• Title/Summary/Keyword: momentum

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Sector Investment Strategy with the Black-Litterman Model (블랙리터만 모형을 이용한 섹터지수 투자 전략)

  • Song, Jung-Min;Lee, Young-Ho;Park, Gi-Gyoung
    • Korean Management Science Review
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    • v.29 no.1
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    • pp.57-71
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    • 2012
  • In this paper, we deal with a sector investment strategy by implementing the black-litterman model that incorporates expert evaluation and sector rotation momentum. Expert evaluation analyzes the relative performance of the industry sector compared with the market, while sector rotation momentum reflects the price impact of significant sector anomaly. In addition, we consider the portfolio impact of sector cardinality and weight constraints within the context of mean-variance portfolio optimization. Finally, we demonstrate the empirical viability of the proposed sector investment strategy with KOSPI 200 data.

Attitude Control of Agile Spacecraft Using Momentum Exchange Devices

  • Lee, Hyun-Jae;Cho, Shin-Je;Bang, Hyo-Choong
    • International Journal of Aeronautical and Space Sciences
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    • v.7 no.2
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    • pp.14-25
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    • 2006
  • This paper is focused on designing an implementable control law to perform spacecraft various missions using momentum exchange devices such as reaction wheels(RWs) and control moment gyros(CMGs). A compact equation of motion of a spacecraft installed with various momentum exchange devices is derived in this paper. A hybrid control law is proposed for precision attitude control of agile spacecraft. The control law proposed in this paper allocates control torque to the CMGs and the RWs adequately to satisfy the precision attitude control and large angle maneuver simultaneously. The saturation problem of reaction wheels and the singularity problem of control moment gyros are considered. The problems are successfully resolved by using the proposed hybrid closed loop control law. Finally, the proposed hybrid control law is demonstrated by numerical simulations.

ANALYSIS OF THE HAUSAT-2 ATTITUDE CONTROL (HAUSAT-2 자세제어 성능 해석)

  • Lee Byung-Hoon;Kim Soo-Jung;Chang Young-Keun
    • Bulletin of the Korean Space Science Society
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    • 2005.04a
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    • pp.133-137
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    • 2005
  • This paper describes the design and performance verification of a pitch momentum bias control system being built by students at the Space System Research Laboratory(SSRL). HAUSAT-2 ADCS(Attitude Determination and Control of Subsystem) op-elation mode is divided into two parts, initial mode and on-orbit mode. This paper describes design of the HAUSAT-2 performance of attitude control results using pitch momentum bias control method in initial mode and on-orbit mode and momentum dumping method.

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THE MASS AND ANGULAR MOMENTUM RELATION OF ECLIPSING BINARIES (식쌍성의 질량과 궤도 각운동량 관계)

  • Oh, Kyu-Dong
    • Journal of Astronomy and Space Sciences
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    • v.15 no.1
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    • pp.83-90
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    • 1998
  • With a total 2780 eclipsing binary systems in the Catalogue of Approximate Photometric and Absolute Elements of Eclipsing Variable Stars by Svechnikov & Kuznetsova(1990), the empirical relations between the systemic mass and orbital argular momentum have been examined. It is found that, during the its evolution, the total orbital argular momentum of the eclipsing binary sustem is not conserved. It decreases gradually, though not at a constant rate, until the system becomes into contact from initially detached via semi-detached system.

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Study on Triaxiality Velocity of COMS induced by Wheel Off-loading

  • Park, Young-Woong;Kim, Dae-Kwan;Lee, Hoon-Hee
    • Bulletin of the Korean Space Science Society
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    • 2008.10a
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    • pp.36.3-36.3
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    • 2008
  • KARI (Korea Aerospace Research Institute) is going to launch a Communication, Ocean and Meteorological Satellite (COMS) at summer of 2009. It will be first thing to be developed for a geostationary satellite through domestic technology. Of course, KARI has performed this development program with EADS Astrium in France since 2005. COMS has the non-symmetric configuration that the solar array is only attached on the south panel. Due to the configuration, momentum of satellite will be rapidly accumulated induced by solar pressure and then 3 wheels of large momentum are located on roll-yaw plane for attitude control. Therefore, to prevent the saturation of wheel momentum, wheel off-loading will be performed two times per day during 10 minutes for each one. At the moment, translation movement on 3-axes direction appears because of using thrusters. In this paper, strategy of the wheel off-loading and triaxiality which is the translation effect on 3-axes are introduced. Consequently, the result of optimized triaxiality considering the wheel off-loading strategy is summarized.

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PSEUDO PROJECTIVE RICCI SYMMETRIC SPACETIMES

  • De, Uday Chand;Majhi, Pradip;Mallick, Sahanous
    • Communications of the Korean Mathematical Society
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    • v.33 no.2
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    • pp.571-580
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    • 2018
  • The object of the present paper is to prove the non-existence of pseudo projective Ricci symmetric spacetimes $(PW\;RS)_4$ with different types of energy momentum tensor. We also discuss whether a fluid $(PW\;RS)_4$ spacetime with the basic vector field as the velocity vector field of the fluid can admit heat flux. Next we consider perfect fluid and dust fluid $(PW\;RS)_4$ spacetimes respectively. Finally we construct an example of a $(PW\;RS)_4$ spacetime.

Numerical Study on the Premixed Flame Instability and Nonlinear Behavior (예혼합화염의 불안정성 및 비선형적 거동에 관한 수치적 연구)

  • Kang, Sang-Hun;Baek, Seung-Wook;Im, Hong G.
    • 한국연소학회:학술대회논문집
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    • 2005.10a
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    • pp.281-286
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    • 2005
  • To understand fundamental characteristics of combustion in a small scale device, the effects of the momentum and heat loss on the stability of laminar premixed flames in a narrow channel are investigated by two-dimensional high-fidelity numerical simulation. A general finding is that momentum loss promotes the Saffman-Taylor (S-T) instability which is additive to the Darrieus-Landau (D-L) instabilities, while the heat loss effects result in an enhancement of the diffusive-thermal (D-T) instability. These effects are also valid in nonlinear behavior of the premixed flame. The simulations of multiple cell interactions are also conducted with heat and momentum loss effects.

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Inertia Estimation of Spacecraft Based on Modified Law of Conservation of Angular Momentum

  • Kim, Dong-Hoon;Choi, Dae-Gyun;Oh, Hwa-Suk
    • Journal of Astronomy and Space Sciences
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    • v.27 no.4
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    • pp.353-357
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    • 2010
  • In general, the information of inertia properties is required to control a spacecraft. The inertia properties are changed by some activities such as consumption of propellant, deployment of solar panel, sloshing, etc. Extensive estimation methods have been investigated to obtain the precise inertia properties. The gyro-based attitude data including noise and bias needs to be compensated for improvement of attitude control accuracy. A modified estimation method based on the law of conservation of angular momentum is suggested to avoid inconvenience like filtering process for noise-effect compensation. The conventional method is modified and beforehand estimated moment of inertia is applied to improve estimation efficiency of product of inertia. The performance of the suggested method has been verified for the case of STSAT-3, Korea Science Technology Satellite.

Disintegration of Cryogenic Jet in Super-critical Environment (초임계 환경으로 분사되는 극저온 제트의 분열)

  • Lee, Keonwoong;Kim, Dohun;Koo, Jaye
    • Journal of ILASS-Korea
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    • v.18 no.3
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    • pp.140-145
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    • 2013
  • Sub/supercritical spray experiments were conducted, and cryogenic nitrogen and gaseous argon were selected for simulants. liquid nitrogen and gaseous argon were injected in subcritical case, and supercritical nitrogen and near-critical gaseous argon were injected in near-critical/supercritical cases. shadowgraph method was used to visualize spray, and analyzed about the breakup length. The breakup length was measured from numbers of Instantaneous shadowgraph Images from each case, and they were compared with momentum flux ratios and density ratios. It was observed that the relation between breakup length and momentum flux ratio was fitted into former experiment results. and the reasonable constant was suggested about the relation between breakup length and density ratio.

Experimental Investigation on the Flow Characteristics of High Pressurized Jet with Nozzle Aspect Ratio (노즐 형상비에 따른 고압분사의 유동 특성에 관한 실험적 연구)

  • Lee, Sang-Jin;Namkung, Jung-Hwan;Rho, Byung-Joon
    • Proceedings of the KSME Conference
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    • 2003.04a
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    • pp.2031-2036
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    • 2003
  • High-pressurized jet is widely using in industrial works. however, few papers studied on the performances or characteristics on that kind of nozzles. And in this study, some flow characteristics with the variation of nozzle aspect ratios such as mean velocity distributions, momentum variations along the center line have been experimentally investigated. As the results, some semi-empirical correlations of profiles of pressure and mean velocity distributions, momentum conservations with the nozzle aspect ratios are formulated. It is expected that these empirical formula can be applied for the random estimations of nozzle performances.

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