• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.57-64
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• 2021

This research attempts to formulate a new mean-risk model to replace the Markowitz mean-variance model by altering the risk measurement using ARCH variance instead of the original variance. In building the portfolio, samples used are closing prices of Indonesia Composite Stock Index and Indonesia Composite Bonds Index from 2013 to 2018. This study is a qualitative study using secondary data from the Indonesia Stock Exchange and Indonesia Bonds Pricing Agency. This research found that Markowitz's model is still superior when utilized in daily data, while the mean-ARCH model is appropriate with wider gap data like monthly observation. The Historical return has also proven to be more appropriate as a benchmark in selecting an optimal portfolio rather than a risk-free rate in an inefficient market. Therefore Mean-ARCH is more appropriate when utilized under data that have a wider gap between the period. The research findings show that the portfolio combination produced is inefficient due to the market inefficiency indicated by the meager return of the stock, while bears notable standard deviation. Therefore, the researcher of this study proposed to replace the risk-free rate as a benchmark with the historical return. The Historical return proved to be more realistic than the risk-free rate in inefficient market conditions.

• Structural Engineering and Mechanics
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• v.89 no.1
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• pp.61-75
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• 2024

Strengthening of hollow structural sections using through-bolts is a cost-effective and straightforward approach. It's a versatile method that can be applied during both design and service phases, serving as a non-disruptive and budget-friendly retrofitting solution. Existing research on axially loaded hollow sections T-joints has demonstrated that this technique can amplify the joint strength by 50%, where single bolt could enhance the strength of the joint by 35%. However, there's a gap in understanding their use for K-joints. As the behavior of K-joints is more complex, and they are widely existent in structures, this study aims to bridge that gap by conducting comprehensive parametric study using finite element analysis. Numerical investigation was conducted to evaluate the effect of through bolts on K-joints focusing on using single through bolt to achieve most of the strengthening effect. A full-scale parametric model was developed to investigate the effect of various geometric parameters of the joint. This study concluded the existence of optimal bolt location to achieve the highest strength gain for the joint. Moreover, a rigorous statistical analysis was conducted on the data to propose design equations to predict optimal bolt location and the corresponding strength gain implementing the verified by finite element models.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.21 no.1
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• pp.53-61
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• 1997

The performance characteristics of magnetic fluid seals are studied numerically as a function of working gap, pole width, angle of pole sharpening, and shaft speed. The temperature distribution of a magnetic fluid seal with multiple tooth is investigated as a function of the contact fraction of magnetic fluids at the periphery of pole tooth using a finite element method. The most significant design parameter of a magnetic fluid seal is the working gap between the pole pieces and the rotating shaft. The result shows that with increasing the working gap, the friction torque decreases radically. The practical working gap for the pole pieces with triangular tooth zone profile is 0.2-0.4mm. The FEM results indicate that the optimal filling of a magnetic fluid between the pole pieces and the shaft is very important due to the accumulations of nonuniform friction heating within the pole pieces, which may interfere the magnetic circuit flow.

• Journal of Electrical Engineering and Technology
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• v.12 no.2
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• pp.769-777
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• 2017

The research of air gap flux density has a significant effect on predicting and optimizing the structure parameters of electrical machines. In the paper, the air gap coefficient, leakage flux factor and saturation coefficient are first analytically expressed in terms of motor properties and structure parameters. Subsequently, the analytical model of average air gap flux density for surface-mounted permanent magnet synchronous machines is proposed with considering slotting effect and saturation. In order to verify the accuracy of the proposed analytical model, the experiment and finite element analysis (FEA) are used. It shows that the analytical results keep consistency well with the experimental result and FEA results, and the errors between FEA results and analytical results are less than 5% for SPM with high power. Finally, the analytical model is applied to optimizing the motor structure parameters. The optimal results indicate that the analytical calculation model provides a great potential to the machine design and optimization.

• Journal of Advanced Marine Engineering and Technology
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• v.33 no.7
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• pp.994-1002
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• 2009

In this paper, effect of air gap thickness between absorber plate and glass cover on top heat loss of a closed loop oscillating heat pipe (CLOHP) solar collector was investigated. The CLOHP, which is made of copper with outer diameter of 3.2mm and inner diameter of 2.0mm, comprises 8 turns with heating, adiabatic and cooling section. The heating section of the heat pipe was attached to absorber plate which heated by solar simulator simulated by halogen lamps. The cooling section of the heat pipe was inserted into collector's cooling section that made of transparent acrylic. Temperatures of absorber plate, glass cover, and ambient air measured by K-type thermocouple and were recorded by MV2000-Yokogawa recorder. Top heat loss coefficients and top heat loss of the collector corresponding to some cases of air gap thickness were determined. The result of experiment shows the optimal air gap thickness for minimum top heat loss of this solar collector.

• Journal of Korean Institute of Industrial Engineers
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• v.4 no.2
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• pp.77-81
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• 1978

The assortment problem with deterministic demand has been formulated so that a dynamic programming can be applied to find optimal production lengths that will minimize the sum of cutting losses. The original minimization problem can be reformulated as the maximization problem with a different objective function. This problem can be solved by the dynamic programming technique. A numerical example illustrates this approach. The ratio of computation amount of emumeration method to that of this dynamic programming is approximately n to 1.

• Proceedings of the KIPE Conference
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• 1999.07a
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• pp.58-61
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• 1999

This paper describes the program of optimally choosing parameter in designing inductor, which applied by fuzzy theory, and verifies the reliability of program to use in design of power supply of electronic machine and information communication. It is available to find optimal value of complex and various parameter, such as core, winding, winding number, and air-gap, etc., needed on designing inductor. We expects to minimize time and cost of inductor design.

• Journal of Electrical Engineering and Technology
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• v.1 no.3
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• pp.338-342
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• 2006

This paper analyzed the power loss of transformers considering the magnetic component. For this, each winding strategy and the effect of air gap between the ferrite core have been an important variable for optimal parameter calculation. Inductors are very well known design rules to devise, but the performance of the flyback converter as a function of transformer winding strategy has not been fully developed. The transformer analysis tool used was PExpert. The influence of the insulator thickness, effect of the air gap, how the window height and variation of the capacitive value effects the coil and insulator materials are some of parameters that have been analyzed in this work. The parameter analysis is calculated to a high frequency of 48[kHz]. Therefore, the final goal of this paper was to calculate and adjust the parameters according to the method of winding array and air gap minimizing the power loss.

• Journal of Welding and Joining
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• v.13 no.1
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• pp.145-155
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• 1995

Continuous wave C $O_{2}$ laser beam welding and formability of zinc coated steel plates were investigated. First, the optimal welding condition could be obtained in lap configuration by using the data for heat input, gap size and fracture behaviour. The gap size for fully-penetrated bead could be predicted by the gap model by Akhter et al. AIso, it was found that the joining efficiency was constant. Secondly, the butt welding of dissimilar materials (zinc coated steel plate and cold rolled steel plate) with different thicknesses was investigated. In the thickness range of 0.8-2.0 mm, the maximum welding speed of 10m/min was obtained. In the butt welding of two plates with thickness 2.0 mm and l.6mm, the maximum, welding speed of 6m/min was obtained, Finally. the forming results of butt-welded plates showed that the joining design was important to apply the laser welded blank in the automotive production.

• Proceedings of the KSME Conference
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• 2007.05a
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• pp.626-631
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• 2007

MR(Magneto-rheological) fluid is smart material that can be changed viscosity by controlling the magnetic field. MR damper with MR fluid can control damping force. It can be used extensively many engineering structures for reducing the effect of dynamic external disturbances. There are three kinds of MR dampers, such as valve mode, direct-shear mode and squeeze mode. In this study, design process of direct-shear mode MR damper with the MR fluid gap was developed. The parameters that used in the direct-shear mode MR damper Informed from the experiment of valve mode MR damper of Lord company. Magnetic analysis with finite element method was performed to find the optimal annular gap.