• Journal of the Korea Institute of Information and Communication Engineering
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• v.22 no.8
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• pp.1041-1048
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• 2018

Gartner's Hype Cycle model is widely used to describe technology maturity, acceptability, and commercialization. In the Hype Cycle model, the techniques go through five stages, those are Innovation Trigger(first stage), stage Peak of Inflated Expectations(second stage), Trough of Disillusionment(third stage), Slope of Enlightenment(fourth stage) and Plateau of Productivity(fifth stage). In many studies, Hype Cycle is widely used as a basis for future prediction of technology, but the verification is somewhat lacking. In this paper, we analyzed the technologies that appeared in the Hype Cycle for the emerging technologies from 1995 to 2017. Through this, we found technologies that appeared as non first stage when first appearing, and techniques that showed a reversal of the maturity stage. In addition, we found that none of the technologies from 1995 to 2017 had gone through stages 1-5.

• Journal of Korean Society of Transportation
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• v.19 no.1
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• pp.115-129
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• 2001

The purpose of this study is to develop a cycle-free signal timing model for minimizing delays based on Third-generation control concept using Genetic Algorithm. A special feature of this model is its ability to manage delays of turning movements on the cycle basis. The model produces a cycle-free based signal timing(cycles and green times) for each intersection to minimize delays of turning movements on the cycle basis. The performance of cycle-free signal timings was evaluated on normal (v/c = 0.7) and oversaturated (v/c=1.0) conditions. The performance measures are throughput and the number of queued vehicles at the end of green time. The result shows that the cycle free signal timing is superior to the fixed signal timing to manage traffic flows of intersections; (1) the proposed model accomplishes the basic objective of the research, producing cycle free signal timings on the cycle basis, (2) on normal conditions, cycle free signal timings produce less queued vehicles at the end of green time, and (3) on oversaturated conditions, the cycle free signal timing is superior to the fixed signal timing to manage saturated traffic flows of intersections.

• Asia-Pacific Journal of Business
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• v.13 no.4
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• pp.45-59
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• 2022

Purpose - This study investigates the performance of investment strategies incorporating estimated stock market cycle based on a lead-lag relationship between business cycle and stock market cycle, thereby deriving empirical implications on risk management. Design/methodology/approach - The data period ranges from June 1953 to September 2022 and de-trended short rate, term spread, credit spread, stock market volatility are considered as major input variables to estimate business cycle and stock market cycle by applying probit model. Based on the estimated stock market cycle, two types of strategies are constructed and their performance relative to the benchmark is empirically examined. Findings Two types of strategies based on stock market cycle are considered: The first strategy is to long(short) on stocks when stock market stage is expected to be an expansion(a recession), and the second one is to long on stocks(bonds) when expecting an expansion(a recession). The empirical results show that the strategies based on stock market cycle outperforms a simple buy and hold strategy in both in-sample and out-of-sample investigation. Also the out-of-sample evidence suggests that the second strategy which is in line with asset allocation is more profitable than the first one. Research implications or Originality The strategies considered in this study are based on the estimated stock market cycle which only depends on a few easily available financial variables, thereby making easier to establish such a strategy. It implies that investors enhance investment performance by constructing a relatively simple trading strategies if they set their position on stocks or choose which asset class to buy conditioning on stock market cycle.

• Journal of Sport and Applied Science
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• v.2 no.1
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• pp.1-10
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• 2018

Today, the population of cycle participants is consistently increasing. Cycling is becoming not only a form of physical exercise but also a form of tourism in which cycle activities are related to visiting a particular destination. With the perspective of participation sport tourism, the purpose of this study is to investigate how the level of cycle tourists' participation affects their quality of life. An online survey link was sent to cycle participants to collect data. Out of the total 337 respondents, a total of 226 samples were used for the final analysis, disregarding those that were found to be inadequate or unreliable. For data analysis, frequency analysis, reliability test, validity, correlations, and regressions were employed with SPSS 22.0. For our first result, we found that the level of cycle participation did not significantly affect the quality of physical life. Second, the level of cycle participation did not have significant effect on the quality of mental life. Third, the level of cycle participation behavior did not have a significant effect on the quality of social life. Fourth, the level of cycle participation behavior did not have a significant effect on the quality of environmental life. Conclusions and political implications are discussed.

• Advances in Energy Research
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• v.4 no.1
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• pp.29-45
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• 2016

There has been a growing interest in the recent time for the development of solar power tower plants, which are mainly used for utility scale power generation. Combined heat and power (CHP) is an efficient and clean approach to generate electric power and useful thermal energy from a single heat source. The waste heat from the topping Brayton cycle is utilized in the bottoming HRSG cycle for driving steam turbine and also to produce process steam so that efficiency of the cycle is increased. A thermal storage system is likely to add greater reliability to such plants, providing power even during non-peak sunshine hours. This paper presents a conceptual configuration of a solar power tower combined heat and power plant with a topping air Brayton cycle. A simple downstream Rankine cycle with a heat recovery steam generator (HRSG) and a process heater have been considered for integration with the solar Brayton cycle. The conventional GT combustion chamber is replaced with a solar receiver. The combined cycle has been analyzed using energy as well as exergy methods for a range of pressure ratio across the GT block. From the thermodynamic analysis, it is found that such an integrated system would give a maximum total power (2.37 MW) at a much lower pressure ratio (5) with an overall efficiency exceeding 27%. The solar receiver and heliostats are the main components responsible for exergy destruction. However, exergetic performance of the components is found to improve at higher pressure ratio of the GT block.

• The Korean Journal of Food And Nutrition
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• v.25 no.1
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• pp.205-213
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• 2012

This study investigated the life cycle of menus and made suggestions on the appropriate time for when new menus should be developed. For this purpose, a total of 636 customers who visited 'T' Restaurant more than 25 times in the past three years were used for analysis. After estimating product life cycles based on sales and selling period, an empirical study was conducted. In terms of product life cycle, a growth stage was observed in the category of pasta and pizza in both stores A and B, whereas sales in the rice category stayed constant. Regarding trend in seasonal sales, a big difference was detected between the two stores. While store A was already in the decline stage of the life cycle in all menu categories, store B remained in the growth stage. In terms of menu life cycle, the product life cycle of long-lived products was observed in the pasta category in both stores A and B. While the pizza category was in the growth stage, the product life cycle of long-lived products was observed in the rice category. It is expected that the results of this study could be useful in development of new menus and product life cycle management to fulfill diverse customer needs in the dining-out business.

• Journal of Environmental Impact Assessment
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• v.22 no.5
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• pp.397-408
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• 2013

The purpose of this study is to analyze water cycle area ratio and spatial evaluation of water cycle in urban area of Changwon-si, Gyeongsangnam-do. Water cycle area ratio are analyzed by using spatial data of land-cover and land-use, and Hot spot analysis of GIS program was used for spatial evaluation of water cycle. The results are as below. Firstly, the high water cycle area ratio areas were forests, parks, and rivers, but urban areas covered asphalt and concrete were low under 40%. Public institutions and co-residential of urban areas were higher than others because of high area ratio of pervious land-cover. Spatial evaluation of water cycle was analyzed to vulnerable areas there are dense residential and commercial area. These areas are really occurring frequently flooding and immersion, therefore, is required water management facilities and improvement of land-cover from impervious to pervious. In the future, it will require additionally analysis of water cycle area ratio supplemented data of water management facility and ground water.

• Nuclear Engineering and Technology
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• v.47 no.3
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• pp.306-314
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• 2015

This paper examines the difference in the value of the nuclear fuel cycle cost calculated by the deterministic and probabilistic methods on the basis of an equilibrium model. Calculating using the deterministic method, the direct disposal cost and Pyro-SFR (sodium-cooled fast reactor) nuclear fuel cycle cost, including the reactor cost, were found to be 66.41 mills/kWh and 77.82 mills/kWh, respectively (1 mill = one thousand of a dollar, i.e., $10^{-3}$ $). This is because the cost of SFR is considerably expensive. Calculating again using the probabilistic method, however, the direct disposal cost and Pyro-SFR nuclear fuel cycle cost, excluding the reactor cost, were found be 7.47 mills/kWh and 6.40 mills/kWh, respectively, on the basis of the most likely value. This is because the nuclear fuel cycle cost is significantly affected by the standard deviation and the mean of the unit cost that includes uncertainty. Thus, it is judged that not only the deterministic method, but also the probabilistic method, would also be necessary to evaluate the nuclear fuel cycle cost. By analyzing the sensitivity of the unit cost in each phase of the nuclear fuel cycle, it was found that the uranium unit price is the most influential factor in determining nuclear fuel cycle costs.

• Transactions of the Korean hydrogen and new energy society
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• v.31 no.2
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• pp.242-249
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• 2020

The Kalina cycle (KC) is considered as one of the most efficient systems for recovery of low grade heat. Recently, Kalina based power and cooling cogeneration cycles (KPCCCs) have been suggested and attracted much attention. This paper presents an energy and exergy analysis of a recently suggested KPCCC with flexible loads. The cycle consists of a KC (KCS-11) and an aqua-ammonia absorption refrigeration cycle. By adjusting the splitting ratios, the cycle can be operated with four modes of pure Kalina cycle, pure absorption cooling cycle, Kalina-cooling parallel cycle, and Kalina-cooling series cycle. The effects of system variables and the operating modes on the energetic and exergetic performances of the system are parametrically investigated. Results show that the system has great potential for efficient utilization of low-grade heat source by adjusting loads of power and cooling.

• Economic and Environmental Geology
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• v.4 no.2
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• pp.59-75
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• 1971

Orogenic cycle is closely related with sedimentary cycle, and a sedimentary cycle involves the birth, development and disappearance of a sedimentary basin. Paleontological studies have indicated that birth or disappearance of sedimentary basins of separated regions frequently coincided in time. In this paper, the writer presents his assumption on the East Asian analogy of the Hercynian orogenic cycle in accord to the above mentioned generalities. Previous studies, including mine have a corollary that Korea and Southern China, which had been uplifted by the Caledonian movement, changed into low-lying region with subsiding areas in the Givetian time. The writer, thus, thinks that the Hercynian orogenic cycle started in Givetian, and that the Mongolian geosyncline in China, the Gangweon Basin in Korea and the Honshu geosyncline in Japan disappeared in the Ladinian. The writer, therefore, thinks that the Ladinian marks the end of the Hercynian orogenic cycle, but this assumption will have to be rechecked in consideration with the Alpine orogenic cycle. The Late Namurian-Early Bashkirian time, the dividing period between the early and late Hercynian orogenic cycle, is thought to correspond the time of the Hongjeom Series deposition. The writer is also of the view that the Akiyoshi orogenic cycle(T. Kobayashi) corresponds the late Hercynian phase, and that the Abenian movements(M. Minato) corresponds to the range from the late Caledonian phase to the former part of late Hercynian phase.