• The Korean Journal of Financial Management
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• v.23 no.1
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• pp.1-47
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• 2006

This study investigated the effect of tender-offer on the value of the firms in Korea. For this purpose, the study applied an event study methodology to 55 cases(bidding firm : 26, target firm : 39) of tender-offer and 164 cases(bidding firm : 144, target firm : 20) of merger announcements made between January 1st, 1994 and September 30th 2004. We found the following results. For tender-offer announcements, there was a significant increase in target firm's value while there was no significant change in bidding firm's value. In contrast, for merger announcements, there was a significant increase in bidding firm's value while there was no significant change in target firm's value. In addition, the synergy effect of tender-offer was higher than that of merger. The results support the Berkovitch and Khanna(1991)'s prediction that bidding firms choose tender-offer rather than merger in the presence of higher synergy profit from M&A.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.10 no.1
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• pp.78-89
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• 1999

In this paper, to improve bandwidth amplitude fluctuation for the broadband signal in indoor propagation environment, we measured and analyzed broadband signal using a vertically polarized, horizontally polarized and circularly polarized antenna, conducting by frequency sweeping method in NLOS (Non-Line-of-Sight) environment. And, to investigate the optimum condition for the improvement of broadband propagation characteristics we also examined the effects of both human motions and transmission antenna height in the NLOS environment. As a result, in the case of NLOS environment, it was found that the amplitude deviation characteristics in frequency bandwidth can be improved by polarization diversity reception. Especially, we found that it is the best effective one to make polarization diversity reception branches, which install the circularly polarized antenna at transmitting end and install the polarized diversity branches received vertical or/and horizontal polarized wave at receiving end. The affection of a human motions is not so much in LOS and NLOS environment, but it can lead to the cause of burst error in indoor digital radio communications as the fade of signal strength become more deeper. And also, when raise the transmitting antenna up to the ceiling, the LOS and NLOS environment could be coexisted. In this case, it can be also inferred that frequency bandwidth amplitude deviation must be fundamentally improved by using polarization diversity reception technique to make the possibility of high transmission rate.

• Geophysics and Geophysical Exploration
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• v.20 no.3
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• pp.163-175
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• 2017

In land seismic exploration, irregular surface topography and weathering layer in near surface distorts the reflected signals of data. Therefore, typical land seismic data should be compensated for this distortion by static correction. To perform the static correction, near-surface velocity is required, which can be obtained by seismic refraction survey. However, land seismic data is often acquired in a limited form of geometry depending on the equipment availability, accessibility condition, and permission for the survey site. In this situation, refraction analysis should be performed using reflection data because it is impossible to acquire refraction-oriented data due to limited source and receiver geometry. In this study, we aimed to analyze the reliability of the results obtained by refraction traveltime tomography when using reflection data with a limited number of sources and receivers from irregular surface topography. By comparing the inversion result from irregular topography with that from flat surface, we found that the surface topography affects the reliability of the inversion results to some degree. We also found that the number of sources has little effect on the inversion results unless the number of sources are very small. On the other hand, we observed that velocity distortion occurred in the overlapped part of receiver arrays when using a limited number of receivers, and therefore suggested the size of the least overlapping ratio to avoid the velocity distortion. Finally, we performed numerical tests for the model which simulates the surface topography and acquisition geometry of the survey region and verified the reliability analysis of inversion results. We identified reliable areas and suspicious area of the inverted velocity model by applying the analysis results to field data.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 1995.04a
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• pp.282-286
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• 1995

일반적으로 관성계 내의 물체에 대한 동적특성의 파악을 위해서는 속도, 가속도 및 각속도, 각가속도에 대한 정보를 필요로 하며 자이로는 이중에서 각속도를 측정하는 장치이다. 운동하는 질량에 회전각속도가 인가될 때 발생되는 코리올리힘을 측정하여 회전각속도를 검출하는 개념의 각속도 센서인 진동자이로는 성능이 회전형 자이로에 비해 떨어지나 구조가 간단하고 소형이며 대량생산이 가능한 장점이 있다. 진동자이로의 효시로는 1950년 영국의 Sperry Gyroscope Company의 "Gyroton"이며, 전자기력을 이용한 가진과 측정이 그 특징으로서 실험실 조건에서 지구의 자전속도를 측정할 수 있었다. 그후 1960년대에 General Electric에서 "VYRO"라는 모델을 개발했는데 압전소자를 이용하여 가진과 측정을 하는 방법이 사용되었다. 1980년대에 Watson Ind., Soderkvist등은 센서자체가 압전물질로 만들어진 자이로를 실험하였고 1990년도에 들어서는 진동자이로의 원리를 마이크로 머시닝 기술과 연계시켜서 소형 경량화와 대량생산을 목표로 연구가 일부 진행되고 있다. 현재 제품화되어 실제 응용되고 있는 예로는 무라다사의 삼각프리즘 형태의 자이로, 토킨사의 원통형 자이로 등이 있으며 이러한 자이로는 캠코더 화면의 안정화 장치에 주로 사용되고 있다. 본 논문에서는 압전소자의 압전, 전왜 방정식으로 출발하여 자이로헤드의 동적 거동을 해석하였다. 진동자이로는 물체의 공진주파수에서의 진동현상을 이용하며, 두 방향의 고유진동수를 일치시켜야 하는 등의 설계조건이 있다. 이러한 조건을 만족하도록 사각보 구조를 기본으로 하여 새로운 형태의 자이로헤드를 고안하였다. 자이로헤드의 구동회로를 설계, 해석하고 각속도를 측정할 수 있는 검출회로를 설계하여 설계된 진동자이로의 동적 특성을 확인하고 보정회로를 이용하여 사용 주파수 영역을 넓혔다.이용하여 사용 주파수 영역을 넓혔다.러한 강이성들이 보장되는 제어이론들 중 H$_{\infty}$ 제어이론이 많이 연구/응용 되고 있다. 특히 공칭 플랜트 모델과 함께 사용되는 플랜트 모델과 함께 사용되는 플랜트 불확실성 모델은 직접적으로 성능 및 안정도에 영향을 미치므로 주의 깊게 선정해야 한다. 방법의 실질적인 적용에는 어려움이 있다. 본 연구에서는 기존의 방법들의 단점을 극복할 수 있는 새로운 회귀적 모우드 변수 규명 방법을 개발하였다. 이는 Fassois와 Lee가 ARMAX모델의 계수를 효율적으로 추정하기 위하여 개발한 뱉치방법인 Suboptimum Maximum Likelihood 방법[5]를 기초로 하여 개발하였다. 개발된 방법의 장점은 응답 신호에 유색잡음이 존재하여도 모우드 변수들을 항상 정확하게 구할 수 있으며, 또한 알고리즘의 안정성이 보장된 것이다.. 여기서는 실험실 수준의 평 판모델을 제작하고 실제 현장에서 이루어질 수 있는 진동제어 구조물에 대 한 동적실험 및 FRS를 수행하는 과정과 동일하게 따름으로써 실제 발생할 수 있는 오차나 error를 실험실내의 차원에서 파악하여 진동원을 있는 구조 물에 대한 진동제어기술을 보유하고자 한다. 이용한 해마의 부피측정은 해마경화증 환자의 진단에 있어 육안적인 MR 진단이 어려운 제한된 경우에만 실제적 도움을 줄 수 있는 보조적인 방법으로 생각된다.ofile whereas relaxivity at high field is not affected by τS. On the other hand, the change in τV does not affect low field profile but strongly in fluences on both inflection fie이 and the maximum relaxivity value. The results shows a fluences on both inflection field and the

• Transactions of the Korean Society of Mechanical Engineers B
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• v.40 no.3
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• pp.181-189
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• 2016

An analytical model was developed by Sim to estimate the two-phase damping ratio for upward two-phase flow perpendicular to horizontal tube bundles. The parameters of two-phase flow, such as void fraction and pressure loss evaluated in the model, were calculated based on existing experimental formulations. However, it is necessary to implement a few improvements in the formulations for the case of tube bundles. For the purpose of the improved formulation, we need more information about the two-phase parameters, which can be found through experimental test. An experiment is performed with a typical normal square array of cylinders subjected to the two-phase flow of air-water in the tube bundles, to calculate the two-phase Euler number and the two-phase friction multiplier. The pitch-to-diameter ratio is 1.35 and the diameter of cylinder is 18mm. Pressure loss along the flow direction in the tube bundles is measured with a pressure transducer and data acquisition system to calculate the two-phase Euler number and the two-phase friction multiplier. The void fraction model by Feenstra et al. is used to estimate the void fraction of the two-phase flow in tube bundles. The experimental results of the two phase friction multiplier and two-phase Euler number for homogeneous and non-homogeneous two-phase flows are compared and evaluated against the analytical results given by Sim's model.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.10 no.2
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• pp.302-311
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• 1999

In this paper, in order to suggest an optimal polarization diversity composition method in indoor radio wave propagation environments, the variation of the cross polarization discrimination(XPD) was theoretically analyzed by a computer simulation and compared to the actual measured data. From the results, it can be seen that the cross polarization discrimination of the case, a circularly polarized antenna was used at the transmitting end as well as the vertical and horizontal polarized antenna branches were used at receiving end (CV-CH), is lower than that of the case, horizontal polarized antenna at the transmitting end as well as the horizontal and vertical polarized antenna branches at the receiving end(HH-HV), and that of the case, vertical polarized antenna at the transmitting end as well as the vertical and horizontal polarized antenna branches at the receiving end(VV-VH). In this paper, to get more effective CV-CH polarization diversity composition, the amount of cross polarization discrimination values at the signals received by horizontal polarized antenna is compensated and the polarization diversity effect through the cumulative probability distribution is estimated. From the evaluation results, it was found that the polarization diversity effect was better at the compensated case than at the uncompensated case. On the other hand, it can be known that the polarization diversity effect is getting better as the cross polarization discrimination values are getting lower, and also be known that the effect can be improved if a transmitting antenna is composed of the ellipse polarized antenna by adjusting the axial ratio of the circularly polarized antenna and, a receiving antenna is made up of the vertical and horizontal polarized antenna branches.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.30 no.6
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• pp.501-506
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• 2017

An infrared seeking missile does not emit any signal by itself as it is guided by passive heat signature from an aircraft. Therefore, it is difficult for the target aircraft to notice the existence of incoming missile, making it a serious threat. The usage of MAW(missile approach warning) that can notify the approaching infrared seeking missile is currently limited due to its high cost. Furthermore, effectiveness of MAW against infrared seeking missile is not available in open literature. Therefore, effect of evasive maneuver by MAW on the survivability of the aircraft is simulated to evaluate the benefit of the MAW in this research. The lethal range is used as a measure of aircraft survivability. An aircraft flying at an altitude of 5km with Mach 0.9 being tracked by air-launched AIM-9 infrared seeking missile is considered in this research. As a variable for the evasive maneuver, the MAW recognition distance of 5~7km and the G-force of 3~7G that limits maximum directional change of the aircraft are considered. Simulation results showed that the recognition of incoming missile by MAW and following evasive maneuver can reduce the lethal range considerably. Maximum reduction in lethal range is found to be 29.4%. Also, the MAW recognition distance have a greater importance than the aircraft maneuverability that is limited by structural limit of the aircraft.

• Journal of the Korean Magnetics Society
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• v.14 no.4
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• pp.143-148
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• 2004

Effects of residual flux density M$_{res}$ and number of inspection on the detection voltage and flux density B of the gas pipeline were investigated in MFL inspection, which is widely used for the non-destructive inspection in a gas pipeline. A simulation equipment composed of the magnetizer and iron ring attached on an aluminum disc was constructed instead of a huge gas pipeline facility. With this system. the iron ring could be perfectly demagnetized and signals from the bolt screw stuck on the disc could be clearly detected so that the effects of M$_{res}$S and the inspection number on the detection voltage and B of iron ring were effectively investigated. With increasing the number of inspection, M$_{res}$, B of the iron ring and the detection voltage decreased and then kept at constant values while final M$_{res}$ increased with increasing initial M$_{res}$. If inspection condition were kept unchanged, the detection voltage was proportional to the last M$_{res}$ of the iron ring instead of B. This was probably due to magnetic hysteresis of the iron ring inherited from magnetic domain so that consideration on the magnetic hysteresis was inevitable in the analysis of MFL signal from defects of a gas pipeline. A new inspection scheme using the magnetizer with reversed magnetization in the subsequent inspection was proposed from the result that a high detection voltage could be obtained in the first inspection of gas pipeline with positive M$_{res}$.

• Korean Journal of Optics and Photonics
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• v.10 no.4
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• pp.342-347
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• 1999

As the waveguide width and the radius of curvature get smaller for the effort of monolithic fabrication of integrated photonic devices, the waveguide characteristics change significantly according to the change of the waveguide width or the radius of curvature. Especially, variation of the waveguide width due to fabrication process errors induces a phase error for each waveguide from the change of the propagation constant. Therefore, it is important to quantify these variation effects on the device characteristics for the design and fabrication of highly integrated photonic devices. Here, we analyze four different types of waveguides to get general characteristics in propagation constant change by utilizing the effective index method and the analytic solution method. Futhermore, the output characteristics of two AWG(Arrayed Waveguide Grating) devices are simulated by a highly-functional computer code. The simulated results have been found to be similar to the realistic device characteristics. The required fabrication error limit for the ridge-type InP-AWG device should be smaller than 0.02 ${\mu}{\textrm}{m}$ to get better channel crosstalk than-25 dB, while the required fabrication error limit for rib-type silica-AWG devices may be allowed up to 0.1 ${\mu}{\textrm}{m}$ to obtain better crosstalk than -30 dB.

• Journal of Life Science
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• v.23 no.2
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• pp.324-331
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• 2013

The addition and removal of N-acetylglucosamine (GlcNAc) molecules on serine or threonine residues of a protein is called O-GlcNAcylation. This post-translational modification occurs on both cytoplasmic and nuclear protein, and is fast and reversible as comparable to phosphorylation. In contrast to the phospho-signaling cycles, this emerging moon-lightening signaling is cycled by only two enzymes, O-GlcNAc transferase (OGT) and O-GlcNAcase (OGA). The simple machinery is a good evolutionary adaptation of a cell for quick accommodation to continuously fluctuating intra- and extracellular microenvironments. Rather than "switching" on or off a specific proteins - this would be done by phosphorylation where numerous specific kinases and phosphatases are involved - O-GlcNAcylation would play a "rheostat" which would be much more delicately increase or decrease the efficacy of signal transductions in response to cellular nutrient and stress conditions. Interestingly, recent evidence indicates that O-GlcNAc is further modified by phosphorylation. The O-GlcNAc-P will upgrade the modulation efficiency of cellular processes to continuous 'analogue' level. So far, only one protein AP180 was reported to have O-GlcNAc-P on Thr310. But, proteomic data from our laboratory indicate that there are multiple O-GlcNAc-P proteins, constituting "O-GlcNAc-P'om". This will focus on the possibility of existence of "O-GlcNAc-P'om".