• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.4
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• pp.560-566
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• 2008

Today, as the power trades between generation companies and power customer are liberalized, the uncertainty level of operated power system is rapidly increased. Therefore, transmission operators as decision makers for transmission expansion are required to establish a deliberate investment plan for effective operations of transmission facilities considering forecasted conditions of power system. This paper proposes the methodology for the optimal solution of transmission expansion in deregulated power system. The paper obtains the expected value of transmission congestion cost for various scenarios by using occurrence probability. In addition, the paper assumes that increasing rates of loads are the probability distribution and indicates the location of expanded transmission line, the time for transmission expansion with the minimum cost for the future by performing the Montecarlo simulation. To minimize the investment risk as the variance of the congestion cost, Mean-Variance Markowitz portfolio theory is applied to the optimization model by the penalty factor of the variance. By the case study, the optimal solution for transmission expansion plan considering the feature of market participants is obtained.

• International Journal of Naval Architecture and Ocean Engineering
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• v.12 no.1
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• pp.723-732
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• 2020

A theoretical calculation model for ship stern bearings with large hull deformation is established and validated theoretically and experimentally. A hull simulation model is established to calculate hull deformations corresponding to the reaction force of stern bearings under multi-factor and multi-operating conditions. The results show that in the condition of wave load, hull deformation shows randomness; the aft stern tube bearing load obeys the Gaussian distribution and its value increases significantly compared with the load under static, and the probability of aft stern tube bearing load greater than 1 is 65.7%. The influence laws and levels between hull deformation and bearing reaction force are revealed, and suggestions for ship stern bearing specifications are proffered accordingly.

• Journal of the Korea Society of Computer and Information
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• v.28 no.8
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• pp.187-194
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• 2023

Recently, a lot of discussions are underway in the field of introducing new technologies about the rapidly growing metaverse. However, the degree of acceptance of metaverse users at the beginning of the introduction is different from expectations, so research should be conducted for the continuous use of current real users and service success. In this study, we would like to investigate the relationship between four experience factors according to Metaverse's experiential economy theory, and perceived value and intention to continue use. A survey was conducted on metaverse real-life veterans, and 177 questionnaires were finally analyzed. The collected data were empirically analyzed using SPSS 25.0 and AMOS 21.0. As a result; First, it was found that all the experience factors of the metaverse had a positive effect on the perceived value. Second, all of the experience factors of metaverse were found to have a positive effect on the intention to continue use. Third, perceived value was found to have a positive effect on the intention to continue use. Based on the analysis results, the implications and limitations of this study were presented. Based on the analysis results, metaverse should provide and develop various experience factors differentiated from reality to users. In addition, providing an experience environment and value that metaverse users can perceive will increase users' intention to continue using it.

• Journal of the Korean Society of Hazard Mitigation
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• v.8 no.1
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• pp.97-102
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• 2008

The Natural Resource Conservation Service Curve Number(NRCS-CN) method is one of the widely used methods for computation of runoff from a basin. However, NRCS-CN method has a weak point in that the spatial land use distribution characteristics are ignored by using area-weighted CN value. This study developed a runoff estimation algorithm which can reflect the spatial land-use distribution. The algorithm consists of Moglen's theory and a developed flow accumulation estimation program in FORTRAN. Comparisons between the results from area-weighted CN method and this study showed reasonably good agreement with measured data of experimental watersheds. The developed program predicted lower runoff than the conventional NRCS-CN method. As a conclusion, this study proposes a new design direction which can simulate real runoff phenomena. And the developed program could be applied into runoff minimization design for a basin development.

• Structural Engineering and Mechanics
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• v.84 no.5
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• pp.633-649
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• 2022

In this study, the effect of circle tunnel on the force distribution around underground rectangular gallery was investigated using theoretical approach, experimental test and Particle flow code simulation (PFC). Gypsum model with dimension of 1500×1500 mm was built. Tensile strength of material was 1 MPa. Dimension of central gallery was 100 mm×200 mm and diameter of adjacent tunnel in its right side was 20 mm, 40 mm and 60 mm. Horizontal distance between tunnel wall and gallery edge were 25, 50, 75, 100 and 125 mm. using beam theory, the effect of tunnel diameter and distance between tunnel and gallery on the induced force around gallery was analyzed. In the laboratory test, the rate of loading displacement was set to 0.05 millimeter per minute. Also sensitivity analysis has been done. Using PFC2D, interaction between tunnel and gallery was simulated and its results were compared with experimental and theoretical analysis. The results show that the tensile force concentration has maximum value in center of the rectangular space. The tensile force concentration at the right side of the axisymmetric line of gallery has more than its value in the left side of the galleries axisymmetric line. The tensile force concentration was decreased by increasing the distance between tunnel and rectangular space. In whole of the configurations, the angles of micro cracks fluctuated between 75 and 105 degrees, which mean that the variations of tunnel situation have not any influence on the fracture angle.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.22 no.2
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• pp.189-196
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• 2009

This paper presents the subparametric finite element model formulated by partial-linear layerwise theory for the analysis of laminate composites. The proposed model is based on refined approximations of two dimensional plane for orthotropic thick laminate plate as well as thin case. Three dimensional problem can be reduced to two dimensional case by assuming piecewise linear variation of in-plane displacement and a constant value of out-of-plane displacement across the thickness. The integrals of Legendre polynomials are chosen to define displacement fields and Gauss-Lobatto numerical integration is implemented in order to directly obtain maximum values occurred at the nodal points of each layer without other extrapolation techniques. The validity and characteristics of the proposed model have been tested by using orthotropic multilayered plate problem as compared to the values available in the published references. In this study, the convergence test has been carried out to determine the optimal layer model in terms of central deflection and stresses. Also, the distribution of displacements and stresses across the thickness has been investigated as the number of layer is increased.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.15 no.1
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• pp.1-10
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• 2003

In this paper, the laboratory test results with middle-sired ,soil box test in modeling the in-situ installing of horizontal drains are discussed the estimation of the optimum negative pressure. The test was carried out in the different vacuum pressure conditions together with the measurement for the settlement and volume change of drained water by the installed drains during the consolidation process. After the test, the water content was measured to both directions of lateral distance from the drain and depth of the soil, to find out the distribution of ground improvement and strength enhancement. From the analysis on the distribution of water content, the gradual application of vacuum pressure to higher level by pre-determined stages starting from low vacuum pressure is found to be effective and desirable. In the comparison of the degrees of consolidation with elapsed time, the calculated value by the prediction method based on the Barren's conventional theory showed a good agreement with the measured value. With this, It is positively considered that the applicability of the prediction method based on Barren's theory to the practical design of horizontal drains can be justified such as in the calculation of drain spacing and consolidation period.

• The Journal of Information Systems
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• v.11 no.1
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• pp.29-49
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• 2002

Recently the paradigm of business management has changed. The businesses have restored to ERP or BPR to integrate their information system. But now they are trying to find out a new competitiveness in tacit knowledge of individuals. The creative company has come to put much weigh on the value of their employee′s "non-patternized" knowledge. And this trend has seen a development into a theory of knowledge management in which "non-patternized" knowledge, along with explicit knowledge, is also considered as a source of competitiveness. With the hypothesis that the recognition of the knowledge management and the utilization of the information technology will have influence on the integration of the integrating the information system information system into a new phase, this study carries out a research on the effects of knowledge management and information technology on management achievement. According to this study the distribution of knowledge has an effect on the integration of information system and management achievement. The asset of knowledge, however, has little effect on them. This means that the recognition of the asset of knowledge alone can't affect the management achievement, but when combined with the recognition of the distribution of knowledge, it can have influence on the management achievement. Thus, a company has to enhance the recognition of the distribution of knowledge. And with this, a company can have a business management based on management achievement and the integration of information system utilizing information technology and the recognition of knowledge management. A company has to promote it business achievement by integrating the information system utilizing information technology and recognizing knowledge management.

• Journal of the Korean GEO-environmental Society
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• v.9 no.4
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• pp.63-76
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• 2008

This research was carried in order to improve design technique for the vertical shaft of which design guide has not been proposed clearly. The deformation tendency of vertical shaft and distribution of the earth pressure around shaft were reviewed with both of theoretical earth pressure distribution suggested in design criteria and measured data which had been gained from 2 constructing shaft. The distribution of earth pressure applied on the vertical shaft was similar with the result of previous theory for the earth pressure proposed by Shin (2007). Moreover it was observed that asymmetric deformation and earth pressure around vertical shaft were caused by inhomogeneity and anisotropy of the ground. The asymmetric earth pressure ratio ($R_p$) in soil and weathered rock were divergent according to the shape ratio. In addition, it is more reasonable that the value of asymmetric earth pressure ratio ($R_p$) is considered less than 0.35 in the case of constructing shaft under rock.

• The Korean Journal of Financial Management
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• v.2 no.1
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• pp.55-75
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• 1986

This article is to analyse the economic efficiency of capital market, which plays a role of resource allocation in terms of financial claims such as stock and bond. It provides various contributions to the welfare theoretical aspects of modern capital market theory. The key feature that distinguishes the theory described here from traditional welfare theory is the presence of uncertainty. Securities has time dimensions and the state and outcome of the future are really uncertain. This problem resulting from this uncertainty can be solved by complete market, but it has a weak power to explain real stock market. Capital Market is faced with the uncertainity because it is a kind of incomplete market. Individuals and firms in capital market made their consumption-investment decision by their own criteria, i. e. the maximization of expected utility form intertemporal consumption and the maximization of the market value of firm. We noted that allocative decisions that had to be made in the economy could be naturally subdivided into two groups. One set of decisions concerned the allocation of first-period resources among consumption $C_i$, investment in risky firms $I_j$, and riskless investment M. The other decisions concern the distribution among individuals of income available in the second period $Y_i(\theta)$. Corresponing to this grouping, the theoretical analysis of efficiency has also been dichotomized. The optimality of the distribution of output in the second period is distributive efficiency" and the optimality of the allocation of first-period resources is 'the efficiency of investment'. We have found in the distributive efficiency that the conditions for attainability is the same as the conditions for market optimality. The necessary and sufficient conditions for attainability or market optimality is that (1) all utility functions are such that -$\frac{{U_i}^'(Y_i)}{{U_i}^"(Y_i)}={\mu}_i+{\lambda}Y_i$-linear risk tolerance function where the coefficients ${\mu}_i$ and $\lambda$ are independent of $Y_i$, and (2) there are homogeneous expectations, i. e. ${\Large f}_i(\theta)={\Large f}(\theta)$ for every i. On the other hand, the efficiency of investment has disagreement about optimal investment level. The investment level for market rule will not generally lead to Pareto-optimal allocation of investment. This suboptimality is caused by (1)the difference of Diamond's decomposable production function and mean-variance valuation model and (2) the selection of exelusive investment or competitive investment. In conclusion, this article has made an analysis of conditions and processes of Pareto-optimal allocation of resources in capital marker and tried to connect with significant issues in modern finance.