• Journal of the Korean Data and Information Science Society
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• v.24 no.4
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• pp.723-736
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• 2013

The importance of lapse rate is highly increasing due to the introduction of Cash Flow Pricing system, non-refund-of-reserve insurance policy, and IFRS (International Financial Reporting System) to the Korean insurance market. Researches on lapse rate have mainly focused on simple data analysis and regression analysis, etc. However, lapse rate can be analyzed by survival analysis and can be well explained in terms of several covariates with Cox proportional hazard model. Guaranteed minimum benefits embedded in variable annuities require more elegant statistical analysis of lapse rate. Hence, this paper analyzes data of policyholders with variable annuities by using Cox proportional hazard model. The key variables of policy holder that influences the lapse rate are payment method, premium, lapse insured to term insured, reserve-GMXB ratio, and age.

• Asia-Pacific Journal of Business
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• v.9 no.4
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• pp.67-84
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• 2018

This study is about comparing coal thermal plant to LNG combined power plant in respect of environmental and economic cost analysis. In addition sensitive analysis of power cost and discount rate is conducted to compare the result of change in endogenous and exogenous variable. For environmental assessment, when they generate 10,669GWh yearly, coal thermal power plant emits sulfur oxides 959ton, nitrogen oxide 690ton, particulate matter 168ton and LNG combined power plant emits only nitrogen oxide 886ton respectively every year. Regarding economic cost analysis on both power plants during persisting period 30 years, coal thermal power plant is more cost effective 4,751 billion won than LNG combined taking in account the initial, operational, energy and environmental cost at 10,669GWh yearly in spite of only LNG combined power plant's energy cost higher than coal thermal. In case of sensitive analysis of power cost and discount rate, as 1% rise or drop in power cost, the total cost of coal thermal power plant increases or decreases 81 billion won and LNG combined 157 billion won up or down respectively. When discount rate 1% higher, the cost of coal thermal and LNG combined power plant decrease 498 billion won and 539 billion won for each. When discount rate 1% lower, the cost of both power plant increase 539 billion won and 837 billion won. With comparing each result of change in power cost and discount rate, as discount rate is weigher than power cost, which means most influential variable of power plan is discount rate one of exogenous variables not endogenous.

• Environmental and Resource Economics Review
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• v.23 no.3
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• pp.497-513
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• 2014

Rate-of-return regulation where a regulator compensates the utilities based upon the cost incurred the regulated companies have the incentive to over-report cost level. However, in case of cost-based competition where a regulator knows the cost of each plant involved and induce the competition among them, one can encounter prisoner's dilemma situation in the short run where the regulated firms under-report cost level. For instance, in case of cost-based pool, a generator may have a strategic behavior to keep its registered variable cost higher than the actual level to maintain its operation rate and generation amounts higher. Eventually, however, such behavior decrease the profitability of a generator and discourage new entry jeopardizing required level of capacity reserves. This is a typical Prisoner's Dilemma situation. The power market operating rule should be revised so that generators' registered variable cost reflect actual level of variable cost.

• Proceedings of the IEEK Conference
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• 2005.11a
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• pp.39-42
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• 2005

H.264, a recently proposed international video coding standard, has adopted context-based adaptive variable length coding (CAVLC) as the entropy coding tool in the baseline profile. By combining an adaptive variable length coding technique with context modeling, we can achieve a high degree of redundancy reduction. However, CAVLC in H.264 has weakness that the correct prediction rate of the variable length coding (VLC) table is low in a complex area, such as the boundary of an object. In this paper, we propose a VLC table prediction scheme considering multiple reference blocks; the same position block of the previous frame and the neighboring blocks of the current frame. The proposed algorithm obtains the new weighting values considering correctness of the VLC table for each reference block. Using this method, we can enhance the prediction rate of the VLC table and reduce the bit-rate.

• Transactions of the Korean Society of Machine Tool Engineers
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• v.12 no.2
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• pp.1-8
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• 2003

Conventionally used linear or circular interpolator is undesirable for the precision machining of 3D free-form surface as the following reason: the transmission errors due to the huge number of data, discontinuity of segmentation, unsmooth motion speed. To this regard, modern CNC machine tools are designed with the function of machining arbitrary parametric curves. However, these systems don't consider the adaptive federate, which dominates the quality of the machining process. This paper proposes a NURBS interpolator for the constant material removal rate. That is accomplished by the variable federate using curvature of curve. The curvature-compensated feederate system has important Potential applications in ensuring part accuracy and protecting cutting tool. The simulated result show it can be applicable to the real machining.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.9 no.7
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• pp.1473-1478
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• 2005

In this paper, we proposed UWB system with variable rate in piconet environment that several wireless devices moves as variable. And, we analyzed the performance of UWB system according to multiple access interference and transmission rate. Also, we have evaluated the performance of m system with Truncated Type-II Hybrid ARQ scheme fer achieving high qualify data transmission.

• Tribology and Lubricants
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• v.22 no.1
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• pp.14-19
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• 2006

VCT(Variable Cam Timing) system is one of very useful engine components to improve fuel economy and overcome emission regulation etc. In order to adapt the VCT to a base engine, many design mod ifications in the mechanical and lubrication fields are required. Especially, because the VCT performance itself depends on supplied oil flow rate and pressure, it is very important to evaluate the engine lubrication system in a viewpoint of supplied oil flow rate and pressure. In this paper, unsteady transient flow network analysis on the engine oil circuit system was carried out to do this.

• Journal of the Optical Society of Korea
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• v.16 no.2
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• pp.107-114
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• 2012

In this paper, we propose a new modulation scheme called multi-coded variable pulse position modulation (MC-VPPM) for visible light communication systems. Two groups of signals (Pulse Width Modulation (PWM) and Pulse Position Modulation (PPM) groups) are multi-coded by orthogonal codes for transmitting data simultaneously. Then, each multi-level value of the multi-coded signal is converted to pulse width and position which results in not only an improved data rate, but also a processing gain in reception. In addition, we introduce average duty ratio and cyclic shift concepts in PWM through which dimming control for light illumination can be supported without any degradation in communication performance. Through simulation, we confirm that the proposed MC-VPPM shows a comparable BER curve and much greater achievable data rate than the conventional VPPM scheme using a visible light optical channel environment.

• Journal of the Korea Institute of Military Science and Technology
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• v.19 no.1
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• pp.50-56
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• 2016

This paper is about the implementation of the OFDM-based border guard/reconnaissance communication terminal systems. We have implemented Real-time Dynamic DL/UL symbol rate control function using the DL-MAP message, and proposed error detection method caused by malfunctioning and timing optimization method. The proposed scheme detects the variable rate symbol decoding timing without increasing additional physical layer logic, and also provides a wide variety of DL/UL data transfer rate. Furthermore, the proposed scheme applies to the current border guard/reconnaissance equipment and confirms a operation performance through field tests and demonstration at home and abroad.

• Proceedings of the IEEK Conference
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• 2004.06a
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• pp.55-58
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• 2004

This this paper, we propose vertical Bell laboratories layered space time (V-BLAST) system based on variable rate Low-Density Parity Check (LDPC) codes to improve performance of receiver when QR decomposition interference suppression combined with interference cancellation is used over independent Rayleigh fading channel. The different rate LDPC codes can be made by puncturing some rows of a given parity check matrix. This allows to implement a single encoder and decoder for different rate LDPC codes. The performance can be improved by assigning stronger LDPC codes in lower layer than upper layer because the poor SNR of first detected data streams makes error propagation. Keeping the same overall code rates, the V-BLAST system with different rate LDPC codes has the better performance (in terms of Bit Error Rate) than with constant rate LDPC code in fast fading channel.