• KIEE International Transactions on Power Engineering
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• v.4A no.2
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• pp.58-68
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• 2004

This paper presents an optimal routing algorithm (ORA) for maximizing voltage stability as well as for minimizing power loss in radial power systems. In the proposed ORA, a novel voltage stability index (VSI) for real-time assessment is newly introduced based on the conventional critical transmission path framework. In addition, the suggested algorithm can automatically detect the critical transmission paths resulting in voltage collapse when additional real or reactive loads are added. To implement an effective ORA, we have developed an improved branch exchange (IBE) method based on a loss calculation index and tie-branch power flow equations, which are suggested for real-time applications. The proposed algorithm has been tested with IEEE test systems as well as a large-scale power system in Korea to demonstrate its effectiveness and efficiency.

• Journal of Environmental Science International
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• v.7 no.1
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• pp.89-95
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• 1998

Ion exchange performance to remove nitrate in water was studied using commercially available strong base anion exchange resin of Cl- type in the batch and continuous column reactors. The performance was tested using the effluent concentration histories for continuous column or equilibrium conquilibrium between resin and solution. Anion exchange resin used in this study was more effective than activated carbon or zeolite for nitrate removal. With large resin amount or low initial concentration, nitrate removal characteristics for a typical gel-type resin was Increased. On considering the relation between the breakthrough capacity and nitrate concentration of the influent, the use of anion exchange resin were suitable for the hi선or order water treatment. The nitrate removal of above 90% could be possible until the effluent of above 650 BV was passed to the column. Thus, the commercially available strong base anion exchange resin of $Cl^-$ type used in thins study could be effectively used as economic material for treatment of the groundwater. The breakthrough curves showed the sequence of resin selectivity as $SO_4^{2-}$ > $NO_3$ > $NO^{2-}$ > $HCO_3^-$. The results of this study could be scaled up and used as a design tool for the water purification system of the real groundwater and surface water treatment processes.

• Journal of Korea Trade
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• v.25 no.1
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• pp.34-46
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• 2021

Purpose - This paper aims to analyze the impact of the terms of trade, export price, and import price on the Korean economy (that is, real GDP, CPI, money market rate, and real effective exchange rate), and vice versa in the simple vector autoregression. Design/methodology - We impose two assumptions, i.e., diagonality and bloc exogeneity, to correctly identify the impact of a factor to the others in the structural equation. With two contemporaneous assumptions in the structural VAR, this paper investigates the impacts of the terms of trade on the Korean economy and vice versa. Findings - Impulse responses to the shocks in the terms of trade and Korean economy show that 1) an impact of the terms of trade on the economy is different in export prices and in import prices. A higher export price is beneficial to the economy while a higher import price hurts the economy, and 2) an increase in real effective exchange rate and in interest rate constrains domestic production and lowers consumer prices. Originality/value - Unlike the conventional perception that a depreciation of a currency would promote exports and domestic production at the price of inflation, our result shows the opposite, and 3) real GDP and consumer prices are positively correlated. That is, an increase in real GDP does not only cause inflation, but an increase in consumer prices also promote domestic production. Yet, the only difference is that export prices and import prices end up higher with an increase in real GDP, but lower with inflation.

• Journal of Distribution Science
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• v.14 no.12
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• pp.79-87
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• 2016

Purpose - Since 1990, the sudden stop in capital flows has caused the economic crisis. The purpose of this research is to suggest the policy measures to mitigate the risk of the sudden stop in capital flows. To this end, we examine the theoretical framework and analyze the case study for countries which are faced with the sudden stop. Also we examine the structural problems of the foreign exchange market in Korea and derive the policy implications to prevent the sudden stop. Research design, data, and methodology - The criteria of whether the sudden stop in capital flows occurs are based upon Calvo et al. (2008). In case the proxy variable for the balance of capital account decreases from the average by over twice standard deviation, we determine that the sudden stop occurs for that country. The sample period is from January 1990 to December 2008, as in Calvo (2014). The sample countries are 17 developed countries and 19 emerging market countries, which are different from those of the previous papers as Agosin and Huaita (2012), and Calvo (2014). When the exchange market pressure index(EMPI) is deviated from the average by over three times standard deviation, we determine that the foreign exchange market is unstable for that country. Results - We find that the characteristics of the sudden stop in capital flows are the bunching or contagion among countries, the rapid drop in real effective exchange rate, and the huge decrease in foreign exchange reserves. Many countries tried to increase foreign exchange reserves and regulate capital flows. Also the foreign exchange market in Korea are found to be the volatile exchange rate, the vulnerable external debt and careless management of the foreign exchange derivatives transaction risk. Conclusions - To lessen the risk in the sudden stop of capital flows, this research suggests the some useful policy measures. To enhance the foreign exchange and distribution market stability, we should improve the price mechanism of exchange rate, hold the appropriate level of foreign exchange reserves, prevent excessive inflows of foreign exchange and promote sound transactions of foreign exchange derivatives.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.61-69
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• 2021

The aim of this paper is to empirically investigate whether and how domestic currency valuation is related to firm-level export competitiveness and profitability by using the unique firm-specific dataset on Bangladeshi nonfinancial firms which have been listed continuously from 2010 to 2018. To achieve the aim of this paper, 63 exporting firms are extracted from a total of 125 firms which have been continuously listed during 2010-2018 and used as the final sample firms. The Pedroni cointegration test reveals that export and import prices of the exporting firms are cointegrated in the short-run as well as long-run. The panel dynamic ordinary least square (DOLS) analysis finds that a firm's export competitiveness is maintained by high import inputs even in the presence of depreciation of Bangladeshi currency against the US dollar. Finally, the DuPont analysis finds that the depreciated Bangladeshi currency enhances an exporter's profitability. Conclusions based on the findings are consistent regardless of exchange rate types, such as, real bilateral exchange rate and nominal or real effective exchange rate indexes. Consequently, the firm-level findings of this investigation suggest that undervalution of home currency is essential for Bangaldesh which is one of the frontier markets in South Asia whose exporting firms are mostly price followers in global markets.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.24 no.11
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• pp.1549-1554
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• 2000

A new method to determine the total heat exchange factor was proposed for the prediction of billet temperature in a reheating furnace. This method employed the squared of the difference between measured and predicted temperatures as an objective function. The real billet temperature in a walking beam type reheating furnace with 19.75m of its effective length was directly measured by thermocouples. The present method was validated by showing that the predicted billet temperature was in a good agreement with the measured one.

• Journal of IKEEE
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• v.22 no.1
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• pp.136-142
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• 2018

Recently, as the development system has become larger, sequential simulation methods have become impossible to verify systems that take a long time or require real time results. Therefore, a study of a distributed simulation system that simulates several processes has been conducted. In order to simulate real-time systems, efficient data exchange between distributed systems is required. Data Distribution Service is a data-oriented communication middleware proposed by Object Management Group and provides efficient data exchange and various QoS. However, in a large-scale distributed simulation environment distributed over a wide area, there is a problem of Participant Discovery and QoS guarantee due to domain separation in data exchange. Therefore, in this paper, we propose a DDS/SDN architecture that can guaranteed QoS and effective Participant Discovery in an SDN-based network.

• Journal of Ship and Ocean Technology
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• v.10 no.2
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• pp.11-23
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• 2006

The model exchange from CAD system to CAE system in valid and effective manner is the major issue of automatic analysis modelling of ship structure. However, model exchange approaches based on the neutral CAD file have resulted in invalid model exchange that could not properly reflect the characteristics of CAD model and CAE model of ship structure. This paper presents the new approach of n-to-n mapping to exchange ship structure model in heterogeneous CAD/CAE environments. In this study, the common model called 'unified ship model for analysis' to directly extract proper information from different CAD systems for ship structural analysis is proposed. Moreover, a command language based model interfacing technique to construct an idealized model for analysis job is also proposed. The proposed approach has been actually implemented in DSME CAD/CAE environment of ship structure such as TRIBON system, PATRAN system and FLUENT system. The applicability and effectiveness of the proposed approach was verified by applying it to the real analysis project for fore-body of ship and block lifting. This application results show that the proposed approach can be effectively used for heterogeneous CAD/CAE environment.

• Journal of Electrical Engineering and Technology
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• v.9 no.2
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• pp.755-761
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• 2014

Heterogeneous components have different component models, which prevents such components from sharing the functionalities of other components based on the different models. As one of methods for linking heterogeneous components, this paper suggests a proxy component to construct a bridge between heterogeneous components of OPRoS (Open Platform for Robotic Service) and RTM (Robot Technology Middleware). The proxy component consists of two types of components called Adaptor and Interceptor, via which the heterogeneous components can exchange data and services easily. The proposed method enables adaptor and interceptor components to directly invoke the services of the latter and the former, respectively, in order to exchange data and services on a real-time basis. The proxy component can be implemented for OPRoS and RT (Robot Technology) component models to connect with RT and OPRoS ones, respectively. It is shown through a simple experiment that the proposed method works well for real-time control.

• Proceedings of the Korea Society for Simulation Conference
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• 2001.10a
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• pp.77-82
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• 2001

An intelligent road transport management system focused on microscopic, real-time traffic signal control is proposed. Referring to the development of those systems in Japan, extensive use of image traffic detectors observing the movement of vehicles inside intersections, and direct data exchange between the signal controllers of neighboring intersections are newly assumed. On site investigation of five intersections in Japan or in Malaysia shows the possibility of effective information provision and simple algorithm for solving heavy congestion, as well as easy installation.