• Asia-Pacific Journal of Business
• /
• v.10 no.3
• /
• pp.37-51
• /
• 2019

In this paper, we investigate the performance of anomaly factors in Asia-Pacific Stock market and show the higher Sharpe ratio of the volatility managed smart beta portfolio. The smart beta portfolio combines the benefit of passive strategy and active strategy. However, the smart beta portfolios are seems to be exposed to the risk of anomaly factors from the perspective of traditional financial equilibrium model. Therefore, the smart beta strategy may generate negatively skewed returns unappealing to investors having lower risk tolerance. Our empirical investigations find that the return of the Asia-Pacific region stock market is more volatile than other regions with the lower efficiency ratio. However, the value factor and the momentum factor of Asia-Pacific region both show good performances. More interestingly, we also find that managing the volatility of the momentum factor in Asia-Pacific stock market almost doubles the efficiency ratio.

• Advances in nano research
• /
• v.12 no.4
• /
• pp.405-414
• /
• 2022

In this study, the elastic plane problem of a layered composite containing an internal or edge crack perpendicular to its boundaries in its lower layer is examined using numerical analysis. The layered composite consists of two elastic layers having different elastic constants and heights. Two bonded layers rest on a homogeneous elastic half plane and are pressed by a rigid cylindrical stamp. In this context, the Finite Element Method (FEM) based software called ANSYS is used for numerical solutions. The problem is solved under the assumptions that the contacts are frictionless, and the effect of gravity force is neglected. A comparison is made with analytical results in the literature to verify the model created and the results obtained. It was found that the results obtained from analytical formulation were in perfect agreements with the FEM study. The numerical results for the stress-intensity factor (SIF) are obtained for various dimensionless quantities related to the geometric and material parameters. Consequently, the effects of these parameters on the stress-intensity factor are discussed. If the FEM analysis is used correctly, it can be an efficient alternative method to the analytical solutions that need time.

• Journal of the Korean Society for Precision Engineering
• /
• v.14 no.5
• /
• pp.150-156
• /
• 1997

Three dimensional finite element analysis was conducted to estimate the effect of shape parameters (plate width and thickness) on the stress intensity factor for crack in the integrally stiffened plate. Analysis was done for width ratios of 0.5, 0.75, 1.0, 1.5, 2.0, 2.5, and thickness ratios of 2, 3, 4, 6. Based on these results, an empirical equation of geometry factor is formulated as a function of crack length and thickness ratio.

• The Bulletin of The Korean Astronomical Society
• /
• v.46 no.1
• /
• pp.58.2-58.2
• /
• 2021

The clumping factor of the inter-galactic medium (IGM) is one of the most important quantities that determine the process of cosmic reionization. However, theoretical attempts to make predictions about the clumping factor have been hampered by finite resolutions of the simulations, because small-scale structures in the IGM were under-resolved. We use high-resolution (~10 pc), cosmological radiation-hydrodynamic simulations, SPHINX, to estimate the clumping factor in the IGM. We find that the global clumping factors (CHII>3) are higher than previously estimated (CHII=3), indicating that resolving the small structures is indeed crucial to accurately model the reionization history of the Universe. We also discuss the local clumping factors, which should be useful to make predictions about the local ionization histories with analytic methods.

• Nuclear Engineering and Technology
• /
• v.55 no.10
• /
• pp.3628-3638
• /
• 2023

This paper uses 135 Licensed Operator Event Reports (LOER) from Chinese nuclear plants to analyze how safety culture affects unsafe behaviors in nuclear power plants. On the basis of a modified human factors analysis and classification system (HFACS) framework, structural equation model (SEM) is used to explore the relationship between latent variables at various levels. Correlation tests such as chi-square test are used to analyze the path from safety culture to unsafe behaviors. The role of latent error is clarified. The results show that the ratio of latent errors to active errors is 3.4:1. The key path linking safety culture weaknesses to unsafe behaviors is Organizational Processes → Inadequate Supervision → Physical/Technical Environment → Skill-based Errors. The most influential factors on the latent variables at each level in the HFACS framework are Organizational Processes, Inadequate Supervision, Physical Environment, and Skill-based Errors.

• Proceedings of the KIEE Conference
• /
• 2004.11c
• /
• pp.9-11
• /
• 2004

The vocal folds play an important role to produce glottal pulse which is an essential factor of phonation. There have been some models which implement the vocal folds' dynamics, such as one-mass model, two-mass model, multi-mass model and ribbon model. Among them, this paper uses nonlinear two-mass model, which is simple structure and produces similarly real glottal pulses and vocal folds' vibration, to realize vocal folds digital model. The pattern of movements in vocal folds will be shown in this paper by using vocal folds digital model. It will be verified how initial position of vocal folds. variation of tension and change of lung pressure influences vibration and glottal pulses.

• Journal of the Korean Data and Information Science Society
• /
• v.19 no.3
• /
• pp.735-749
• /
• 2008

This article suggests application of logit model for analysis of multicategory responses. Referring to the reference category, characteristic of each category is obtained from analysis of polytomous logit model. With National Pension data it is illustrated that application of logit model helps it possible to find significant factors which may not be found only with polytomous logit model. Application of the logit model is done by reducing the number of categories. Categories are grouped into the former and the latter group according to reference category. Extra finding of significant factor was possible from logistic regression analysis for the two groups after removing the reference category. It is expected that this application would be helpful for finding information and characteristics on ordered multicategory responses where the proportional odds model does not fit.

• Water for future
• /
• v.26 no.4
• /
• pp.117-125
• /
• 1993

A flood -flow management system model of river basin has been developed in this study. The system model consists of the observation and telemetering system, the rainfall forecasting and data-bank system, the flood runoff simulation system, the dam operation simulation system, the flood forecasting simulation system and the flood warning system. The Multivariate model(MV) and Meterological-factor regression model(FR) for rainfall forecasting and the Streamflow synthesis and reservoir regulation(SSARR) model for flood runoff simulation have been adopted for the development of a new system model for flood-flow management. These models are calibrated to determine the optimal parameters on the basis of observed rainfall, streamflow and other hydrological data during the past flood periods. The flood-flow management system model with SSARR model(FFMM-SR,FFMM-SR(FR) and FFMM-SR(MV)), in which the integrated operation of dams and rainfall forecasting in the basin are considered, is then suggested and applied for flood-flow management and forecasting. The results of the simulations done at the base stations are analysed and were found to be more accurate and effective in the FFMM-SR and FFMM0-SR(MV).

• 한국디지털정책학회:학술대회논문집
• /
• 2006.06a
• /
• pp.197-204
• /
• 2006

This paper tried to develop differentiation strategies of policy process in governance. Firstly, we reviewed model of policy making(output-oriented model and process-oriented model, normative or idealistic approach and realistic or empirical approach, rational model and cognitive model etc). Now gumi city is making the policy based on the process-oriented model, realistic or empirical approach, cognitive model. So gumi city was winner the test of provinces innovation in 2005. Therefore, when we make the policy, consider these factor: citizen and public service personnel participate policy making process and control policy quality.

• ETRI Journal
• /
• v.28 no.1
• /
• pp.115-118
• /
• 2006

In this letter, a simple model parameter extraction methodology for an on-chip spiral inductor is proposed based on a wide-band inductor model that incorporates parallel inductance and resistance to model skin and proximity effects, and capacitance to model the decrease in series resistance above the frequency near the peak quality factor. The wide-band inductor model does not require any frequency dependent elements, and model parameters can be extracted directly from the measured data with some curve fitting. The validity of the proposed model and parameter extraction methodology are verified with various size inductors fabricated using $0.18\;{\mu}m$ CMOS technology.