• Korean Journal of Construction Engineering and Management
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• v.15 no.1
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• pp.39-50
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• 2014

After the global financial crisis, domestic construction industry has gone through a rapid recession. This resulted in gradual market shift towards architectural remodeling. Architectural remodeling not only improves residential environment but it has many advantages such as increase of each unit's exclusive area, free space within the horizontal or extension of an annex building, and increase number of household through splitting the household of bigger pyeong, etc. However, in case of the Korean market for apartment remodeling, due to various regulations and problem with business promotion procedures, majority of business is slow despite the figure that remodeling volume is not that small. Also, feasibility study which decides to push ahead public house remodeling business will have a flaw using net present value's law; it has a flaw of not considering properties of each phase of remodeling business and future's uncertainty. Hence, this research will improve the problem of traditional value assessment method of net present value's law. It will also consider one of the real options such as binomial model in order to supplement NPV which is used in current feasibility study. This research was based on real successful cases of public house remodeling and it was possible for feasibility study which was more realistic and valid. This research provided foundation for development of Korean public house remodeling market. There is high anticipation of increasing the validity by improving the problems of current feasibility study and economic efficiency assessment.

• Journal of Korean Society of Transportation
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• v.31 no.6
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• pp.3-11
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• 2013

Under the consumption of bad weather situation affects traffic flows, the study scope is focused on highway capacity and speed variations among other highway traffic flow characteristic changes according to snowfall density. Thus, this study carried out through the data collection and statistical analysis by focusing on capacity and speed changes. Traffic volume, speed and density were selected as factors to explain the property change of a traffic flow for analysis, and 7 basic sections such as 3 highways in Gyeonggi-do and 4 highways near the meteorological observatory were selected as survey points for data collection. Snowfall levels were classified into 3 steps(Light, Medium, Heavy Snow) to analyze the capacity change by snowfall levels. As a result of analysis, the change of capacity depending on snowfall levels decreased 13.2% in case of light snow compared to a good weather, 18.6% in case of medium snow and 32.0% in case of heavy snow, so the capacity reduction rate increased as the snowfall level increased. The worsening weather appeared to have a very big possibility to act as a factor to reduce the operational efficiency of a road, so a road design and operation method considering this should be presented in the future.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.10
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• pp.4927-4935
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• 2012

Turmeric is a medicinal herb with various pharmacological activities. Curcumin, demethoxycurcumin(DMC) and bisdemethoxycurcumin(BDMC) were extracted from turmeric by dipping and ultrasonic wave method. And extraction efficiency was identified using solid phase extraction(SPE). The extracted sample were simultaneously separated and analyzed from three kinds of commercial $C_{18}$ reversed-phase high performance liquid chromatography using water and acetonitrile as mobile phase with isocratic elution mode. Flow rate 1.0mL/min, injection volume $10{\mu}L$ and column oven temperature $40^{\circ}C$ at 425nm wavelength has been conducted. From the experimental results, the optimum mobile phase composition of water/acetonitrile 50/50vol% using RS tech column. It is evident that the amount of curcuminoids extracted(extraction time 4h) by 100% MeOH was higher than any aqueous MeOH composition. Finally, in 100% water extraction, the amount(mAU${\times}$mim) of curcuminoids extracted by SPE was 14.3 and 24.5 times respectively higher than ultrasonic wave and dipping method. The shown results can be applied as sources for pharmaceuticals and functional material.

• Journal of the Korean Society of Marine Environment & Safety
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• v.17 no.4
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• pp.399-405
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• 2011

Recently, the navigation risk is increasing significantly with growth of marine traffic volume and construction of marine facilities, water bridges, port development and marine wind farm etc. To reduce this kinds of risk, Ministry of Land, Transport and Maritime Affairs enacted a new law called MSA(Maritime Safety Audit) as a comprehensive maritime traffic safety management scheme in order to ensure safety improvements from the early planning stage to post managing of the development which affect the maritime traffic environment. MSA as a tool for improving maritime traffic safety is a formal safety assessment in the existing or future ship's fairway by an independent audit team. It examines the potential hazards of maritime traffic safety, if necessary, and is to ensure the implementation of appropriate safety measures. The object of this paper is to comprehensively evaluate the achievements and implementation problems of MSA about the 2 years, to define the fundamental problems of MSA by conceptualizing and analyzing MSA limits. MSA requires further examination about the introduction of screening and scoping in order to increase the efficiency and objectivity. It will be required the measures concerning policies directions as a tool for planning process for project owner. It will lead to right understanding concerning audit scheme and used in various ways such as amendments to related law.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.20 no.1
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• pp.75-82
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• 2007

This paper addresses a method for shape optimization of a continuous elastic body considering stability, i.e., buckling behavior. The sensitivity formula for critical load is analytically derived and expressed in terms of shape variation, based on the continuum formulation of the stability problem. Unlike the conventional finite difference method (FDM), this method is efficient in that only a couple of analyses are required regardless of the number of design parameters. Commercial software such as ANSYS can be employed since the method requires only the result of the analysis in computation of the sensitivity. Though the buckling problem is more efficiently solved by structural elements such as a beam and shell, elastic solids have been chosen for the buckling analysis because solid elements can generally be used for any kind of structure whether it is thick or thin. Sensitivity is then computed by using the mathematical package MATLAB with the initial stress and buckling analysis of ANSYS. Several problems we chosen in order to illustrate the efficiency of the presented method. They are applied to the shape optimization problems to minimize weight under allowed critical loads and to maximize critical loads under same volume.

• Management & Information Systems Review
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• v.34 no.1
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• pp.65-80
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• 2015

In previous studies concerning turnover, they argue individual stock's turnover must be identical to market portfolio's turnover under one condition where 2 funds separation theorem holds. In this kind of world, all market participants hold and trade the same portfolio and this should be only market portfolio. If one's trading portfolio's shape is different from market portfolio's, this would mean he or she has an advantage over others in information and this kind of information would be private. In accordance with this theory, we develop a metric which measures how far one's trading portfolio from market's and name it as Stock Selection by Investor(SSI). We apply this measurement to the various types of investor groups classified as individual, institutional and foreign who participate in Korea stock market. To test the validity of measure, we regress price ratio on this measurement using SUR method. As a result, individual investor group shows large number in SSI, but the coefficient in regression is not significant and economically meaningless. In case of institutional investor group, the coefficient proves to be significantly negative. We can infer from this fact that their trading is somehow far from informed trading. Stock selection activity by foreign investor groups proves to be informed trading by showing significantly positive coefficient and the magnitude of coefficient is economically meaningful, especially in sell activity.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.10 no.1
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• pp.1-15
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• 2011

The RLC systems is one of the intelligent transportation systems that has gained a nation-wide support for last decades and being installed to discourage motorists from running the red lights at signalized intersections. It is taken for granted that the RLC will provide motorists with increased safety, so that their installments are always justifiable. However, in order to acquire more efficiency and wider supports from the general public in future RLC installments, an improved methodology for analyzing the effects of the RLC systems is required. In order to satisfy this requirement, this research performed the following tasks. First, the number of signal violations after the RLC systems were investigated in order to check its resulting effects. Second, the number of crashes after the RLC systems were collected and compared with the number of signal violations. Third, a statistical analysis was carried out to develop the relationships between the signal violations and the crashes based on negative binomial distribution. The analysis revealed that the number of crashes has a close relationship with the RLC placement, traffic volume, vehicle speed, the number of phases, and the number of lanes for major approaches. Finally, based on the results found in this analysis, this research presents a methodology for analyzing the safety effects of placing the RLC that should be of service when investigating the economic consequences of the RLC systems.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.19 no.3
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• pp.38-51
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• 2020

A bottleneck and congestion occur when a freeway is closed due to maintenance and construction activities on the freeway. Although various traffic managements have been developed to improve the traffic efficiency at freeway work zones, such as merge control, there is a limit to those controls with human drivers. On the other hand, the wireless communication of connected and automated vehicles (CAVs) enables the operation of advanced traffic management. This study developed a traffic control strategy that integrates Dynamic Merge Control (DMC) and Lane Change Control (LCC) in a CAV environment. DMC operates as an either early or late merge based on the occupancy rate of upstream of the work zone. The LCC algorithm determines the number of vehicles that need to change their lane to balance the traffic volume on open lanes. The simulation results showed that integrated control improves the cumulative vehicle count, average speed upstream, and average network travel time.

• Korean Chemical Engineering Research
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• v.54 no.5
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• pp.612-620
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• 2016

Aqueous mineral carbonation process, in which $CO_2$ is captured through the reaction with aqueous calcium oxide (CaO) solution, is one of CCU technology enabling the stable sequestration of $CO_2$ as well as economic value creation from its products. In order to enhance the carbon capture efficiency, it is required to maximize the dissolution rate of solid reactants, CaO. For this purpose, the proper design of a reactor, which can achieve the uniform distribution of solid reactants throughout the whole reactor, is essential. In this paper, the effect of internal reactor designs on the solid dispersion quality is studied by using CFD (computational fluid dynamics) techniques for the pilot-scale reactor which can handle 40 ton of $CO_2$ per day. Various combination cases consisting of different internal design variables, such as types, numbers, diameters, clearances and speed of impellers and length and width of baffles are analyzed for the stirred tank reactor with a fixed tank geometry. By conducting sensitivity analysis, we could distinguish critical variables and their impacts on solid distribution. At the same time, the reactor design which can produce solid distribution profile with a standard deviation value of 0.001 is proposed.

• Journal of The Korean Society of Agricultural Engineers
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• v.58 no.4
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• pp.21-35
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• 2016

This study is to evaluate the applicability of SWAT (Soil and Water Assessment Tool) model for multi-purpose dams and multi-function weirs operation in Namhan river basin ($12,577km^2$) of South Korea. The SWAT was calibrated (2005 ~ 2009) and validated (2010 ~ 2014) considering of 4 multi-purpose dams and 3 multi-function weirs using daily observed dam inflow and storage, evapotranspiration, soil moisture, and groundwater level data. Firstly, the dam inflow was calibrated by the five steps; (step 1) the physical rate between total runoff and evapotranspiration was controlled by ESCO, (step 2) the peak runoff was calibrated by CN, OV_N, and CH_N, (step 3) the baseflow was calibrated by GW_DELAY, (step 4) the recession curve of baseflow was calibrated by ALPHA_BF, (step 5) the flux between lateral flow and return flow was controlled by SOL_AWC and SOL_K, and (step 6) the flux between reevaporation and return flow was controlled by REVAPMN and GW_REVAP. Secondly, for the storage water level calibration, the SWAT emergency and principle spillway were applied for water level from design flood level to restricted water level for dam and from maximum to management water level for weir respectively. Finally, the parameters for evapotranspiration (ESCO), soil water (SOL_AWC) and groundwater level fluctuation (GWQMN, ALPHA_BF) were repeatedly adjusted by trial error method. For the dam inflow, the determination coefficient $R^2$ was above 0.80. The average Nash-Sutcliffe efficiency (NSE) was from 0.59 to 0.88 and the RMSE was from 3.3 mm/day to 8.6 mm/day respectively. For the water balance performance, the PBIAS was between 9.4 and 21.4 %. For the dam storage volume, the $R^2$ was above 0.63 and the PBIAS was between 6.3 and 13.5 % respectively. The average $R^2$ for evapotranspiration and soil moisture at CM (Cheongmicheon) site was 0.72 and 0.78, and the average $R^2$ for groundwater level was 0.59 and 0.60 at 2 YP (Yangpyeong) sites.