• Title/Summary/Keyword: cumulative effect

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Evaluation of Dowel Bearing Strength of Structural Composite Lumber(SCL) on the Effect of Moisture Content

  • Oh, Sei Chang
    • Journal of the Korean Wood Science and Technology
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    • v.31 no.3
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    • pp.61-69
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    • 2003
  • This study investigated the effect of moisture content and loading direction on dowel bearing strength of two types of SCL. Dowel bearing tests of LVL and PSL were conducted with two different MC level, 7.5% and 19%, and two different oriention, L-direction(loading parallel to grain) and X-direction(loading perpendicular to grain). Most of specimens showed typical load-deformation curves and intersected 5% offset line. Failure modes were classified into two categories; spliting(for L-direction specimens) and peeling(for X-direction specimens). Dowel bearing strength generally decreased with increasing MC. The decreasing rate was more significant in X-directon. ESG also decreased with increasing MC, and the ratio of ESG of 7.5% versus 19% was about 1.47. Dowel bearing strength of LVL and PSL in L-direction was higher than that of X-direction. This results indicated that MC and loading orientation had a significant effect on dowel bearing strength of SCL. The average dowel bearing strength of LVL were higher than that of PSL in each loading direction. Two types of probability distribution model were chosen to quantify strength distribution, normal and 2-parameter weibull distribution. The two models showed good agreement with the data, especially in lower tail of the cumulative distribution. Normal and 2-parameter weibull distribution seemed to proper model of the dowel bearing strength for each MC levels.

Effect of Earnings Management and Stock Options on the Disclosure Effect of Share Repurchases (이익조정과 스톡옵션이 자사주 매입 공시효과에 미치는 영향)

  • Kim, Kyung-Soon;Kim, Yu-jin;Kim, Hong-Ryeol
    • Asia-Pacific Journal of Business
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    • v.12 no.3
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    • pp.343-359
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    • 2021
  • Purpose - The purpose of this paper is to investigate the relationship between earnings management and the disclosure effect of share repurchase. In addition, we analyze whether the relationship between earnings management and share repurchase is affected by executive stock options. Design/methodology/approach - We calculate the discretionary accrual amount for the year immediately preceding the share repurchase and the cumulative excess return around the announcement of the share repurchase, and examine the relationship between the two by regression analysis. Findings - We confirmed a negative relationship between discretionary accrual in the year immediately preceding the share repurchase and the market response to the share repurchase disclosure. In particular, it was found that the negative relationship between discretionary accrual and stock price return on share repurchase announcement was found to decrease in companies to which executive stock options were granted. Research implications or Originality - When uncertainties exist in the motives for share repurchase, we find that earnings management and executive stock options can be useful tools for reducing the adverse selection risk inherent in share repurchase announcements.

Effects of Substrate to Inoculum Ratio on the Biochemical Methane Potential of Piggery Slaughterhouse Wastes

  • Yoon, Young-Man;Kim, Seung-Hwan;Shin, Kook-Sik;Kim, Chang-Hyun
    • Asian-Australasian Journal of Animal Sciences
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    • v.27 no.4
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    • pp.600-607
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    • 2014
  • The aim of this study was to assess the effect of substrate to inoculum ratio (S/I ratio) on the biochemical methane potential (BMP) and anaerobic biodegradability ($D_{deg}$) of different piggery slaughterhouse wastes, such as piggery blood, intestine residue, and digestive tract content. These wastes were sampled from a piggery slaughterhouse located in Kimje, South Korea. Cumulative methane production curves for the wastes were obtained from the anaerobic batch fermentation having different S/I ratios of 0.1, 0.5, 1.0, and 1.5. BMP and anaerobic biodegradabilities ($D_{deg}$) of the wastes were calculated from cumulative methane production data for the tested conditions. At the lowest S/I ration of 0.1, BMPs of piggery blood, intestine residue, and digestive tract content were determined to be 0.799, 0.848, and $1.076Nm^3kg^{-1}-VS_{added}$, respectively, which were above the theoretical methane potentials of 0.539, 0.644, and $0.517Nm^3kg^{-1}-VS_{added}$ for blood, intestine residue, and digestive tract content, respectively. However, BMPs obtained from the higher S/I ratios of 0.5, 1.0, and 1.5 were within the theoretical range for all three types of waste and were not significantly different for the different S/I ratios tested. Anaerobic biodegradabilities calculated from BMP data showed a similar tendency. These results imply that, for BMP assay in an anaerobic reactor, the S/I ratio of anaerobic reactor should be above 0.1 and the inoculum should be sufficiently stabilized to avoid further degradation during the assay.

Genetic and Environmental Trends for Milk Production Traits in Sheep Estimated with Test-day Model

  • Oravcova, Marta;Pesovicva, Dana
    • Asian-Australasian Journal of Animal Sciences
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    • v.21 no.8
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    • pp.1088-1096
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    • 2008
  • Data from milk performance testing were used to analyze genetic and environmental trends for purebred Tsigai, Improved Valachian and Lacaune sheep. 103,715 (Tsigai), 212,962 (Improved Valachian) and 2,196 (Lacaune) test-day records gathered by the State Breeding Institute of the Slovak Republic entered the analyses. The respective pedigree data comprised 23,724 (Tsigai), 51,401 (Improved Valachian) and 438 (Lacaune) records. The multiple-trait, mixed model methodology was used to predict the breeding values for daily milk yield, fat and protein content and to estimate the fixed and remaining random effects assumed to affect the above mentioned traits, separately for each breed. The breeding values for daily milk yield were adjusted for 150-day standardized lactation length by multiplying with the constant 150, as the breeding goal of the selection scheme in Slovakian sheep is to increase 150-day milk production and constant heritability throughout the whole lactation is assumed. The genetic trends were expressed as changes in averages of breeding values across birth years of animals. For Tsigai and Lacaune breeds, cumulative genetic changes over the analyzed period were 3.8 and 5.1 kg for 150-day milk, 0 and -0.16% for fat content and 0 and -0.12% for protein content. For Improved Valachian breed, either a low (1.6 kg for 150-day milk yield) or zero (fat and protein content) cumulative genetic change was found. The environmental trends were calculated as averages of solutions for flock-test day effect across years and months in which measurements were taken. A distinctive cyclical pattern which reflected short-time variation in milk production traits was found. Possible explanations for this phenomenon are given and discussed.

Stock investment with a redistribution model of the history-dependent Parrondo game (과거의존 파론도 게임의 재분배 모형을 이용한 주식 투자)

  • Jin, Geonjoo;Lee, Jiyeon
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.4
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    • pp.781-790
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    • 2015
  • The Parrondo paradox is the counter-intuitive phenomenon: when we combine two losing games we can win the game or when we combine two winning games we can lose the game. In this paper, we assume that an investor adopts the rule of the history-dependent Parrondo game for investment in the stock market. Using the KRX (Korea Exchange) data from 2012 to 2014, we found the Parrondo paradox in the stock trading: the redistribution of profits among accounts can turn the decrease of the expected cumulative profit into the increase of the expected cumulative profit. We also found that the opposite case, namely the reverse Parrondo effect, can happen in the stock trading.

Characterization of the Repetitive Sequences Present in the ORF25 Genomic Region of Megalocytiviruses from Ornamental Fishes (관상어로부터 분리한 Megalocytiviruses에서 나타나는 ORF25 유전자 부위의 반복서열 특성 분석)

  • Jin, Ji-Woong;Nam, Jeong-Hee;Kim, Kwang-Il;Hong, Su-Hee;Byon, Ju-Young;Jeong, Hyun-Do
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.44 no.4
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    • pp.352-358
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    • 2011
  • The presence of ISKNV-like viruses in various freshwater ornamental fish species imported from Asia was confirmed by polymerase chain reaction(PCR) amplification of the ATPase(adenosine triphosphatase) gene. Interestingly, molecular analyses of the Open Reading Frame 25(ORF25) region of these isolates based on the ISKNV(Infectious spleen and kidney necrosis virus) genome revealed the presence of various repetitive sequences. ORF25 repeat sequence length had no effect on cumulative mortality of rock bream Oplegnathus fasciatus challenged with tissue homogenates of infected pearl gourami, Trichogaster leeri; silver gourami, Trichogaster microlepis; blue gourami, or Trichogaster trichopterus. All isolates induce cumulative mortalities after 12 days of infection, confirming that ORF25 polymorphism did not affect the pathogenicity of ornamental fish megalocytiviruses that cross infect rock bream, a seawater fish. Also, no statistically significant differences in spleen index or viral copy number in infected tissues was detected between isolates with varying ORF25 repeat sequence lengths. However, further studies are necessary to fully characterize the functional characteristics of these polymorphisms in megalocytivirus disease in ornamental fishes.

Comparative Study of Postoperative Pain in Lower and Upper Abdominal Surgery Using Patient-Controlled Analgesia (통증 자가 조절법을 이용한 상복부와 하복부 수술 후 통증의 비교)

  • Ko, Seong-Hoon;Kim, Dong-Chan;Lee, Jun-Rye;Han, Young-Jin;Choe, Huhn
    • The Korean Journal of Pain
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    • v.13 no.2
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    • pp.208-212
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    • 2000
  • Background: We studied 250 patients who received intravenous patient-controlled analgesia (PCA) after lower and upper abdominal surgery to evaluate pain relief, analgesic consumption, patient's mood and side effects. Methods: We made total 60 ml of analgesic mixture with morphine 60 mg, ketorolac 180 mg, droperidol 5 mg and normal saline. Loading and bolus dose and lockout interval were 0.05 ml/kg, 1.0 ml and 7 min, respectively. The duration of operation and the length of skin incision were recorded. Visual analog scale (VAS) pain and mood scores, cumulative analgesic consumption, and incidence of side effect were evaluated. Results: In the upper abdominal surgery group (Group 2), the duration of operation and length of skin incision were longer than Group 1. The average postoperative pain scores at 6, 24, and 48 hours in lower (Group 1) vs upper (Group 2) abdominal surgery were $4.3{\pm}2.1$ vs $4.7{\pm}2.4$, $3.3{\pm}1.9$ vs $4.3{\pm}2.8$, and $2.4{\pm}2.7$ vs $3.2{\pm}2.1$, respectively. There were no significant differences in the cumulative analgesic consumption and number of analgesic demands and at 6, 24, 48 hours after the operation between two groups. Group 2 patients required significantly longer pain control using PCA as compared to Group 1 patients. There were no significant differences in the incidence of side effects between the two groups. Conclusions: There was little difference in postoperative pain after lower and upper abdominal surgery.

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Effect of Preoperative Analgesia with Epidural Morphine in Upper Abdominal Surgery (상복부 수술 환자에서 경막외 Morphine의 술전 투여와 술중 투여시 진통 효과 비교)

  • Kim, Yun-Hee;Yoo, Rae-Ho;Ko, Seong-Hoon;Han, Young-Jin;Choe, Huhn
    • The Korean Journal of Pain
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    • v.11 no.1
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    • pp.41-46
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    • 1998
  • Background: Preoperative analgesia may prevent nociceptive inputs generated during surgery from sensitizing central neurons and therefore may preempt postoperative pain. Although preemptive analgesia has shown to decrease postinjury pain in animals, studies in human are not consistent. We studied whether epidural morphine injection before surgical incision could affect postoperative pain and analgesic demands, compared with injection after removal of specimen. Methods: Forty patients scheduled for radical subtotal gastrectomy were randomly assigned to one of two groups for prospective study in a double-blind manner. Group 1 received an epidural injection of 3 mg of morphine in 8 ml of 0.9% saline before surgical incision, and Group 2 after removal of specimen. Postoperative pain relief was provided with I.V. patient controlled analgesia (PCA) system. Numerical rating scales for pain and mood, Prince Henry Hospital scores for pain, cumulative PCA analgesic consumptions, and incidence of side effects were assessed at 2, 6, 12, 24, 48 hours after operation. Results: Cumulative PCA analgesic consumption in group 1 was significantly less than in group 2 at 2, 6 hours after surgery. Pain scores and the incidence of side effects were similar in both groups. Conclusions: Preoperative analgesia with epidural morphine showed little difference in patient controlled analgesic consumption after upper abdominal surgery compaired to intraoperative morphine.

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Contribution of Urine and Dung Patches from Grazing Sheep to Methane and Carbon Dioxide Fluxes in an Inner Mongolian Desert Grassland

  • Jiang, Yuanyuan;Tang, Shiming;Wang, Chengjie;Zhou, Pei;Tenuta, Mario;Han, Guodong;Huang, Ding
    • Asian-Australasian Journal of Animal Sciences
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    • v.25 no.2
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    • pp.207-212
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    • 2012
  • The effects of sheep urine and dung patches on methane ($CH_4$) and carbon dioxide ($CO_2$) fluxes were investigated during the summer-autumn in 2010, to evaluate their contribution to climate change in a desert grassland in Inner Mongolia, China. Results indicate that the cumulative $CH_4$ emissions for dung patches, urine patches and control plots were -0.076, -0.084, and -0.114 g/$m^2$ and these were net $CH_4$ sinks during the measured period. The level of $CH_4$ intake from urine and dung plots decreased 25.7%, and 33.3%, respectively, compared with a control plot. $CO_2$ fluxes differed (p<0.01) in urine plots, with an average of 569.20 mg/$m^2$/h compared with control plots (357.62 mg/$m^2$/h) across all sampling days. Dung patches have cumulative $CO_2$ emissions that were 15.9% higher compared with the control during the 55-d period. Overall, sheep excrement weakened $CH_4$ intake and increased $CO_2$ emissions.

Simultaneous Comparison of Efficacy and Adverse Events of Interventions for Patients with Esophageal Cancer: Protocol for a Systematic Review and Bayesian Network Meta-analysis

  • Doosti-Irani, Amin;Mansournia, Mohammad Ali;Rahimi-Foroushani, Abbas;Cheraghi, Zahra;Holakouie-Naieni, Kourosh
    • Asian Pacific Journal of Cancer Prevention
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    • v.17 no.2
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    • pp.867-872
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    • 2016
  • Background: Esophageal cancer is one of the most serious malignancies. Due to the aggressive nature of this cancer, the prognosis is poor. A network meta-analysis with simultaneous comparison of multiple treatments can help determine better treatment options that have higher effects on overall survival of patients with lower adverse events. The aim of this review is to simultaneously compare efficacy and adverse events of treatment interventions for esophageal cancer. Materials and Methods: In this review, only randomized control trials (RCT) will be considered for network meta-analysis. All international electronic databases including Medline, Web of Sciences, Scopus, Cochran's library, EMBASE and Cancerlit will be searched to find randomized control trials which compared two or more treatment interventions for esophageal cancer. A network plot will be drawn for visual representation of all available treatment interventions. Bayesian approach will be used to combine the direct and indirect evidence. Treatment effects (e.g. hazard ratio for time to event outcomes, risk ratio for binary outcomes, and rate ratio for count outcomes with 95% credible interval) will be reported. Moreover, cumulative probability of the treatment ranks will be reported using the surface under the cumulative ranking (SUCRA) graphs. Consistency assumption will be assessed by the loop-specific and design-by-treatment interaction approaches. Conclusions: The results of this study may be helpful for the patients, clinicians and health policy makers in selecting treatments that have the best effect on survival and lowest adverse events.