• Title/Summary/Keyword: economic cycle

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Revised Geology of the Deokjeok and Soya Islands in the Central-western Korean Peninsula

  • Park, Jeong-Yeong;Park, Seung-Ik
    • Economic and Environmental Geology
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    • v.53 no.5
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    • pp.631-643
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    • 2020
  • The central-western Korean Peninsula contains records of an Early Mesozoic collisional event related to the final amalgamation of the East Asian continent. Here, we present a renewed geologic map of the Deokjeok and Soya islands in the central-western Korean Peninsula and its explanatory note. Our geologic map was based on a detailed investigation of the northeastern area of both islands, which is characterized by a complex fault and shear zone system that accommodated the crustal deformation related to the Mesozoic post-collisional orogenic collapse and the subsequent structural inversion. We suggest future directions of study aiming at addressing issues regarding the deformational responses of crust to the Mesozoic tectonic transition and orogenic cycles.

The Changes of Housing Characteristics and The Degree of Attainment of Housing Norms among Residents in Apartment (아파트 거주 가구의 주거특성 변화 및 주거규범달성 정도)

  • 강노선
    • Journal of Families and Better Life
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    • v.11 no.1
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    • pp.35-45
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    • 1993
  • The purpose of this study is to investigate the changes of housing characteristics and the degree of attainment of housing norms. The major findings are as follows: 1) There are significant differences in changes of housing characteristics. A size of house and the number of room have been improved according to hosing experience and housing expects. Type of tenure has been improved according to housing experience and housing expects. Type of tenure has been improved gradually according to moving. The family with higher socio-economic status prefers apartments. Although about a half of household hopes to live in a high-rising apartments. more than 40 persentage of the household still hopes to live in single detached houses. As a result apartment are though not to satisfy their housing well-being 2) As socio-economic status is higher and family life cycle is longer the degree of their attainment of housing norms appear higher. The household attaining higher housing norms has the higher housing satisfaction but needs to move is lower The family attains housing norms as the following orders: type of tenure\longrightarrowtype of house\longrightarrowthe nmber of rooms\longrightarrowa size of house.

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Reliability-based Approach to Optimal Economic Estimation of Concrete Cover Thickness under Carbonation Environment

  • Do, Jeong-Yun;Kim, Doo-Kie;Song, Hun;Jo, Young-Kug
    • International Journal of Concrete Structures and Materials
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    • v.3 no.2
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    • pp.103-110
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    • 2009
  • Concrete carbonation is a cause of problems in concrete structures, so it needs to be estimated. And concrete cover is designed to protect structures from this damaging. Usually the cover thickness is considered based on the limit states design codes in which the important target is the reliability safety index. However, it is not clear that whether the safety index determined is optimal or not with respect to the cost. The codes are mainly proceeded quantitatively (i.e. making a safe structure) while the economic aspects are only considered qualitatively. So the reliability-based design considering life cycle cost (LCC) is called for, and here the focus is on the advanced analysis solution to optimize the reliability safety regarding LCC.

Management of Combined Cycle Plant in Real-Time Economic Dispatch (실시간 경제급전 프로그램에서 복합화력 처리 방안)

  • Lee, Sang-Ho;Lee, Jeong-Ho;Oh, Tae-Kyoo;Kim, Ki-Woon;Lee, Jin-Soo;Seo, Eun-Seong
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.40-41
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    • 2008
  • 본 논문에서는 한국형 통합 에너지관리시스템(K-EMS)용 발전계획 응용프로그램 중에서 경제급전(Economic Dispatch) 프로그램 개발의 상세 내용을 소개한다. 특히 복합화력에서 가스터빈(GT)과 스팀 터빈(ST)의 현재출력을 고려하여 등가복합화력기로 변환하여 경제배분에 포함시키는 방안 및 데이터 이상 또는 데이터 미비 처리 방안 등을 소개한다.

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Economic Analysis on the Built-in Guide Rail Type Building Facade Cleaning Robot (건축물 외벽용 가이드레일 청소 로봇의 경제성 분석)

  • Kim, Kyoon-Tai;Han, Jae-Goo;Kim, Chang-Han
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.157-159
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    • 2012
  • In recent years, the number of high-rise buildings has been on the rise. As buildings have become larger in scale, significantly different issues related to their construction and maintenance have emerged. In addition, the automation and mechanization of the cleaning work for the curtain wall, one of the most frequently-performed tasks in building maintenance, is required as a fundamental measure. For this reason, a guide-rail type cleaning robot system is emerging as one of the measures in response to external factors, including gust. The major objective of this study is to propose an economic feasibility forecasting model and to apply the a building facade cleaning robot which is now under development.

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A dynamic Bayesian approach for probability of default and stress test

  • Kim, Taeyoung;Park, Yousung
    • Communications for Statistical Applications and Methods
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    • v.27 no.5
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    • pp.579-588
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    • 2020
  • Obligor defaults are cross-sectionally correlated as obligors share common economic conditions; in addition obligors are longitudinally correlated so that an economic shock like the IMF crisis in 1998 lasts for a period of time. A longitudinal correlation should be used to construct statistical scenarios of stress test with which we replace a type of artificial scenario that the banks have used. We propose a Bayesian model to accommodate such correlation structures. Using 402 obligors to a domestic bank in Korea, our model with a dynamic correlation is compared to a Bayesian model with a stationary longitudinal correlation and the classical logistic regression model. Our model generates statistical financial statement under a stress situation on individual obligor basis so that the genearted financial statement produces a similar distribution of credit grades to when the IMF crisis occurred and complies with Basel IV (Basel Committee on Banking Supervision, 2017) requirement that the credit grades under a stress situation are not sensitive to the business cycle.

P wave Velocity Variation of the Pochon Granite due to the Cyclic Loadings (압축피로에 의한 포천화강암의 P파속도 변화 특성)

  • Kim, Yeong Hwa;Jang, Bo-An;Kim, Jae Dong;Rhee, Chan Goo;Moon, Byeung Kwan
    • Economic and Environmental Geology
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    • v.30 no.3
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    • pp.231-240
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    • 1997
  • The behavior of rocks and microcrack development due to fatigue stresses are investigated using cyclic loading tests and ultrasonic velocity measurements. Twenty six medium-grained granite samples from the Pochon area are selected for measurements. Ultrasonic velocities are measured for samples before fatigue test to characterize the pre-existing microcracks. Then, thirteen different cycles of loadings with 70% and 80% dynamic strength are applied to the samples. The ultrasonic velocities are measured again to compare velocities after applications of fatigue stress with those before applications of fatigue stress. The results show that most microcracks are developed along the direction parallel to the axis of loading and that the amount of microcracks increases, as loading levels and numbers of cycle increase.

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A Study on the Economic Analysis of Cooling-Heating System Using Ground Source Heat in a public library (공공도서관에 지열시스템 적용시 경제성에 관한 연구)

  • Choi, Chang-Ho
    • Journal of the Korean Solar Energy Society
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    • v.32 no.1
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    • pp.56-66
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    • 2012
  • This study evaluated the economic benefits by comparing Cooling-Heating System with the existing system in the public library. The building's annual energy consumption was measured by adding the figures of the absorber chillers, the air conditioners and heaters in the building. The total amount of annual energy consumption was 143.51RT in air-conditioning and 83.66RT in heating. So, We made the capacity of geothermal heat pumps three 50RTs in order to check up this system. In order to estimate each construction and equipment cost and to evaluate economical efficiency, LCC(Life Cycle Cost) method was used and the service life of the building was sixty years. The result of analysis was that the geothermal cooling-heating system was more efficient than the existing system in public library.

Planning Demand- and Legislation-Driven Remanufacturing for a Product Family: A Model for Maximizing Economic and Environmental Potential

  • Kwak, Minjung
    • Industrial Engineering and Management Systems
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    • v.14 no.2
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    • pp.159-174
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    • 2015
  • Remanufacturing used, end-of-life products is a complex problem involving multiple types of products that may share common parts. Recovery targets assigned by market demand and environmental legislation add more difficulty to the problem. Manufacturers now need to achieve specified take-back and recovery rates while fulfilling demands for remanufactured products. To assists in the demand- and legislation-driven remanufacturing of a family of products (i.e., multiple products that share common parts), this paper introduces a bi-objective mixed integer linear programming (MILP) model for optimizing remanufacturing. The model identifies optimal remanufacturing plans for a product family, whereby, the remanufacturer can achieve demand and recovery targets more profitably and in an environmentally-friendly manner. The model can also be used to quantify and justify the economic and environmental benefits of a product family from a remanufacturing perspective. A case study is presented for remanufacturing an alternatorfamily of products.

Introduction of Chain-Weighted Method and GDP Fluctuations

  • Lee, In Gyu;Park, Chun Il
    • The Korean Journal of Applied Statistics
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    • v.25 no.6
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    • pp.877-887
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    • 2012
  • The Bank of Korea changed its method of GDP estimation from a fixed-weighted to a chain-weighted measure in 2009. The fixed-weighted method had had problems such as substitution bias and the rewriting of economic history. As a result of the change, annual growth rates calculated using the chain-weighted method from 1970 through 2008 turned out to be 0.8%p higher on average than the existing rates. The quarterly average chain-weighted growth rates were 0.19%p higher than the fixed-weighted ones, but they changed in the same directions. In this paper we analyze whether the differences in rates between the two calculation methods would bring about a difference in the cyclical characteristics of GDP. We conclude that although there were differences in growth rates after introduction of the chain-weighted method, there was no difference in the cyclical fluctuation.