• East Asian Economic Review
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• 제23권4호
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• pp.353-379
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• 2019

This paper aims to determine factors causing the stagnation of Korean firms' fixed investment after the global financial crisis, using panel data for the period of 1999-2016. Fixed investment remained sensitive to cash flow and Tobin's q although their effects decreased after the global financial crisis. A decreasing trend of cash flow and an increase in Tobin's q since the early 2000's imply that the worsening cash flow was a major factor behind the sluggish investment after the crisis. Meanwhile, debt-equity ratio remained significant for non-chaebol affiliated firms, reflecting disparity in access to external financing. Volatility of stock returns also became insignificant after the crisis, casting doubt on the argument that uncertainty was a major factor contributing to the decline of fixed investment. Analysis of financial investment confirmed the significant effect of cash flow, larger than that on financial investment than on fixed investment. In particular, debt repayment and other financial investment, except share repurchase, were sensitive to cash flow. However, the substitution of fixed investment by financial investment is a consequence, rather than a cause of declining fixed investment.

• 대한기계학회논문집A
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• 제20권5호
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• pp.1582-1589
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• 1996

Rapid prototyping is a new prototyping technology which produces three dimensional part models directrly from CAD data and has been extensively applied to various manufacturing processes. There are many types of rapid prototyping systems due to their building principles and materials. In this work, Stereolithography Appaaratus(SLA) which is the most widely-used rapid prototyping system is introduced to achieve die/mold technology innovation. For the purpose, the prototyping technology using SLA is developed such that patterns of which shapes are quite complicated are successfully produced with high accuracy. Using these patterns, prototype die/molds are efficientrly manufactured; a turbocharger rotor, a fan and a wheel patterns, prototype die/molds are efficienterly manufactured ; a turbochager rotor, a fan and a wheel pattern are made, and the molds of the investment casting, the injection molding and the die casting are manufactured respectively. The casting products are produced using these molds and it turns out that these methods are quitre effective for manufacturing products of complicated geometry from the viewpoint of efficiency and productivity.

• 한국주조공학회지
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• 제26권2호
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• pp.98-103
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• 2006

Metal-mold reactions between investment mold and TiAl alloys were investigated for the economic net-shape forming of TiAl alloys. The effect of mold preheating temperatures on the metal-mold reaction were investigated using a vacuum induction-melting furnace. In the case of TiAl alloys, there were no ${\alpha}$-case formation reactions. There were neither interstitial nor substitutional ${\alpha}$-case formations as TiAl alloys have both negligible solubility of oxygen and low activity in molten states. The fluidity of TiAl alloys increases with mold preheating temperature since they have a peritectic reaction that appears in the form of envelope, surrounding each particles of the primary constituent. The results of the investment casting of TiAl alloys confirm that the casting route in our study can be an effective approach for the economic net-shape forming of TiAl alloys.

• 대한치과기공학회지
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• 제29권2호
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• pp.129-140
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• 2007

The purpose of this study was to evaluate the titanium castability (internal porosity) between pressure type casting machine & centrifugal casting machine with air-vent or not. Internal porosity is a well-known problem in dental titanium casting, resulting in inferior mechanical properties of dental restorations. To evaluate the castability, the square plate was chosen. 40 plate patterns($20{\times}20{\times}1.8mm$)were attached to funnel-shaped sprue. Then 20 plate patterns were attached air-vent. They were invested in titanium investment material and cast in a pressure type casting machine(20castings) and centrifugal casting machine(20castings). Each group were divided with air-vent(10castings) or not(10castings). The titanium castings were evaluated by radiographic photograph for the location of the internal porosities. The percentage porosity of each specimen was determined using standardized digital radiographs. The results were analyzed with analysis of variance and t-test for paired comparison between two groups.

• 한국주조공학회지
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• 제21권5호
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• pp.265-271
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• 2001

• 한국주조공학회지
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• 제12권5호
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• pp.378-389
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• 1992

A numerical model based on the SOLA-VOF method, which can calculate the transient free-surface configuration of the melt, has been developed in order to analyze melt flow in the investment mold. The computational results were compared with experimental results obtained from pure aluminum investment casting. Heat transfer analysis, with and without consideration of melt flow effect has been performed. It can be concluded that analysis of melt flow in the investment mold, provides the optimum conditions for gating design. It also enables more precise solidification simulation, since heat loss, while filling the thin and complex investment mold, plays an important role in determining the solidification sequence.

• 한국주조공학회지
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• 제37권1호
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• pp.21-29
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• 2017

The effects of W content and heat treatment on the microstructure and mechanical properties of Hastelloy C-276 alloy investment castings were discussed. As the W content was increased, dendritic microstructure was refined and network type precipitate formed during solidification was distributed on the dendritic grain boundaries. Cr, Fe and Mn were highly segregated in the Ni-based dendrite matrix, and Mo, W, C and Si were in the precipitates. Due to the heat treatment, fine granular and flake precipitates were newly formed in the matrix, and unresolved network type precipitates remained on the grain boundary. The network type precipitates and the granular and flake precipitates formed by heat treatment were confirmed to be ${\mu}$ phase intermetallic compounds with similar compositions. Due to the increase of the W content and the heat treatment, hardness and tensile strength were significantly increased. However, tensile strength after aging treatment was decreased with the W content. These results can be explained in that brittle fracturing by the unresolved network type precipitates dispersed in the grain boundary was predominant over ductile fracturing by the dimple ruptures originating from the fine granular precipitates in the matrix.

• 한국결정성장학회지
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• 제27권5호
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• pp.263-267
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• 2017

Co-Cr 합금은 체내 인공관절용으로 사용될 때 세포 독성이 없고, 생체조직과 반응을 일으키지 않는 뛰어난 생체적합성과 인장강도, 연신율, 내마모성 등의 기계적 성질과 우수한 내마모 특성을 보유하고 있는 것으로 알려져 있다. 또한 Co-Cr 합금은 Carbon 원소를 첨가하여 고용체 강화와 탄화물에 의한 석출강화로 기계적 성질을 향상시키고 내식성을 크게 향상시키고 있다. 본 연구에서는 정밀주조법으로 제조된 인공관절용 Co-Cr 합금 시편의 GPS(Gas Pressured Sintering) 열처리공정에 따른 결정구조 및 미세조직 등의 재료특성 변화를 고찰하였다. XRD 분석을 통하여 as-cast 시편과 GPS 열처리 공정후 시편의 결정상 변화를 고찰하였으며, 제조된 합금의 입계사이에 metal carbide($Cr_{23}C_6$) 석출물들의 생성이 증가되었음을 OM, FE-SEM, EDS 분석으로 확인하였다.

• 대한치과보철학회지
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• 제40권4호
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• pp.352-364
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• 2002

There has been a great interest in the use of titanium for fixed and removable prostheses in recent because of its excellent biocompatibility. However the high melting temperature and chemical reactivity of titanium necessitates casting systems different from those used in conventional casting. The current titanium casting systems are based on an electric-arc design for melting the metal in an argon atmosphere and its exclusive investment. Despite the new developments in Ti casting systems, inadequate mold filling and internal porosity are frequently observed casting defects. Therefore, the study on the fabrication technique including sprue design to solve these casting defects is still necessary. In this study to evaluate the effect of sprue design on the castability of simulated cast titanium crowns, 10 cylindrical cast crowns for each group with four different sprue design(Single group. Double group, Runner bar group. Reservoir group) were fabricated. An impression of the entire casting margin was made and cut at $90^{\circ}$ intervals, and the sections were photographed in a microscope at $100{\times}$ magnification to record marginal discrepancy. The internal porosities of the cast crowns were disclosed by radiographs. Within the limits of this study. the following conclusions were drawn. 1. The overall mean marginal discrepancies for each group were as follows: Double group, $43.65{\mu}m$; Reservoir group, $50.27{\mu}m$; Single group, $54.17{\mu}m$; Runner bar group, $58.90{\mu}m$ (p<0.05). 2. The mean of marginal discrepancies for wax patterns was $10.65{\mu}m$. 3 The numbers of internal porosity showed the most in Runner bar group followed by Single group, Reservoir group, and Double group.

• 한국정밀공학회지
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• 제17권7호
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• pp.124-131
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• 2000

Rapid Prototyping(RP) models are no longer used only for design verification. Currently, parts built utilizing layer manufacturing technology can be employed as functional prototypes and as patterns or tools for different manufacturing processes such as vacuum casting, investment casting, injection molding, precise casting and sand casting. This trend of Rapid Prototyping application meets the requirement of concurrent engineering and its range covers a more spreaded area. The aim of this paper is saving the manufacturing lead time and cost of plastic parts having hollow space shapes used by prototype-car. Using rapid prototype patterns, made by the Selective Laser Sintering(SLS) technique, a new approach of manufacturing resin-based blow mold is discussed. It has a great potential fur making prototype-car parts with the batch size of under 200 parts, in case of rapid modification due to a subsequent design changes in developing stage. So, the process proposed in this research shows reduction of process time and manufacturing cost when compared with the conventional process such as a Zinc Alloy fur Stamping(ZAS) mold.