• 제목/요약/키워드: Yield Curve

검색결과 419건 처리시간 0.03초

Comparison of Mathematical Models Applied to F1 Dairy Sheep Lactations in Organic Farm and Environmental Factors Affecting Lactation Curve Parameter

  • Angeles-Hernandez, J.C.;Albarran-Portillo, B.;Gomez Gonzalez, A.V.;Pescador Salas, N.;Gonzalez-Ronquillo, M.
    • Asian-Australasian Journal of Animal Sciences
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    • 제26권8호
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    • pp.1119-1126
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    • 2013
  • The objective of this study was to compare the goodness of fit of four lactation curve models: Wood's Gamma model (WD), Wilmink (WL), and Pollott's multiplicative two (POL2) and three parameters (POL3) and to determine the environmental factors affecting the complete lactation curve of F1 dairy sheep under organic management. A total of 5,382 weekly milk yields records from 150 ewes, under organic management were used. Residual mean square (RMS), determination coefficients ($R^2$), and correlation (r) analysis were used as an indicator of goodness of fit for each model. WL model best fitted the lactation curves as indicated by the lower RMS values (0.019), followed by WD (0.023), POL2 (0.025) and POL3 (0.029). The four models provided total milk yield (TMY) estimations that were highly correlated (0.93 to 0.97) with observed TMY (89.9 kg). The four models under estimated peak yield (PY), whereas POL2 and POL3 gave nearer peak time lactation estimations. Ewes lambing in autumn had higher TMY and showed a typical curve shape. Higher TMY were recorded in second and third lambing. Season of lambing, number of lambing and type of lambing had a great influenced over TMY shaping the complete lactation curve of F1 dairy sheep. In general terms WL model showed the best fit to the F1 dairy sheep lactation curve under organic management.

현실임분 생장특성을 반영한 삼나무 지위지수 추정 모델 개발 (Development of Site Index Model for Cryptomeria japonica Stands by the Current Growth Characteristics in South Korea)

  • 김현수;정수영;이광수;이상현
    • 한국환경과학회지
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    • 제31권9호
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    • pp.793-801
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    • 2022
  • This study was carried out to provide basic data for logical forest management by developing a site index curve reflecting the current growth characteristics of Cryptomeria japonica stands in Korea. The height growth model was developed using the Chapman-Richards, Schumacher, Gompertz, and Weibull algebraic difference equations, which are widely used in growth estimation, for data collected from 119 plots through the 7th National Forest Inventory and stand survey. The Chapman-Richards equation, with the highest model fit, was selected as the best equation for the height growth model, and a site index curve was developed using the guide curve method. To compare the developed site index curve with that on the yield table, paired T-tests with a significance level of 5% were performed. The results indicated that there were no significant differences between the site index curve values at all ages, and the p-value was smaller after the reference age than before. Therefore, the site index curve developed through this study reflects the characteristics of the changing growth environment of C. japonica stands and can be used in accordance with the site index curve on the current yield table. Thus, this information can be considered valuable as basic data for reasonable forest management.

적극적 채권운용전략을 위한 수익률곡선 분석 (An Analysis on the Yield Curves for Active Bond Managements)

  • 정희준
    • 재무관리연구
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    • 제25권2호
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    • pp.1-31
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    • 2008
  • 1990년대 전반 회사채 중심 채권시장의 주요 참여자들은 매입 보유전략과 같은 소극적 운용방식(passive management)을 채권운용전략의 기본구조로 가지고 있었다. 그러나 IMF 금융위기를 겪으면서 과거에 비해 낮아진 수익률수준과 금융기관들의 경쟁심화로 시장의 주 참여자들은 보다 적극적인 운용전략(active management)을 채택해야 하는 상황에 놓이게 되었다. 이 연구는 채권의 투자환경에 대한 총체적 정보의 반영이라고 할 수 있는 수익률곡선의 형성과 이에 영향을 미치는 주요 변수들과의 구조적 관계를 실증적으로 분석하여 적극적 채권운용전략을 수행하기 위해 고려해야 할 요인들과 운용방향에 대한 시사점을 얻고자 한다. 이를 위하여 1999년부터 2006년까지의 데이터를 기초로 Nelson-Siegel 모형에 의한 수익률곡선의 요인(수준, 기울기, 곡률)을 추정하였다. 추정된 결과를 수익률곡선 예측에 이용하여 그 모형의 유용성을 살펴보기 위해 표본외 예측을 실시하였다. 또한 수준과 기울기 변화의 추정값을 종속변수로 하고 주요 증권시장 변수들 및 시장외적 변수들을 독립변수로 하여 VAR 모형과 SUR 모형을 추정하였다. 추정 결과 수익률곡선의 수준과 기울기가 목표 콜금리변동, 원/달러 변동률 그리고 물가변동률의 금기나 과거의 영향을 받는다는 가설이 통계적 유의성을 보였다. 이들 결과는 국민주택채권은 물론 국고채권을 포함한 우리나라 국채시장 전반에 대한 적극적 운용전략을 세우는데 의미 있는 시사점을 제공하고 있다.

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ESTIMATION OF DUCTILE FRACTURE BEHAVIOR INCORPORATING MATERIAL ANISOTROPY

  • Choi, Shin-Beom;Lee, Dock-Jin;Jeong, Jae-Uk;Chang, Yoon-Suk;Kim, Min-Chul;Lee, Bong-Sang
    • Nuclear Engineering and Technology
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    • 제44권7호
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    • pp.791-798
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    • 2012
  • Since standardized fracture test specimens cannot be easily extracted from in-service components, several alternative fracture toughness test methods have been proposed to characterize the deformation and fracture resistance of materials. One of the more promising alternatives is the local approach employing the SP(Small Punch) testing technique. However, this process has several limitations such as a lack of anisotropic yield potential and tediousness in the damage parameter calibration process. The present paper investigates estimation of ductile fracture resistance(J-R) curve by FE(Finite Element) analyses using an anisotropic damage model and enhanced calibration procedure. In this context, specific tensile tests to quantify plastic strain ratios were carried out and SP test data were obtained from the previous research. Also, damage parameters constituting the Gurson-Tvergaard-Needleman model in conjunction with Hill's 48 yield criterion were calibrated for a typical nuclear reactor material through a genetic algorithm. Finally, the J-R curve of a standard compact tension specimen was predicted by further detailed FE analyses employing the calibrated damage parameters. It showed a lower fracture resistance of the specimen material than that based on the isotropic yield criterion. Therefore, a more realistic J-R curve of a reactor material can be obtained effectively from the proposed methodology by taking into account a reduced load-carrying capacity due to anisotropy.

초음속 비행체 구조재료에 대한 열기계적 특성 (Thermomechanical Characteristics for Structural Material of Supersonic Vehicle)

  • 김종환;이기범;이경용
    • 한국군사과학기술학회지
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    • 제8권2호
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    • pp.77-87
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    • 2005
  • The thermomechanical characteristics were evaluated for 17-4PH stainless steel widely used in supersonic airframe subjected to both aerodynamic loading and heating. The thermomechanical tests were conducted under both elevated temperature and rapid heating condition from $1^{\circ}C/sec\;to\;28^{\circ}C/sec$. The thermomechanical behaviors under rapid heating were compared with those of elevated temperature after 1/2 hour exposure in terms of yield stress to investigate the influence of heating rates. A heating rate-yield temperature parameter was suggested for rapid heating based on time-temperature parameters, and master yield stress curve was obtained by using these parameters. The experimental results and methodology from this study can be used as basic engineering data when designing supersonic vehicle structures subjected to aerodynamic loading and severe heating environment.

대두 갈색무늬병에 의한 수량감소의 평가 (Assessment of the Soybean Yield Reduction due to Infection of Septoria Brown Spot, Septoria glycines Hemmi)

  • 오정행;권신한
    • 한국응용곤충학회지
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    • 제22권1호
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    • pp.7-14
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    • 1983
  • 2년간에 걸쳐 조사한 대두의 수량감소는 갈색무늬병을 접종한 경우 농약 살포구에 비해 $15.7-16.4\%$ 감소 차였으며 자연감염의 경우에는 $8.2-9.2\%$의 감소를 나타냈다. 갈색무늬병의 감염은 초장, 주당절수(株當節數), 주당분지수(分枝數)에는 큰 영향이 없었으나 주당협수(狹數)와 종실중(種實重)에는 현저한 감소 현상을 보였다. 대두의 수량감소율을 갈색무늬병의 이병율과 정(正)의 상관을 보였으며 그 상관도는 Van der Plank's infection rate (0.156) 보다는 병 진전국선면적(AUBC) 과의 상관도가 높았다$(r=0.388^*)$. 병진전곡선 면적으로 표시된 갈색무늬병의 감염율과 대두수량 감소율과의 관계는 y=4.38+0.5X $(r=0.686^{**},\;df=25)$으로 나타났다.

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유한요소해에 기초한 물성평가 압입이론 (An Indentation Theory Based on FEA Solutions for Property Evaluation)

  • 이형일;이진행
    • 대한기계학회논문집A
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    • 제25권11호
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    • pp.1685-1696
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    • 2001
  • A novel indentation theory is proposed by examining the data from the incremental plasticity theory based finite element analyses. First the optimal data acquisition location is selected, where the strain gradient is the least and the effect of friction is negligible. This data acquisition point increases the strain range by a factor of five. Numerical regressions of obtained data exhibit that strain hardening exponent and yield strain are the two main parameters which govern the subindenter deformation characteristics. The new indentation theory successfully provides the stress-strain curve with an average error less than 5%.

예고기간별 차이를 반영한 부하조정제도 지원금 차등방안 (Variation of Load Management Incentive Considering Prenotification Period)

  • 원종률
    • 전기학회논문지
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    • 제61권11호
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    • pp.1578-1583
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    • 2012
  • There are 3 systems in incentive-based normal load management in Korea; day or hour-ahead, week-ahead, months-ahead. These are originally similar in their operational implementation, but differ in their pre-notification period. Therefore the incentive of these systems should be different according to prenotification period. This is the key problem in implementing these load managements. Customers participating in these load managements feel their economic differences, depending on the risk by prenotification dates. The shorter prenotification period, the more risk take the customers. This paper proposes the method of incentive variation in prenotification difference, by using the theory of financial yield curve, which is used in analysing short and long duration bond interesting rates and is reflecting risk premium in their period.

증분소성이론에 준한 새 압입이론 (A Novel Indentation Theory Based on Incremental Plasticity Theory)

  • 이형일;이진행
    • 대한기계학회:학술대회논문집
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    • 대한기계학회 2000년도 추계학술대회논문집A
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    • pp.185-192
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    • 2000
  • A novel indentation theory is proposed by examining the data from the incremental plasticity theory based finite element analyses. First the optimal data acquisition location is selected, where the strain gradient is the least and the effect of friction is negligible. This data acquisition point increases the strain range by a factor of five. Numerical regressions of obtained data exhibit that strain hardening exponent and yield strain are the two main parameters which govern the subindenter deformation characteristics. The new indentation theory successfully provides the stress-strain curve with an average error less than 3%.

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세장한 콘크리트 기둥의 비선형 안정 해석 (Nonlinear Stability Analysis of Slender Concrete Columns)

  • 김진근;양주경;김원근
    • 한국콘크리트학회:학술대회논문집
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    • 한국콘크리트학회 1992년도 봄 학술발표회 논문집
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    • pp.80-85
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    • 1992
  • A nonlinear second-order analysis program that properly describes the nonlinear behavior of concrete was developed by using the layering technique. As the slenderness ratio of column is increased, the peaks of P-M curve lie remote from the section interaction diagram for the same eccentricities. But the peaks of P-M curve lie rather close to the section interaction diagram for very large eccentricities. In this study , the effects of compressive strength of concrete, longitudinal steel ratio, and yield strength of steel on second-order moment of concrete columns were analyzed. As the compressive strength of concrete and the yield strength of steel are increased, the ratio of peak axial force to maximum axial strength for concentrically loaded short column( Pu/Po) is decreased. But as the longitudinal steel ratio is increased, the ratio , Pu/Po increases.

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