• Title/Summary/Keyword: 최적의 시기

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Time to Invest in Real Asset with Option Pricing Theory - Focused on REITs - (옵션가격결정이론에 기반한 실물자산의 투자시기 결정 - 부동산투자신탁회사(REITs)를 중심으로 -)

  • Jun, Jae-Bum;Lee, Sam-Su
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.6
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    • pp.54-64
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    • 2010
  • A firm decides to go to the project based on its investment analysis. However, the cash flows generated from the real project can not be always coincident with what expected as it follows uncertain behavior and the asymmetric payoff caused by the managerial flexibilities involved in the real asset affects the project value. Amongst various managerial flexibilities entailed in most of the real assets, although investment delay has been known to enhance the project value thanks to its ability to provide new market information to management, the related research to select the time to invest have been just few. Therefore, this research aims to show the theoretical framework to decide when to invest reflecting the behaviors of increasing project value and loss recovery cost due to investment delay with option pricing, related financial economic, and variational theories.

Study on The Optimal Software Release Time Methodology (소프트웨어 치적 배포시기 결정 방법에 대한 고찰)

  • 이재기;박종대;남상식;김창봉
    • Journal of the Institute of Electronics Engineers of Korea CI
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    • v.40 no.2
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    • pp.26-37
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    • 2003
  • An optimal software release, which is related to the development cost, error detection and correction under the various operation systems, is a critical factor for managing project. This paper described optimal software release issues to predict the release time of large switching system with the system stability point of view and evaluated a timely supply of target system, proper utilization of resources under the software reliability valuation basis. Finally, Using initial failure data, based on the exponential reliability growth model methodology, optimal release time, and analysis of failure data during the system testing and managing methodologies were presented.

Growth characters and harvest time for the artificial cultivation of Mycoleptodonoides aitchisonii (침버섯 인공재배 생육 특성과 수확 최적 시기)

  • Kim, Young;Jung, Bo-Mi;Wi, An-Jin;Park, Whoa-Shig;Bang, Mi-Ae;Park, Dae-Hun;Seo, Joung-Wook;Oh, Deuk-Sil
    • Journal of Mushroom
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    • v.13 no.2
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    • pp.114-118
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    • 2015
  • Mycoleptodonoides aitchisonii has been used a culinary material and traditional medicine for a long time in worldwide and recently the researches to find biological effects have been increased such as dopamine activation, preventive effect against phytopathogens, inhibitive effect against erythrocyte coagulation, anti-oxidative effect, anti-tumorigenic effect, etc. However it is hard to cultivate Mycoleptodonoides aitchisonii it is impossible to be mass-produced and in order to solve the problem in this study we found the appropriate cultivation period and the harvest point for it. For life cycle (from primordium formation to harvest) the morphology, weight, and quantity of polysaccharide of Mycoleptodonoides aitchisonii were measured using with 5 bodies per a day and it could be divided for 4 stages; primordium formation, growth, needle maturation, and aging. And then from the results the Zeide nonlinear growth curve could be gotten. At 13th day after cultivation there is the relation between the change of media weight and body weight and at 14th day after cultivation the rate of polysaccharide in the body was 11 %. However in the case of O2 insufficient supply the malformation of them was observed.

Effects of Fuel Injection Timing on Exhaust Emissions Characteristics of Biodiesel Blend Oil in Diesel Engine (디젤기관에서 바이오디젤 혼합유의 배기배출물 특성에 미치는 연료분사시기의 영향)

  • Lim, Jae-Keun;Cho, Sang-Gon
    • Journal of Advanced Marine Engineering and Technology
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    • v.36 no.5
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    • pp.603-608
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    • 2012
  • Recently we have a growing interest in environmental pollution and alternative energy. Diesel engine is generally used to produce the power on shore and sea. However, the combustion characteristics and exhaust emissions of the engine are changed on account of the wear of fuel system and the altered ambient condition of the combustion chamber by the increment of the engine operation hour. Therefore the combustion characteristics and exhaust emissions on the fuel injection timing were experimentally investigated to find out the optimum fuel injection timing in case of the about 20 years used diesel engine using biodiesel blend oil. The original fuel injection timing of the engine is BTDC $22^{\circ}$ CA. However, it is found that the optimum fuel injection as a result of analyzing the specific oil consumption and exhaust emissions of 20 years used the engine is BTDC $26^{\circ}$ CA.

Efficacy by Application Schedule of Fungicides before Harvest Stage for Control of Strawberry Powdery Mildew (딸기 흰가루병 방제를 위한 수확전 약제 처리 시기)

  • Nam, Myeong-Hyeon;Jung, Suck-Kee;Jang, Chang-Soon;Song, Jeong-Young;Kim, Hong-Gi
    • Research in Plant Disease
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    • v.11 no.1
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    • pp.39-42
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    • 2005
  • Powdery mildew, caused by Sphaerotheca aphanis var. aphanis, is an economically significant disease of strawberry in Korea. When powdery mildew is not controlled adequately, it often spreads rapidly through strawberry plants and damage is associated with reduced yields. Proper timing of fungicide applications is, therefore, essential for effective disease control. This study evaluated the efficacy by application schedule of fungicides before harvest stage for preventing powdery mildew in 2001-2003. The systemic fungicides, azoxystrobin, kresoxim-methyl, and cupper fungicide DBEDC were applied preventively during the first part of the cultivating season. Preventative applications of DBEDC by dipping treatment before transplanting and kresoxim-methyl by foliar spray before blooming stage were one of the most effective control schedule tested to prevent and manage this disease. This research demonstrated the significance of application time to control of powdery mildew, particularly provided elimination unnecessary sprays of agrochemicals and reduction costs for strawberry growers.