• Nuclear Engineering and Technology
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• v.49 no.5
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• pp.979-988
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• 2017

The feasibility of cooling in a pressurized heavy water reactor after a large break loss-of-coolant accident has been analyzed using Multidimensional Analysis of Reactor Safety-KINS Standard code during the recirculation phase. Through evaluation of sensitivity of the fuel channel temperature to various effective recirculation flow areas, it is determined that proper cooling of the fuel channels in the broken loop is feasible if the effective flow area remains above approximately 70% of the nominal flow area. When the flow area is reduced by more than approximately 25% of the nominal value, however, incipience of boiling is expected, after which the thermal integrity of the fuel channel can be threatened. In addition, if a dramatic reduction of the recirculation flow occurs, excursions and frequent fluctuations of temperature in the fuel channels are likely to be unavoidable, and thus damage to the fuel channels would be anticipated. To resolve this, emergency coolant supply through the newly installed external injection path can be used as one alternative means of cooling, enabling fuel channel integrity to be maintained and permanently preventing severe accident conditions. Thus, the external injection flow required to guarantee fuel channel coolability has been estimated.

• Geomechanics and Engineering
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• v.18 no.5
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• pp.459-469
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• 2019

It is important to estimate the shear strength of shallow compacted soils as a construction material. A series of constant water content triaxial compression (CWCC) tests under low confining state in this study were performed on compacted geomaterials. For establishing a relationship of the shear strengths between saturated and unsaturated states on compacted geomaterials, the suction stresses were derived by two methods: the conventional suction-measured method and the Suction stress-SWRC Method (SSM). Considering the suction stress as an equivalent confining stress component in the (${\sigma}_{net}$, ${\tau}$) plane, it was found that the peak deviator stress states agree well with the failure line of the saturated state from the triaxial compression test when the SSM is applied to obtain the suction stress. On the other hand, the cavitation phenomenon on the measurement of suction affected the results of the conventional suction-measured method. These results mean that the SSM is distinctly favorable for obtaining the suction value in the CWCC test because the SSM is not restricted by the cavitation phenomenon. It is expected that the application of the SSM would reduce the time required, and the projected cost with the additional equipment such as a pore water measuring device in the CWCC test.

• Nuclear Engineering and Technology
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• v.54 no.3
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• pp.1003-1015
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• 2022

The new methodologies to derive discharge limits considering operational flexibility according to international safety standards were developed to help reduce the environmental releases of radioactive effluents from nuclear power plants (NPPs). To overcome the limitations of the two existing methods to set up discharge limits assuming a specific statistical distribution of the effluent discharge, two modified equations were newly proposed to directly derive a particular discharge limits corresponding to the target 'compliance probability' based on the actual annual discharge data for a specific NPP and radionuclide groups. By applying these to the actual yearly discharge data of 14 Korean NPPs for 7 radionuclide groups for the past 20 years, the applicability of two new methodologies to actual cases was demonstrated. The 'characteristic value' with approximately a 90% compliance probability for each Korean NPP and radionuclide group was proposed based on the results. The new approaches for setting up the discharge limits and the characteristic values developed in this study are expected to be effectively utilized to foster operator's efforts to progressively reduce the environmental releases of radioactive effluents of NPPs relative to the previous discharge data considering operational flexibilities.

• Nuclear Engineering and Technology
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• v.55 no.9
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• pp.3506-3513
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• 2023

In this paper, we demonstrate the neutron attenuation of dry cask shielding materials using the S670e helium-4 detector manufactured by Arktis Radiation Ltd. In particular, two materials expected to be applied to the TN-32 dry cask manufactured by ORANO Korea and KORAD-21 by the Korea Radioactive Waste Agency (KORAD) were utilized. The measured neutron attenuation was compared with our Monte Carlo N-Particle Transport simulation results, and the difference is given as the root mean square (RMS). For the fast neutron case, a rapid decline in neutron counts was observed as a function of increasing material thickness, exhibiting an exponential relationship. The discrepancy between the experimentally acquired data and simulation results for the fast neutron was maintained within a 2.3% RMS. In contrast, the observed thermal neutron count demonstrated an initial rise, attained a maximum value, and exhibited an exponential decline as a function of increasing thickness. In particular, the discrepancy between the measured and simulated peak locations for thermal neutrons displayed an RMS deviation of approximately 17.3-22.4%. Finally, the results suggest that a minimum thickness of 5 cm for Li-6 is necessary to achieve a sufficiently significant cross-section, effectively capturing incoming thermal neutrons within the dry cask.

• Journal of the Korean Institute of Landscape Architecture
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• v.50 no.3
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• pp.19-34
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• 2022

This study was conducted to provide basic data that can be used when establishing Net Zero policies and implementation plans for non-urban settlements by quantitatively analyzing the Net Zero contribution to green infrastructure in rural areas corresponding to non-urban settlements. The main purpose is to first, systematize green infrastructure in rural areas, secondly derive basic units for each element of green infrastructure, and thirdly quantify and present the impact on Net Zero in Korea using these. In this study, CVR(Content Validity Ration) analysis was performed to verify the adequacy of green infrastructure elements in rural areas derived through research and analysis of previous studies, is as follows. First, Hubs of Green infrastructure in rural area include village forests, wetlands, farm land, and smart farms with a CVR value of .500 or higher. And Links of Green infrastructure in rural area include streams, village green areas, and LID (rainwater recycling). Second, the basic unit for each green infrastructure element was presented by classifying it into minimum, maximum, and median values using the results of previous studies so that it could be used for spatial planning and design for Net Zero. Third, when Green infrastructure in rural areas is applied to non-urban settlements in Korea, it is analyzed that it has the effect of indirectly reducing CO₂ by at least 70.76 million tons and up to 141.16 million tons. This is 3.4 to 6.7 times the amount of CO₂ emission from the agricultural sector in 2019, and it can be seen that the contribution to Net Zero is very high. It is expected to greatly contribute to the transformation of the ecosystem. This study quantitatively presented the carbon-neutral contribution to settlements located in non-urban areas, and by deriving the carbon reduction unit for each element of green infrastructure in rural areas, it can be used in spatial planning and design for carbon-neutral at the village level. It has significance as a basic research. In particular, the basic unit of carbon reduction for each green infrastructure factors will be usable for Net Zero policy at the village level, presenting a quantitative target when establishing a plan, and checking whether or not it has been achieved. In addition, based on this, it will be possible to expand and apply Net Zero at regional and city units such as cities, counties, and districts.

• The Korean Journal of Financial Management
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• v.9 no.1
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• pp.223-262
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• 1992

This paper develops a theory of the demand for insurance. The present model incorporates insurance demand time value of insurance premium, and demand for listless and risky assets simultaneously within the expected utility framework. For a special case of CARA, an insurance decision can be made separately from other portfolio decisions. However, in general, the interactions of both decisions cannot be ignored even when insurable and speculative risks are stochastically independent. In particular, the role of risky investment in hedging insurable risk is demonstrated and it is shown that this role cannot be duplicated by an insurance contract. When the investment decision is made simultaneously with the insurance decision, some of the classic theory on insurance should be modified. As an example, the authors characterize the sufficient conditions, under which the Bernoulli criteria (without and with premium loadings) hold or are violated in terms of the net gain of risky investment, the net cost of insurance, and the stochastic relationship between insurable and speculative risks. The authors interpret the results using the Rothschild and Stiglitz's (1970) notion of 'increase in riskiness'.

• Nuclear Engineering and Technology
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• v.41 no.3
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• pp.247-270
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• 2009

This paper reviews studies on information searching behavior in process control systems and discusses some implications learned from previous studies for use in human factors studies on nuclear power plants (NPPs) main control rooms (MCRs). Information searching behavior in NPPs depends on expectancy, value, salience, and effort. The first quantitative scanning model developed by Senders for instrument panel monitoring considered bandwidth (change rate) of instruments as a determining factor in scanning behavior. Senders' model was subsequently elaborated by other researchers to account for value in addition to bandwidth. There is also another type of model based on the operator's situation awareness (SA) which has been developed for NPP application. In these SA-based models, situation-event relations or rules on system dynamics are considered the most significant factor forming expectancy. From the review of previous studies it is recommended that, for NPP application, (1) a set of symptomatic information sources including both changed and unchanged symptoms should be considered along with bandwidth as determining factors governing information searching (or visual sampling) behavior; (2) both data-driven monitoring and knowledge-driven monitoring should be considered and balanced in a systematic way; (3) sound models describing mechanisms of cognitive activities during information searching tasks should be developed so as to bridge studies on information searching behavior and design improvement in HMI; (4) the attention-situation awareness (A-SA) modeling approach should be recognized as a promising approach to be examined further; and (5) information displays should be expected to have totally different characteristics in advanced control rooms. Hence much attention should be devoted to information searching behavior including human-machine interface (HMI) design and human cognitive processes.

• Environmental and Resource Economics Review
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• v.19 no.4
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• pp.829-852
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• 2010

The investment in Clean Development Mechanism (CDM) projects is increasing rapidly as the first implementation period began in 2008. This paper examines on the optimal level of primary Certified Emission Reduction (CER) price, subsidiary original projects investment cost and expected issues CER per year, using UNFCCC CDM Project Design Document (PDD) data. Real option model is developed to incorporate a case where the investment is irreversible and underlying asset price is uncertainty. This study employs Real option approach which allow the optimal level regard as economic feasibility of CER price has analyzed with NPV (Net Present Value) and Black-Scholes call option(Real option) value. Finally, CER supply curve and price elasticity of supply are estimated.

• Management & Information Systems Review
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• v.22
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• pp.137-165
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• 2007

It seems high time to increase productivity by adopting e-business to overcome challenges posed by both external factors including the appreciation of Korean won, oil hikes and fierce global competition and domestic issues represented by disparities between large corporations and small and medium enterprises (SMEs), Seoul metropolitan and local cities, and export and domestic demand all of which weaken future growth engines in the Korean economy. The demands of the globalization era are for innovative changes in businessprocess and industrial structure aiming for creating new values. To this end, e-business is expected to play a core role in the sophistication of the Korean economy through new values and innovation. In order to examine business performance in e-business-adopting industries, this study analyzed the home shopping industry by closely looking into the financial ratios including the ratio of net profit to sales, the ratio of operation income to sales, the ratio of gross cost to sales cost, the ratio of gross cost to selling, general and administrative (SG&A) expense, and return of investment (ROI). This study, for best outcome, referred to corporate financial statements as a main resource to calculate financial ratios by utilizing Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service, one of the Korea's financial supervisory authorities. First of all, the result of the trend analysis on the ratio of net profit to sales is as following. CJ Home Shopping has registered a remarkable increase in its ratio of net profit rate to sales since 2002 while its competitors find it hard to catch up with CJ's stunning performances. This is partly due to the efficient management compared to CJ's value of capital. Such significance, if the current trend continues, will make the front-runner assume the largest market share. On the other hand, GS Home Shopping, despite its best organized system and largest value of capital among others, lacks efficiency in management. Second of all, the result of the trend analysis on the ratio of operation income to sales is as following. Both CJ Home Shopping and GS Home Shopping have, until 2004, recorded similar growth trend. However, while CJ Home Shopping's operating income continued to increase in 2005, GS Home Shopping observed its operating income declining which resulted in the increasing income gap with CJ Home Shopping. While CJ Home Shopping with the largest market share in home shopping industryis engaged in aggressive marketing, GS Home Shopping due to its stability-driven management strategies falls behind CJ again in the ratio of operation income to sales in spite of its favorable management environment including its large capital. Companies in the Group B were established in the same year of 2001. NS Home Shopping was the first in the Group B to shift its loss to profit. Woori Home Shopping has continued to post operating loss for three consecutive years and finally was sold to Lotte Group in 2007, but since then, has registered a continuing increase in net income on sales. Third of all, the result of the trend analysis on the ratio of gross cost to sales cost is as following. Since home shopping falls into sales business, its cost of sales is much lower than that of other types of business such as manufacturing industry. Since 2002 in gross costs including cost of sales, SG&A expense, and non-operating expense, cost of sales turned out to have remarkably decreased. Group B has also posted a notable decline in the same sector since 2002. Fourth of all, the result of the trend analysis on the ratio of gross cost to SG&A expense is as following. Due to its unique characteristics, the home shopping industry usually posts ahigh ratio of SG&A expense. However, more than 80% of SG&A expense means the result of lax management and at the same time, a sharp lower net income on sales than other industries. Last but not least, the result of the trend analysis on ROI is as following. As for CJ Home Shopping, the curve of ROI looks similar to that of its investment on fixed assets. As it turned out, the company's ratio of fixed assets to operating income skyrocketed in 2004 and 2005. As far as GS Home Shopping is concerned, its fixed assets are not as much as that of CJ Home Shopping. Consequently, competition in the home shopping industry, at the moment, is among CJ, GS, Hyundai, NS and Woori Home Shoppings, and all of them need to more thoroughly manage their costs. In order for the late-comers of Group B and other home shopping companies to advance further, the current lax management should be reformed particularly on their SG&A expense sector. Provided that the total sales volume in the Internet shopping sector is projected to grow over 20 trillion won by the year 2010, it is concluded that all the participants in the home shopping industry should put strategies on efficient management on costs and expenses as their top priority rather than increase revenues, if they hope to grow even further after 2007.

• Asian-Australasian Journal of Animal Sciences
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• v.30 no.10
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• pp.1396-1404
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• 2017

Objective: This study was determined the influence of virginiamycin supplementation on growth-performance and characteristics of digestion of cattle with decreasing dietary net energy value of the diet for maintenance ($NE_m$) from 2.22 to 2.10 Mcal/kg. Methods: Eighty crossbred beef steers ($298.2{\pm}6.3kg$) were used in a 152-d performance evaluation consisting of a 28-d adaptation period followed by a 124-d growing-finishing period. During the 124-d period steers were fed either a lesser energy dense (LED, $2.10Mcal/kg\;NE_m$) or higher energy dense (HED, $2.22Mcal/kg\;NE_m$) diet. Diets were fed with or without 28 mg/kg (dry matter [DM] basis) virginiamycin in a $2{\times}2$ factorial arrangement. Four Holstein steers ($170.4{\pm}5.6kg$) with cannulas in the rumen (3.8 cm internal diameter) and proximal duodenum were used in $4{\times}4$ Latin square experiment to study treatment effects on characteristics of digestion. Results: Neither diet energy density nor virginiamycin affected average daily gain (p>0.10). As expected, dry matter intake and gain efficiency were greater (p<0.01) for LED- than for HED-fed steers. Virginiamycin did not affect estimated net energy value of the LED diet. Virginiamycin increased estimated NE of the HED diet. During daylight hours when the temperature humidity index averaged $81.3{\pm}2.7$, virginiamycin decreased (p<0.05) ruminal temperature. Virginiamycin did not influence (p>0.10) ruminal or total tract digestion. Ruminal (p = 0.02) and total tract digestion (p<0.01) of organic matter, and digestible energy (p<0.01) were greater for HED vs LED. Ruminal microbial efficiency was lower (p<0.01) for HED vs LED diets. Conclusion: The positive effect of virginiamycin on growth performance of cattle is due to increased efficiency of energy utilization, as effects of virginiamycin on characteristics of digestion were not appreciable. Under conditions of high ambient temperature virginiamycin may reduce body temperature.