• Journal of the Korean Statistical Society
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• v.35 no.2
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• pp.115-142
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• 2006

This paper studies the problem of option hedging when the underlying asset price process is a compound Poisson process. By adopting an asymptotic approach to let the security price converge to a continuous process, we find a closed-form hedging strategy that improves the classical Black-Scholes hedging strategy in a quadratic sense. We first show that the scaled Black-scholes hedging error has a limit in law, and that limit is decomposed into a part that can be traded away and a part that is purely unreplicable. The Black-Scholes hedging strategy is then modified by adding the replicable part of its hedging error and by adding the mean-variance hedging strategy to the nonreplicable part. Some results of simulation experiment s are also provided.

• Journal of the Korean Statistical Society
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• v.35 no.1
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• pp.37-47
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• 2006

Recently, as a result of the growing interest in modeling stationary processes with discrete marginal distributions, several models for integer valued time series have been proposed in the literature. One of these models is the integer-valued autoregressive (INAR) models. However, when modeling with integer-valued autoregressive processes, the distributional properties of forecasts have been not yet discovered due to the difficulty in handling the Steutal Van Ham thinning operator 'o' (Steutal and van Ham, 1979). In this study, we derive the mean squared error of h-step-ahead prediction from a Poisson INAR(1) process, reflecting the effect of the variability of parameter estimates in the prediction mean squared error.

• Journal of Mechanical Science and Technology
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• v.16 no.5
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• pp.633-638
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• 2002

An approach to enhance dimensional accuracy of the grinding process has been presented, and grinding of a glass material with a metal-bonded diamond wheel has been studied. In this study, a grinding tool is suspended flexibly and controlled by an electromagnetic actuator. During grinding, profile error of a ground surface is indirectly measured and fed back to a control system. A model of grinding error has been suggested on which the indirect measurement has been based. An optimal PID control is adopted and effectiveness of the in-process feedback control has been verified experimentally.

• Transactions of the Korean Society of Machine Tool Engineers
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• v.10 no.2
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• pp.56-63
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• 2001

The objective of this research is to develop a measurement error compensation method for On-Machine Measurement (OMM) process based on a closed-loop configuration. Geometric errors of vertical machining center are measured using ball-bar system, and probing errors are measured using master ball. The errors are represented using homogeneous trans-formation matrices and the closed-loop configuration method is applied to calculate 3-dimensional errors. To verify the effectiveness of the method proposed in this research, compensated results are compared to the data using CMM process, and the results are analyzed. The results show the proposed method can be applied in OMM process to make the measured data more reliable.

• Journal of Korea Society of Digital Industry and Information Management
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• v.8 no.2
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• pp.1-10
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• 2012

In this study, software products developed in the course of testing, software managers in the process of testing software test and test tools for effective learning effects perspective has been studied using the NHPP software. The finite failure nonhomogeneous Poisson process models presented and the life distribution applied exponential and log shaped type hazard function. Software error detection techniques known in advance, but influencing factors for considering the errors found automatically and learning factors, by prior experience, to find precisely the error factor setting up the testing manager are presented comparing the problem. As a result, the learning factor is greater than autonomous errors-detected factor that is generally efficient model could be confirmed. This paper, a failure data analysis of applying using time between failures and parameter estimation using maximum likelihood estimation method, after the efficiency of the data through trend analysis model selection were efficient using the mean square error and coefficient of determination.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.8 no.3
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• pp.1-6
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• 2009

This paper presents a geometrical error compensation of tool alignment for sharp edge bite on B axis controlled machine. In precision micro patterning, bite alignment is crucial parameter for machined surface. To decrease bite alignment error, plus tilted bite from B axis center is touched to reference work piece(pin gauge) and checked the deviation from original position. Same process is repeated for maximum touch deviation value. From this touched position value, wheel alignment error in X axis and Z axis can be calculated on B axis center. Experimental results show that this compensation method is efficient to correct sharp edge bite alignment.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.21 no.7
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• pp.34-42
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• 2022

Minimizing the backlash of gears and reducers is important for their proper and precise functioning. In this study, an automatic backlash measuring system was developed for the mass production and quality control of a military-grade reducer. The developed automatic backlash measurement system eliminates human error during the backlash measurement process. It also reduces the manufacturing time and digitizes the backlash number. The system was tested for an aircraft machine gun control reducer that required low-torque and high-precision conditions. The test results show that the torque range was 0.820-4.788 Nm. The maximum torque error is less than 0.231 N·m at 2.943 N·m, and 1.2 arcmin of the maximum backlash error with ± 0.3 arcmin of repeatability. The developed system satisfies all required conditions: torque of 1-3 Nm, torque accuracy within ± 0.5 N·m, and backlash accuracy of ± 3 arcmin.

• Transactions of Materials Processing
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• v.32 no.6
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• pp.376-383
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• 2023

The torsion bar, which is a steering torque sensor, is mounted between the steering pinion and the input shaft in the IPA(input pinion assembly). Accurate torque measurement is important to improve the sense of operation, and the straightness of the torsion bar can affect torque measurement. In this study, the amount of bending was measured and the exact shape was analyzed regarding the bending phenomenon in the press-fitting process for torsion bars. The effect of alignment error was analyzed through finite element forming analysis. Process data analysis was conducted for the double-end press fit model. If there is an alignment error of about 10% of the serration tooth height, the indentation load is reduced by about 10%. If there is an alignment error, the torsion bar is rotated.

• Journal of the Ergonomics Society of Korea
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• v.30 no.1
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• pp.99-108
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• 2011

Almost all companies have paid much attention to the safety management ranging from maintenance to operation even at the stage of designing in order to prevent accidents, but fatal accidents continue to increase throughout the world. In particular, it is essential to systematically prevent such fatal accidents as fire, explosion or leakage of toxic gas at factories in order to not only protect the workers and neighbors but also prevent economic losses and environmental pollution. Though it is well known that accident probability is very low in NPP(Nuclear Power Plants), the reason why many researches are still being performed about the accidents is the results may be so severe. HRA is the main process to make preparation for possibility of human error in designing of the NPP. But those techniques have some problems and limitation as follows; the evaluation sensitivity of those techniques are out of date. And the evaluation of human error is not coupled with the design process. Additionally, the scope of the human error which has to be included in reliability assessment should be expanded. This work focuses on the coincidence of human error and mechanical failure for some important performance shaping factors to propose a method for improving safety effectively of the process industries. In order to apply in these purposes into the thesis, I found 63 critical Performance Shaping Factors of the eight dimensions throughout studies that I executed earlier. In this study, various analysis of opinion of specialists(Personal Factors, Training, Knowledge or Experience, Procedures and Documentation, Information, Communications, HMI, Workplace Design, Quality of Environment, Team Factors) and the guideline for construction of PSF were accomplished. The selected method was AHP which simplifies objective conclusions by maintaining consistency. This research focused on the implementation process of PSF to evaluate the process of PSF at each phase. As a result, we propose an evaluation model of PSF as a tool to find critical problem at each phase and improve on how to resolve the problems found at each phase. This evaluation model makes it possible to extraction of PSF succesfully by presenting the basis of assessment which will be used by enterprises to minimize the trial and error of construction process of PSF.

• 제어로봇시스템학회:학술대회논문집
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• 2004.08a
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• pp.1666-1668
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• 2004

By wireless transmission data, there is high possibility to get distortion and lose by noise and barrier on wireless. If the data check damaged and lost at receiver, can't make it clear and can't judge whether this data is right or not. Therefore, by wireless transmission data need the data error check algorithm in order to decrease the data's distortion and lose and to monitoring the transmission data as real time. This study consists of RF station for wireless transmission, Water Level Meter station for water level measurement and Error check algorithm for error check of transmission data. This study is also that investigation and search for error check algorithm in order to wireless digital data transmission in condition of the least data's damage and lose. Designed transmitter and receiver with one - chip micro process to protect to swell the volume of circuit. Had designed RF transmitter - receiver station simply by means of ATMEL one - chip micro process in the systems. Used 10mW of the best RF power and 448MHz-449MHz on frequency band which can get permission to use by Frequency Law made by Korean government