• 기술혁신학회지
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• 제8권1호
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• pp.29-50
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• 2005

Real options provide a new and productive way to view corporate r&d investment decisions. DCF approach is well established and beloved of financial executives, but is known to systematically underestimate investment value under significant uncertainty. Though real options are not inherent in a r&d investment, they can be used to compute the investment value including managerial flexibility like option value. In this paper, we explain how the interval of option value in black-scholes model can be estimated using simulation. We also present a process framework for interval estimation of volatility and efficient of period of investment value. In such a setting, we can obtain the appropriate interval estimation of the expanded investment value.

• 전기학회논문지
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• 제56권1호
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• pp.174-182
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• 2007

In this paper, we study the influence of infection ratio on gradual reduction of drug dose for the five state HIV infection model that explicitly includes the population of the virus. We first compute all equilibrium points of the model and investigate the stabilities of them. As a result, a bifurcation diagram is obtained which shows a change in the equilibrium points, or in their stability properties, as the drug effect $\eta$ is varied from 0 to 1(alternatively, drug dose is changed from 1 to 0). Based on the bifurcation diagram, we show that the gradual reduction of drug dose can be applied for the treatment of AIDS patients. Moreover, we analyze the influence of the variation of infection ratio on the gradual reduction treatment. Computer simulation results are also presented to validate the proposed results.

• International Journal of Safety
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• 제2권1호
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• pp.7-11
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• 2003

Structure of the counterflow nonpremixed flames were investigated by using Fire Dynamics Simulator(FDS) and OPPDIF to evaluate FDS for simulations of the diffusion flame. FDS, employed a mixture fraction formulation, were applied to the diluted axisymmetric methane-air nonpremixed counterflow flames. Fuel concentration in the mixture of methane and nitrogen was considered as a numerical parameter in the range from 20% to 100% increasing by 10% by volume at the global strain rates of $a_g = 20S^{-l} and 80S^{-1}$ respectively. In all the computations, the gravity was set to zero since OPPDIF is not able to compute the buoyancy effects. It was shown by the axisymmetric simulation of the flames with FDS that increasing fuel concentration increases the flame thickness and decreases the flame radius. The centerline temperature and axial velocity, and the peek flame temperature showed good agreement between the both methods.

• 조명전기설비학회논문지
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• 제27권7호
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• pp.52-58
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• 2013

The two-dimensional finite difference time domain algorithm is used to numerically reconstruct the electron density profile in O-mode ultrashort pulse reflectometry. A Gaussian pulse is employed as the source of a probing electromagnetic wave. The Gaussian pulse duration is chosen in such a manner as to have its frequency spectrum cover the whole range of the plasma frequency. By using a number of numerical band-pass filters, it is possible to compute the time delays of the frequency components of the reflected signal from the plasma. The electron density profile is reconstructed by substituting the time delays into the Abel integral equation. As a result of simulation, the reconstructed electron density profile agrees well with the assumed profile.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• 제12권2호
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• pp.119-131
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• 2008

The paper considers the computation method in the performance evaluation of cellular network in the phase-type distribution assumptions that the channel holding times induced from mobility are modeled by well-fitted distributions to reflect an actual situation. When ww consider a phase-type distribution model instead of exponential distribution, the complexity of the computation increase exponential even though the accuracy is improved. We consider an efficient numerical algorithm to compute the performance evaluations in cellular networks such as a handoff call dropping probability, new call blocking probability, and handoff arrival rate. Numerical experiment shows that numerical analysis results are well approximated to the results of simulation.

• 대한수학회논문집
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• 제28권2호
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• pp.397-406
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• 2013

We present an improved binomial method for pricing European- and American-type Asian options based on the arithmetic average of the prices of the underlying asset. At each node of the tree we propose a simple algorithm to choose the representative averages among all the effective averages. Then the backward valuation process and the interpolation are performed to compute the price of the option. The simulation results for European and American Asian options show that the proposed method gives much more accurate price than other recent lattice methods with less computational effort.

• Wind and Structures
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• 제5권2_3_4호
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• pp.257-266
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• 2002

In the recent years flow around bridges are investigated using computer modeling. Selvam (1998), Selvam and Bosch (1999), Frandsen and McRobie (1999) used finite element procedures. Larsen and Walther (1997) used discrete vorticity procedure. The aeroelastic instability is a major criterion to be checked for long span bridges. If the wind speed experienced by a bridge is greater than the critical wind speed for flutter, then the bridge fails due to aeroelastic instability. Larsen and Walther (1997) computed the critical velocity for flutter using discrete vortex method similar to wind tunnel procedures. In this work, the critical velocity for flutter will be calculated directly (free oscillation procedure) similar to the approaches reported by Selvam et al. (1998). It is expected that the computational time required to compute the critical velocity using this approach may be much shorter than the traditional approach. The computed critical flutter velocity of 69 m/s is in reasonable comparison with wind tunnel measurement. The no flutter and flutter conditions are illustrated using the bridge response in time.

• Earthquakes and Structures
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• 제8권5호
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• pp.1055-1067
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• 2015

A theoretical procedure to estimate spectral displacement of a hysteretic oscillator with bilinear stiffness excited by band-limited excitation is presented. The stochastic method of ground-motion simulation is combined with the random vibration theory to compute linear and nonlinear structural response. The response is obtained by computing the root-mean-square oscillator response using dissipation energy balancing by integrating over all energy levels of system weighting with the stationary probability density of the energy. The results are presented in a convenient form, and the accuracy of the procedure is assessed by comparison with results obtained with the time-domain method using the recorded data. The model shows little or no bias at the structural period of engineering interest.

• Journal of Power Electronics
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• 제14권6호
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• pp.1130-1138
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• 2014

This study analyzes a ladder multilevel converter (double ladder topology) with the use of a new averaging modeling technique. This technique introduces an analytical method to compute for the switching losses and is used to conduct an in-depth analysis of the influence of the switching frequency and parasitic resistance of components on converter efficiency. The obtained results enable the selection of switches and switching frequency to minimize losses. Moreover, simulation results and experimental measurements validate the analytical calculations.

• 한국통신학회논문지
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• 제19권6호
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• pp.1016-1026
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• 1994

본 논문에서 분산 시스템의 각 노드들은 노드들간에 주기적으로 교환되는 시스템 상태 정보를 히스토리에 저장하고, 그 히스토리 정보에 Newton의 후향 보간법의 5차 보간 다항식을 사용하여 다음 주기의 예측 부하 지수(ELI)를 계산한다. 계산되어진 ELI를 동적 부하 균등화 시스템의 로케이션 정책에 이용하였다. 그 결과 ELI 기반 동적 부하 균등화 시스템은 기존의 부하 균등화 알고리즘에 비해 성능이 우수함을 시뮬레이션을 통하여 알 수 있었다.