• Title/Summary/Keyword: property change

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A Study on the Valuation of Real Estate Using the Applies Real Option Model Considering Population Structure Changes (실물옵션 기법을 응용한 부동산 가치평가 연구: 인구구조 변화를 고려하여)

  • Gu, Seung Hwan;Ping, Wang;Jang, Seong Yong
    • Korean Management Science Review
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    • v.31 no.1
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    • pp.17-26
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    • 2014
  • This study presents a new real estate value analysis model considering the changes in the population structure. We propose a new model that takes advantage of the binomial option model one of the techniques of real options and considers the changes in the population structure. The real estate market price data of Seoul city from year 2001 to 2012 were extracted and the correlation analysis between real estate prices and changes in the population structure was performed. The result shows that they have positive correlation with one year time lag. The coefficient between the real estate prices and demographic changes was estimated using the OLS analysis and included in the traditional binomial option model to calculate the value of the property. It is assumed for the future price prediction that real estate invested in Seoul in January, 2013 will be sold within five years. Analysis result shows that the values of real estate in September of 2013 were predicted as 583.5 million won in the new model and as 582.4 million won in the traditional model. This reflects that the new model considering the change of population change gives better realistic performance than the traditional one.

Tracking Performance Improvement of the Double-Talk Robust Algorithm for Network Echo Cancellation (네트워크 반향제거를 위한 동시통화에 강인한 알고리듬의 추적 성능 개선)

  • Yoo, Jae-Ha
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.12 no.1
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    • pp.195-200
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    • 2012
  • We present a new algorithm which can improve the tracking performance of the double-talk robust algorithm. A detection method of the echo path change and a modification method for the update equation of the conventional adaptive filter are proposed. A duration of the high error signal to scale parameter ratio varies according to the call status and this property is used to detect the echo path change. The proposed update equation of the adaptive filter improves the tracking performance by prohibiting wrong selection of the error signal. Simulations using real speech signals and echo paths of the ITU-T G.168 standard confirmed that as compared to the conventional algorithm, the proposed algorithm improved the tracking performance by more than 4 dB.

Change in Germination and Physiological Properties of Hippophae rhamnoides Seeds by Different Storage Period (갈매보리수나무 종자의 저장기간에 따른 발아 및 생리적 특성)

  • Choi, Chung Ho;Yang, Byeong Hoon
    • Korean Journal of Plant Resources
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    • v.28 no.4
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    • pp.533-540
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    • 2015
  • Germination properties, leachate electrical conductivity (EC), and inorganic compound leaching were analyzed to ascertain the storage ability and change of physiological characteristics during storage of Hippophae rhamnoides seeds. Seeds were placed in an incubator at 25℃ and sown in different soil media (sand, vermiculite and horticultural substrate) after being stored for 6, 18 and 30 months at 2℃. All germination properties decreased in accordance to an increase of the seed storage period. Compared with the seed storage for 18 months, germination percentage (GP), germination performance index (GPI), and germination value (GV) of seeds stored for 30 months decreased by more than 50%. When the seeds were sown in different soil media in a greenhouse, those germination properties were similar to the seeds germinated in an incubator, and mean germination time, GPI and GV had a significant difference except GP among soil media. EC and inorganic ion concentration had a strong positive correlation with the seed storage period, but the ratios of inorganic ions from stored seeds revealed that K+/Mg2+ and Na+/Mg2+ were inversely correlated with the storage period.

Realistic Analysis Method for Continuously Block-Placed Mass Concrete Structures Considering Block Size and Sequence of Concrete Placement (매스 콘크리트 구조물의 연속 분할타설시 타설블록의 크기 및 타설순서를 고려한 합리적인 수화열 해석)

  • 오병환;전세진;유성원
    • Journal of the Korea Concrete Institute
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    • v.11 no.3
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    • pp.59-67
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    • 1999
  • The mass concrete structures are generally constructed in an incremental manner by deviding the whole structures by a series of many blocks. The temperature and stress distributions of any specific block are continuously affected by the blocks placed before and after the specific block. For an accurate analysis of mass concrete structures, the sequence of all the blocks must be accordingly considered including the change of material properties with time for those blocks considered. The purpose of this study is to propose a realistic analysis method which can take into account not only the influence of the sequence, time interval and size of concrete block placement on the temperatures and stresses, but also the change of material properties with time. It is seen from this study that the conventional simplified analysis, which neglects material property changes of some blocks with time and does not consider the effect of adjacent blocks in the analysis, may yield large discrepancies in the temperature and stress distributions of mass concrete structures. This study gives a method to choose the minimum number of blocks required to obtain reasonably accurate results in analysis. The study provides a realistic method which can determine the appropriate size and time interval of block placement, and can be efficiently used in the design and construction of mass concrete structures.

Influence of Interface Active substances(Ionic and Amphoteric) on Chemical property and Streaming Electrification of Transformer Oil (이온성 및 양성 계면 활성제가 변압기유의 화학적 특성 및 유동대전에 미치는 영향)

  • 김용운;이덕출
    • Electrical & Electronic Materials
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    • v.10 no.7
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    • pp.719-726
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    • 1997
  • This research was conducted to analyze the change of surface tension, viscosity, streaming current and conductivity of transformer oil when it were injected with the interface active substances.(anionic:S-111, cationic:S-121, amphoteric:S-131) The changes properties of the surface tension and viscosity of the oil which were injected with the interface active substances were divided into the changes area and the minimum reduction area. The surface tension and viscosity of the oil which were injected with three different kinds of interface active substances showed remarkable change at the point where the concentration of the substance in anionic, in cationic and in amphoteric were 100[ppm], 10[ppm] and 1[ppm] respectively. The streaming current and conductivity of the same sample oil were also changed at the same densities of the surface tension and viscosity. For this factor, it was possibile for us to interpret the mechanism of the streaming current and conductivity. Therefore the interface active substances of the three kinds were injected into the oil within the limit of optimal volume, prevention effects of electrification were showed more excellence than unmixed insulating oil.

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Characteristics of CIGS Thin Film Photovoltaic Cells with a Change of Rising-Temperature Time in Rapid Thermal Processing (급속열처리장치 승온 조건에 따른 CIGS 박막 태양전지 특성 연구)

  • Jeong, Yong-Min;Park, Chan-Il;Cho, Geum-Bae
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.27 no.3
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    • pp.107-112
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    • 2013
  • Cu(In,Ga)$Se_2$ (CIGS) thin films were annealed on molybdenium/sodalime glass substrates of $300{\times}300mm^2$ by rapid thermal processing (RTP) with 2-step rising-temperature times in $N_2$ ambient. Morphological property, structural characteristics and chemical composition of the precursor of CIGS thin films were influenced directly with a change of $1^{st}$-step rising-temperature time in RTP whereas there is no significant difference with the different $2^{nd}$-step rising-temperature time (final crystallization temperature). The shorter $1^{st}$-step rising-temperature time in RTP obtained the higher photovoltaic cell efficiency from 7.469% to 8.479% even though the ideal composition in CIGS thin films could not be accoplished in this study.

Comparison of the Physical Properties Korean and Japanese Lining Papers (국내.외 배접지의 물성 비교 분석)

  • Jeong, So-Young;Choi, Kyoung-Hwa;Park, Ji-Hee;Kang, Yeong-Seok
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.41 no.3
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    • pp.60-64
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    • 2009
  • Paper is easily damaged by physical and chemical deterioration under several factors. Damaged paper cultural heritage is usually restored by Lining. A traditional method of Lining is attaching the lining paper behind the original paper cultural heritage using starch and water. It supports the weakened quality of paper. In Japan, paper cultural heritage is restored with "Washi" which is made from mixture of Paper mulberry and Japanese cedar. In the west, the lining paper made from Paper mulberry, which has extraordinary excellent conservativeness, is usually used as a restoration material for paper. But Japanese Washi has dominated the demand for restoration materials as the most preferred restoration paper, and most kinds of paper made from Paper mullbery have been called as 'Japanese paper'. Result showed that the strength of the Korean lining papers was generally higher than that of the Japanese ones. As a result from measuring the rate of dimensional change after water-immersion and drying, sample B of the Korean lining papers and sample E of the Japanese lining papers showed the highest stability.

A study on the characteristics of Pb free Sn-2%Ag-x%Bi solder alloys (Pb Free Sn-2%Ag-x%Bi계 Solder의 특성에 관한 연구)

  • 흥순국;박일경;강정윤
    • Journal of Welding and Joining
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    • v.16 no.3
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    • pp.148-156
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    • 1998
  • The purpose of this study is to investigate the characteristics of Pb-Free Sn-2%Ag-Bi solder alloys. The solder alloys used in this study is Sn-2%Ag-(3,5,7,9%) Bi It is examined that their properties such as melting range, wettability, microstructure, microhardness, and tensile property. The addition of Bi(3,5,7,9%) lowered the melting point of the solder and the melting range was 196~203$^{\circ}C$. The wettability of the solder as equal to that of Sn-37% Pb solder. The morphology of structure did not change largely by addition of Bi. But the structure of cellular dendrite of linear type displayed. The tensile strength of the solder was superior to that of Sn-37%Pb solder. But the elongation was inferior to that of Sn-37%Pb solder. The hardness of Sn-2%Ag solder was tow times and that of Sn-2%Ag-Bi solder was three times of that in Sn-37%Pb solder. But the effect of increment of Bi content did not change largely.

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Analysis of biomechanical change of adjacent motion segment of the lumbar spine with an implanted artificial disc (인공추간판 적용 시 인접 운동 분절에서의 변화 분석)

  • Kim Y.E.;Yun S.S.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2005.10a
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    • pp.244-247
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    • 2005
  • Although several artificial disc designs have been developed for the treatment of discogenic low back pain and used clinically, biomechanical change with its implantation seldom studied. To evaluate the effect of artificial disc implantation on the biomechanics of lumbar spinal unit, nonlinear three-dimensional finite element model of L1-L5, S1 was developed and strain and stress of vertebral body and surrounding spinal ligaments were predicted. Intact osteoligamentous L1-L5, S1 model was created with 1-mm CT scan of a volunteer and known material property of each element were applied. This model also includes the effect of local muscles which was modeled with pre-strained spring elements. The intact model was validated with reported biomechanical data. Two models implanted with artificial discs, SB Charite or Prodisc, at L4/5 via anterior approach were also developed. The implanted model predictions were compared with that of intact model. Angular motion of vertebral body, force on spinal ligaments, facet joint contact force with $2\sim12$ Nm flexion-extension moment.

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Effect of Austenitizing and Quenching·Tempering Temperatures on Tensile and Impact Properties of AISI 51B20 (AISI 51B20강의 인장 및 충격특성에 미치는 오스테나이트화 온도와 퀜칭·템퍼링 온도의 영향)

  • Kim, Heon-Joo
    • Journal of the Korean Society for Heat Treatment
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    • v.24 no.6
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    • pp.327-337
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    • 2011
  • Effects of microstructural change, tensile properties and impact property according to the change of austenitizing temperature and tempering temperature of AISI 51B20 steel were examined. Regardless of austenite grain size, lath martensite with needle and packet shapes was found at tempering temperature of $300^{\circ}C{\sim}400^{\circ}C$. The needles of lath martensite changed to parallel packet at tempering temperature of $450^{\circ}C{\sim}600^{\circ}C$. As tempering temperature increased, tensile strength, yield strength and hardness decreased, while elongation, ratio of reduction area and Charpy impact energy increased. Grain size increased when quenching temperature was $930^{\circ}C$. Grain size had prominent effect on the mechanical properties of AISI 51B20 steel. Ratio of tensile strength/yield strength and yield strength autenitized at $880^{\circ}C$ followed by tempering at $350^{\circ}C{\sim}450^{\circ}C$ showed higher values than that of autenization at $930^{\circ}C$ due to fine grain size.