• The Pure and Applied Mathematics
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• v.29 no.1
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• pp.31-35
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• 2022

In the note, by virtue of Abel's theorem and Abel's limit theorem in the theory of power series, the author provides three proofs for a sum of an alternating series involving central binomial numbers.

• Journal of the Chungcheong Mathematical Society
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• v.32 no.4
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• pp.475-490
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• 2019

Let C^(q) be the q-commuting arithmetic table of (x + y)ⁿ with noncommuting variables. We study sequential properties of diagonal sums of C^(q) with various q > 0. One of our results shows that each diagonal sum plays like Fibonacci number with some minor conditions.

• Journal of Korea Technology Innovation Society
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• v.7 no.3
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• pp.533-554
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• 2004

Real option valuation considers the managerial flexibility to make ongoing decisions regarding implementation of investment projects and deployment of real assets. The appeal of the framework is natural given the high degree of uncertainty that firms face in their technology investment decisions. This paper suggests an algorithm for estimating volatility of logarithmic cash flow returns of real asset based on Monte Carlo simulation. This research uses a binomial model to obtain point estimate of real option value with embedded expansion option case and provides also an array of numerical results to show the interval estimation of option value using Monte Carlo simulation.

• Journal of the Chungcheong Mathematical Society
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• v.28 no.4
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• pp.537-543
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• 2015

In [9], the authors determine an infinite class of non-unimodal Gorenstein sequence, which includes the example $$\bar{h}_1\text{ = (1, 125, 95, 77, 71, 77, 95, 125, 1)}$$. They raise a question whether there is a Gorenstein algebra with Hilbert function $$\bar{h}_2\text{= (1, 125, 95, 77, 70, 77, 95, 125, 1)}$$, which has remained an open question. In this paper, we prove that there is no Gorenstein algebra with Hilbert function $\bar{h}_2$.

• The Pure and Applied Mathematics
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• v.25 no.1
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• pp.39-48
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• 2018

In this work, by applying the binomial expansion, some refinements of the Young and Heinz inequalities are proved. As an application, a determinant inequality for positive definite matrices is obtained. Also, some operator inequalities around the Young's inequality for semidefinite invertible matrices are proved.

• Journal for History of Mathematics
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• v.27 no.3
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• pp.155-164
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• 2014

Tianyuanshu and Zengcheng Kaifangfa introduced in the Song-Yuan dynasties and their contribution to the theory of equations are one of the most important achievements in the history of Chinese mathematics. Furthermore, they became the most fundamental subject in the history of East Asian mathematics as well. The operations, or the mathematical structure of polynomials have been overlooked by traditional mathematics books. Investigation of GuIlJib (九一集) of Joseon mathematician Hong JeongHa reveals that Hong's approach to polynomials is highly structural. For the expansion of $\prod_{k=11}^{n}(x+a_k)$, Hong invented a new method which we name Hong JeongHa's synthetic expansion. Using this, he reveals that the processes in Zhengcheng Kaifangfa is not synthetic division but synthetic expansion.

• Journal of Hydrogen and New Energy
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• v.25 no.3
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• pp.319-335
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• 2014

This study attempts to suggest an economic analysis model for SNG projects, which can reflect the future uncertainty objectively and applies the real option valuation incorporating the flexible investment decision. Based on this analysis model, net present value and internal rate of return were estimated by using preliminary feasibility study report of SNG project. And economic evaluation of SNG project was performed with real option valuation using binomial option model. Through this, the difference of analysis results between the real option valuation model and the discounted cash flow model were compared and the usefulness of the real option valuation model was confirmed. From the actual proof analysis, it is confirmed that the real option valuation model showed higher SNG project value than the discounted cash flow model did. It was confirmed that by applying the real option valuation model, economic analysis can be performed on not only the current straightforward SNG project, but also various future portfolios having options such as expansion, modification, or decommission.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.27 no.7
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• pp.1210-1216
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• 2003

Topology optimization is applied to determine the layout of a structural component with a specified frequency by minimizing the difference between the specified structural frequency and a given frequency. The homogenization design method is employed and the topology design problem is solved by the optimality criteria method. The value of a weighting factor in the optimality criteria plays an important role in this topology design problem. The modified optimality criteria method approximated by using the binomial expansion is suggested to determine the suitable value of the weighting factor, which makes convergence stable. If a given frequency is set as an excited frequency, it is possible to avoid resonance by moving away the specified structural frequency from the given frequency. The results of several test problems are compared with previous works and show the validity of the proposed algorithm.

• The Korean Journal of Community Living Science
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• v.27 no.1
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• pp.67-81
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• 2016

Responsible tourism has become an established area of the tourism industry. This study aims to identify the factors that influence re-participation in responsible tourism in rural Korea. On-site survey was conducted on 436 tourists by seven responsible tourism agencies in Korea. The motivation for responsible tourists was categorized into seven types: family togetherness, escape and relaxation, personal growth, social interaction, various experiences, learning, and natural experience. The estimation of a binary logistic regression model determined the characteristics of responsible tourists who are most likely to opt for re-participation in responsible tourism. Results indicated that important factors for re-participation in responsible tourism were 'age', 'educational level', 'accompany', 'length of stay', and 'motivation'. The results implied that tourists' internal and external factors are important for re-participation in responsible tourism. It is expected that this study will contribute to the market expansion of responsible tourism.

• Journal of the Chungcheong Mathematical Society
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• v.37 no.2
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• pp.57-66
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• 2024

In this paper, we study how the Hilbert polynomial, associated with a reduced closed subscheme X of codimension 2 in ℙ^N, reveals geometric information about X. Although it is known that the Hilbert polynomial can tell us about the scheme's degree and arithmetic genus, we find additional geometric information it can provide for smooth varieties of codimension 2. To do this, we introduce the concept of Gotzmann coefficients, which helps to extract more information from the Hilbert polynomial. These coefficients are based on the binomial expansion of values of the Hilbert function. Our method involves combining techniques from initial ideals and partial elimination ideals in a novel way. We show how these coefficients can determine the degree of certain geometric features, such as the singular locus appearing in a generic projection, for smooth varieties of codimension 2.