• Management & Information Systems Review
• /
• v.30 no.2
• /
• pp.237-255
• /
• 2011

This empirical study is focused on practical application of Range-Based Volatility which is estimated by opening, high, low, closing price of overall asset. Especially proper forecasting period is what I want to know. There is four useful Range-Based Volatility(RV) such as Parkinson(1980; PK), Garman and Klass(1980; GK) Rogers and Satchell(1991; RS), Yang and Zhang(2008; YZ). So, four RV of KOPSI 200 index during 2000.5.22-2009.9.18 was used for empirical test. The emprirical result as follows. First, the best RV which shows the best forecasting performance is PK volatility among PK, GK, RS, YZ volatility. According to estimating period forcasting performance of RV shows delicate difference. PK has better performance in the period with financial crisis of sub-prime mortgage loan. if not, RS is better. Second, almost result shows better performance on forecasting volatility without sub-prime mortgage loan period. so we can say that forecasting performance is lower when historical volatiltiy is comparatively high. Finally, I find that longer estimating period in AR(1) and MA(1) model can reduce forecasting error. More interesting point is that the result shows rapid decrease form 60 days to 90 days and there is no more after 90 days. So, if we forecast the volatility using Range-Based volaility it is better to estimate with 90 trading period or over 90 days.

• Journal of the Institute of Convergence Signal Processing
• /
• v.16 no.2
• /
• pp.74-82
• /
• 2015

In this study, a BMW plant process control system model which produces BMW is suggested and the BMW plant process controller with the following functions is developed. The first function is to operate the electronic overload relays to stop the blower for a certain period of time and to re-operate it again when the blower is overloaded. The second function is to close the motor operated valve automatically in case of power failure to prevent the circulation from the guided tank to the compost throwing tank and to block leak from the compost throwing tank due to the failure of ball valve. The third function is to transfer produced BMW from the concentration tank to 4 storage tanks for automatic managing of the BMW output. A device to measure the signal of the BMW plant process controller and a test equipment are developed. The designed BMW plant process controller is checked to see if it operates correctly according to the design specifications. The sequence control method based on BMW plant process controller is developed at a low cost in this study, so it is expected to bring improvements in the stability and the efficiency of system and to cause reductions in the operation and the management costs in the future.

• Transactions of the Korean Society of Mechanical Engineers B
• /
• v.37 no.8
• /
• pp.781-788
• /
• 2013

Predicting the engine component temperature is a basic step to conduct structural safety evaluation in medium-speed diesel engine design. Recent trends such as increasing power density and performance necessitate more effective thermal management of the engine for achieving the desired durability and reliability. In addition, the local temperatures of several engine components must be maintained in the proper range to avoid problems such as low- or high-temperature corrosion. Therefore, it is very important to predict the temperature distribution of each engine part accurately in the design stage. In this study, the temperature of an engine component is calculated by using steady-state conjugate heat transfer analysis. A proper approach to determine the thermal load distribution on the thermal boundary area is suggested by using 1D engine system analysis, 3D transient CFD results, and previous experimental data from another developed engine model. A Hyundai HiMSEN engine having 250-mm bore size was chosen to validate the analysis procedure. The predicted results showed a reasonable agreement with experimental results.

• Journal of Energy Engineering
• /
• v.11 no.1
• /
• pp.1-9
• /
• 2002

The purpose of this study is to maintain high efficiency and reasonable use of cool thermal storage systems operated in the domestic building sector. As the result of efficiency test from the five types of operated cool storage systems on the condition that COP ranges are 2.6 to 3.4 during the day time and 2.1 to 3.0 during the night time and it decreased by more than 30% of rated COP given 3.8 to 3.0. The Analysis of cool storage rate shows that only 3 (21.4%) systems out of 15 buildings hold to over 40% capacity for its total capacity. To prevent the decrease in operating efficiency, it should correct the malfunction of 3-way valve and expansion valve and the mistake of control values for schedule program and increase cooling tower capacity. In order to improve piping line, it needs bypass brine line off refrigerator, separation of chilled water line with Ice Slurry system at day and night time and speed control of chilled and warm water pumps. This study does require the more studies on improving difficulty of increasing cooling load with Ice on Coil system, waterproofing with Ice Ball system, COP drop during the night time with Ice Lens, low operating temperature during the day time with Ice Slurry and increasing of Power loss due to hot gas de-icing with Ice Harvest in the future.

• Journal of Advanced Marine Engineering and Technology
• /
• v.37 no.4
• /
• pp.409-417
• /
• 2013

Mu-communication board supported by multi-communication is designed with Atxmega 128A1 which is a low power energy consuming of 8-bit microcontroller. ATxmega128A1 microcontroller consists of 8 UART(Universal asynchronous receiver/transmitter) ports which can be setting appropriate user interface having command line interpreter(CLI) program with each port, 2 kbytes EEPROM, 128 kbytes flash memory, 8 kbytes SRAM. 8 URAT ports are used for the multi communication modem, GPS module, etc. and EEPROM is used for saving a configuration for program running, and flash memory of 128 kbytes is used for storing a Firm Ware, and 8 kbytes SRAM is used for stack, storing memory of global variables while program running. If we uses the hybrid communication of path optimization of VHF, TRS and CDMA to remote control AtoN(aid to navigation), it is able to remove the communication shadow area. Even though there is a shadow area for individual communication method, we can select an optimum communication method. The compatibility of data has been enhanced as using of same data frame per communication devices. For the test, 8640 of data has been collected from the each buoy during 30 days in every 5 minutes and the receiving rate of the data has shown more than 99.4 %.

• Journal of the Korean Society for Nondestructive Testing
• /
• v.27 no.5
• /
• pp.426-431
• /
• 2007

When a high-energy ultrasound propagates through a solid body that contains a crack or a delamination, the two faces of the defect do not ordinarily vibrate in unison, and dissipative phenomena such as friction, rubbing and clapping between the faces will convert some of the vibrational energy to heat. By combining this heating effect with infrared imaging, one can detect a subsurface defect in material in real time. In this paper a realtime detection of the brazing defect of thin Inconel plates using the UIR (ultrasonic infrared imaging) technology is described. A low frequency (23 kHz) ultrasonic transducer was used to infuse the welded Inconel plates with a short pulse of sound for 280 ms. The ultrasonic source has a maximum power of 2 kW. The surface temperature of the area under inspection is imaged by an infrared camera that is coupled to a fast frame grabber in a computer. The hot spots, which are a small area around the bound between the two faces of the Inconel plates near the defective brazing point and heated up highly, are observed. And the weak thermal signal is observed at the defect position of brazed plate also. Using the image processing technology such as background subtraction average and image enhancement using histogram equalization, the position of defective brazing regions in the thin Inconel plates can be located certainly.

• Journal of Biosystems Engineering
• /
• v.9 no.1
• /
• pp.22-33
• /
• 1984

Husk separator is an indispensable equipment in rice milling plants. However, any basic research on the designing and operating criteria of the husk separator have rarely been conducted in Korea. According to the survey results reported recently, grain loss occurs in the process of rice husk separation at custom rice milling plants in Korea and the performance of husk separator has also not been identified. With this regard this study was conducted with a typical commercial husk separator to investigate the effect of the operational factors such as feed rate, blower speed and opening ratio on the velocity distribution in the air duct and the performance of the separator. The results are summerized as follows: 1. The average wind velocity in the primary air duct increased linearly with the blower rpm and the size of air inlet port in both cases of double type and single type operations. 2. The coefficient of variation in the horizontal wind velocities in the primary air duct was the minimum when the opening ratio was 0.22 ($0.052m^2$ of air inlet port) in both cases of single type and double type operations regardless of the blower speeds used in this test. The average wind velocity at the upper part of air duct was greater by 2-5 m/s than the velocity at the bottom part in double type operation. In case of single type operation, however, the average velocity in the middle part was greater than the upper or bottom part when the opening ratio was greater than 0.74. 3. The relationship between the overall effectiveness of separation(Ed for double type and Es for single type) and the average wind velocity (Va) in the primary air duct was expressed in the following quadratic functions. $$Ed=-190.84+106.18Va-10.052Va^2$$ ($r^2$ = 0.97782) $$Es=-223.76+106.23Va-9.1935Va^2$$ ($r^2$ = 0.97029) The average wind velocity required to obtain the overall effectiveness of separation more than 80% ranged from 4.04 m/sec to 5.84 m/sec in case of double type operation, and from 4.70 m/sec to 6.20 m/sec in case of single type. 4. An optimum wind velocity can be obtained with an increase in the blower speed or the size of air inlet port as presented in Figure 8. There was a tendency that the faster the blower speed, the narrower the control range of the air inlet port. 5. The feed rates (1850kg/hr and 2100kg/hr) adopted in this experiment did not bring about a significant difference in both the overall effectiveness of separation and the power consumption. 6. The energy consumption increased cubically with the blower speed but linearly with the size of the air inlet port. On the basis of the results described in items 1, 3, and 6, it would be more economic to adjust the size of the air inlet port larger with a relatively low blower speed than to adjust the size smaller with a relatively high speed.

• Journal of Biosystems Engineering
• /
• v.2 no.2
• /
• pp.37-45
• /
• 1977

Solar energy is a potential source of power that offers much promise being used for low-temperature applications like drying farm crops, space heating, and water heating for domestic uses. Already much of it are being used for those purpose in foreign countries. However, very little research has been done to determine the possibility of using the solar energy in Korea. This study was conducted to develop the general prediction equation of the total radiation on a horizontal surface in Daejeon area based on 5 years 91972, Jun.1-1976. Dec.31) meteorological data (bright sunshine hours, average total horizontal radiation), and to obtain experimentally the thermal efficiency of solar air and water collectors, which will be used as a basic data of designing flat-plate solar collector system.In addition to the thermal efficiency of the collectorsthe relationship among those factors affecting it such as weather condition, orientation factor, and tilted angle of collector was analyzed. The results of this study were as follows. 1. The general predicted equation of the total radiation on a horizontal surface in Daejeon area based on bright sunshine hours was developed as $H_{av} =(1.546\frac{n}{N}-0.582)H_o$. Predicting the total radiation on a horizontal surface by the above equation was thought to be possible because to values of 0.882 was smaller than any t values at above 0.05 level on the basis of two tailed test of the difference between the calculated and the recorded values. 2.It was observed that optimum tilt angle of the collector in the summer and the autumn drying season was 13 degrees and 51 degrees respectively, these values could be obtained by adding or substracting approximately 25 degrees from the latitude of this area $(36.3^{\circ}N)$ .The relationship between orientation factor and declination of sun at suitable tilt angle of 33 degrees $(s=0.9\O)$ was shown at Fig.4. 3.The thermal efficiency of solar wdter collector was shown 13.4-51. 6% on Aug. 15 (the minimum radiation recorded) and 43.8 ~537% Aug.20 (the maximum radiation recorded), and 13.8~ 46.6 and 44.3~ 49.7 were shown on each corresponding day. 4.The thermal efficiency of the collectors according to the weather condition was shown a big difference of about 10% between the day of the maximum radiation recorded and the minimum, but the differen of efficiency between the air and the water collector was at most 2 ~ 3%. 5. Even if the efficiency of the solar water collector was a little higher than the solar air collector, for drying farm products, the solar air collector was thought to be more effective because the air heated by collector could be directly used for drying them.

• Journal of Navigation and Port Research
• /
• v.32 no.8
• /
• pp.667-674
• /
• 2008

In this paper, operational problems of Busan Port and competitiveness deciding factors are analyzed by field data research and interview with employees in shipping companies and terminal operation companies. In the analysis, the problems Busan Port currently has are identified as follows: 1) low price competitiveness, 2) Lack of new port back facilities and connecting transportion system 3) Lack of operation ability of container terminal 4) Inefficient pour labor supply system. In order to strengthen the competitiveness and leap up to a hub port in North East Asia, Busan port is investigated to enhance below requirements. 1) Hiring more equipment and increase productivity in terminal 2) Integrating terminal operation companies to react maximization of vessel 3) Maintaining cost advantages 4)Proactively inviting global carriers to participate in the terminal operation 5)Making business environment for Global Terminal Operator to participate in the terminal operation in order to take advantage of their global marketing power.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.18 no.3
• /
• pp.609-614
• /
• 2017

In this study, a new type of eccentric cam was used for the development of a small size reducer with a two-shift reduction ratio while maintaining the same volume as the existing one-shift speed reducer. Therefore, a two-shift speed reducer was designed using the concept of a continuously variable transmission applied to automobiles. The cam was designed to have an eccentric shape with a $180^{\circ}$ phase difference to act as a tensioner to minimize slip by squeezing the V-belt connected to the deceleration pulley and the acceleration pulley, respectively. The cam was designed to have a diameter of 35mm and an outer diameter of 18mm so that the outer portion of the v-belt could contact the cam perfectly. A pulley with a diameter of 50.8mm was installed on the low speed pulley input shaft for deceleration and a pulley with a diameter of 76.2mm was provided on the output shaft. In the high-speed pulley for acceleration, a pulley with a diameter of 76.2mm is provided on the input shaft, and a pulley with a diameter of 50.8mm is provided on the output shaft. Based on the design details, the power transmission efficiency test and the heating characteristics of the transmission were tested to verify the feasibility. In addition, through validation, the suitability of the reducer was demonstrated.