• Title/Summary/Keyword: return period

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CLINICAL STUDY OF SENSORY ALTERATIONS AFTER SAGITTAL SPLIT RAMUS OSTEOTOMY (하악지 시상분할 절단술 후 감각 변화에 관한 연구)

  • Choi, Jun-Young;Yoo, Jun-Yeol;Yoon, Bo-Keun;Leem, Dae-Ho;Shin, Hyo-Keun;Ko, Seung-O
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.32 no.2
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    • pp.141-148
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    • 2010
  • The bilateral sagittal split ramus osteotomy (BSSRO) is preferred method of surgical correction for mandibular prognathism, retrognathism and asymmetry. This technique performed from primarily an intraoral incision to avoid a scar. After forward movement of the distal segment of the mandible, healing of bone by primary or secondary intention is easily accomplished through large areas of cancellous bony overlap. When rigid fixation is used for the BSSRO, it is possible to open the mouth during the immediate post-operative period because it promotes the healing process. Although this surgical procedure has been well-documented, the incidence of postoperative trigeminal neurosensory disorder in the region of the inferior alveolar nerve and the mental nerve remains one of the major complication. However, evaluation of objective methods for sensory recovery patterns is insufficient although most patients find their sensory return. Neurometer electrodiagnostic device performs automated neuroselective sensory nerve conduction threshold evaluation by determining current perception threshold (CPT) measures. The purpose of this study was to evaluate the sensory recovery patterns of inferior alveolar and mental nerve over time. Nerve examination with a neurometer was performed in 30 patients undergoing the BSSRO at pre-operative, post-operative 1-, 2-, 4- week, and 2-, 3-, 4-, 5-, 6- month follow-up visits after the osteotomy to compare the differences of nerve injury and recovery patterns after the BSSRO with or without genioplasty and sensory recovery patterns associated with the kind of nerve fiber.

Estimation of Extreme Wind Speeds in Korean Peninsula using Typhoon Monte Carlo Simulation (태풍 시뮬레이션을 통한 한반도 극한풍속 추정)

  • Lee, Sungsu;Kim, Ga Young
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.29 no.2
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    • pp.141-148
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    • 2016
  • The long-span bridges such as Incheon Bridge and Seohae Grand Bridge are located on the coastal region effected frequently by strong wind of typhoons. In order to ensure the wind-resistant performance of the structure, estimation of the proper design wind speed is very important. In this study, stochastic estimation of design wind speed incurred by typhoons is carried out. For this purpose, we first established probability distribution of climatological parameters such as central pressure depth, distance of closest approach, translation speed and heading to build statistical model of typhoons, which are employed in Monte Carlo simulation for hypothetical typhoons. Once a typhoon is generated with statistically justified parameters, wind speeds are estimated along its path using wind field model. Thousands of typhoons are generated and their peak wind speeds are utilized to establish the extreme wind speeds for different return period. The results are compared with design basic wind speeds in Korean Highway Bridge Design Code, showing that the present results agree well with similar studies while the existing code suggests higher design wind speed.

Gross Profitability Premium in the Korean Stock Market and Its Implication for the Fund Distribution Industry (한국 주식시장에서 총수익성 프리미엄에 관한 분석 및 펀드 유통산업에 주는 시사점)

  • Yoon, Bo-Hyun;Liu, Won-Suk
    • Journal of Distribution Science
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    • v.13 no.9
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    • pp.37-45
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    • 2015
  • Purpose - This paper's aim is to investigate whether or not gross profitability explains the cross-sectional variation of the stock returns in the Korean stock market. Gross profitability is an alternative profitability measure proposed by Novy-Marx in 2013 to predict cross-sectional variation of stock returns in the US. He shows that the gross profitability adds explanatory power to the Fama-French 3 factor model. Interestingly, gross profitability is negatively correlated with the book-to-market ratio. By confirming the gross profitability premium in the Korean stock market, we may provide some implications regarding the well-known value premium. In addition, our empirical results may provide opportunities for the fund distribution industry to promote brand new styles of funds. Research design, data, and methodology - For our empirical analysis, we collect monthly market prices of all the companies listed on the Korea Composite Stock Price Index (KOSPI) of the Korea Exchanges (KRX). Our sample period covers July1994 to December2014. The data from the company financial statementsare provided by the financial information company WISEfn. First, using Fama-Macbeth cross-sectional regression, we investigate the relation between gross profitability and stock return performance. For robustness in analyzing the performance of the gross profitability strategy, we consider value weighted portfolio returns as well as equally weighted portfolio returns. Next, using Fama-French 3 factor models, we examine whether or not the gross profitability strategy generates excess returns when firmsize and the book-to-market ratio are controlled. Finally, we analyze the effect of firm size and the book-to-market ratio on the gross profitability strategy. Results - First, through the Fama-MacBeth cross-sectional regression, we show that gross profitability has almost the same explanatory power as the book-to-market ratio in explaining the cross-sectional variation of the Korean stock market. Second, we find evidence that gross profitability is a statistically significant variable for explaining cross-sectional stock returns when the size and the value effect are controlled. Third, we show that gross profitability, which is positively correlated with stock returns and firm size, is negatively correlated with the book-to-market ratio. From the perspective of portfolio management, our results imply that since the gross profitability strategy is a distinctive growth strategy, value strategies can be improved by hedging with the gross profitability strategy. Conclusions - Our empirical results confirm the existence of a gross profitability premium in the Korean stock market. From the perspective of the fund distribution industry, the gross profitability portfolio is worthy of attention. Since the value strategy portfolio returns are negatively correlated with the gross profitability strategy portfolio returns, by mixing both portfolios, investors could be better off without additional risk. However, the profitable firms are dissimilar from the value firms (high book-to-market ratio firms); therefore, an alternative factor model including gross profitability may help us understand the economic implications of the well-known anomalies such as value premium, momentum, and low volatility. We reserve these topics for future research.

Economic Assessment for Flood Control Infrastructure under Climate Change : A Case Study of Imjin River Basin (기후변화를 고려한 홍수방재시설물의 경제성분석 : 임진강 유역사례)

  • Kim, Kyeongseok;Oh, Seungik
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.2
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    • pp.81-90
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    • 2017
  • In Imjin River basin, three floods occurred between 1996 and 1999, causing many casualties and economic losses of 900 billion won. In Korea, flood damage is expected to increase in the future due to climate change. This study used the climate scenarios to estimate future flood damage costs and suggested a real options-based economic assessment method. Using proposed method, the flood control infrastructures in Imjin River basin were selected as a case study site to analyze the economic feasibility of the investment. Using RCP (Representative Concentration Pathway) climate scenarios, the future flood damage costs were estimated through simulated rainfall data. This study analyzed the flood reduction benefits through investment in the flood control infrastructures. The volatility of flood damage reduction benefits were estimated assuming that the RCP8.5 and RCP4.5 climate scenarios would be realized in the future. In 2071, the project option value would be determined by applying an extension option to invest in an upgrading that would allow the project to adapt to the flood of the 200-year return period. The results of the option values show that the two investment scenarios are economically feasible and the project under RCP8.5 climate scenario has more flood damage reduction benefits than RCP4.5. This study will help government decision makers to consider the uncertainty of climate change in the economic assessment of flood control infrastructures using real options analysis. We also proposed a method to quantify climate risk factors into economic values by using rainfall data provided by climate scenarios.

Process Simulation and Economic Feasibility of Upgraded Biooil Production Plant from Sawdust (톱밥으로부터 생산되는 개질 바이오오일 생산공장의 공정모사 및 경제성 분석)

  • Oh, Chang-Ho;Lim, Young-Il
    • Korean Chemical Engineering Research
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    • v.56 no.4
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    • pp.496-523
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    • 2018
  • The objective of this study is to evaluate the economic feasibility of two fast pyrolysis and biooil upgrading (FPBU) plants including feed drying, fast pyrolysis by fluidized-bed, biooil recovery, hydro-processing for biooil upgrading, electricity generation, and wastewater treatment. The two FPBU plants are Case 1 of an FPBU plant with steam methane reforming (SMR) for $H_2$ generation (FPBU-HG, 20% yield), and Case 2 of an FPBU with external $H_2$ supply (FPBUEH, 25% yield). The process flow diagrams (PFDs) for the two plants were constructed, and the mass and energy balances were calculated, using a commercial process simulator (ASPEN Plus). A four-level economic potential approach (4-level EP) was used for techno-economic analysis (TEA) under the assumption of sawdust 100 t//d containing 40% water, 30% equity, capital expenditure equal to the equity, $H_2$ price of $1050/ton, and hydrocarbon yield from dried sawdust equal to 20 and 25 % for Case 1 and 2, respectively. TCI (total capital investment), TPC (total production cost), ASR (annual sales revenue), and MFSP (minimum fuel selling price) of Case 1 were $22.2 million, $3.98 million/yr, $4.64 million/yr, and $1.56/l, respectively. Those of Case 2 were $16.1 million, $5.20 million/yr, $5.55 million/yr, and $1.18/l, respectively. Both ROI (return on investment) and PBP (payback period) of Case 1(FPBU-HG) and Case 2(FPBU-EH) were the almost same. If the plant capacity increases into 1,500 t/d for Case 1 and Case 2, ROI would be improved into 15%/yr.

Uptake Patterns of N and P by Reeds (Phragmites australis) of Newly Constructed Shihwa Tidal Freshwater Marshes (시화지구 인공습지에서 갈대에 의한 질소 및 인 흡수)

  • 노희명;최우정;이은주;윤석인;최영대
    • The Korean Journal of Ecology
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    • v.25 no.5
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    • pp.359-364
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    • 2002
  • This study was conducted to examine the seasonal pattern of N and P uptake by reeds (Phragmites australis) planted in newly constructed Shihwa tidal freshwater marshes. Reed and soil samples were collected from the wetland periodically from June 2000 to May 2002. Reed samples were analyzed for dry weight and content of N and P Soil organic matter content and salinity were also determined. Dry matter content of reed increased during the growing season but decreased in the fall and winter. However, this seasonal pattern was not so evident in the second year. In particular, throughout the measurement period, dry matter content of reed was lowest at a site showing high soil salinity. Regression analyses between dry matter content of reed and soil EC(1:5) suggested that dry matter content per unit square meter would decrease by 1.5 kg with every 1 dS m/sup -1/ increase in soil EC(1:5). The amount of N and P assimilated by reed significantly decreased from the fall and was lowest in the spring. Net decrease in N content from reed during the fall and next spring was calculated as 34.5 and 24.6 g m/sup -2/ in the first and second years, respectively, while the corresponding P loss was 4.0 and 1.8 g m/sup -2/. Soil organic mailer content increased in the fall and winter, but decreased in the spring and summer. The results of this study suggested that the removal of N and P by reed would be considerable during the growing season but the nutrients taken up by reeds would return as detritus to the marshes in the fall and winter. Based on the results of the study, therefore, the harvest of the reed at the latter part of the growth would be recommended to prevent further water quality degradation. However, the long-term effects of reed harvest needs further study.

Cropping Systems for Vegetable Peanut and Environmental Effect of Residue Incorporation in Soil (풋땅콩 작부체계와 수확 후 잔존 유기물의 친환경적 효과)

  • 김정태;배석복;박향미;윤을수;김민태;최진용
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.48 no.6
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    • pp.452-459
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    • 2003
  • A new demand for vegetable peanut (Arachis hypogaea L.) in Korea has increased farmers interest in growing vegetable peanut. Compared to grain peanut production, vegetable peanut production enables the growth period to be shortened by 20 or 30 days and farmers to adopt various cropping systems and to return crop residues in the soil. With the purpose of establishing desirable cropping systems for sustainable vegetable peanut production, three field experiments were conducted from 2000 to 2001 at Milyang, the southeastern part of Korea. Main focuses were given into the effect of cropping systems for vegetable peanut production on each crop's yield and soil sustainability. The cropping systems investigated were single vegetable peanut, peanut-radish-green barley, peanut-barley, and peanut-garlic cropping system, with or without crop residue incorporation in the soil. Among the cropping systems investigated for sustainable vegetable peanut production, peanut-only and peanut-radish-green barley cropping systems showed vulnerable to diseases and lodging while peanut-barley and peanut-garlic cropping systems showed higher stability in response to diseases and lodging, consequently leading to higher yield potential of vegetable peanut production. In the peanut-barley cropping system, both barley and peanut residues returned to the soil played an important role in soil improvement as well as in significantly increased grain yield of peanut and barley. A particular notice was taken to the pronounced increase in Trichoderma population and the amount of nitrogen mineralization induced by the returned barley residue. Soil structure, compactness, pH, and fertility were positively influenced by the returned crop residues, which apparently increased sustainability in vegetable peanut production systems.

The Study of the Fitness on Calculation of the Flood Warning Trigger Rainfall Using GIS and GCUH (GIS와 GCUH를 이용한 돌발홍수 기준우량 산정의 타당성 검토 연구)

  • Shin, Hyun-Suk;Kim, Hong-Tae;Park, Moo-Jong
    • Journal of Korea Water Resources Association
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    • v.37 no.5
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    • pp.407-424
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    • 2004
  • Using geomorphoclimatic unit hydrograph(GCUH), we estimated the fitness to calculate the mountainous area discharge and flash flood trigger rainfall(FFTR). First, we compared the GCUH peak discharge with the existing report using the design storm at the Dukcheon basin. Second, we compared the HEC-HMS(Hydrologic Engineering Center-Hydrologic Modeling System) model and GCUH with the observed discharge using the real rainfall events at the Taesu stage gage. Third, GCUH and NRCS(Natural Resources Conservation Service) were used for calculating FFTR and proper calculation method was shown. At the Dukcheon basin, the comparison result of using design storm was shown in Table 11, and it was not in excess of 1.1, except for the 30 year return period. In case of real rainfall events, the result was shown in Table 12, and GCUH discharges were all larger than the HEC-HMS model discharges, and they were very similar to the observed data at the Taesu stage gage. In this study, we found that GCUH was a very proper method in the calculation of mountainous discharge. At the Dukcheon basin, FFTR was 12.96 mm in the first 10 minutes when the threshold discharge was 95.59 $m^3$/sec.

A CLINICAL STUDY ON SUPERIORLY BASED PLATYSMA MYOCUTANEOUS CERVICAL FLAP FOR RECONSTRUCTION FOLLOWING INTRAORAL SOFT TISSUE CANCER SURGERY (구강내 연조직 암 절제후 상부기조 광경근 근피부 경부 피판을 이용한 구강내 재건에 관한 임상적 연구)

  • Park, Bong-Wook;Byun, June-Ho;Shin, Hee-Suk;Kim, Jong-Ryoul
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.30 no.1
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    • pp.83-91
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    • 2008
  • The goal of reconstruction following ablative therapy for intraoral cancer is the restoration of form and function to permit a return to activities of daily life. Traditional reconstruction includes split thickness skin grafts, myocutaneous flaps and, more recently, various free flaps. Free flaps provide higher level of functional recovery relative to that seen with other techniques but require the complexity of the technique and microvascular anastomosis and thus, extended surgical time and occasionally a second team for harvesting. The platysma myocutaneous cervical flap is a possible alternative for intraoral reconstruction. It is thin and pliable like the tissue provided by the radial forearm free flap. It can be harvested with enough tissue to close most head and neck ablative defects. There is virtually no donor site morbidity involved. This study evaluated 7 patients affected by intraoral squamous cell carcinoma (SCC). All patients underwent the resection of intraoral SCC with neck dissection and subsequent intraoral reconstruction with the superiorly based platysma myocutaneous cervical flap. Flap-related complications occurred in 3 patients. Adjuvant radiation therapy was performed in 3 patients. Average follow-up was 24.1 months after surgery, with a range of 8 to 42 months. All patients presented self assessment of discomfort associated with intraoral recipient sites and cervical donor sites. However, the neck function measured by two-inclinometer technique was within the normal range during relatively long term follow-up period. Our study concluded that superiorly based platysma myocutaneous cervical flap is good alternative to free flaps, especially for relatively smaller defects and for the defects appropriate for the rotation arc of the flap.

Investigation on Response Modification Factor of RC Structural Walls in Apartment Buildings (아파트 건물의 구조 벽체에 대한 반응수정계수)

  • 한상환;오영훈;이리형
    • Journal of the Korea Concrete Institute
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    • v.13 no.6
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    • pp.544-552
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    • 2001
  • Korea is classified into low and moderate seismic zone from the view-point of seismic hazard level. Korean seismic provisions has been developed based on UBC and ATC 3-06. Thus, in calculation of design base shear according to Korean provisions response modification factor (R) is included in the formula of design base shear. The major role of this factor is to reduce the elastic design base shear whereby structures can behave in inelastic range during design level earthquake ground motions(mean return period of 475 yrs.). R factor is assigned according to material and structural systems. In this study, R factor for bearing wall system is considered. Most of the walls of apartment buildings in Korea resist gravity and seismic loads simultaneously so that this wall system can be classified into bearing wall system. Structural details of these walls are different from those used in Japan and U.S.. They are all rectangular in sectional shape rather than barbell in shape, and also have special lateral reinforcement details at the boundaries of a wall. In Korean seismic design provisions(1988), two different values(3.0 and 3.5) of R factor are assigned to the bearing wall systems according to the wall details. However, in updated seismic provisions(2000), only one value is assigned to R factor(3.0) irrespective of wall details. In this study, the design base shear values in Korean seismic design provisions(1988, 2000), ATC 3-06, UBC are compared. Also experimental study was carried out to evaluate the seismic performance of structural walls. For this purpose, five test specimens were made which have special details used in apartment bearing wall systems in Korea. Based on the results of this study, response modification factor for bearing wall system is discussed.