• Title/Summary/Keyword: Imaginary part

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A Study on the Stability about the KIKO as Financial Instruments for Hedging (Laying stress on the precedent of Korean supreme court) (KIKO에 대한 환(換)헤지상품(商品)으로서 적정성(適正性)에 관한 연구(硏究))

  • Shin, Han-Dong
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.55
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    • pp.185-208
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    • 2012
  • Before and after the Capital Market Integration Act in 2007 is implemented in South Korea, many of small-and mid sized exporting companies in South Korea has been bankrupted or filed for lawsuit claiming mis-selling(KIKO) by the banks. The basic economic structure of KIKO in Korea are part of a business model based on the use or misuse of exotic derivatives whose results are anything but imaginary. 571 mid sized exporting companies have been damaged about $28 billion. KIKO is a currency option product that sells foreign currencies at higher foreign exchange rate when the rate moves within a certain range, but sells foreign currencies at two or three times lower rate than the market price when the rate exceeds the designated upper limit. KIKO, Therefore, is hard to know whether the non financial firms intended to hedge against further strengthening of their currency or merely to speculate. It is also hard to know how thoroughly they understood the risk-return profile of these transactions. It is similarly hard to ascertain whether the derivatives dealers offering these transactions were meeting the demands of their clients or taking advantage of them. These exotic derivatives were inappropriate for either hedging or speculating, and no knowledgeable investor would be likely to enter into these contracts intentionally.

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An Analysis on the Tooth Passing Frequency using End-milling Force (엔드밀 가공시 절삭력을 이용한 공구날 주파수 분석법)

  • Kim, Jong-Do;Yoon, Moon-Chul;Cho, Hyun-Deog
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.10 no.4
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    • pp.1-7
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    • 2011
  • The mode analysis of end-milling was introduced using recursive parametric modeling. Also, a numerical mode analysis of FRF in end-milling at different conditions was performed systematically. In this regard, a REIVM(recursive extended instrumental variable method) modeling algorithm was adopted and natural modes of real and imaginary part were discussed. This recursive approach can be used for the on-line system identification and monitoring of an end-milling for this purpose. For acquiring a cutting force, an experimental practice was performed. And these end-milling forces were used for the calculation of FRF(Frequency response function) and its mode analysis. Also, the FRF was analysed for the prediction of end-milling system. As a results, this algorithm was successful in each condition for the detection of natural modes of end-milling. After numerical analysis of the FRF, the tooth passing frequency was discriminated in their FRF, power spectrum and mode calculation.

SC Filter Characteristics improvement for Voice Signal Processing (음성신호 처리를 위한 SC 필터 특성개선)

  • Cho, Sung-Ik;Bang, Jun-Ho;Lee, Keun-Ho
    • The Journal of the Acoustical Society of Korea
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    • v.16 no.6
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    • pp.54-60
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    • 1997
  • In the SC filter consist of SC integrator and SC Lossy Integrator, after this paper proposes the method that cancels phase error using LDI clock and the imaginary part in damping term of SC Lossy integrator, LDI fifth order elliptic low-pass SC filter is designed. With the result of SCANAP program simulation applying the designed CMOS OP-Amp using power supply ${\pm}$5V and MOSIS 2--${\mu}$m double-poly double-metal n-well CMOS design rule.

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A Design of Bandpass Filter Using Frequency Dependent Model of Inverter Immittances (인버터 이미턴스의 주파수 의존성을 고려한 대역통과 여파기의 설계)

  • Hwang, Hee-Yong;Yun, Sang-Won;Jang, Ik-Su
    • Journal of the Korean Institute of Telematics and Electronics D
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    • v.36D no.6
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    • pp.13-20
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    • 1999
  • An actual inverter, generally, has frequency dependent property. In this paper, the property is considered as the dependencies of an inverter value (real value) it self and its immittance(imaginary part). And a method is given to obtain the equivalent circuit that has indeal inverter and immittance elements from actual inverters. Using this method, BPF's can be designed more exactly than standard design method without optimizing methods.

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Development of Thermal Distortion Analysis Method on Large Shell Structure Using Inherent Strain as Boundary Condition (고유변형도를 경계조건으로 갖는 대형 각(殼) 구조물 열변형 해석법 개발)

  • Ha, Yun-Sok
    • Journal of the Society of Naval Architects of Korea
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    • v.45 no.1
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    • pp.93-100
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    • 2008
  • There are two ways of conventional thermal distortion analysis. One is the thermal elasto-plastic analysis and the other is the equivalent forces method based on inherent strain. The former needs exorbitant analysis time, while the latter cannot obtain results of stress field and it needs much time consumption with loads modeling on curved plates. Such faults in two methods have made difficulties in thermal distortion analysis of a large structure like ship hull. In order to solve them, new kind of thermal distortion analysis method was developed. We devised that the inherent strains was used as direct input factors in forms of boundary conditions. It was embodied by using thermal expansion coefficient in commercial code. We used the pre-calculated inherent strain as thermal expansion coefficient, and endowed nodes with imaginary temperatures. This method was already adopted at hull block welding distortion analysis which was considered as impossible, and gave productive results such as reduction of work time in the dry dock.

H$_{\infty}$ Control System for Tandem Cold Mills with Roll Eccentricity

  • Kim, Seung-Soo;Kim, Jong-Shik;Yang, Soon-Yong;Lee, Byung-Ryong;Ahn, Kyung-Kwan
    • Journal of Mechanical Science and Technology
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    • v.18 no.1
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    • pp.45-54
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    • 2004
  • In order to meet the requirement for higher thickness accuracy in cold rolling processes, it is strongly desired to have high performance in control units. To meet this requirement, we have considered an output regulating control system with a roll-eccentricity estimator for each rolling stand of tandem cold mills. Considering entry thickness variation as well as roll eccentricity as the major disturbances, a synthesis of multivariable control systems is presented based on H$\sub$$\infty$/ control theory, which can reflect the knowledge of input direction and spectrum of disturbance signals on the design. Then, to reject roll eccentricity effectively, a weight function having some poles on the imaginary axis is introduced. This leads to a non-standard H_ control problem, and the design procedures for solving this problem are analytically presented. The effectiveness of the proposed control method is evaluated through computer simulations and compared to that of the conventional LQ control and feedforward control methods for roll eccentricity.

Dynamic Multi-distributed Web Cluster Group Model for Availability of Web Business (웹 비즈니스의 고가용성을 위한 동적 다중 웹 분산 클러스터 그룹 모델)

  • Lee, Gi-Jun;Park, Gyeong-U;Jeong, Chae-Yeong
    • The KIPS Transactions:PartA
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    • v.8A no.3
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    • pp.261-268
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    • 2001
  • With the rapid growth of the Internet, various web-based businesses are creating a new environment in an imaginary space. However, this expanding Internet and user increase cause an overflow of transmission and numerous subordinate problems. To solve these problems, a parallel cluster system is produced using different methods. This thesis recommends a multi0distribution cluster group. It constructs a MPP dynamic distribution sub-cluster group using numerous low-priced and low-speed systems. This constructed sub-cluster group is then connected with a singular virtual IP to finally serve the needs of clients (users). This multi-distribution cluster group consists of an upper structure based on LVS and a dynamic serve cluster group centered around an SC-server. It conducts the workloads required from users in a parallel process. In addition to the web service, this multi-distribution cluster group can efficiently be utilized for the calculations which require database controls and a great number of parallel calculations as well as additional controls with result from the congestion of service.

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A Study on the Ceremonial Flags in the Yi Dynasty (조선왕조 의장기에 관한 연구 (I))

  • Baek Young Ja
    • Journal of the Korean Society of Clothing and Textiles
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    • v.5 no.1
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    • pp.31-40
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    • 1981
  • It is of great significance to perform a ceremony with the utmost honor in every society and the fact is that ancient Koreans executed sacrificial rites to natural scenery with primitive reilgious things from the beginning of Korean history. Minute records on the various ceremonies to the Koryeo Dynasty are found in Koryeodogyeong and it might be said that there were no standing rules and the many ceremonies were resorted to an expedient, because in the Yi Dynasty the first codified ceremonial lawbook, Kukjooryeeui was formalized and after then all the ceremonies and formalities were carried out by the referential rules of the above-mentioned Kukjooryeeui. After the imperial enthronement of Kojong, all the ceremonial goods and flags symbolizing the heaven and auspicious animals-authority and fortune-were made by Daemyeongjibyei, which are found at Changdeokgung now. There are no remarkable differences in the Yi Dynasty between the records at the beginning and the remaines at the last stage, which shows once-fixed standing rules were kept faithfully to the end. The main patterns used on flags were of imaginary animals such as dragon, indicating the wish that countless authority and fortune should be realized. This is the former part of the study on the ceremonial flags in the Yi Dynasty and I hope the detailed idea and symbolic meaning concerning the flags will be discussed later.

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The Analysis of the Effect on the Wave Propagation of DBS Signal by the Space Debris for Satellite Communication (우주폐기물이 위성통신 방송신호 전파에 미치는 영향분석)

  • 이용민;홍완표;박종화;양기덕;나극환
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.8 no.4
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    • pp.403-414
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    • 1997
  • The distribution of the space debris caused by any source affects the DBS & FSS wave propagation for satellite communication. In this paper, the normalized expansion coefficients are evaluated with varying the volume distribution density of space debris and the operating frequency, and then the attenuation and phase shift are calculated by using the normalized expansion coefficients. Conclusively, the attenuation and phase shift are mostly affected with the real and imaginary part of the amplitude function, respectively, which represented by electric field component of the Bessel function. The results of this paper adapted for the design of the link budget for satellite communication system and the reconsideration of space environment as the space debris increses by geometric progression.

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Effects of Magnetic Powder Size on Electromagnetic Wave Absorption Characteristics in FeSiCr Flakes/Polymer Composite Sheets (FeSiCr 박편/폴리머 복합 시트의 전자파 흡수 특성에 미치는 자성분말 입도의 영향)

  • Noh, Tae-Hwan;Kim, Ju-Beom
    • Korean Journal of Metals and Materials
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    • v.46 no.1
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    • pp.44-51
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    • 2008
  • The effects of magnetic powder size on electromagnetic wave absorption characteristics in Fe-6.5Si-0.9Cr(wt%) alloy flakes/polymer composite sheets available for quasi-microwave band have been investigated. The composite sheet including small magnetic flakes with the size less than $26{\mu}m$ exhibited high power loss in the GHz frequency range as compared with the sheets having large alloy flakes of $45{\sim}75{\mu}m$. Moreover, both the complex permeability and the loss factor increased with the decrease in size of the alloy flakes. The large power loss of the sheets containing small magnetic flakes was attributed to the high complex permeability, especially their imaginary part. The high complex permeability of the sheets composed of small flakes was considered to be due to the highly thin shape of the flakes inducing low eddy-current loss.