• Title/Summary/Keyword: bond model

Search Result 763, Processing Time 0.032 seconds

Estimation of Maximum Crack Width Using Minimum Crack Spacing in Reinforced Concrete (철근 콘크리트부재에서 최소균열간격을 이용한 최대균열폭 산정)

  • 고원준;양동석;장원석;박선규
    • Proceedings of the Korea Concrete Institute Conference
    • /
    • 2001.05a
    • /
    • pp.903-908
    • /
    • 2001
  • This paper deals with the estimation of the maximum flexural crack widths using minimum crack spacing for reinforced concrete members. The proposed method utilizes the conventional crack and bond-slip theories as well as bonding transfer length and effects of creep and shrinkage between the reinforcement and concrete. An analytical equation for the estimation of the maximum flexural crack width is formulated as a function of mean bond stress. The validity, accuracy and efficiency of the proposed method are established by comparing the analytical results with the experimental data and the major code specifications (e.g., ACI, CEB-FIP Model code, Eurocode 2, etc.). The analytical results of analysis presented in this paper indicate that the proposed method can be effectively estimated the maximum flexural crack width of the reinforced concrete members.

  • PDF

Conditional Value-at-Risk Optimization for Conversion of Convertible Bonds (전환사채 주식전환을 위한 조건부 VaR 최적화)

  • Park, Koo-Hyun;Shim, Eun-Tak
    • Korean Management Science Review
    • /
    • v.28 no.2
    • /
    • pp.1-16
    • /
    • 2011
  • In this study we suggested two optimization models to answer a question from an investor standpoint : how many convertible bonds should one convert, and how many keep? One model minimizes certain risk to the minimum required expected return, the other maximizes the expected return subject to the maximum acceptable risk. In comparison with Markowitz portfolio models, which use the variance of return, our models used Conditional Value-at-Risk(CVaR) for risk measurement. As a coherent measurement, CVaR overcomes the shortcomings of Value-at-Risk(VaR). But there are still difficulties in solving CVaR including optimization models. For this reason, we adopted Rockafellar and Uryasev's[18, 19] approach. Then we could approximate the models as linear programming problems with scenarios. We also suggested to extend the models with credit risk, and applied examples of our models to Hynix 207CB, a convertible bond issued by the global semiconductor company Hynix.

Determination Conversion Weight of Convertible Bonds Using Mean/Value-at-Risk Optimization Models (평균/VaR 최적화 모형에 의한 전환사채 주식전환 비중 결정)

  • Park, Koohyun
    • Korean Management Science Review
    • /
    • v.30 no.3
    • /
    • pp.55-70
    • /
    • 2013
  • In this study we suggested two optimization models to determine conversion weight of convertible bonds. The problem of this study is same as that of Park and Shim [1]. But this study used Value-at-Risk (VaR) for risk measurement instead of CVaR, Conditional-Value-at-Risk. In comparison with conventional Markowitz portfolio models, which use the variance of return, our models used VaR. In 1996, Basel Committee on Banking Supervision recommended VaR for portfolio risk measurement. But there are difficulties in solving optimization models including VaR. Benati and Rizzi [5] proved NP-hardness of general portfolio optimization problems including VaR. We adopted their approach. But we developed efficient algorithms with time complexity O(nlogn) or less for our models. We applied examples of our models to the convertible bond issued by a semiconductor company Hynix.

Surface Mounting Device의 동역학적 모델링 및 상태 민감도 해석

  • 장진희;한창수;김정덕
    • Proceedings of the Korean Society of Precision Engineering Conference
    • /
    • 1995.10a
    • /
    • pp.628-634
    • /
    • 1995
  • In the area of assembly process of micro-chips and electronic parts on the printed circuit board, surface mounting device(SMD) is used as a fundamental tool. Generally speaking, the motion of the SMD is based on the ball screw system operated by any type of actuators. The ball screw system is a mechanical transformer which converts the mechanical rotational motion to the translational one. Also, this system could be considered as an efficient motion device against mechanical backash and friction. Therefore a dynamic modeling and stste sensitivity analysis of the ball screw system in SMD have to be done in the initial design stage. In this paper, a simple mathematical dynamic model for this system and the sensitivity snalysis are mentioned. Especially, the bond graph approach is used for graphical modeling of the dynamic system before analysis stage. And the direct differentiation method is used for the state sensitivity analysis of the system. Finally, some trends for the state variables with respect to the design variables could be suggested for the better design based on the results on the results of dynamic and state sensitivity.

  • PDF

Nonlinear Flexural Analysis of RC Beam Overlayed by LMC (LMC로 덧씌우기된 RC보의 비선형 휨 해석)

  • Kim Seong Hwan;Kim Dong Ho;Choi Sung Yong;Yun Kyung Ku
    • Proceedings of the Korea Concrete Institute Conference
    • /
    • 2005.11a
    • /
    • pp.61-64
    • /
    • 2005
  • Recently to repair the structure of deteriorated concrete, LMC rehabilitation method is introduced. however, this method has the possible risks of brittle failure depending on bond performance of the interface. the prediction of interfacial behavior becomes essential to protect the failure. all of the studies which have been done about this field are only about material property such as strength, durability, bond. there is not enough data and studies about structural behavior and numerical analysis. therefore, in this study A flexural nonlinear analysis model of ABAQUS was proposed to predict the load-deflection response, interfacial stress, and ultimate strength. The parameter study showed that overlay thickness was a main influencing factor to the behavior of RC beam overlayed by LMC.

  • PDF

The prediction of interest rate using artificial neural network models

  • Hong, Taeho;Han, Ingoo
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 1996.04a
    • /
    • pp.741-744
    • /
    • 1996
  • Artifical Neural Network(ANN) models were used for forecasting interest rate as a new methodology, which has proven itself successful in financial domain. This research intended to construct ANN models which can maximize the performance of prediction, regarding Corporate Bond Yield (CBY) as interest rate. Synergistic Market Analysis (SMA) was applied to the construction of models [Freedman et al.]. In this aspect, while the models which consist of only time series data for corporate bond yield were devloped, the other models generated through conjunction and reorganization of fundamental variables and market variables were developed. Every model was constructed to predict 1,6, and 12 months after and we obtained 9 ANN models for interest rate forecasting. Multi-layer perceptron networks using backpropagation algorithm showed good performance in the prediction for 1 and 6 months after.

  • PDF

Evaluation of Structural Performance of Joint in Precast Prefabricated Manhole (프리캐스트 조립식 맨홀 접합부의 구조성능 평가)

  • Chung, Chul-Hun;Song, Na-Young
    • Journal of the Korean Society of Safety
    • /
    • v.26 no.2
    • /
    • pp.48-61
    • /
    • 2011
  • In this study, static tests were done on the joints between precast manholes and the joints between manhole and sewer. The static loading tests in not only elastic range but also ultimate state of model members were carried out to investigate the bond strength and ultimate load of a joint of precast manholes. Specimens were tested in bending, horizontal shear, horizontal shear of circumferencial direction and direct tension. The results of tests indicated good structural performance of the joints between precast manholes and the joints between manhole and sewer.

Microstructure of Vitreous Bonded Grinding Wheel (유리질 결합 공구의 미세구조)

  • Yang, Jin
    • Korean Journal of Materials Research
    • /
    • v.9 no.2
    • /
    • pp.111-116
    • /
    • 1999
  • The microstructure of vitreous bonded abrasives, which are used as the essential materials in the precise grinding, was investigated theoretically using two particle model. In this paper, a general equation applicable for a case in which there is a gap between abrasive grits is suggested. As a result, it was known that both the volume ratio of grit to glassy bond(V\ulcorner/V\ulcorner) and porosity(V\ulcorner) are the function of $\alpha$(the ratio of distance between grit to diameter of grit) and $\theta$(the angle from the center of pore to that of grit). Because the value $\alpha$ and $\theta$ can be get easily by using these suggested equations, the microstructure could be explained quantitatively. Also the raised error with the increasing amount of bond was modified by the simple assumption. As a result, in that case, both V\ulcorner/V\ulcorner and V\ulcorner were known to be the function of $\alpha$ and $\theta$(the ratio diameter of pore to that of grit).

  • PDF

Compensation of a Spindle Disturbance using an Electromagnetic Exciter (전자기 가진기를 이용한 스핀들 외란 보상 제어)

  • 안재삼;이선규
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 2000.10a
    • /
    • pp.329-329
    • /
    • 2000
  • In this paper, a spindle system using an electromagnetic exciter is proposed to compensate a spindle disturbance such as unbalance and machining force etc A spindle compliance can be readily varied with a disturbance which is generated by the interact ion between the spindle / workpiece structure and the cutting process dynamics. The varied compliance is one of the major constraints that deteriorates the surface quality of workpiece. This paper suggests a compliance compensation by using the EME in the proposed spindle system. To compensate the varied compliance, firstly a spindle system modeling was conducted by using the bond graph. Then the model is simulated by numerical analysis method and an optimal EME position is determined to compensate a disturbance effectively through simulation, which makes the bearing load to be minimized

  • PDF

Flexural Behavior of Reinforced Concrete Beams Strengthened by CFRP Plates (탄소섬유판으로 보강된 철근콘크리트 보의 휨거동해석)

  • Yang, Dong-Suk;Koh, Byung-Soon;Park, Sun-Kyu;You, Young-Chan;Choi, Ki-Sun
    • Proceedings of the Korea Concrete Institute Conference
    • /
    • 2005.05a
    • /
    • pp.243-246
    • /
    • 2005
  • This paper focuses on the flexural behavior of RC beams externally reinforced using Carbon Fiber Reinforced Plastics plates (CFRP). A non-linear finite element (FE) analysis is proposed in order to complete the experimental analysis of the flexural behaviour of the beams. This paper is a part of a complete program aiming to set up design formulate to predict the strength of CFRP strengthened beams, particularly when premature failure through plates-end shear or concrete cover delamination occurs. An elasto-plastic behaviour is assumed for reinforced concrete and interface elements are used to model the bond and slip.

  • PDF