3D modeling is a technology for representing real objects in a virtual 3D space or modeling and reproducing the physical environment. 2D drawings for viewing the existing building structure have limitations that make it difficult to understand the structure. By implementing this 3D modeling, specific visualization became possible. 3D technology is being applied in a wide range of preevaluation work required for nuclear decommissioning. In Slovakia, 3D modeling was applied to determine the optimal cutting strategy for the primary circuit before dismantling the VVER type Bohunice V1. In Japan, the Decommissioning Engineering Support System (DEXUS) program has been developed that incorporates VRDose, a decommissioning engineering support system based on 3D CAD models. Through this, the cutting length of the work object and the quantity of containers for packaging waste are calculated, exposure dose calculations in various dismantling scenarios, and cost estimation are performed. Korea also used 3D technology to evaluate the decommissioning waste volume for Kori Unit 1 and to evaluate the optimal scenario of the decommissioning process procedure for the research reactor Unit 1. 3D technology is currently being used in various pre-decommissioning evaluations for VVER, PWR, and research reactors. Overseas, a program that matches various decommissioning pre-evaluation tasks with cost estimation has also been developed. However, most 3D technologies are mainly used as a support system for dose evaluation and amount of decommissioning waste calculation. In this study, 3D modeling was performed on the PHWR structure, and physical and radiological information about the structure was provided. The information on the structure can present the unit cost for the work object by confirming the standard of the applied unit cost factor (UCF). The UCF presents the unit cost for repeated decommissioning operations. The decommissioning cost of the work object can be obtained by multiplying the UCF by the number of repetitions of the work. If the results of this study are combined with the process evaluation and waste quantity estimation performed in previous studies, it is judged that it will be helpful in developing an integrated NPP decommissioning program that requires preliminary evaluation of various tasks. In addition, it is judged that a clear cost estimation of the object to be evaluated will be possible by matching the 3D work object with the UCF.
The study tests the Fama and French three-factor model by using the newly created Islamic equity style indices. Based on a dataset from May 2006 to April 2011, the three-factor model is tested based on returns of Islamic unit trust funds using the Generalized Method of Moments (GMM) methodology. The sample period is also divided between periods before and after the Global Financial Crisis in August 2008 to test for robustness, and the Bai and Perron (2003) multiple structural break test was used to determine the structural break in the series. The analysis shows that the Fama and French model is valid for Islamic unit trust funds before and after the collapse of Lehman Brothers. The result further indicates the reversal of size effect. As for trading strategies, value funds outperform growth funds by annualized 3.13 percent for the full period. During pre-crisis period, value funds perform better than growth funds while in post-crisis, size factor yields better return than other strategies. As policy suggestion, fund managers need to be aware of the reversal of size effect, and they need to ensure a more transparent stock selection process so that investors can make an informed decision in their asset allocation.