• Title/Summary/Keyword: Reserves

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Existence of an Industrial Optimal Level of Cash Holdings for KOSPI-Listed Firms in the Korean Capital Market (국내 유가증권 시장 상장기업들의 산업별 최적 현금유동성 수준 존재에 대한 실증분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.2
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    • pp.149-157
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    • 2017
  • This study investigated one of the contemporary financial issues that is still being debated among governmental policy makers, corporate managers, and investors in the domestic capital market. We attempted to identify the most optimal level of cash holdings for firms during the most updated fiscal years (from 2011 to 2015). The study utilized empirical methodologies, such as ANCOVA and RANCOVA, with respect to the 'inter-' and 'intra-industry' analyses for KOSPI-listed firms. Regarding the first hypothesis testing for inter-industry influence, we revealed with statistical significance that there were differences; however, there were only 3 pronounced industries among the 25 industries sampled in this study. Regarding the second hypothesis, only a few (i.e. two) industries showed no statistically significant intra-industry influence. Based on our results, most KOSPI-listed firms still seem to be searching for their optimal levels of cash reserves. Hence, we can anticipate that the value maximization as a corporate goal can be achieved after adjusting the current levels of their cash holdings according to the optimal points.

Design of thermal system using 3-way valve and PTC to which a solar module (태양광 모듈이 부착된 PTC 집열기 및 3웨이 밸브를 이용한 온열 시스템 설계)

  • Song, Je-Ho;Lee, In-Sang;Lee, You-Yub
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.1
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    • pp.454-459
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    • 2017
  • In this study, a thermal system was designed using a 3-way valve and PTC attached to a solar module. This design could help solve the problem of rising fossil fuel costs caused by limited reserves and environmental problems resulting from fossil fuel use. The thermal system is a hot-air and heating control system composed of a temperature sensor part, mode setting part (for hot air and heating modes), supply part, and thermal system control part. The temperature sensor part has piping and an indoor temperature display, and the temperature setting part has multiple monitoring functions. The mode setting part switches between hot air and heating modes and can be used to set the temperature. The thermal system control part performs functions such as PTC control and temperature setting, PTC day and night and time selection, hot air and heating control, and three-way valve selection. The results verify that the system operates with stable response speeds of $680{\mu}s$ in the temperature sensor part, $700{\mu}s$ in the mode setting part, and $610{\mu}s$ in the thermal system control part.

Effect of Starvation on the Total Metabolism of Crangon affinis (자주새우, Crangon affinis의 총대사에 미치는 기아의 영향)

  • CHIN Pyung;SHIN Yun-Kyung
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.25 no.5
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    • pp.371-382
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    • 1992
  • Biochemical composition, the rates of nitrogen excretion in the form of ammonia, amino acids and total nitrogen, and oxygen consumption of the shrimp Crangon affinis were measured at three temperature regimes $(7,\;15,\;and\;25^{\circ}C)$ and the variations were also determined for starvation periods (1-25 days). The composition of the major biochemical fractions was analysed into carbohydrate: $4.2\%,\;protein:\;68.6\%,\;lipid:\;7.0\%,\;chitin:\;6.3\%,\;and\;ash:\;14.6\%,$ all expressed as percentage of dry weight. Molting frequency was lower at $7^{\circ}C\;than\;25^{\circ}C$ during the period of starvation, and during the same period the higher temperature was, body weight and body compositions the more decreased. Through all starvation periods $O_2$ consumption tended to decrease but total nitrogen tended to increase at any temperature regimes. The dominant form of excreted total nitrogen was ammonia-N at any temperature. From the O:N ratio it appeared that carbohydrate and lipid reserves were quickly exhausted (1-5 days), and that proteins were the substrates oxidized to meet the energetic requirements of C. affinis at any temperature. After 25 days of starvation the O:N ratio remained constant near a value of 8, which indicates that only proteins were being utilized at three temperatures. After 25 days of starvaion C. affinis excreted 23.01ug N/mg body nitrogen per day at $7^{\circ}C,\;32.97\mu g\;N/mg$ body nitrogen per day at $15^{\circ}C,\;and\;44.81\mu g\;N/mg$ body nitrogen per day at $25^{\circ}C$, and lost about 1.75, 2.47 and $3.29^{\circ}C$ of body protein per day at 7, 15, and $25^{\circ}C$ respectively.

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A Prioritized Call Admission Control using Prediction-Based Adaptive Bandwidth Reservation in High-Speed Multimedia Wireless Networks (고속 멀티미디어 무선 망에서 예측 기반의 적응적 대역폭 예약을 이용한 우선순위 호수락 제어)

  • Kim, Mi-Hui;Chae, Gi-Jun
    • Journal of KIISE:Computer Systems and Theory
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    • v.26 no.8
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    • pp.984-998
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    • 1999
  • 최근 개인 휴대 통신에 대한 관심도가 증가하면서 B-ISDN (Broadband Integrated Services Digital Network)과 같은 기존의 유선 망에서 제공하던 다양한 멀티미디어 응용 지원을 무선 망으로 확장시키기 위한 연구가 활발히 진행되고 있다. 그러나 기존의 유선 망에서는 멀티미디어 응용 지원을 위해 QoS (Quality of Service) Provisioning에 관한 많은 연구가 되어 있으나 무선 망에서는 이동성과 무선 전파의 열악한 전송으로 인해 새로운 QoS Provisioning 방법에 관한 연구가 필수적이다. 본 논문에서는 이러한 무선 망의 특수성으로 인해 발생할 수 있는 서비스의 질 저하와 강제 종료를 줄임으로써 지속적인 QoS를 보장해 주고 한정된 무선 자원을 효율적으로 사용하며 처리에 의한 오버헤드를 줄이기 위하여 다음과 같은 세 가지 방법을 제안하였다. 첫째, 핸드오프 강제 종료율을 줄이기 위하여 대역폭 예약 방법을 사용하되 특정 셀의 트래픽 특성에 맞게 또한 시간대에 따른 트래픽 특성에 따라 예약 대역폭의 양을 조절하는 적응적 대역폭 예약 방법이다. 둘째, 많은 경우 각 셀의 트랙픽 변화는 일정한 주기로 변화한다는 특성에 따라 과거의 트래픽 정보를 이용하는 예측 기반의 대역폭 예약 방법이다. 마지막으로 호의 종류, 트래픽 특성, 단말기의 이동 속도에 따라 다른 우선 순위에 의해 호 수락 제어를 수행하는 우선 순위 기반의 호 수락 제어를 제안하였다. 시뮬레이션을 통하여 기존에 제안된 방법과 성능 비교하여, 요구되는 수준의 QoS 보장과 효율적인 자원의 사용, 요구되는 처리비용의 최소화를 통해 전체 시스템의 성능 향상을 입증하였다.Abstract As interest in wireless hand-held terminals and in personal communications services increases recently, there have been broad studies on the ways to support multimedia applications provided in wired networks such as B-ISDN (Broadband Integrated Services Digital Network) in wireless networks. However, since many studies have focused on Quality of Service (QoS) Provisioning in wired networks to provide multimedia applications, new methods of QoS Provisioning are needed in wireless networks to resolve the problem of wireless channel fading and the difficulty of mobility occurred in wireless networks. This paper proposes three schemes of QoS Provisioning in wireless networks which will make continuous QoS guarantee and efficient use of limited wireless resources possible. The first scheme reserves bandwidth in proportion to the amount of real-time traffic in the neighbor cells to decrease the handoff dropping rate of delay sensitive real-time connections, adapting reserved bandwidth for efficient resource utilization. The second scheme is predictive bandwidth reservation scheme that utilizes the past handoff information. It can decrease overheads required to adapt bandwidth reservation. The last scheme is priority-based call admission control prioritizing traffic type (real-time traffic/ non-real-time traffic), connection type (new connection /handoff connection), and mobile terminal speed (fast mobile/slow mobile). Simulation results show that the proposed QoS Provisioning schemes improve the total system performance by achieving three goals - required QoS guarantee, higher bandwidth utilization and less overhead.

An Efficient TCP Buffer Tuning Algorithm based on Packet Loss Ratio(TBT-PLR) (패킷 손실률에 기반한 효율적인 TCP Buffer Tuning 알고리즘)

  • Yoo Gi-Chul;Kim Dong-kyun
    • The KIPS Transactions:PartC
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    • v.12C no.1 s.97
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    • pp.121-128
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    • 2005
  • Tho existing TCP(Transmission Control Protocol) is known to be unsuitable for a network with the characteristics of high RDP(Bandwidth-Delay Product) because of the fixed small or large buffer size at the TCP sender and receiver. Thus, some trial cases of adjusting the buffer sizes automatically with respect to network condition have been proposed to improve the end-to-end TCP throughput. ATBT(Automatic TCP fluffer Tuning) attempts to assure the buffer size of TCP sender according to its current congestion window size but the ATBT assumes that the buffer size of TCP receiver is maximum value that operating system defines. In DRS(Dynamic Right Sizing), by estimating the TCP arrival data of two times the amount TCP data received previously, the TCP receiver simply reserves the buffer size for the next arrival, accordingly. However, we do not need to reserve exactly two times of buffer size because of the possibility of TCP segment loss. We propose an efficient TCP buffer tuning technique(called TBT-PLR: TCP buffer tuning algorithm based on packet loss ratio) since we adopt the ATBT mechanism and the TBT-PLR mechanism for the TCP sender and the TCP receiver, respectively. For the purpose of testing the actual TCP performance, we implemented our TBT-PLR by modifying the linux kernel version 2.4.18 and evaluated the TCP performance by comparing TBT-PLR with the TCP schemes of the fixed buffer size. As a result, more balanced usage among TCP connections was obtained.

Suggestion of the Modified Archie's Formula for Calculating Water Saturation of Clean Sandstone and Carbonate Rocks (청결 사암 및 탄산염암의 물 포화도 산출을 위한 수정 Archie 경험식의 제안)

  • Lee, Sang-Hee;Ko, Eun-Ji;Kim, Jin-Hoo
    • Geophysics and Geophysical Exploration
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    • v.18 no.3
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    • pp.125-132
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    • 2015
  • The water saturation ($S_w$), which is very important to estimate hydrocarbon reserves in the reservoir, has been determined from resistivity index (RI) by using the Archie's formula. However, in many cases, it has been reported that n is not constant for a given formation and it could be varied with water saturation. In addition, it frequently happens that the line obtained by linear regression analysis on log-log scale does not pass through the origin. In order to overcome these drawbacks, we suggested a modified Archie's formula, which can handle almost all the RI vs. $S_w$ cross-plots whether the trend is straight or curved and whether it passes through the origin or not. We also demonstrated that how to determine conductivity exponent ${\mu}$, critical water saturation $S_c$, and saturation distribution factor b in the laboratory to use the modified Archie's formula. Since the modified Archie's formula takes into account pore structure, pore water distribution, and wettability of reservoir such as clean sandstone and carbonate rocks, it might improve field applicability.

Analysis of PLAN Modernization Trend and Prospects for Balance of U.S-China Naval power in the East Asia (중국해군(PLAN)의 현대화 추세와 동아시아 지역의 미·중 해군력 균형 전망)

  • Kwon, Jeong Wook
    • Strategy21
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    • s.43
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    • pp.5-28
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    • 2018
  • The tensions between the U.S and China, which form the two pillars of the G2 era, seem to have persisted even after the Trump administration inaugurated. The strong confrontation between the two in recent foreign security issues may drive to develop an inadvertent military conflict, and it is high likely to occur in the maritime are. The purpose of this study is not only to analyze the balance of modernized naval forces in the PLAN through naval strategy changes and weapons system modernization trend, but also to predict the impact of the geographical proximity difference on the balance of naval forces in the disputed areas. It examined the impact of distance and geography on naval power by assessing the modernization pattern of the PLAN and capabilities in the context of two scenarios at different distances from China by 2020: one centered on Taiwan and the other on the Spratly Islands. The PLAN's strategy had impact on operational concept and forces construction. First, from the viewpoint of operation operational concept, it can be seen that the passive defense is changing into active defense. Second, in terms of power construction, it can threaten the surface and submarines of U.S power from a distance. And they generated follow three features; The ocean is not the focus of Chinese submarines, Horizontal and vertical expansion of Chinese naval vessels, The improvement of the suppression ability as the Chinese naval modernization ratio increases. The strength of the PLAN is dominant over the U.S in terms of reserves, and it can complement the qualitative deterioration by utilizing nearby bases in the vicinity of the mainland, such as the Taiwan Strait. However, due to the shortage of aircraft carriers, there is a possibility that it will take some time to secure the advantage of air and ocean in the amphibious operation. Therefore, as the dispute is prolonged, China may fail to achieve its original goal. In addition, the lack of cutting edge Commanding Ships may bring to weaken the C2 capabilities. At results, it is expected that PLAN will not be able to have a superiority in the short term due to lagging behind U.S advanced technology. Nevertheless, PLAN has strengthened its naval power through modernization sufficiently and it is highly likely to use force. Especially, it is more likely in the region where the naval power operation like the Taiwan Strait is possible with the almost equality to that of the United States. China will continue to use its naval forces to achieve a rapid and decisive victory over U.S in the close area from the land.

Multi channel reservation scheme for underwater sensor network (수중 센서 네트워크에서 다중 채널 예약방법)

  • Lee, Dong-Won;Kim, Sun-Myeng
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2011.05a
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    • pp.336-339
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    • 2011
  • In the RTLS(Real Time Location Based System), in case of existing a number of moving target, extremely complecated data flow is can be occurred. In the network where single gateway exists, various data which was collected from sensor node is transmitted along the simple route as time goes by. In case of multi-gateway configuration, the collected data is transmitted through diverse routes rather than simple route. This kind of data causes jams on nodes and this brings down the performance of the network. Different from existing studies, in this thesis, MAC (Media Access Control) protocol which minimizes data collision between nodes and guarantees QoS(Quality of Service) is suggested, in order to communicate efficiently in multi-gateway underwater sensor network environment. In the suggested protocol, source node which wants to transmit data makes a channel reservation to a number of destination node using a RTS packet. Source node reserves a channel without collision, by scheduling CTS response time using expected delay information from neighbor nodes. Once the reservation is made, source node transmit data packet without collision. This protocol analyzes/estimates the performance compared to a method provided from existing studies via simulation. As a results of the analysis, it was comfirmed that the suggested method has better performance, such as efficiency and delay.

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Design and Evaluation of a Reservation-Based Hybrid Disk Bandwidth Reduction Policy for Video Servers (비디오 서버를 위한 예약기반 하이브리드 디스크 대역폭 절감 정책의 설계 및 평가)

  • Oh, Sun-Jin;Lee, Kyung-Sook;Bae, Ihn-Han
    • The KIPS Transactions:PartB
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    • v.8B no.5
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    • pp.523-532
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    • 2001
  • A Critical issue in the performance of a video-on-demand system is the required I/O bandwidth of the Video server in order to satisfy clients requests, and it is the crucial resource that may cause delay increasingly. Several approaches such as batching and piggybacking are used to reduce the I/O demand on the video server through sharing. Bathing approach is to make single I/O request for storage server by grouping the requests for the same object. Piggybacking is th policy for altering display rates of requests in progress for the same object to merge their corresponding I/O streams into a single stream, and serve it as a group of merged requests. In this paper, we propose a reservation-based hybrid disk bandwidth reduction policy that dynamically reserves the I/O stream capacity of a video server for popular videos according to the loads of video server in order to schedule the requests for popular videos immediately. The performance of the proposed policy is evaluated through simulations, and is compared with that of bathing and piggybacking. As a result, we know that the reservation-based hybrid disk bandwidth reduction policy provides better probability of service, average waithing time and percentage of saving in frames than batching and piggybacking policy.

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Development of an Experimental Model for Vitamin C Requirement Study in Korean Rockfish, Sebastes schlegeli (조피볼락(Sebastes schlegeli)의 사료내 비타민 C 요구량 설정을 위한 기초연구)

  • Bai Sungchul C.;Lee Kyeong-Jun;Jang Hye-Kyung
    • Journal of Aquaculture
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    • v.9 no.2
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    • pp.169-178
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    • 1996
  • This experiment was conducted to develop an experimental model and a semipurified diet for vitamin C requirement study in juvenile Korean rockfish, Sebastes schlegeli. Prior to the start of the feeding trial, fish were fed the control diet for four weeks to deplete their body reserves of vitamin C, Then fish were divided into six groups and given one of the laboratory developed semipurified diets supplementing either 0 (control), 25, 50, 75, 150, o. 1500 mg L-ascorhic acid (AA)/kg diet for eight weeks. Fish fed control diet had lower hematocrit than did fish from groups fed the other diets (P<0.05). Also these fish had significantly lower percent weight gain (WG), feed conversion ratio (FCR) and muscle AA than did fish fed diets containing 150 and 1500 mg AA/kg diet (P<0.05). Diet analysis of vitamin C showed that the control diet had 39,7 mg AA/kg diet. Therefore, these fingings suggest that the experimental model and the semipurified diet can be useful for vitamin C requirement study, and the dietary vitamin C requirement is greater than 40 mg AA/kg diet, but 150 mg AA/kg diet is adequate for the maximum growth in juvenile Korean rockfish.

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