades and it is currently reaching a relatively mature state. The prediction of wind loading by means of numerical simulations has been proved effective in many research studies and applications to design practice are rapidly spreading. Despite such success, caution in the use of simulations for wind loading assessment is still advisable and, indeed, required. The computational burden and the know-how needed to run high-fidelity simulations is often unavailable and the possibility to use simplified models extremely attractive. In this paper, the applicability of some well-known 2D unsteady RANS models, particularly the k-ω SST, in the aerodynamic characterization of extruded bodies with bluff sections is investigated. The main focus of this paper is on the drag coefficient prediction. The topic is not new, but, in the authors' opinion, worth a careful revisitation. In fact, despite their great technical relevance, a systematic study focussing on sections which manifest a fully detached flow configuration has been overlooked. It is here shown that the considered 2D RANS exhibit a pathological behaviour, failing to reproduce the transition between reattached and fully detached flow regime.

• Nuclear Engineering and Technology
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• v.55 no.3
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• pp.1105-1117
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• 2023

In this study, the pressure drop behavior of single- and two-phase flows of air and water through the porous beds filled with uniform and non-uniform sized spherical particles was examined. The pressure drop data in the single-phase flow experiments for the uniform particle beds agreed well with the original Ergun correlation. The results from the two-phase flow experiments were analyzed using numerical results based on three types of previous models. In the experiments for the uniform particle beds, the data on the two-phase pressure drop clearly showed the effect of the flow regime transition with a variation in the gas flow rate under stagnant liquid condition. The numerical analyses indicated that the predictability of the previous models for the experimental data relied mainly on the sub-models of the flow regime transitions and interfacial drag. In the experiments for the non-uniform particle beds, the two-phase pressure loss could be predicted well with numerical calculations based on the effective particle diameter. However, the previous models failed to accurately predict the counter-current flooding limit observed in the experiments. Finally, we propose a relation of falling liquid velocity into the particle bed by gravity to appropriately simulate the CCFL phenomenon.

• Journal of the Korean Vacuum Society
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• v.12 no.2
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• pp.79-85
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• 2003

Experimental investigations are performed for the rarefied gas flows in a multi-stage disk-type drag pump. The pump considered in the present study consists of grooved rotors and stators. The flow-meter method is adopted to calculate the pumping speed. Compression ratios and pumping speeds for the nitrogen gas are measured under the outlet pressure range of 0.13∼533 Pa. The present experimental data show the leak-limited value of the compression ratio in the molecular transition region. The rotational speed of the pump is 24,000rpm, and nitrogen is used as a test gas. The pumping characteristics of various drag pumps are performed. The inlet pressures are measured for various outlet pressures of the test pump. The ultimate pressures for zero throughput are measured for three-stage, two-stage and single-stage disk-type, respectively.

• Journal of the Korean Society of Propulsion Engineers
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• v.22 no.6
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• pp.19-27
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• 2018

In this study, a numerical study was conducted to characterize the E-D nozzle which changes according to the nozzle pressure ratios. Three different numerical analysis models were designed by changing the pintle inflection angles. When the nozzle pressure ratio is low, the outside air flows into the E-D nozzle to form an open flow field. As the nozzle pressure ratio increases, the flow transition occurs to become the closed flow field where the recirculation region is isolated inside the nozzle. Also, the highest thrust coefficient was obtained in the analytical model with high pintle inflection angle at all nozzle pressure ratios.

• 전자공학회논문지 IE
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• v.44 no.1
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• pp.1-5
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• 2007

This experiment was analysed the discharge characteristics of FFL(flat fluorescent lamp). FFL is operated by sine and pulse wave source. We use FFL which has the electrodes covered with dielectric, observed the discharge characteristics of FFL by V-Q Lissajous' figure. When FFL is operated with pulsed, the discharge current flows after the applied voltage is risen. When the duty ratio increases, the number of metastable xenon atoms seem to increase. Consequently, the 172nm radiation becomes strong as the duty ratio increases.