• Title/Summary/Keyword: failure zone

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A Study on the Sustainability of New SMEs through the Analysis of Altman Z-Score: Focusing on New and Renewable Energy Industry in Korea (알트만 Z-스코어를 이용한 신생 중소기업의 지속가능성 분석: 신재생에너지산업을 중심으로)

  • Oh, Nak-Kyo;Yoon, Sung-Soo;Park, Won-Koo
    • Journal of Technology Innovation
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    • v.22 no.2
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    • pp.185-220
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    • 2014
  • The purpose of this study is to get a whole picture of financial conditions of the new and renewable energy sector which have been growing rapidly and predict bankruptcy risk quantitatively. There have been many researches on the methodologies for company failure prediction, such as financial ratios as predictors of failure, analysis of corporate governance, risk factors and survival analysis, and others. The research method for this study is Altman Z-score which has been widely used in the world. Data Set was composed of 121 companies with financial statements from KIS-Value. Covering period for the analysis of the data set is from the year 2006 to 2011. As a result of this study, we found that 38 percent of the data set belongs to "Distress" Zone (on alert) while 38% (on watch), summed into 76%, whose level could be interpreted to doubt about the sustainability. The average of the SMEs in wind energy sector was worse than that of SMEs in solar energy sector. And the average of the SMEs in the "Distress" Zone (on alert) was worse than that of the companies of large group in the "Distress" Zone (on alert). In conclusion, Altman Z-score was well proved to be effective for New & Renewable Energy Industry in Korea as a result of this study. The importance of this study lies on the result to demonstrate empirically that the majority of solar and wind enterprises are facing the risk of bankruptcy. And it is also meaningful to have studied the relationship between SMEs and large companies in addition to advancing research on new start-up companies.

A Study on Stability Evaluation of the Nail-Anchor Mixed Support System

  • Kim, Hong-Taek;Cho, Yong-Kwon;Yoo, Han-Kyu
    • Journal of the Korean Geotechnical Society
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    • v.15 no.3
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    • pp.41-70
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    • 1999
  • The benefits of utilizing internal reinforced members, such as soil nails and ground anchors, in maintaining stable excavations and slopes have been known among geotechnical engineers to be very effective. Occasionally, however, both soil nails and ground anchors are simultaneously used in one excavation site. In the present study, a method of limit equilibrium stability analysis of the excavation zone reinforced with the vertically or horizontally mixed nail-anchor system is proposed to evaluate the global safety factor with respect to a sliding failure. The postulated failure wedges are determined based on the results of the $FLAC^{2D}\; 및\; FLAC^{3D}$ program analyses. This study also deals with a determination of the required thickness of the shotcrete facing. An excessive facing thickness may be required due to both the stress concentration and the relative displacement at the interface zone between the soil nailing system and the ground anchor system. A simple finite element method of analysis is presented to estimate the corresponding relative displacement at the interface zone between two different support systems. As an efficient resolution to reduce the facing thickness, the modified bearing plate system is also proposed. Finally with various analysis related to the effects of design parameters, the predicted displacements are compared with the results of the $FLAC^{2D}$ program analyses.

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Two Dimensional Size Effect on the Compressive Strength of T300/924C Carbon/Epoxy Composite Plates Considering Influence of an Anti-buckling Device (T300/924C 탄소섬유/에폭시 복합재 적층판의 이차원 압축 강도의 크기효과 및 좌굴방지장치의 영향)

  • ;;;C. Soutis
    • Proceedings of the Korean Society For Composite Materials Conference
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    • 2002.10a
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    • pp.88-91
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    • 2002
  • The two dimensional size effect of specimen gauge section (length x width) was investigated on the compressive behavior of a T300/924 [45/-45/0/90]3s, carbon fiber-epoxy laminate. A modified ICSTM compression test fixture was used together with an anti-buckling device to test 3mm thick specimens with a 30$\times$30, 50$\times$50, 70$\times$70, and 90mm$\times$90mm gauge length by width section. In all cases failure was sudden and occurred mainly within the gauge length. Post failure examination suggests that $0^{\circ}$ fiber microbuckling is the critical damage mechanism that causes final failure. This is the matrix dominated failure mode and its triggering depends very much on initial fiber waviness. It is suggested that manufacturing process and quality may play a significant role in determining the compressive strength. When the anti-buckling device was used on specimens, it was showed that the compressive strength with the device was slightly greater than that without the device due to surface friction between the specimen and the device by pretoque in bolts of the device. In the analysis result on influence of the anti-buckling device using the finite element method, it was found that the compressive strength with the anti-buckling device by loaded bolts was about 7% higher than actual compressive strength. Additionally, compressive tests on specimen with an open hole were performed. The local stress concentration arising from the hole dominates the strength of the laminate rather than the stresses in the bulk of the material. It is observed that the remote failure stress decreases with increasing hole size and specimen width but is generally well above the value one might predict from the elastic stress concentration factor. This suggests that the material is not ideally brittle and some stress relief occurs around the hole. X-ray radiography reveals that damage in the form of fiber microbuckling and delamination initiates at the edge of the hole at approximately 80% of the failure load and extends stably under increasing load before becoming unstable at a critical length of 2-3mm (depends on specimen geometry). This damage growth and failure are analysed by a linear cohesive zone model. Using the independently measured laminate parameters of unnotched compressive strength and in-plane fracture toughness the model predicts successfully the notched strength as a function of hole size and width.

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Prediction of Brittle Failure within Mesozoic Granite of the Daejeon Region (대전지역 중생대 화강암 암반 내 취성파괴 예측연구)

  • Jang, Hyun-Sic;Choe, Mi-Mi;Bae, Dae-Seok;Kim, Geon-Young;Jang, Bo-An
    • The Journal of Engineering Geology
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    • v.25 no.3
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    • pp.357-368
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    • 2015
  • Brittle failure of Mesozoic granite in the Daejeon region is predicted using empirical analysis and numerical modeling techniques. The input parameters selected for these techniques were based on the results of laboratory tests, including damage-controlled tests. Rock masses that were considered to be strong during laboratory testing were assigned to "group A" and those considered to be extremely strong were assigned to "group B". The properties of each group were then used in the analyses. In-situ stress measurements, or the ratio of horizontal to vertical stress (k), were also necessary for the analyses, but no such measurements have been made in the study area. Therefore, k values of 1, 2, and 3 were assumed. In the case of k=1, empirical analysis and numerical modeling show no indication of brittle failure from the surface to1000 m depth. When k=2, brittle failure of the rock mass occurs at depths below 800 m. For k=3, brittle failure occurs at depths below 600 m. Although both the Cohesion Weakening Friction Strengthening (CWFS) and Mohr-Coulomb models were used to predict brittle failure, only the CWFS model performed well in simulating the range and depth of the brittle failure zone.

Study on Energy Efficient Mobility-MAC Protocol for Underwater Networks (수중통신망에서 노드 이동성을 고려한 에너지 효율적인 매체접속제어 프로토콜 연구)

  • Son, Woong;Jang, Youn-Seon
    • Journal of the Institute of Electronics and Information Engineers
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    • v.54 no.4
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    • pp.3-9
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    • 2017
  • Due to difficulties of continuous electric power provision to underwater communication nodes, the efficient power usage is highly required in underwater network protocol. In this paper, we studied the energy efficient MAC(Medium Access Control) protocol for underwater network supporting mobile nodes such as UUV(Unmanned Underwater Vehicle) and AUV(Autonomous Underwater Vehicle). The mobile nodes could waste the electric power in vain when the receiver moves out of the radio propagation coverage during the data exchange and thus the transmitted data fails in reaching the receiver. Expecially, such a failure is much more obvious in underwater acoustic channels since the propagation delay is about $10^5$ times slower than in terrestrial radio channels. This proposed mobility-MAC controls the data dropping stochastically in the Dropping Zone by considering the receiver's location and moving velocity. In conclusion, this selective dropping method not only improves latency and throughput by reducing invalid droppings but also boosts power efficiency by valid droppings.

The Triple Entrapment Syndrome of the 5th Lumbar Spinal Nerve

  • Jang, Jee-Soo;Lee, Sang-Ho
    • Journal of Korean Neurosurgical Society
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    • v.37 no.4
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    • pp.258-262
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    • 2005
  • Objective: The 5th lumbar spinal nerve can be entrapped in the intraspinal zone, foraminal zone, and the extraforaminal zone simultaneously. The failure to recognize that the nerve root can be compressed in such manners may be the reason of a number of failures of surgical decompression. Here we describe a microsurgical method for the decompression of the triple entrapment of the L5 spinal nerve in 21 patients. Methods: Clinical manifestations and surgical results of twenty-one patients treated surgically under the diagnosis of the triple entrapment of the L5 spinal nerve were reviewed retrospectively. All patients were treated by the posterior midline approach for the intraspinal entrapment and by the paraspinal approach for the foraminal and the extraforaminal entrapment. Results: Pain relief was obtained in all patients immediately after surgery. The mean follow-up period after the surgery was 13 months, ranged from 6 to 24 months. The mean Numeric Rating Scale (pain score) improved from 8.9 before the surgery to 1.4 (P<0.0001). The mean ODI scores improved from 76.2 before the surgery to 13.1 (P<0.0001). Nineteen patients were satisfied with their result at the last follow-up examination. Neither complications related to the surgery, nor the spinal instability was detected. Conclusion: The triple entrapment of the 5th lumbar spinal nerve is an important pathologic entity to identify for the treatment of L5 radiculopathy. Combined medial and lateral approaches are safe, minimally invasive and it provide the complete decompression of triple entrapment of the L5 spinal nerve without causing secondary instability like after complete facetectomy.

Ductility Confinement of RC Rectangular Shear Wall (장방형 철근 콘크리트 전단벽의 연성 보강)

  • 강수민;박홍근
    • Journal of the Korea Concrete Institute
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    • v.14 no.4
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    • pp.530-539
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    • 2002
  • In designing the boundary confinement of shear walls, the current design provisions and recommendations are empirical and prescriptive; they specify a certain confinement length and details, regardless of the actual requirement of ductility Therefore, they are inappropriate to the performance based-design. The purpose of the present study is to develop a ductility design method that Is applicable to the performance based-design of shear wall. For the purpose, experimental studies were performed to investigate variations in the ductility of shear walls with the length of the boundary confinement. Five specimens modeling the compressive zone of cross sections with different confinement area were tested against eccentric vertical load. Through the experimental studies, strength, ductility, and failure mode of the compression zone were investigated. In addition, nonlinear numerical analyses for the overall cross-sections of shear wall were performed to investigate variations of the stress and strain profiles with the length of compression zone. On the basis of the experimental and numerical studies, a ductility design method for shear wall was developed. By using the proposed design method, for a given ductility demand, the area of lateral confinement and corresponding reinforcement ratio can be precisely determined so that the ductile behavior and economical design are assured.

Estimation of Effect Zone for the Establishment of Damage-Minimizing Plan of Chemical Plants (화학공장의 사고피해 최소화 대책수립을 위한 영향범위 평가)

  • Lee, Hern-Chang;Han, Seong-Hwan;Cho, Ji-Hoon;Shin, Dong-Il;Kim, Tae-Ok
    • Journal of the Korean Institute of Gas
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    • v.15 no.2
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    • pp.69-74
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    • 2011
  • As a way to propose a method for the establishment of practical damage-minimizing plan for chemical plants, the release scenario was established by using API-581 BRD and the effect zone was estimated by the KS-RBI program supporting the quantitative cause analysis. And the risk assessment was performed. As a result, we found that to minimize the damage of a chemical plant, it is effective to use four release hole diameters (small, medium, large and rupture) and release time estimated according to the classes of detection and isolation systems. In addition, it can be safely said that through appling the damage areas considering weighted average by failure frequency and worst-case simultaneously, industrial sites can come up with the effective emergency response plan.

Interaction and mechanical effect of materials interface of contact zone composite samples: Uniaxial compression experimental and numerical studies

  • Wang, Weiqi;Ye, Yicheng;Wang, Qihu;Luo, Binyu;Wang, Jie;Liu, Yang
    • Geomechanics and Engineering
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    • v.21 no.6
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    • pp.571-582
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    • 2020
  • Aiming at the mechanical and structural characteristics of the contact zone composite rock, the uniaxial compression tests and numerical studies were carried out. The interaction forms and formation mechanisms at the contact interfaces of different materials were analyzed to reveal the effect of interaction on the mechanical behavior of composite samples. The research demonstrated that there are three types of interactions between the two materials at the contact interface: constraint parallel to the interface, squeezing perpendicular to the interface, and shear stress on the interface. The interaction is mainly affected by the differences in Poisson's ratio and elastic modulus of the two materials, stronger interface adhesion, and larger interface inclination. The interaction weakens the strength and stiffness of the composite sample, and the magnitude of weakening is positively correlated with the degree of difference in the mechanical properties of the materials. The tensile-shear stress derived from the interaction results in the axial tensile fracture perpendicular to the interface and the interfacial shear facture. Tensile cracks in stronger material will propagation into the weaker material through the bonded interface. The larger inclination angle of the interface enhances the effect of composite tensile/shear failure on the overall sample.

Compression Strength Size Effect on Carbon-PEEK Fiber Composite Failing by Kink Band Propagation

  • Kim, Jang-Ho
    • KCI Concrete Journal
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    • v.12 no.1
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    • pp.57-68
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    • 2000
  • The effect of structure size on the nominal strength of unidirectional fiber-polymer composites, failing by propagation of a kink band with fiber microbuckling, is analyzed experimentally and theoretically. Tests of novel geometrically similar carbon-PEEK specimens, with notches slanted so as to lead to a pure kink band (without shear or splitting cracks), are conducted. The specimens are rectangular strips of widths 15.875, 31.75. and 63.5 mm (0.625, 1.25 and 2.5 in and gage lengths 39.7, 79.375 and 158.75 mm (1.563, 3.125 and 6.25 in.). They reveal the existence of a strong (deterministic. non-statistical) size effect. The doubly logarithmic plot of the nominal strength (load divided by size and thickness) versus the characteristic size agrees with the approximate size effect law proposed for quasibrittle failures in 1983 by Bazant This law represents a gradual transition from a horizontal asymptote, representing the case of no size effect (characteristic of plasticity or strength criteria), to an asymptote of slope -1/2 (characteristic of linear elastic fracture mechanics. LEFM) . The size effect law for notched specimens permits easy identification of the fracture energy of the kink bandand the length of the fracture process zone at the front of the band solely from the measurements of maximum loads. Optimum fits of the test results by the size effect law are obtained, and the size effect law parameters are then used to identify the material fracture characteristics, Particularly the fracture energy and the effective length of the fracture process zone. The results suggest that composite size effect must be considered in strengthening existing concrete structural members such as bridge columns and beams using a composite retrofitting technique.

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