• Title/Summary/Keyword: Model Efficiency

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The Speculative Efficiency of Frozen Shrimp Futures Market (새우 선물시장의 투기 효율성에 관한 연구)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.38 no.2
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    • pp.63-78
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    • 2007
  • The objective of this study is to examine the speculative efficiency of shrimp futures market. Testing for the speculative efficiency hypothesis is carried out using Johansen's the maximum-likelihood cointegration method and Fama(1984) regressison model. Analysis data are obtained Kansai Commodities Exchange in Osaka and are daily data of frozen shrimp futures and cash prices for all trading days in the time period from September 6, 2002, frozen shrimp futures is introduced, to May 10, 2007. The empirical results are summarized as follows:First, there exists the cointegrating relationship between realized spot India 16/20, Indonesia 16/20, vietnam 16/20 prices and futures prices of the 14 day to maturity. Second, shrimp futures contract prices do not behave as unbiased predictor s of future spot shrimp prices. This indicates that the shrimp futures market is inefficient.

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An Empirical Study on the Efficiency of Container Terminals in Russian and Korean Ports using DEA model (DEA방식을 활용한 한국과 러시아 콘테이너 항만의 효율성에 대한 실증연구)

  • Den, Mariia;Shin, Chang-Hoon;Nah, Ho-Soo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.143-144
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    • 2016
  • Steady growth of seaborne trade has resulted in development of container ships, ports, and container terminals. Operating efficiency of a container terminal is a critical element for its competitiveness in the international market. The aim of this research is to evaluate the relative efficiency of Russian and South Korean largest container terminals. For this purpose.

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Takagi-Sugeno Fuzzy Controller for Efficiency Optimization of Induction Motor with Model Uncertainties (Takagi-Sugeno 퍼지 제어기를 이용한 불확실성을 포함한 유도전동기의 효율 최적화)

  • Lee, Sun-Young;Yang, Hai-Won
    • Proceedings of the KIEE Conference
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    • 2009.07a
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    • pp.1646_1647
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    • 2009
  • In this paper, Takagi-Sugeno(T-S) fuzzy controller and search method are developed for efficiency optimization of induction motors(IMs). The proposed control scheme consists of efficiency controller and adaptive backstepping controller. A search controller for which information of input of T-S fuzzy controller is included in efficiency controller that uses a direct vector controlled induction motor. A sliding mode observer is designed to estimate rotor flux and an adaptive backstepping controller is used to control of speed of IMs. Simulation results are presented to validate the proposed controller.

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A Study on Applied Orientations of Management Science Technique in Police Audit Planning Process (경찰감사 기획과정시 관리과학기법 응용방안)

  • Kim, Jeong-Heon;Song, Keon-Sup
    • Korean Security Journal
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    • no.5
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    • pp.109-130
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    • 2002
  • As proceeding Munmin and Kukmin's government, it is to bring in regionalism of genernal public administration and police administration, specialization, efficiency issue, demand inventing of audit technique to meet this trends. Especially, according to supporting qualitative improvement of the audit, its environment faced that orienting performance audit emphasis on not the legality but the efficiency more systematic and scientific theory or technique. In order to attain police audit's efficiency through performance audit, this study discussed that scientific management techniques should be applied police audit. Accordingly, the primary purpose of this study is to apply public audit to scientific management technique, bring to light limits in public sector(especially, police sector). To be efficiency audit(namely, performance audit), 1) OR techniques are explained linear programming, network modeling, PERT/CPM, queuing matrix model, simulation, 2) Statistical analysis methods are argued delphi technique, data envelopment analysis(DEA), analytic hierarchical process(AHP), time series analysis models etc.

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A Study on Design of Linear Motor for Maglev for High Efficiency (자기부상열차 추진용 리니어모터 효율향상 설계연구)

  • Kim, Youn-Hyun;Kim, Ki-Chan
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.4
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    • pp.561-566
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    • 2016
  • In this paper, effective design method of linear induction motor(LIM) for Maglev is proposed in order to maximize system efficiency of Maglev. For the high system efficiency of Maglev, it is important to minimize weight of traction motor. Light weight design by changing materials of core and winding is conducted without changing volume of LIM. For the silicon steel core of primary part for magnetic flux path, iron-cobalt alloy steel with high magnetic saturation characteristic compared to silicon steel is suggested. Moreover, aluminium winding with light weight instead of copper winding is wounded in the widen slot area due to the high magnetic saturation level. For the verification of performance of proposed model, the characteristics are analyzed by using finite element method(FEM).

Flow Analyses Inside Jet Pumps Used for Oil Wells

  • Samad, Abdus;Nizamuddin, Mohammad
    • International Journal of Fluid Machinery and Systems
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    • v.6 no.1
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    • pp.1-10
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    • 2013
  • Jet pump is one type of artificial lifts and is used when depth and deviation of producing wells increases and pressure depletion occurs. In the present study, numerical analysis has been carried out to analyze the flow behavior and find the performance of the jet pump. Reynolds-averaged Navier Stokes equations were solved and k-${\varepsilon}$ turbulence model was used for simulations. Water and light oil as primary fluids were used to pump water, light oil and heavy oil. The ratios of area and length to diameter of the mixing tube were considered as design parameters. The pump efficiency was considered to maximize for the downhole conditions. It was found that the increase in viscosity and density of the secondary fluid reduced efficiency of the system. Water as primary fluid produced better efficiency than the light oil. It was also found that the longer throat length increased efficiency upto 40% if light oil was used as primary fluid and secondary fluid viscosity was 350 cSt.

A Study on the Efficiency Analysis of Abalone Aquaculture in Wando Region Using Stochastic Frontier Approach (SFA를 이용한 전복 양식업의 지역별 효율성분석에 관한 연구 - 완도지역을 중심으로 -)

  • Kim, Hye-Seong;Song, Jung-Hun
    • The Journal of Fisheries Business Administration
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    • v.43 no.2
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    • pp.67-77
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    • 2012
  • Based on the survey on aquaculture management status in Nohwa-eup, Bogil-myeon, Wando-eup in Wando region, this study aimed to estimate productive efficiencies of abalone aquaculture production using a stochastic frontier approach (SFA) and to find out their determinants. In the analysis, a Cobb-Douglas production function with an inefficiency term that follows an halfnormal distribution was assumed for the estimation of productive efficiencies. Then, based on the outcomes of productive efficiencies, determinants of productive efficiency were investigated using a tobit regression model. Results showed that the average inefficiency was estimated to be 10% and the production size would be a statistically significant variable for the production. In addition, it was shown that the cage installing method would be an important factor affecting to the level of productive efficiency.

The mechanism of thrust generation by dynamic stall in flapping flight

  • Lee Jung Sang;Kim Chongam;Rho Oh-Hyun
    • 한국전산유체공학회:학술대회논문집
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    • 2003.10a
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    • pp.291-293
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    • 2003
  • This paper deals with a thrust generation of flapping-airfoil by dynamic stall. From many other previous research results, phase angle $ between pitching and plunging mode of flapping motion must be 90 deg. to satisfy maximum propulsive efficiency. In this case, leading edge vortex is relatively small. This phenomenon is related dynamic stall. So preventing leading edge vortex induced by dynamic stall guarantees maximum propulsive efficiency. But, in this paper we insist the leading edge vortex yields quite a positive influence on thrust generation and propulsive efficiency. In order to certify our opinion, pitching and plunging motions were calculated with the parameter of amplitude and frequency by using the unsteady, incompressible Navier-Stokes flow solver with a two-equation turbulence model. For more efficient computation, it is parallelized by MPI programming method.

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A Study on the Hybrid Propulsion System for Fishing Boat (어선용 하이브리드 추진시스템에 관한 연구)

  • Oh, Jin-Seok;Jo, Kwan-Jun;Park, Choung-Hwan;Ham, Youn-Jae;Kwak, Jun-Ho;Lee, Ji-Young
    • Journal of Advanced Marine Engineering and Technology
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    • v.32 no.5
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    • pp.677-683
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    • 2008
  • The electric propulsion system us closely related with the economical efficiency of ship operation. Fuel efficiency is mainly decided by propulsion system such as diesel engine, propulsion motor and steam turbine. The hybrid propulsion system for fishing boat consists of diesel engine and battery as propulsion power source. This paper is to design battery capacity according to power consumption with ship operation condition, and to test the power consumption of model ship in the circulating water channel. As a result. it can be known that the optimum ship operation condition affects the fuel efficiency.

Exergy Analysis of Regenerative Gas Turbine Systems with Afterfogging (압축기 출구 물분사가 있는 재생 가스터빈 시스템의 엑서지 해석)

  • Kim, Kyoung-Hoon;Ko, Hyung-Jong;Kim, Se-Woong
    • Journal of the Korean Society of Industry Convergence
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    • v.13 no.1
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    • pp.31-39
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    • 2010
  • An exergy analysis is carried out for the regenerative gas turbine cycle which has a potential of enhanced thermal efficiency and specific power owing to the more possible water injection than that of inlet fogging under the ambient conditions. Using the analysis model in the view of the second law of thermodynamics, the effects of pressure ratio, water injection ratio and ambient temperature are investigated on the performance of the system such as exergetic efficiency, heat recovery ratio of recuperator, exergy destruction or loss ratios, and on the optimal conditions for maximum exergy efficiency. The results of computation for the typical cases show that the regenerative gas turbine system with afterfogging can make a notable enhancement of exergy efficiency.

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