• The Korean Journal of Financial Management
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• v.25 no.3
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• pp.33-78
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• 2008

This paper empirically examines whether firms engage in a dynamic adjustment process toward target capital structure and, whether there is a target capital structure or mean reverting using the partial adjustment model while allowing for costly adjustment. Also we investigate the empirical determinants of optimal target capital structure in long term equilibrium. As a result, our empirical model captures at least several important features of capital structure behavior for Korean listed firms. First, Korean firms pursue target capital structure and also there is mean reverting phenomenon. Second, Non-Chaebol and small firm in adjustment speed is faster than Chaebol and large firm. Third, even capital market restricts the adjustment speed interestingly. Fourth, Korean firms have target behavior according to a degree of observed gap. Fifth, Korean firms close about one-fourth of the gap between their actual and target debt ratios within one year and thence targeting behavior explains far more of the observed changes in capital structure than market timing or pecking order considerations. Sixth, capital market is significant in determining optimal capital structure.

• Journal of Power Electronics
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• v.16 no.6
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• pp.2173-2181
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• 2016

Permanent magnet synchronous motors (PMSMs) have higher torque and superior output power per volume than other types of AC motors. They are commonly used for applications that require a large output power and a wide range of speed. For precise control of PMSMs, knowing the accurate position of the rotor is essential, and normally position sensors such as a resolver or an encoder are employed. On the other hand, the position sensors make the driving system expensive and unstable if the attached sensor malfunctions. Therefore, sensorless algorithms are widely researched nowadays, to reduce the cost and cope with sensor failure. This paper proposes a sensorless algorithm that can be applied to a wide range of speed. The proposed method features a robust operation at low-speed as well as high-speed ranges by employing a gain adjustment scheme and intermittent voltage pulse injection method. In the proposed scheme the position estimation gain is tuned by a closed loop manner to have stable operation in tough driving environment. The proposed algorithm is fully verified by various experiments done with a 1 kW outer rotor-type PMSM.

• Journal of the Korean Regional Science Association
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• v.9 no.1
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• pp.101-106
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• 1993

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.24 no.5
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• pp.326-332
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• 2012

In this paper, error analyses on the calculation of offshore wind speed have been conducted using HeMOSU-1 data to develop offshore wind energy in Yeonggwang sea of Korea and onshore observed wind data in Buan, Gochang and Yeonggwang for 2011. Offshore wind speed data at 98.69 m height above M.S.L is estimated using relational expression induced by linear regression analysis between onshore and offshore wind data. In addition, estimated offshore wind speed data is set at 87.65 m above M.S.L using power law wind profile model with power law exponent(0.115) and its results are compared with the observed data. As a result, the spatial adjustment error are 1.6~2.2 m/s and the altitude adjustment error is approximately 0.1 m/s. This study shows that the altitude adjustment error is about 5% of the spatial adjustment error. Thus, long term observed data are needed when offshore wind speed was estimated by onshore wind speed data. because the conversion of onshore wind data lead to large error.

• Journal of Korean Academy of Nursing
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• v.42 no.4
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• pp.559-567
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• 2012

Purpose: This study aimed to evaluate the effectiveness of the empowerment intervention on the levels of self-esteem, interpersonal relationships and adjustment to nursing home life of the Korean nursing home residents. Methods: Participants (n=47) whose period of stay was less than one year were purposefully selected from 3 nursing homes in Korea. The experimental group (n=21) attended 10 weekly hour-long empowerment sessions. The empowerment program comprised two components; group education and group discussion. The control group (n=26) received a two-hour education about health management. Results: Compared with the control group, the experimental group showed significantly higher mean scores of selfesteem (t=5.51, p<.001), interpersonal relationships (t=2.73, p=.009) and adjustment to nursing home life (t=2.10, p=.041). Conclusion: Findings of this study suggest that empowerment interventions may be effective in enhancing nursing home residents' self-esteem, interpersonal relationships and adjustment to nursing home life. Future research is needed to determine if such an empowerment program could be used with newly institutionalized elders to speed as well as enhance their adjustment to nursing home life.

• Journal of Welding and Joining
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• v.15 no.6
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• pp.66-77
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• 1997

In the present work, Taguchi method for electron beam welding(EBW) process in AISI 4130 steel plate has been adopted for investigating the contribution of effect of welding variables. $A L_8(2^7)$ orthogonal array is adopted to obtain the effect of adjustment parameters. The adjustment parameters consist of accelerating voltage, beam current, travel speed and focus currrent. And the quality features selected for the EBW process are bead width of weldment, reinforcement, penetration depth, undercut and area of weld metal. Variance analysis is performed in order to check the effect of adjustment parameters on EBW. The mechanical properties of electron beam welded joints for each heat treatment conditions are investigated in comparison with those of base metal, especially from the view point of tensile and impact properties.

• International Journal of Highway Engineering
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• v.17 no.4
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• pp.107-115
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• 2015

PURPOSES: This study analyzes the characteristics of traffic flow on freeway sections under daytime and nighttime conditions to improve traffic safety, and suggests a method to estimate an accurate freeway capacity value that reflects these characteristics. METHODS : The trends and differences in capacity were investigated using comprehensive field data collected under both daytime and nighttime conditions on freeway sections with designated speeds of 80, 100, and 120 kph. RESULTS : The capacity values under nighttime driving conditions were reduced by 3.3%, 6.9%, and 8.8% at 80, 100, and 120 kph, respectively. Several nighttime adjustment factors were deduced for each designated speed category from the analysis results. CONCLUSIONS : It is expected that more accurate capacity values can be estimated for freeway sections under nighttime conditions by applying the resulting adjustment factors. In addition, traffic safety will be improved through the increased efficiency of traffic management on these freeway sections.

• The Korean Journal of Applied Statistics
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• v.16 no.2
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• pp.203-215
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• 2003

In order to provide the drivers with more reliable transportation information in NHTMS(National Highway Transportation Management System), it is important to estimate the expected passage time by using the traffic volume and speed. In this study, we analyze the characteristics of the traffic volume in the national highway and we investigate two real-time adjustment methods: the average adjustment method and the auto-regressive adjustment method. In addition, we compare them using the real data collected at the National Highway Route 3 in 2000.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.52 no.1
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• pp.20-27
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• 2003

In this study, we designed and made Ultrasonic motor-digital multi controller(USM-DMC) using FPGA chip, A54SX72A made in Actel Corporation. By the minute, USM-DMC can adjust the frequency, duty ratio, and phase difference parameters of USM by digital input to be each 11bit from PC. Therefore, when we use this controller, it is possible to apply typical three parameters individually as well as multi-parameters simultaneously to control the speed and the torque. What is more, the strongest point is that it can trace frequency based on optimized frequency as compared with the phase difference because we can input optimized resonant frequency while in motoring. And we test the speed of USM with the adjustment of multi-parameters, the phase difference-frequency. As the result of the test, in the case of the multi-parameters of the phase difference and frequency, the speed characteristic is more linear and stable, and wider in the range of control than the single-parameter of the phase difference or the frequency.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.1511-1516
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• 2011

The maintenance of the turnout is composed of signal field and track field on business, the electrical and mechanical field on system. adjustment and maintenance carry forward through coordination with these fields. In the case of turnout equipment used in a first phase of Seoul-Busan high-speed train, it is treated by classifying as mechanical adjustments and electrical adjustments. Mechanical adjustment is conducted with focus on fine adjustment to meet maintenance standards limits(1mm or less) about interval of basic rail and tongue rail about each part of track transition equipment. This refers to mechanical adjustments performed mainly with physical changes and movement characteristics between basic rail and tongue rail by considering the overall environment surrounding track side of section installed track transition equipment. However, these series of maintenance are conducted in state that high-speed train is not in the process from 1 am to 4 am at night, but common workers for maintenance are not familiar with the operation and checking about various situation, and the workers are even insufficient. Maintenance training using mixed reality is conducted in the place of business, we tried to overcome several problems of safety and time reduction through this training.