• Title/Summary/Keyword: Hard point

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CLOSED-FORM SOLUTIONS OF AMERICAN PERPETUAL PUT OPTION UNDER A STRUCTURALLY CHANGING ASSET

  • Shin, Dong-Hoon
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.15 no.2
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    • pp.151-160
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    • 2011
  • Typically, it is hard to find a closed form solution of option pricing formula under an asset governed by a change point process. In this paper we derive a closed-form solution of the valuation function for an American perpetual put option under an asset having a change point. Structural changes are formulated through a change-point process with a Markov chain. The modified smooth-fit technique is used to obtain the closed-form valuation function. We also guarantee the optimality of the solution via the proof of a corresponding verification theorem. Numerical examples are included to illustrate the results.

A CEPHALOMETRIC STUDY OF PROFILE CHANGES FOLLOWING ORTHOGNATHIC SURGERY IN PATIENTS WITH MANDIBULAR PROGNATHISM (하악전돌증환자의 악교정수술후 안면측모 변화에 관한 두부방사선 계측학적 연구)

  • Lee, Hyung Sik;Park, Yung Chael
    • The korean journal of orthodontics
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    • v.17 no.2
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    • pp.299-310
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    • 1987
  • The purpose of this study was to examine soft tissue and hardtissue changes following orthognathic surgery in patients with mandibular prognathism lateral cephalometric films were obtained immediate before surgery, 48 hours following surgery, and 6 months following surgery. 18 patients were selected (10 men, and 6 women) for this study, who had received orthognathic surgery. Statistical analysis for the each time interval differences were performed with the SPSS package The results were as follows, *In the cases of mandibular sagittal split osteotomy 1 LI point was moved backward (average 7.55mm) 48 hours following surgery. 6 months later, it was returned forward (average 1.1mm) Relapse rate was 14.6% 2 Pog was moved backward (average 8.3mm) 48 hours following surgery The ratio of horizontal change of soft tissue to hard tissue at pog is 0.95 1 *In the cases of maxillary Le-Fort I osteotomy & mandibular sagittal split osteotomy. 3. A point was moved forward (average 3.31mm) 48 hours following surgery. 6 months later, it was returned backward (average 0.31) Relapse rate was 9 4% 4 6 months later, the ratio of facial convexity angle change of soft tissue to hard tissue is 0.63 1.

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Design of a Prototype Fibre Optic Based Monitoring and Control System for Future KEPCO's 765kV Substation (765kV 변전소 감시제어용 시범시스템)

  • Jiang, Moon-Myung;Chung, Sang-Jin;Choi, Jong-Hyoub;Park, Jong-Myung
    • Proceedings of the KIEE Conference
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    • 1996.07b
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    • pp.883-886
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    • 1996
  • Instead of point-to-point hard wiring between substation yard equipments and SCADA RTU(Remote Terminal Unit), fibre optic cable will be used in the portion between Local Units and Central Unit in the future KEPCO 765kV substation. The connections between substation yard equipments and nearby Local Unit remain the same hard wiring. The new fibre optic system will provide security especially during ground faults and is immune to electrical noise. A prototype system will be manufactured and installed in the existing 154kV Yeosan Substation by the end of July this year and operated for one year. By incorporating the operation experiences acquired in the system, an improved system will be commercially applied to 765kV Shin-An-Seong Substation where 345kV GIS will be installed initially and act as the switching station in the year 1998. The system is composed of one Central Unit and several Local Units. The Central Unit is composed of two workstation level computers, one is in operation and the other backup, and a Communication Control Unit. The Local Unit uses the existing SCADA RTU technology and takes the form of a distributed one. Between the Communication Control Unit and Local Units, the fibre optic system with star-coupler is used.

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A Study on the Quality of Photometric Scanning Under Variable Illumination Conditions

  • Jeon, Hyoungjoon;Hafeez, Jahanzeb;Hamacher, Alaric;Lee, Seunghyun;Kwon, Soonchul
    • International journal of advanced smart convergence
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    • v.6 no.4
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    • pp.88-95
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    • 2017
  • The conventional scan methods are based on a laser scanner and a depth camera, which requires high cost and complicated post-processing. Whereas in photometric scanning method, the 3D modeling data is acquired through multi-view images. This is advantageous compared to the other methods. The quality of a photometric 3D model depends on the environmental conditions or the object characteristics, but the quality is lower as compared to other methods. Therefore, various methods for improving the quality of photometric scanning are being studied. In this paper, we aim to investigate the effect of illumination conditions on the quality of photometric scanning data. To do this, 'Moai' statue is 3D printed with a size of $600(H){\times}1,000(V){\times}600(D)$. The printed object is photographed under the hard light and soft light environments. We obtained the modeling data by photometric scanning method and compared it with the ground truth of 'Moai'. The 'Point-to-Point' method used to analyseanalyze the modeling data using open source tool 'CloudCompare'. As a result of comparison, it is confirmed that the standard deviation value of the 3D model generated under the soft light is 0.090686 and the standard deviation value of the 3D model generated under the hard light is 0.039954. This proves that the higher quality 3D modeling data can be obtained in a hard light environment. The results of this paper are expected to be applied for the acquisition of high-quality data.

A Study on the Prediction of Hard and Soft Tissue Changes after Setback Genioplasty (후진 이부성형술의 경조직과 연조직 측모 변화 예측에 관한 연구)

  • Yang, Jung-Eun;Kim, Il-Kyu;Cho, Hyun-Young;Ju, Sang-Hyun;Pyeon, Young-Hoon;Jung, Bum-Sang;Pae, Sang-Pill;Cho, Hyun-Woo
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.34 no.6
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    • pp.413-420
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    • 2012
  • Purpose: The purpose of this setback genioplasty study is to develop a prediction method for the calculated osteotomy angle using horizontal and vertical changes as well as to evaluate the proportion of hard and soft tissue changes. Methods: Twelve patients who had received setback genioplasty with other maxillofacial surgery were examined. Three lateral cephalograms were taken just before surgery, immediately after surgery, and 3 months later surgery. A reference line was established to the reference point of the inner most point of the lingual symphysis cortex, incisor tip, and 2nd molar cusp tip. Measuring was conducted from pogonion (Pg), menton (Me), labrale inferius (Li), Mentolabial fold, soft tissue pogonion (Pg'), and soft tissue menton (Me') to the reference lines. Results: In setback genioplasty, the skeletal Pg moved posteriorly 5.07 mm. The ratios of soft tissue to hard tissue movement were 36% posteriorly and 62% inferiorly at Pg', 67% posteriorly and 104% inferiorly at Me', and 34% anteriorly and 164% posteriorly at Li. In reduction & setback genioplasty, skeletal Pg moved posteriorly 4.63 mm and skeletal Me moved superiorly 3.63 mm. The ratios of soft tissue to hard tissue movement were 76% posteriorly and 18% superiorly at Pg', 68% posteriorly and 42% superiorly at Me', and 44% anteriorly, 124% posteriorly at Li. The calculated mean slope angle, based on ${\Delta}H/{\Delta}V$ ratio, was 61.25 and the measured mean slope angle was 60.17. Thus, the calculated and measured slope angles have a similarity. Conclusion: In setback genioplasty, soft tissue moves posteriorly and inferiorly. In particular, at the Me' and Pg', the inferior movement of the soft tissue is greater than the posterior movement. Also, the predictable results (measured slope angle) after operation can be achieved by the calculated slope angle. Thus, the relationship of soft and hard tissue changes must be considered as the results are predictable.

Psychological Character Analysis of Pavement Materials (포장재료의 심리적 특성 분석)

  • Kim Dae-Hyun
    • Journal of the Korean Institute of Landscape Architecture
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    • v.32 no.5
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    • pp.43-51
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    • 2004
  • Recently, the importance of choosing correct pavement materials has been increasing in urban spaces and streets. Much research regarding the pavement theory and construction method have been conducted, but analysis in terms of human psychological character has not yet been performed. The purpose of this study is to investigate the psychological characters to 12 pavement materials, that are commonly used in our urban spaces and streets. The results of the psychological character for each pavement material can be summarized as follows: 1. The psychological characters to each pavement material were as follows: ① Clay embodies a natural, traditional, soft and intimate psychological character; ② Pebble stone has a natural, hard, cool and intimate psychological character; ③ Turf grass incorporates an intimate and soft psychological character; ④ Ceramic brick has an artificial and hard psychological character; ⑤ Tile pavement has a modern, artificial, hard and cool psychological character; ⑥ Water permeable concrete has a modern and artificial psychological character; ⑦ Flag stone has a natural psychological character; ⑧ Granite has a modern and artificial psychological character; ⑨ Portland concrete has an artificial and hard psychological character; ⑩ Small compacted brick has an artificial, dynamic and modern psychological character; ⑪ Wood block pavement has a natural and traditional psychological character; ⑫ Asphalt concrete pavement has a modern, hard and artificial character. 2. On the results of the cluster analysis regarding psychological indexes for 12 pavement materials, pavement materials were categorized in 3 clusters. Among them, one cluster was mainly used as the most popular pavement material in our urban spaces and streets. From this point of view, psychological character for pavement material in our urban spaces and streets was not as various as we expected. 3. In conclusion, the proper selection of pavement materials was very important and the factors affecting the human psychological character should be considered in the design of urban spaces and streets.

Turning of Hardened Materials Using the Air-oil Cooling System (에어-오일 냉각방식에 의한 고경도재료의 선삭)

  • Chung, Bo Gu;Ko, Tae Jo;Kim, Hee Sool
    • Journal of the Korean Society for Precision Engineering
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    • v.14 no.8
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    • pp.73-81
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    • 1997
  • The hard turning process defined as a single point turning of materials harder than $H_{R}$C 58 differs from conventional turning because of hardness of the work materials and cutting toos needed in the process. In hard turning, tool life is very short, of the order of a few minutes, during which the cutting tool is subjected to the extremes of stress and temperature. In this regard, it is well known that CBN tool is proper for this process in spite of expensive cost. In this research, we studied the feasibility of the use of the low cost cutting tool such as a aTiN coated tool. To this end, a new cooling system was designed with an air-oil method for reducing tool temperature, which is based on the principle of air vortex flow. That is, the outlet temperature of the air becomes aver 20 .deg. C lower than atmosphere temperature by entering pressurized air of 5kgf/c $m^{2}$ into the inlet. This cooled air ejected to the top of the cutting tool lowered tool temperature, which reduced the wear of a TiN coated tool by the 30% of CBN tool life with respect to the same cutting length.h.

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A Study on Runoff Characteristics of Non-Point Source Pollution with Rainfall in Mandae-cheon Watershed (만대천 유역의 강우량에 의한 비점오염물질 유출특성에 관한 연구)

  • Choi, Han-Guy;Lee, Jin-Tae;Park, Soo-Jin
    • Journal of Industrial Technology
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    • v.25 no.B
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    • pp.27-35
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    • 2005
  • Non-point source pollution, which is found in soil, urban area, and agricultural area, is difficult to have its amount to be estimated. Moreover, it is hard to come up with a counterplan to cope with this pollutant. Hence, the watershed of Mandae-cheon located at the upstream of Soyang Lake was chosen as our site of study. We analyzed the relationship between precipitation level of each month and pollution load in the watershed by using statistical methods: measuring BOD, T-N and T-P - which are the causes of eutrophication - in the water; and analyzing the changes in water quality caused by precipitation level of nth.

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Optimal Control by the Gradient Method (경사법에의한 최적제어)

  • 양흥석;황희융
    • 전기의세계
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    • v.21 no.3
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    • pp.48-52
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    • 1972
  • The application of pontryagin's Maximum Principle to the optimal control eventually leads to the problem of solving the two point boundary value problem. Most of problems have been related to their own special factors, therfore it is very hard to recommend the best method of deriving their optimal solution among various methods, such as iterative Runge Kutta, analog computer, gradient method, finite difference and successive approximation by piece-wise linearization. The gradient method has been applied to the optimal control of two point boundary value problem in the power systems. The most important thing is to set up some objective function of which the initial value is the function of terminal point. The next procedure is to find out any global minimum value from the objective function which is approaching the zero by means of gradient projection. The algorithm required for this approach in the relevant differential equations by use of the Runge Kutta Method for the computation has been established. The usefulness of this approach is also verified by solving some examples in the paper.

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Stability Analysis of a Biped Robot using Wrench System (렌치 시스템을 이용한 이족보행 로봇의 안정도 해석)

  • 임헌영;심재경;황규혁
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2004.10a
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    • pp.648-651
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    • 2004
  • Biped robot has better mobility than other mobile robot, but it is hard to maintain balance during walking. In order to maintain balance, stability analysis is a key point for a biped robot. The zero moment point analysis has been used most in stability analysis. In this paper, we propose different method of stability analysis using wrench system. It is possible to generate a wrench system by applying a force along an axis in space and simultaneously applying a moment about the same axis. Wrench system is equivalent to a force and moment applied along the same axis. We compare the result of wrench system analysis with that of zero moment analysis in biped robot stability using simulation program.

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