• Journal of ILASS-Korea
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• v.13 no.2
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• pp.79-84
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• 2008

The correlations for cross-flow have not been well established, because of the complexity of breakup and atomization mechanism. A study was performed to investigate the characteristics of spray behaviour of liquid jet in the bag breakup regime injected into low-speed cross-flow with the pressure single-hole nozzle. The shadow-graphy method was used for the cross-flow jet visualization. The experimental variables of liquid jet were nozzle diameter $(0.3mm{\sim}1.0mm)$, injection pressure $(50kPa{\sim}150kPa)$, and the velocity of cross-flow $(27m/s{\sim}42m/s)$. The highest penetration trajectories of liquid jet are governed by the momentum ratio $({\rho}_{\iota}U_{\iota}^2/{\rho}_aU_{cross}^2)$ rather than the Weber number and the new empirical equations of the highest penetration trajectory and breakup point at low-speed corss-flow are established.

• Journal of ILASS-Korea
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• v.22 no.3
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• pp.146-152
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• 2017

An experimental study was carried out to investigate the spray characteristics of non-circular effervescent twin-fluid nozzles. For this purpose, two types of non-circular nozzles (E1, E2) and circular nozzle (C) were used. Three types of aerorators with hole diameters of 1.2, 1.7 and 2.1 mm were used. Each aerorator has a total of 12 holes. It is defined by area ratio which is ratio of exit orifice area and aerator hole area. Experiments were carried out by controlling the amount of air flowing after fixing the flow rate of the liquid, and the nozzle internal pressure and SMD were measured, and the jet image was taken from the nozzles. The discharge coefficients of the three kinds of nozzles were compared with the used in plain orifice's equation and the Jedelsky's equation, and the Jedelsky's equation was found to be about 3 times larger. In addition, empirical formula based on ALR, which is the largest variable in Jedelsky's equation, was derived. The droplet sizes(SMD) were found to be smaller in the non-circular shape than in the circular shape, which is concluded to be caused by the difference of the discharge coefficients.

• Health Policy and Management
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• v.9 no.2
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• pp.1-20
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• 1999

This study was conducted to investigate the predictors of hospital bankruptcy in Korea and to examine the predictive power for 3 types of statistical models of hospital bankruptcy. Data on 17 financial and 4 non-financial indicators of 30 bankrupt and 30 profitable hospitals in 1. 2, and 3 years before bankruptcy were obtained from the hospital performance databank of Korea Institute of Health Services Management. Significant variables were identified through mean comparison of each indicator between bankrupt and profitable hospitals, and the predictive power of statistical models of hospital bankruptcy were compared. The major findings are as follows. 1. Nine out of 21 indicators - fixed ratio, quick ratio, operating profit to total assets, operating profit to gross revenue, normal profit to total assets,normal profit to gross revenue, net profit to gross revenue, inventories turnrounds, and added value per adjusted patient - were found to be significantly predictitive variables in Logit and Probit models. 2. The predicdtive power of discriminant model of hospital bankruptcy in 1. 2, and 3 years before bankruptcy were 85.4, 79.0, and 83.8% respectively. With regard to the predictive power of the Logit model of hospital bankruptcy, they were 82.3, 75.8, and 80.6% respectively, and of the Probit model. 87.1. 80.6, and 88.7% respectively. 3. The predictive power of the Probit model of hospital bankruptcy is better than the other two predictive models.

• Transactions of Materials Processing
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• v.24 no.6
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• pp.395-399
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• 2015

A microstructure-based finite element simulation was conducted to predict the plastic strain ratio (R-value) of a dual-phase (DP) steel. The representative volume elements (RVEs) concept was adopted for the image-based FE modeling and a 3D model was constructed using sequential 2D images. Each phase was considered with the von-Mises yield criterion and the Swift model. The Swift parameters were defined by the empirical equations based on the chemical composition. The developed model was applied to analyze the effect of residual stress on the R-value and stress distribution. In order to consider the residual stress development after cold rolling, 10 % compression was applied in the thickness direction and unloaded before the tensile stress was applied in the rolling direction. The results showed a reasonable prediction for the R-value evolution: a sharp increase at small strains was well described and a transition followed in the downward direction. The R-value evolution was analyzed using the stress distribution change on the π-plane

• KSCE Journal of Civil and Environmental Engineering Research
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• v.11 no.3
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• pp.19-27
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• 1991

In this paper, fracture tests were carried out in order to investigate the fracture behavior of SFRC (Steel Fiber Reinforced Concrete) structures. Thirty six SFRC beams were used in this test. The relationships between loadings, strains, and mid-span deflections of the beams were observed under the three point loading system. From the test results, the effects of percentage of fiber by volume, the fiber aspect ratio and the initial crack depth ratio on the concrete fracture behavior were studied, and the stress intensity factors, the thoughness index, and the flexural strength of SFRC beams were calculated. According to the regression technique, some empirical formulae for predicting the flexural strength of SFRC beams were also suggested.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.20 no.12
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• pp.4053-4061
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• 1996

Internal flow characteristics within Y-jet atomizers and the local drop size distribution and cross-sectional averaged drop size at the outside were investigated with the liquid and air injection pressures, mixing port length of atomizers, and the liquid properties taken as parameters. To examine the effect of the liquid viscosity, glycerin-water mixtures were used in this study. The liquid viscosity plays only a minor role in determining the internal flow pattern and the spatial distribution shape of drops, but the drop sizes themselves generally increase with increasing of the liquid viscosity. An empirical correlation for the liquid discharge coefficient at the liquid port was deduced from the experimental results; the liquid discharge coefficient strongly depends on the liquid flow area at the mixing point which is proportional to the local volumetric quality(.betha.$_{Y}$), and the volumetric quality was included in the correlation. Regardless of the value of the liquid viscosity, the compressible flow through the gas port was well represented by the polytropic expansion process(k=1.2), and the mixing point pressure could be simply correlated to the aspect ratio( $l_{m}$/ $d_{m}$) of the mixing port and the air/liquid mass flow rate ratio( $W_{g}$/ $W_{f}$) as reported in the previous study.udy.udy.y.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.117-123
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• 2020

The objective of this study is to examine whether the four-factor model explains variation in the expected return of stocks on the Stock Exchange of Thailand. The study used individual monthly data for all stock with continuous trading on the Stock Exchange of Thailand. The study used sample data of 429 listed stocks to construct 8 portfolios bases on the industries. In this study, subject to market factors such as size, the book-to-market ratio, the market beta, and stock liquidity are taken into account. The Empirical analysis reveals that not all of the variables included in the four-factor asset pricing model are statistically significant to do affect the formation of the rate of return on stocks calculated on a monthly basis. The result shows that market beta, stock liquidity, and the book-to-market ratio has a significant increase in the rate of return on shares listed on the Consumer Products. It is therefore apparent that at least in respect of monthly analysis, the predictions of bass models in the field of modern finance theory systematic risk measured by the beta coefficient did play a significantly important role in the formation of the rate of return on the Stock Exchange of Thailand.

• Asian Journal of Business Environment
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• v.10 no.4
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• pp.5-13
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• 2020

Purpose: The purpose of this paper is to empirically investigate the relationship between government subsidies and research and development (R&D) investment of animal husbandry companies in China. The moderating effects of firm size, debt ratio, and firm profitability on this relationship are also examined. Research design, data and methodology: The analysis is based on 14 animal husbandry companies listed on the Shanghai and Shenzhen stock exchanges over the period of 2012-2016. Data are obtained from the China Stock Market & Accounting Research (CSMAR) database and the RESSET database, and multiple regression analysis is utilized with the aid of Stata. Results: The empirical results show that government subsidies can promote R&D investment of animal husbandry companies in China. In addition, firm size, debt ratio, and firm profitability have positive moderating effects on the relationship between government subsidies and R&D investment. Conclusions: Based on the results, the paper concludes that government subsidies play an important role in the process of R&D of China's animal husbandry companies. This paper recommends that managers of animal husbandry companies should enhance the utilization efficiency of government subsidies and put great emphasis on R&D investment. The policymakers should implement more incentives to encourage animal husbandry companies to invest more in R&D.

• Journal of Distribution Science
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• v.18 no.11
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• pp.5-13
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• 2020

Purpose: This research investigates the cost behavior of the distribution industry. Specifically, we investigate if the ratio of the increase in costs with an increase in sales is consistent with the ratio of the decrease in costs when sales decrease. Traditionally, cost is assumed to be symmetrical. In the case of the distribution industry, it was expected that the downward rigidity of the cost would be shown because it would be very difficult to decide to adjust resources when sales temporarily decrease. Therefore, studies have looked at Korean capital markets based on manufacturing and steel industries. However, no research has been done on the distribution industry. Research design, data, and methodology: To verify the hypothesis of this study, the asymmetry of cost was measured by Anderson et al. (2003). The sample used 28,695 firm-year data from 2002 to 2019 for the KOSPI and KOSDAQ stock markets. Results: The empirical analysis results are as follows. First, asymmetry of cost was observed in the case of the distribution industry. We confirm cost rigidity when sales decreased. Conclusions. This is the first study to look at cost behavior in the distribution industry, and the downward rigidity of cost in the distribution industry is observed.

• Transactions of the Korean Society of Mechanical Engineers
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• v.17 no.6
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• pp.1423-1430
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• 1993

One of the most important parameters for explosive welding is flyer velocity $V_p$, which principally depends on momentum caused by detonation of explosive. And close dependency with other parameters such as detonation velocity $V_D$, dynamic angle $\beta$, charge ratio R, flyer thickness $t_f$ and stand-off distance d, should be taken accounts for welding design. This paper describes, as a result of experiment, an empirical equation related to relation between $V_p$/$V_D$ and R. The flyer velocity which is estimated by $V_{p}=0.284{\times}R^{0.593}$or $V_{p}=\sqrt[0.2]{2E_G}{\times}R^{0.593}$ can be used in ordinary experiments. And the calculated values of the flyer velocity exhibit better accuracy than those of other investigators.