• International Commerce and Information Review
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• v.12 no.1
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• pp.99-121
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• 2010

This paper reviews the categories and properties of risk measures, analyzes the classes and structural equations of volatility forecasting models, and presents the practical methodologies and their expansion methods of estimating and forecasting the volatilities of exchange rates using Excel spreadsheet modeling. We apply the GARCH(1,1) model to the Korean won(KRW) denominated daily and monthly exchange rates of USD, JPY, EUR, GBP, CAD and CNY during the periods from January 4, 1998 to December 31, 2009, make the estimates of long-run variances in the returns of exchange rate calculated as the step-by-step change rate, and test the adequacy of estimated GARCH(1,1) model using the Box-Pierce-Ljung statistics Q and chi-square test-statistics. We demonstrate the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the monthly series except the semi-variance GARCH(1,1) applied to KRW/JPY100 rate. But we reject the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the daily series because of the very high Box-Pierce-Ljung statistics in the respective time lags resulting to the self-autocorrelation. In conclusion, the GARCH(1,1) model provides for the easy and helpful tools to forecast the exchange rate volatilities and may become the powerful methodology to overcome the application difficulties with the spreadsheet modeling.

• 대한공업교육학회지
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• v.30 no.1
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• pp.19-36
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• 2005

The purpose of this study is to develop the Public Practice Center's teaching-learning model by applying blended learning strategies which is complementary to the expected problems such as expansion of the educational object and diversity of the curriculum to maximize the educational effect and to analyze activation types of the Practical Practice Center to expand the Public Practice Center's function and role by studying the document. Blended Learning Strategies are established in consideration of the following eight (8) factors ; learning environment, learning purpose, learning contents, learning time, learning place, learning type, learning media, type of interaction. It is redesigned and amended to the KEDI's individual confirmation instruction model for skill learning (1975) which is considered to be effective in the filed of education by applying features, educational contents of the Public Practice Center's teaching and merit of Blended Learning Strategies simultaneous. This model is composed of six (6) steps as shown below; 1. Understanding on the purpose and orientation 2. Observation for demonstration of fundamental skill 3. Ex on-line learning 4. Acquirement of element skill 5. Confirmation for acquirement of fundamental skill 6. After on-line learning. Further to this, this model is designed so that the above eight factors will be applied to the students effectively and the merit of e-learning and off-line practice will be mixed to the learner's expectation and satisfaction.

• Transactions of Materials Processing
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• v.22 no.3
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• pp.143-149
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• 2013

A new finite element model for the hydrostatic extrusion of a biaxial bar is introduced. In this model, a penalty contact algorithm, which is adopted to replace the traction boundary conditions due to the fluid in the container of the extruder, is incorporated into a consistent penalty finite element formulation for the viscoplastic deformation of a work piece during hydrostatic extrusion. Two parameters, introduced in the penalty contact algorithm in this study, a critical penalty contact pressure $P_0$ and a critical penalty contact distance $D_c$, are carefully examined for various process conditions. The proposed finite element model is applied to the hydrostatic extrusion of a Cu-clad Al bar. The extrusion loads and thickness ratios of the clad materials by the proposed model are compared in detail to values from experiments reported in the literature. Finally, it is concluded that the proposed finite element model is useful in practical implementations.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.29 no.10
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• pp.89-96
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• 2015

Explicit numerical integration methods for power system transient stability simulation require very small time steps to avoid numerical instability. The EXST1 exciter model is a primary source of fast dynamics in power system transients. In case of the EXST1, the required small integration time step for entire system simulation increases the computational demands in terms of running time and storage. This paper presents a practical exciter model reduction approach which allows the increase of the required step size and thus the method can decrease the computational demands. The fast dynamics in the original EXST1 are eliminated in the reduced exciter model. The use of a larger time step improves the computational efficiency. This paper describes the way to eliminate the fast dynamics from the original exciter model based on linear system theory. In order to validate the performance of the proposed method, case studies with the GSO-37 bus system are provided. Comparisons between the original and reduced models are made in simulation accuracy and critical clearing time.

• Journal of Information Technology Services
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• v.7 no.4
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• pp.247-268
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• 2008

This study aims to develop an integration performance measurement model for each stage of information systems integration. In order to achieve the purpose of the research, first of all, the concepts of IS integration or consolidation are analyzed through theoretical and practical reviews. Also, a number of important studies of domestic and overseas cases about the stage models of IS integration or consolidation are critically reviewed. Second, we proposed three step stage model of is integration, Physical Integration stage, Application Integration stage, Service Integration stage, and Also proposed the performance measurement model for each stage of information systems integration. Third, especially in case of performance indicators and performance measurement methodology for physical integration stage are illustratively proposed, based upon the case of NCIA (National Computing Integration Agency) in Korea. This study provides the theoretical basis for reasonably deriving the stage model and performance measurement model for each stage of Information Systems Integration, and they are validating through investigating domestic and foreign practices. The results of this study are very likely to contribute to presenting the practical guideline for desirably implementing is integration or IS consolidation.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.19 no.7
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• pp.15-19
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• 2005

The practical control problems for the lime-delay system is considered. The delay-free characteristics of the Smith Predictor is available only when both the process and it's model are exactly matched. So it does not used widely in practical industrial processes. In this paper, using the 2nd-order plus dead time model in place of the plant model of the Smith Predictor, the proposed controller shows the improved performance in case of the very long time delay. And the range of integral constant of the PI controller is also proposed.

• 제어로봇시스템학회:학술대회논문집
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• 1999.10a
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• pp.145-148
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• 1999

It is known that Volterra kernel models can represent a wide variety of nonlinear chemical processes. Also, it is necessary for Volterra model identification to excite the process to be identified with a signal having wide range of frequency spectrum and high enough amplitude of input signals. Kashiwagi[4 ∼ 7] has recently shown a method for measuring Volterra kernels up to third order using pseudorandom M-sequence signals. However, in practice, since it is not always possible to apply such input sequences to the actual chemical plants. Even when we can apply such a pseudorandom signal to the process, it takes much time to obtain higher order Volterra kernels. Considering these problems, the authors propose here a new method for practical identification of Volterra kernels by use of approximate open differential equation (ODE) model and simple plant test. Simulation results are shown for verifying the usefulness of our method of identification of nonlinear chemical processes.

• Korean Journal of Organic Agriculture
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• v.17 no.4
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• pp.483-499
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• 2009

This research is to establish a theme-type organic edu-farm model and provide ways to practically apply it so as to vitalize urban-rural exchange through the emerging concept of green tourism. This research also traces the practical development of organic edu-farm programs. Organic edu-farm(OEF) should be some of the ideas to develop organic agriculture resources according to the local features, and learn by direct and actual experience a life of organic farm. A few policy suggestions to put OEF model in practical use are proposed. What the state needs to do through direct involvement are to put efforts at demand expansion on organic farm products, to clean and beautify the green rural environmental settings, to build more urban-rural exchange facilities. What is more important, however, is financial support, to create the network and to develop program contents for each OEF operation unit. The OEF model proposed in this research will be applied as a relevant reference in planning and realizing sustainable green tourism at the village level.

• International Journal of Naval Architecture and Ocean Engineering
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• v.3 no.1
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• pp.1-8
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• 2011

In this paper, CFD simulation results for a tanker model are compared with experimental data over a range of wave conditions to verify a capability to predict the sea-keeping performance of practical hull forms. CFD simulations are conducted using WISDAM-X code which is capable of unsteady RANS calculations in arbitrary wave conditions. Comparisons are made of unsteady surface pressures, added resistance and ship motions in regular waves for cases of fully-loaded and ballast conditions of a large tanker model. It is shown that the simulation results agree fairly well with the experimental data, and that WISDAM-X code can predict sea-keeping performance of practical hull forms.

• Journal of Institute of Control, Robotics and Systems
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• v.10 no.8
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• pp.680-688
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• 2004

This paper proposes an observer-based method for adaptive nonlinear guidance. Previously, adaptive nonlinear guidance law is proposed considering target maneuver and control loop dynamics. However, several information of this guidance law is not available, and therefore needs to be estimated for more practical application. Accordingly, considering the unavailable information as bounded time-varying uncertainties, an integrated guidance and control model is re-formulated in normal form with respect to available states including target uncertainties and control loop dynamics. Then, a nonlinear observer is designed based on the integrated guidance and control model. Finally, using the estimates for states and uncertainties, an observer-based adaptive guidance law is proposed to guarantee the desired interception performance against maneuvering target. The proposed approach can be effectively used against target maneuver and the limited performance of control loop. The stability analyses and simulations of the proposed observer and guidance law are included to demonstrate the practical application of our scheme.