• Title/Summary/Keyword: Concept Lattice

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The Fundamental Understanding Of The Real Options Value Through Several Different Methods

  • Kim Gyutai;Choi Sungho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.620-627
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    • 2003
  • The real option pricing theory has emerged as the new investment decision-making techniques superceding the traditional discounted cash flow techniques and thus has greatly received muck attention from academics and practitioners in these days the theory has been widely applied to a variety of corporate strategic projects such as a new drug R&D, an internet start-up. an advanced manufacturing system. and so on A lot of people who are interested in the real option pricing theory complain that it is difficult to understand the true meaning of the real option value. though. One of the most conspicuous reasons for the complaint may be due to the fact that there exit many different ways to calculate the real options value in this paper, we will present a replicating portfolio method. a risk-neutral probability method. a risk-adjusted discount rate method (quasi capital asset pricing method). and an opportunity cost concept-based method under the conditions of a binomial lattice option pricing theory.

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Feasibility Study on the Utilization of Mixed Oxide Fuel in Korean 900MWe PWR Core Through Conceptual Core Nuclear Design and Analysis

  • Joo, Hyung-Kook;Kim, Young-Jin;Jung, Hyung-Guk;Sohn, Dong-Seong
    • Nuclear Engineering and Technology
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    • v.29 no.4
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    • pp.299-309
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    • 1997
  • The neutronic feasibility of typical Korean three-loop 900MWe class PWR core loaded with mixed oxide fuels for both annual and 18-month cycle strategies has been investigated as a means for spent fuel management. For this study, a method of determining equivalent plutonium content was developed under the equivalence concept which gives the same cycle length as uranium fuel. Optimal plutonium zoning within the MOX assembly was also designed with the aim of minimizing the peak md power. Conceptual core designs hate hen developed for equilibrium cycle with the following variations: annual and 18-month cycle, 1/3 and full MOX loading schemes, and typical and high moderation lattice. The analysis of key core physics parameters shows that in all cases considered satisfactory core designs seem to be feasible, though addition of control rod system and change in Technical Specification for soluble boron concentration are required for full MOX loading in order to meet the current design requirements.

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New Phosphor and Material Structures for Displays

  • Summers, Christopher J.;King, Jeffrey;Park, Woun-Jhang
    • 한국정보디스플레이학회:학술대회논문집
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    • 2002.08a
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    • pp.243-252
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    • 2002
  • We propose a new concept: that of photonic crystal phosphors (PCPs) for display and phosphor related applications. It is well known that microcavities with dimensions comparable to the emitting wavelength strongly enhance light-matter interactions, resulting in a significant increase in spontaneous emission rate, which can be directly translated into enhancement in phosphor efficiency. In recent simulations we have demonstrated that when a microcavity is formed in a nano-phosphor structure, the luminescence band is modified, and can be made spectrally sharp and tunable by engineering the geometry/material properties of the cavity and the surrounding photonic crystal lattice. New phosphor material structures based on photonic crystals are proposed. Applications to thin film EL phosphors and particle phosphors are discussed. Additionally, economic methods of synthesizing and incorporating PCPs into current display applications are proposed.

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Introduction of Wooden Kagome Structure to the Furniture Design

  • Chung, Woo-Yang;Xu, Hui-Lan
    • Journal of the Korea Furniture Society
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    • v.21 no.3
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    • pp.248-252
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    • 2010
  • This study is carried out to introduce the concept of Kagome structure as the new trial for the furniture design and the feasibility of its utilization in furniture industry. Kagome means originally the two dimensional bamboo-basket woven pattern that is composed of interlaced triangles whose lattice points each have four neighboring points, which was used in traditional bamboo craft design like 'Jukbuin(bamboo-wife)'. Its unique truss structure has been widely used by many kinds of the domain of science and engineering in mechanical and architectural industry with some merits, i,e, material utilization efficiency and robust strength. Here we tried to introduce two dimensional and three dimensional form of Kagome which are supposed to be a furniture design elements. Authors think these Kagome design could be realized with domestic lumber of inferior properties. Both of them would be used as a decorative element or mechanical supporter in furniture design.

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A Study of Multiple Dynamic Programming (Multiple dynamic programming에 관한 연구)

  • Young Moon park
    • 전기의세계
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    • v.21 no.1
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    • pp.13-16
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    • 1972
  • Dynamic Programming is regarded as a very powerful tool for solving nonlinear optimization problem subject to a number of constraints of state and control variables, but has definite disadvantages that it requires much more computing time and consumes much more memory spaces than other technigues. In order to eliminate the above-mentioned demerits, this paper suggests a news technique called Multiple Dynamic Programming. The underlying principles are based on the concept of multiple passes that, instead of forming fin lattices in time-state plane as adopted in the conventional Dynamic Programming, the Multiple Dynamic Programming constitutes, at the first pass, coarse lattices in the feasible domain of time-state plane and determines the optimal state trajectory by the usual method of Dynamic Programming, and at the second pass again constitutes finer lattices in the narrower domain surrounded by both the upperand lower edges next to the lattice edges through which the first pass optimal trajectory passes and determines the more accurate optimal trajectory of state, and then at the third pass repeats the same processes, and so on. The suggested technique insures remarkable curtailment in amounts of computer memory spaces and conputing time, and its applicability has been demonstrated by a case study on the hydro-thermal power coordination in Korean power system.

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Material model for load rate sensitivity

  • Kozar, Ivica;Ibrahimbegovic, Adnan;Rukavina, Tea
    • Coupled systems mechanics
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    • v.7 no.2
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    • pp.141-162
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    • 2018
  • This work presents a novel model for analysis of the loading rate influence onto structure response. The model is based on the principles of nonlinear system dynamics, i.e., consists of a system of nonlinear differential equations. In contrast to classical linearized models, this one comprises mass and loading as integral parts of the model. Application of the Kelvin and the Maxwell material models relates the novel formulation to the existing material formulations. All the analysis is performed on a proprietary computer program based on Wolfram Mathematica. This work can be considered as an extended proof of concept for the application of the nonlinear solid model in material response to dynamic loading.

Intuitionistic Smooth Topological Spaces

  • Lim, Pyung-Ki;Kim, So-Ra;Hur, Kul
    • Journal of the Korean Institute of Intelligent Systems
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    • v.20 no.6
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    • pp.875-883
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    • 2010
  • We introduce the concept of intuitionistic smooth topology in Lowen's sense and we prove that the family IST(X) of all intuitionistic smooth topologies on a set is a meet complete lattice with least element and the greatest element [Proposition 3.6]. Also we introduce the notion of level fuzzy topology on a set X with respect to an intuitionistic smooth topology and we obtain the relation between the intuitionistic smooth topology $\tau$ and the intuitionistic smooth topology $\eta$ generated by level fuzzy topologies with respect to $\tau$ [Theorem 3.10].

Surface Phonons studied by High Resolution Energy Loss Sppectroscoppy (HREELS)

  • Oshima, Chuhei
    • Proceedings of the Korean Vacuum Society Conference
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    • 1992.07a
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    • pp.17-17
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    • 1992
  • In this talk, our recent progress in experiment study on microscopic surface phonons has been reviewed. After the brief introduction concerning the concept of surface phonons, exprimental apparatus of HREELS and the principle of the measurment for surface phonon dispersions, I show the experimental data of some solide surfaces. The following points are discussed ; (1) lattice dynamical analysis of the phonon dispersions of some transi tion metal carbide (100) surfaces indicates the large changes in the force constant near the surface, which is consistent wi th a rippled structure of a topmost layer. (2) the phonon dispersions of a graphite overlayer show the modified phonon structure, which indicates that the thickness of the overlayer is one atomic layer, and in addition, the electronic structure is also modified. (3) The phonon structure of $LaB_6$ (100) surface is discussed. Lastly I telJ about new technology of extreme high vaccum less than $10^{-10}$ Pa.EX> Pa.

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Homogenized elastic properties of graphene for moderate deformations

  • Marenic, Eduard;Ibrahimbegovic, Adnan
    • Coupled systems mechanics
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    • v.4 no.2
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    • pp.137-155
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    • 2015
  • This paper presents a simple procedure to obtain a substitute, homogenized mechanical response of single layer graphene sheet. The procedure is based on the judicious combination of molecular mechanics simulation results and homogenization method. Moreover, a series of virtual experiments are performed on the representative graphene lattice. Following these results, the constitutive model development is based on the well-established continuum mechanics framework, that is, the non-linear membrane theory which includes the hyperelastic model in terms of principal stretches. A proof-of-concept and performance is shown on a simple model problem where the hyperelastic strain energy density function is chosen in polynomial form.

Comparison between two geometrical nonlinear methods for truss analyses

  • Greco, M.;Menin, R.C.G.;Ferreira, I.P.;Barros, F.B.
    • Structural Engineering and Mechanics
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    • v.41 no.6
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    • pp.735-750
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    • 2012
  • This paper presents a comparison between two different procedures to deal with the geometric nonlinear analysis of space trusses, considering its structural stability aspects. The first nonlinear formulation, called positional, uses nodal positions rather than nodal displacements to describe the finite elements kinematics. The strains are computed directly from the proposed position concept, using a Cartesian coordinate system fixed in space. The second formulation, called corotational, is based on the explicit separation between rigid body motion and deformed motion. The numerical examples demonstrate the performances and the convergence of the responses for both analyzed formulations. Two numerical examples were compared, including a lattice beam with postcritical behavior. Despite the two completely different approaches to deal with the geometrical nonlinear problem, the results present good agreement.