• Journal of Industrial Convergence
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• v.1 no.1
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• pp.127-142
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• 2003

This Study examines the implications for event studies using the daily stock data. The output present the event study results. The event period is defined from 30 days before through 30 days after the event date, and is broken into four "windows" for abnormal return cumulation: the pre-event period, days -30 through -2; dajys -1 and 0, a period commonly investigated for the immediate impact of the event; and the post-event period, days +1 through +30. It shows how firm's information offerings affect the price process and consequent issues. The Patell Z test is an examples of a standardized abnormal return approach, which estimate a separate standard error for each security-event and assumes cross-sectional independence. The generalized sign test adjusts for the fraction of positive abnormal returns in the estimation period instead of assuming 0.5.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.43 no.2
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• pp.1-13
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• 2020

There are several methods of peak-shaving, which reduces grid power demand, electricity bought from electricity utility, through lowering "demand spike" during On-Peak period. An optimization method using linear programming is proposed, which can be used to perform peak-shaving of grid power demand for grid-connected PV+ system. Proposed peak shaving method is based on the forecast data for electricity load and photovoltaic power generation. Results from proposed method are compared with those from On-Off and Real Time methods which do not need forecast data. The results also compared to those from ideal case, an optimization method which use measured data for forecast data, that is, error-free forecast data. To see the effects of forecast error 36 error scenarios are developed, which consider error types of forecast, nMAE (normalizes Mean Absolute Error) for photovoltaic power forecast and MAPE (Mean Absolute Percentage Error) for load demand forecast. And the effects of forecast error are investigated including critical error scenarios which provide worse results compared to those of other scenarios. It is shown that proposed peak shaving method are much better than On-Off and Real Time methods under almost all the scenario of forecast error. And it is also shown that the results from our method are not so bad compared to the ideal case using error-free forecast.

• Environmental and Resource Economics Review
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• v.24 no.4
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• pp.657-677
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• 2015

We employ a 3 regime-threshold vector error correction models (TVECM) to investigate the nonlinear dynamic adjustments of three marker crude oil prices such as WTI (West Texas Intermediate), Brent and Dubai. Especially we deal with 3 combinations of oil prices including WTI-Brent, WTI-Dubai and Brent-Dubai in order to analyze the dynamic adjustments of the prices based on the effects of the price spreads among these crude oil prices. Our daily spot prices data run from 2001.1.3 to 2014.12.31. We found that each combination is cointegrated over the period. WTI had dropped significantly in 2010 which had affected the movements of the spreads. To accomodate this fact, we divide the period into two sub-periods: 2000.1.3-2009.12.31 and 2010.1.1-2014.12.31. It is found that each combination is cointegrated in both sub-periods. Moroever, in the first sub-period, all three oil prices are shown to follow nonlinear dynamic adjustments. In the second sub-period, however, TVECM is better than VECM(vector error correction model) for WTI-Dubai and Brent-Dubai while VECM performs better for WTI-Brent. The transaction costs are estimated to be reduced for the second sub-period for WTI-Dubai and Brent-Dubai compared to the first sub-period.

• Journal of the Korean Society of Earth Science Education
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• v.5 no.2
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• pp.139-147
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• 2012

The purpose of this study was to explain how extraordinary the scientific technology or our ancestor was from the modern perspective by remodeling the most unique astronomical instrument, So-ganui (小簡儀), developed in the Sejong Period (世宗時代) after being examined with contemporary and the principles of the science and observational technology would be properly understood and measured directly. When measuring the altitude of the sun and azimuth using So-ganui, it was adjusted with the horizontal coordinate system and measured using Jipyeonghwan (地平環), Ipeunhwan (立運環) and Guyhyeong (窺衡). Based such measuring principles, the measurement accuracy proposed using So-ganui are as follows. The remodeled So-ganui produced approximately ${\pm}0.29$ degrees error on average at high altitude while in measuring the azimuth degrees, there was difference of ${\pm}0.35$ degrees. Since the theoretically, the measurement error for So-ganui was ${\pm}0.5$ degrees, the remodeled So-ganui could accurately measure at the high altitude compared to So-ganui from the Sejong period. In the study, So-ganui, which has disappeared, has been remodeled in modern perspective to be used as the educational material to accurately understand the principles of science and measurement technology from the Sejong period. The findings could contribute to raising the reputation in the astronomical observations from the documents from the Sejong period. Furthermore, this study has materialized the celestial and sky our ancestors have viewed with the observational principles of their times, on the computer screen via a webcam, bringing out interest in the traditional science for the students.

• Journal of the Korean Institute of Telematics and Electronics B
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• v.31B no.3
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• pp.53-59
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• 1994

A new fully differential sample-and-hold circuit which can effectively compensate the offset voltage of an operational amplifier and the charge injection of a MOS switch is presented. The proposed circuit shows a true sample-and-hold function without a reset period or an input-track period. The prototype fabricated using a 1.2$\mu$m double-polysilicon CMOS process occupies an area of 550$\mu$m$\times$288$\mu$m and the error of the sampled ouput is 0.056% on average for 3V input at DC.

• Atmosphere
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• v.26 no.4
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• pp.541-551
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• 2016

A real-time quality control algorithm for $PM_{10}$ concentration measured by Continuous Ambient Particulate Monitor (FH62C14, Thermo Fisher Scientific Inc.) has been developed. The quality control algorithm for $PM_{10}$ data consists of five main procedures. The first step is valid value check. The values should be within the acceptable range limit. Upper ($5,000{\mu}g\;m^{-3}$) and lower ($0{\mu}g\;m^{-3}$) values of instrument detectable limit have to be eliminated as being unrealistic. The second step is valid error check. Whenever unusual condition occurs, the instrument will save error code. Value having an error code is eliminated. The third step is persistence check. This step checks on a minimum required variability of data during a certain period. If the $PM_{10}$ data do not vary over the past 60 minutes by more than the specific limit ($0{\mu}g\;m^{-3}$) then the current 5-minute value fails the check. The fourth step is time continuity check, which is checked to eliminate gross outlier. The last step is spike check. The spikes in the time series are checked. The outlier detection is based on the double-difference time series, using the median. Flags indicating normal and abnormal are added to the raw data after quality control procedure. The quality control algorithm is applied to $PM_{10}$ data for Asian dust and non-Asian dust case at Seoul site and dataset for the period 2013~2014 at 26 sites in Korea.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.2
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• pp.835-839
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• 2013

In this paper, We operate at a relatively low BER or using forward error control coding techniques on ways to increase the capacity of optical communication systems research. Coding gain is defined as the ratio of the probability of the coded signal and coding of error signal. Coding gain is increased, partly because of the period, to reduce the value of the optimal coding of the signal error probability decreases because of the effective bit binary symbol duration is longer than can be ignored. Transmission capacity on the coding gain for various code rates, which show the extent of up to 75Gb/s transmission capacity to get through it was confirmed that these coding techniques.

• Journal of information and communication convergence engineering
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• v.9 no.5
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• pp.615-618
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• 2011

Living cells generate the cell cycle or apoptosis, depending on the course will be repeated. If an error occurs during this period of life in order to maintain the cells in the peripheral cells find the error portion. These cellular functions were applied to the system to simulate the circuit. Circuit implementation of the present study was constructed the redundant structure in order to found the error quickly. Self-repairing of digital systems as an advanced form of fault-tolerance has been increasingly receiving attention according as digital systems have been more and more complex and speed-up especially for urgent systems or those working on extreme environments such as deep sea and outer space. Simulating the process of cell differentiation algorithm was confirmed by the FPGA on the counter circuit. If an error occurs on the circuit where the error was quickly locate and repair. In this paper, we propose a novel self-repair architecture for fast and robust fault-recovery that can easily apply to real, complex digital systems. These Self-Repairing Algorithms make it possible for the application digital systems to be alive even though in very noisy and extreme environments.

• The Journal of the Acoustical Society of Korea
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• v.22 no.5
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• pp.345-350
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• 2003

Acoustic intensity is usually estimated by the cross-spectrum of acoustic pressure at two adjacent microphones. The cross-spectrum calculated by digital Fourier transform technique will unavoidably have leakage error since the period of signal will not be usually coincident with record length. Therefore, the acoustic intensity estimated by the conventional FFT analyzer will show distorted value. In this paper, the expression of the Fourier transformed data of a harmonic signal with a single frequency is formulated when there is leakage error. The method to eliminate the effect of leakage error from the contaminated data is also proposed. Some numerical examples show the validation of the proposed method.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2017.10a
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• pp.520-521
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• 2017

The converted error is occurred by the time difference between the time interval signal and the clock in a Time-to-Digital Converter of counter-type. If the clock period is $T_{CLOCK}$ the converted error is a maximum $T_{CLOCK}$ by the time difference between the start signal and the clock. And the converted error is a maximum $-T_{CLOCK}$ by the time difference between the stop signal and the clock. However, when the clock is synchronized with the start signal and the colck is generated during the time interval signal the range of converted digital error is from 0 to $(1/2)T_{CLOCK}$.