• Journal of the Korean Operations Research and Management Science Society
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• v.34 no.2
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• pp.1-13
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• 2009

In this paper, we develop theoretical game models to determine the level of government subsidies for banks to provide policy loans to Innovative SMEs(small and medium sized enterprises) through banks, which otherwise would not finance them for the sake of their own profitability. For this, we compare net cash flows of each bank using different strategies against high risk innovative SMEs. A bank can decide whether to provide them loans or not In each period. Following Kim(2003)'s Infinite horizon model on the soft budget constraint, we introduce a situation in which banks compete against each other for higher net long-term payoffs from their loans to innovative SMEs and non-innovative SMEs. From the models, we show that competition among banks in general leads to a tighter decision against innovative SMEs, as a Nash equilibrium. It is not because the government bank is simply loose in providing loans, but because competition among commercial banks for fewer riskier borrowers results in tighter loan decisions against innovative SMEs. Thus, the competitive market for policy loans to innovative SMEs fails to reach the socially optimal level of loans for innovative SMMs. Commercial banks in the competitive market may require additional supports from the government to make up for the differences in their payoffs to support innovative SMEs, possibly much riskier due to moral hazards and poor discounted cash flows. The monopolistic government bank might also request such supports from the government to fund otherwise unqualified SMEs. We calculate an optimal level of governmental support for banks to guarantee funding such high-risk innovative SMEs over periods without deviating from their optimal Nash equilibrium policies.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.16 no.2
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• pp.207-216
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• 2003

In this paper, the finite element method for the elastodynamic axisymmetric fracture analysis is presented in matrix form through the application of the Galerkin method to the time integral equations of motion with no inertia forces. Isoparametric quadratic quadrilateral element and triangular crack tip singular elements with one-quarter node are used in the mesh division of the finite element model. To show the validity and accuracy of the proposed method, the infinite elastic medium with the penny shaped crack is solved first and compared with the analytical solution and the numerical results by the finite difference method and the boundary element method existing in the published literatures, and then the dynamic stress intensity factors of solid and hollow cylinders of finite dimensions haying penny-shaped cracks and internal and external circumferential tracks are computed in detail.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.28 no.2
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• pp.123-130
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• 2015

This paper presents a new formulation for transient simulations of microwave propagation in heterogeneous unbounded domains. In particular, perfectly-matched-layers(PMLs) are introduced to allow for wave absorption at artificial boundaries used to truncate the infinite extent of the physical domains. The development of the electromagnetic PML targets the application to engineering mechanics problems such as structural health monitoring and inverse medium problems. To formulate the PML for plane electromagnetic waves, a complex coordinate transformation is introduced to Maxwell's equations in the frequency-domain. Then the PML-endowed partial differential equations(PDEs) for transient electromagnetic waves are recovered by the application of the inverse Fourier transform to the frequency-domain equations. A mixed finite element method is employed to solve the time-domain PDEs for electric and magnetic fields in the PML-truncated domain. Numerical results are presented for plane microwaves propagating through concrete structures, and the accuracy of solutions is investigated by a series of error analyses.

• Transactions of the Korean hydrogen and new energy society
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• v.26 no.6
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• pp.541-546
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• 2015

Global energy shortage problem is expected to increase driven by strong energy demand growth from developing countries. Nuclear fusion power offers the prospect of an almost infinite source of energy for future generations. Hydrogen isotope storage and delivery system is a important subsystem of a nuclear fusion fuel cycle. Metal hydride is a method of the high-density storage of hydrogen isotope. For the safety storage of hydrogen isotope, depleted uranium (DU) has been widely proposed. But DU needs a safe test because It is a radioactive substance. The authors studied a small-scale DU bed and a medium-scale DU bed for the safety test. And then we made a large-scale DU bed and stored hydrogen isotopes in the bed. Before the hydriding/dehydriding, we tested it's heating and cooling properties and carried out an activation procedure. As a result, Reaction rate of DU-$H_2$ is more rapid than the other metal hydride ZrCo. Through the successful storage result of our large bed, the development possibility of the hydrogen isotope storage technology seems promising.

• The Journal of the Acoustical Society of Korea
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• v.21 no.1
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• pp.73-81
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• 2002

The transmission of vibration energy through beam-plate junctions in vibration intensity analysis called power new analysis (PFA) has been studied. PFA is an analytic tool for the prediction of frequency averaged vibration response of built-up structures at medium to high frequency ranges. The power transmission and reflection coefficients between the semi-infinite beam and plate are estimated using the wave transmission approach. For the application of the power coefficients to practical complex structures, the numerical methods, such as finite element method are needed to be adapted to the power flow governing equation. To solve the discontinuity of energy density at the joint, joint matrix is developed using energy flow coupling relationships at the beam-plate joint. Using the joint matrix developed in this paper, an idealized ship stem part is modeled with finite element program, and vibration energy density and intensity are calculated.

• Journal of Korean Society for Quality Management
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• v.47 no.4
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• pp.911-926
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• 2019

Purpose: In an infinite market competition, companies are adopting management systems to gain a competitive advantage. The expectancy effect of the management system is management performance improvement and accurate measurements. These can be made through quality records with integrity and maintainability. This paper examines the operation of records management standards, which are records, storage and management standards for quality records to understand the needs of records management standards and empathize with their needs. Methods: This paper examines PEC's (Pields Engineering Co., Ltd.) specific processes and standards for integrating individual management systems and establishing records management standards. We also look at the specific features of the Search Tool and Document Storage Management Standards that support records management standards. Results: The integration process of PEC's individual management system consists of five steps. A PDCA-based process was established to erode the confusion and inefficiencies caused by overlap between individual management systems. Also, by accurately grasping corporate competence, PEC established a record management standard suitable for the characteristics of the company. PEC's records management standards are used as a useful standard for organizing quality records, and have an impact on management performance improvement. Conclusion: PEC's records management standards enable the verification of quality performance rates and performance measures. Companies can implement appropriate quality improvement strategies based on the numbers identified by introducing records management standards. Companies can succeed in improving management performance when operating quality management that combines performance measurement techniques and records management standards.

• Transactions of the Korean Society of Mechanical Engineers
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• v.14 no.2
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• pp.453-462
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• 1990

The interaction of forced convection-conduction with thermal radiation in laminar boundary layer over a plate fin is studied numerically. The analysis is based on complete solution whereby the heat conduction equation for the fin is solved simultaneously with the conservation equations for mass, momentum and energy in the fluid boundary layer adjacent to the fin. The fluid is a gray medium and diffusion(Rosseland) approximation is used to describe the radiative heat flux in the energy equation. The resulting boundary value problem are convection-conduction parameter N$_{c}$ and radiation-conduction parameter m, Prandtl number Pr. Numerical results are presented for gases with the Prandtl numbers of 0.7 & 5 with values of N$_{c}$ and M ranging from 0 to 10 respectively. The object of this study is to provide the first results on forced convection-radiation interaction in boundary layer flow over a semi-infinite flay plate which can be used for comparisons with future studies that will consider a more accurate expression for the radiative heat flux. The agreement of the results from the complete solution presented by E. M. Sparrow and those from this paper for the special case of M=0 is good. The overall rate of heat transfer from the fin considering radiative effect is higher than that from the fin neglecting radiative effect. The local heat transfer coefficient with radiative effect is higher than that without radiative effect. In the direction from tip to base, those coefficients decrease at first, attain minimum, and then increase. The larger values of N$_{c}$ M, Pr give rise to larger fin temperature variations and the fin temperature without radiative effect is always higher than that with radiative effect.

• Structural Engineering and Mechanics
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• v.58 no.6
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• pp.1045-1075
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• 2016

Shallow footings are one of the most common types of foundations used to support mid-rise buildings in high risk seismic zones. Recent findings have revealed that the dynamic interaction between the soil, foundation, and the superstructure can influence the seismic response of the building during earthquakes. Accordingly, the properties of a foundation can alter the dynamic characteristics (natural frequency and damping) of the soil-foundation-structure system. In this paper the influence that shallow foundations have on the seismic response of a mid-rise moment resisting building is investigated. For this purpose, a fifteen storey moment resisting frame sitting on shallow footings with different sizes was simulated numerically using ABAQUS software. By adopting a direct calculation method, the numerical model can perform a fully nonlinear time history dynamic analysis to realistically simulate the dynamic behaviour of soil, foundation, and structure under seismic excitations. This three-dimensional numerical model accounts for the nonlinear behaviour of the soil medium and structural elements. Infinite boundary conditions were assigned to the numerical model to simulate free field boundaries, and appropriate contact elements capable of modelling sliding and separation between the foundation and soil elements are also considered. The influence of foundation size on the natural frequency of the system and structural response spectrum was also studied. The numerical results for cases of soil-foundation-structure systems with different sized foundations and fixed base conditions (excluding soil-foundation-structure interaction) in terms of lateral deformations, inter-storey drifts, rocking, and shear force distribution of the structure were then compared. Due to natural period lengthening, there was a significant reduction in the base shears when the size of the foundation was reduced. It was concluded that the size of a shallow foundation influences the dynamic characteristics and the seismic response of the building due to interaction between the soil, foundation, and structure, and therefore design engineer should carefully consider these parameters in order to ensure a safe and cost effective seismic design.

• Journal of the Korean Society of Costume
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• v.33
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• pp.5-25
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• 1997

The purpose of this study was to analyze the characteristics of the Junk Art represented in the second half 20the century fashion. The highly developed material civilization resulted in human alienations environmental distruption. By this fact human being of the 20the century was to overcome social com-plexity. In this respect this research was focused that how the characteristics of the junk Art was expressed in the second half 20th century fashion. The concepts of the Junk Art lied in the creation of art work in the 2-dimentional plane of 3-dimentional space through the application of all junks (wood pieces industrial debris trash ready-made goods etc) cast by the mod-ern industrial society and the mass production system. Juck Art had been further envigorated in the footstep of the development of the collage method based on the creation of object aes-thetics. And junk artists have untitled social environments with art by assembling junks as a way of exploring the material world of cur-rent society and provided infinite possibilities of expressional medium and technique. Above all junk Art has been reflected in the fashion as well as other art. Especially a lot of the fashion design by the use of junks and the expressive image of junks is produced in the 20th century. That is many of fashion designers have always been aware of what is happening in the arts and have always been able to use the dis-coveries and ideas of the artist to help them solve design problems and creat fashion which are new inventive and reflective of their time. The fashion designers of the junk fashion design could be said to have presented much more possibilities and new development for-mulas to modern fashion design and provided a new order of other formative arts. Unlike the negative and destructive punk cyberpunk fashion junk fashion was a positive and optimistic aesthetics. junk fashion that keeps pace with science and the development of technology is devoted to trying to grasp the real form of ultimate re-ality.

• Journal of Digital Convergence
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• v.18 no.10
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• pp.163-173
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• 2020

This study examinined the casual relationship between consulting service characteristics and management performance based on absorption capacity and innovative willingness in order to find out the factors of effective consulting In an age of infinite competition. 131 questionnaires were used to test 8 hypotheses using SPSS 22.0 and SmartPLS(3.3.2). Results are as follows: expertise and consultant knowledge among consulting service characteristics had a significant positive impact on management performance through the company's absorption capacity and innovative willingness. However, the consultant's attitude had no significant effect. This study suggests the necessary of factors that can enhance the consulting effectiveness. We would like to consider and analyze the psychological variables that can enhance the various attributes and management performance of consulting in future research.