• 대한안전경영과학회지
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• 제13권1호
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• pp.127-131
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• 2011

Even if there are no causing factors such as car crash and road works, traffic congestion come from traffic growth on the road. In this case, estimation of traffic flow helps find the solution of traffic congestion problem. In this paper, we present a optimization model which used on traffic equilibrium problem and studied the problem of inverting shortest path sets for complex traffic system. And we also develop pivotal decomposition algorithm for reliability function of complex traffic system. Several examples are illustrated.

• 산업공학
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• 제2권2호
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• pp.63-73
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• 1989

The present paper determines the equilibrium price function of used goods and their carry-over age when there are heterogeneous firms with different factor prices. It is shown that the used good market enables more efficient use of durable goods and thereby gains from trades. It is also shown that firms with a lower interest rate and a higher wage rate specialize in using newer goods.

• 재무관리논총
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• 제6권1호
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• pp.335-356
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• 2000

This paper examines the time series dynamics of spot and forward exchange rates and Eurocurrency deposit rates for four bilateral relationships vis a vis the U.S. dollar using daily data. The equilibrium implied by covered interest parity provides a theoretical foundation from which to estimate and analyze the dynamic properties of each system of exchange rates and interest rates. The structural statistical model is identified by relying on the implied cointegration vectors and long-run neutrality restrictions.

• 수산경영론집
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• 제47권4호
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• pp.65-75
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• 2016

The purpose of this study was to analyze the production and marketing control effects of aqua-cultured flounder required for stable income growth of aqua-cultured household. We analyzed the supply and demand structure of cultured flounder using the partial equilibrium model approach. And we estimated the optimal yield of cultured flounder and analyzed the effect of marketing control through constructed model. The main results of this study are summarized as follows. First, the fitness and predictive power of the estimated model showed that the RMSPE and MAPE values were less than 5% and Theil's inequality coefficient was very close to 0 rather than 1. It was evaluated that the prediction ability of the aqua-cultured flounder supply and demand model by dynamic simulation was excellent. Second, dynamic simulation based on policy simulation was conducted to analyze the price increase effect of production and shipment control of cultured flounder. As a result, if the annual production volume is reduced by 1%, 5%, and 10% among 32,852~37,520 tons, it is analyzed that the price increase effect is from 1.2% to 12.5%. Finally, this study suggests that the production and marketing control can increase the price of aqua-cultured flounder in the market. In this paper, we propose a policy implementation of the total supply system instead of conclusions.

• Bulletin of the Korean Chemical Society
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• 제29권3호
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• pp.555-561
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• 2008

In air stripping of ammonia from the aqueous solution, a new removal model was presented considering the equilibrium principles for the ammonia in aqueous solution and between the aqueous and air phase. The effects of pH, temperature and airflow rate on the ammonia removal were evaluated with the model. In addition, the saturation degree of ammonia in air was defined and used to evaluate the effect of each experimental factor on the removal rate. As pH (8.9 to 11.9) or temperature (20 to 50 oC) was increased, the overall removal rate constants in all cases were appeared to be increased. Our presented model shows that the degrees of saturation were about the same (0.45) in all cases when the airflow condition remains the same. This result indicates that the effect of pH and temperature were directly taken into consideration in the model equation. As the airflow increases, the overall removal rate constants were increased in all cases as expected. However, the saturation degree was exponentially decreased with increasing the airflow rate in the air phase (or above-surface) aeration. In the subsurface aeration the saturation degree remains a constant value of 0.65 even though the airflow rate was increased. These results indicate that the degree of saturation is affected mainly by the turbulence of the aqueous solution and remains the same above a certain airflow rate.

• Journal of Power Electronics
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• 제16권6호
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• pp.2085-2098
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• 2016

Laminated busbars with a low stray inductance are widely used in NPC three-level inverters, even though some of them have poor performances in heat equilibrium and overvoltage suppression. Therefore, a theoretical method is in need to establish an accurate mathematical model of laminated busbars and to calculate the impedance and stray inductance of each commutation loop to improve the heat equilibrium and overvoltage suppression performance. Firstly, an equivalent circuit of a NPC three-level inverter laminated busbar was built with an analysis of the commutation processes. Secondly, on the basis of a 3D (three dimensional) cubical thermal model and mirror circulation theory, a supersymmetric mirror circulation 3D cubical thermal model was built. Based on this, the laminated busbar was decomposed in 3D space to calculate the equivalent resistance and stray inductance in each commutation loop. Finally, the model and analysis results were put into a busbar design, simulation and experiments, whose results demonstrate the accuracy and feasibility of the proposed method.

• 무역학회지
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• 제44권1호
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• pp.75-86
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• 2019

This study performs a factor analysis that affects the bunker oil price using the Co-integration model and Vector Error Correction Model (VECM). For this purpose, we use data from Clarkson and the analysis results show 17.6% decrease in bunker oil price when the amount of crude oil production increases at 1.0%, 10.3% increase in bunker oil price when the seaborne trade volume increases at 1.0%, 1.0% decrease in bunker oil price when total volume of vessels increases at 1.0%, and 0.003% increase in bunker oil price when 1.0% increase in world GDP, respectively. This study is meaningful in that this study estimates the speed of convergence to long-term equilibrium and identifies the price adjust mechanism which naturally exists in bunker oil market. And it is expected that the future study can provide statistically more meaningful econometric results if it can obtain data during more long-periods and use more various kinds of explanatory variables.

• Nuclear Engineering and Technology
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• 제54권5호
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• pp.1890-1901
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• 2022

We have assessed the applicability of the thermal-hydraulic system analysis code, SPACE, to a small modular reactor called SMART. For the assessment, the experimental data from a scale-down integral-test facility, SMART-ITL, were used. It was conformed that the SPACE code unrealistically calculates the safety injection flow rate through the CMT and SIT during a small-break loss-of-coolant experiment. This unrealistic behavior was due to the overprediction of interfacial heat transfer at the steam-water interface in a vertically stratified flow in the tanks. In this study, a special thermal-hydraulic component model has been developed to realistically calculate the interfacial heat transfer when a strong non-equilibrium two-phase flow is formed in the CMT or SIT. Additionally, we developed a special heat structure model, which analytically calculates the heat transfer from the hot steam to the cold tank wall. The combination of two models for the tank are called the special component model. We assessed it using the SMART-ITL passive safety injection system (PSIS) test data. The results showed that the special component model well predicts the transient behaviors of the CMT and SIT.

• The Journal of Asian Finance, Economics and Business
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• 제10권2호
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• pp.183-193
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• 2023

This paper proposes and examines the economic impact of infrastructure improvement on the San-En-Nanshin region in the Chubu area of Japan. We develop a single transportation computable general equilibrium (CGE) model for each subregion within the San-En-Nanshin region. The explicit modeling of the transportation infrastructure is defined based on interregional commuting flows and business trips, considering the spatial structure of the San-En-Nanshin economy. A CGE model is integrated with an interregional transportation network model to enhance the framework's potential for understanding the infrastructure's role in regional development. To evaluate the economic impact of transportation improvement, we analyze the interrelationship between travel time savings and regional output and income. The economic impact analysis under the CGE framework reveals how transportation facilities and systems affect firm and household behavior and therefore induce changes in the production and consumption of commodities and transportation services. The proposed theoretical model was tested by using data from the 2005 IO tables of each subregion and the 2006 transport flow dataset issued by the Ministry of Land, Infrastructure, Transport, and Tourism in Japan. As a result, the paper confirms the positive effect of transportation investment on the total output and income of the studied region. Specifically, we found that while economic benefits typically appear in urban areas, rural areas can still potentially benefit from transportation improvement projects.

• Environmental Engineering Research
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• 제16권2호
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• pp.55-60
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• 2011

The removal of hexavalent chromium from aqueous solutions onto modified holly sawdust was studied at varying initial hexavalent chromium concentrations, adsorbent doses, pHs and contact times. The removal of hexavalent chromium from aqueous solutions increased with increasing adsorbent dosage and contact time. The percentage of hexavalent chromium removed from the aqueous solutions decreased with increasing hexavalent chromium concentration and pH of the solution. The kinetics of the adsorption of hexavalent chromium onto modified holly sawdust was analyzed using pseudo first-order and pseudo second-order models. The pseudo second-order model described the kinetics of adsorption of hexavalent chromium. The Langmuir and Freundlich isotherm models were used for modeling of the adsorption equilibrium data. The Langmuir isotherm model well described the equilibrium data for the removal of hexavalent chromium by modified holly sawdust. The obtained maximum adsorption capacity was 18.86 mg/g at pH 7. The results showed that modified holly sawdust can be used as a low cost adsorbent for the treatment of aqueous solutions containing chromium.