• Management Science and Financial Engineering
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• v.8 no.2
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• pp.33-45
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• 2002

This study suggests an approach for determining fleet size for LTL (less -than-truckload) transportation with dynamic demand for on-time supply of the parts between the assembly line in an automobile company and its part suppliers in Korea. The vehicles operated by the transportation trucking companies in Korea in general can be classified into three types depending on the ways how their expenses occur; company -owned truck, mandated truck which is owned by outsider who entrusts the company with its operation, and rented truck (outsourcing) . With the forecasted monthly production data a year, a heuristic algorithm is developed to determine the number of company-owned trucks, mandated trucks, and rented trucks in order to minimize the expected annual operating cost, which is based on the solution technologies used in the aggregate production planning and vehicle routing problem. Finally the algorithm is tested for the problem how the trucking company transports parts for the automobile company.

• Journal of the Korean Operations Research and Management Science Society
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• v.26 no.1
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• pp.33-44
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• 2001

In this paper, we address a problem of traffic grooming and wavelength routing in all optical WDM ring networks. Given a traffic demand for each node pair, we should aggregate the traffic onto lightpaths between pairs of nodes to transport the demand, and set up the routing path for each lightpath with minimum number of wavelengths to be assigned to lightpaths. In this paper, we formulate our problem as a mixed Integer Programming model. Owing to the problem complexity, it is hard to find an optimal solution for our problem. hence, we develop a heuristic algorithm to solve our problem efficiently. From the computational experiments, we can find the proposed heuristic is very satisfactory in both the computation time and the solution quality generated.

• Management Science and Financial Engineering
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• v.21 no.1
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• pp.19-24
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• 2015

As decision makers do not make optimal decisions in practice despite the existence of optimal solutions in many models, there has been a rising interest in behavioral operations management recently. In this study, we aim for a comparative study to analyze the inventory decisions in Korea, America, and China, by conducting the same newsvendor experiment in Korea and compare the results with those of previous studies. From the comparative analysis, some national characteristics in decision-making processes have been observed but there is lowly significant difference in order quantities among the three groups. Korean students show lower level of understanding in demand distributions and tendencies of anchoring on the mean demand and being risk-averse. The finding that individuals make their own decisions differently based on their different behaviors suggests that we need to consider individual approach in analyzing human decision-making processes rather than adapting aggregate approach.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2021.11a
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• pp.208-209
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• 2021

In 2017, 100 aftershocks with a magnitude of 2.0~3.0 and 615 minor earthquakes in Pohang in Korea caused the collapse and destruction of aggregate, tile, glass, and other structural components of multi-family houses constructed as finishing materials for buildings, causing damage to vehicles and casualties. Based on this factor, seismic design standards were established for non-structural elements of buildings that were applied only to past structures. Therefore, this study reinterpreted various vibration response spectra transmitted to waterproof layers as well as the definition and concept of the waterproof layer demand response spectrum derived by developing various vibration response test evaluation devices through a new testing apparatus.

• Journal of Korean Society of Transportation
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• v.26 no.1
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• pp.51-63
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• 2008

Jeju-Mainland demand for air passenger is variated by the season because most of the demands stem from the leisure travel. This research is to estimate the econometrics demand models(A simple time series model and the partial adjustment model) and elasticities of each models for the Jeju-Mainland domestic routes air travel market using the time series aggregate data between the year 1996 and 2005. As the result of estimating, income elasticity was evaluated to be elastic(1.55) and fare elasticity was inelastic(-0.49${\sim}$-0.59) for A simple time series models. In the partial adjustment model's case, income elasticity was evaluated to be inelastic(0.51) in short-run whereas it was evaluated to be elastic(1.88) in long-run. Fare elasticity was evaluated to be inelastic in short-run(high-demand season: -0.13, slack season: -0.20) and long-run(high-demand season: -0.48, slack season: -0.72).

• Resources Recycling
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• v.31 no.5
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• pp.42-51
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• 2022

Aggregate resources in Korea are expected to run out owing to an increase in development demand and construction investment. Recycled concrete aggregates (RCA), extracted from waste concrete, have a lower quality than natural aggregates. However, RCA can produce concrete similar in quality to the normal concrete by aggregate pretreatment, use of admixtures, and quality control. RCA are most suitable for use in precast concrete products such as sidewalk blocks and revetment blocks. Herein, the feasibility of producing revetment blocks using recycled aggregate concrete (RAC), similar in quality to normal concrete, was analyzed. The amount of RCA was varied, and moderate high early strength cement and steam curing were used to produce the concrete test blocks. In the block test, the load resistance characteristics of the blocks were evaluated to determine optimal RAC and glass fiber reinforced polymer (GFRP) rebar compositions. Thus, the variable that reduced the cement content was determined at the same level as that of natural aggregate concrete by the control of steam curing. In the concrete block test, although this depends on the reinforcement ratio, the RAC block exhibited the same or better performance than a normal concrete block. Therefore, the low quality of RCA in RAC is no longer a problem when concrete mixing and curing are controlled and appropriate reinforcement is used.

• Journal of the Korean Recycled Construction Resources Institute
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• v.10 no.4
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• pp.475-481
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• 2022

Recycled aggregates show high water absorption rate compared to natural aggregates due to microcrack developed during production process and adhered cement pastes at the surface of recycled aggregates. This leads to the deterioration of mechanical properties and slow work flow. Currently it is getting hard to satisfy high demand for natural aggregates. Utilizing recycled aggregate more widely may be a substitutable countermeasure for the shortage of natural resources. In this study, two-stage mixing approach(TSMA) suggested by Tam et al. is used to produce recycled aggregate concrete(RAC) with 100 % replacement of coarse natural aggregate and tests for compressive strength, elastic modulus, and chloride ion diffusion coefficient are conducted to find out the effect of TSMA compared to normal mixing method. According to experimental result compressive strength and elastic modulus of RAC with TSMA was superior to those of RAC with normal mixing irrespective of water-cement ratio, and in some cases mechanical properties of RAC with TSMA approached to those of natural aggregate concrete(NAC). However, chloride ion diffusion coefficient of RAC was higher than that of NAC. This illustrates that TSMA is not an appropriate method in reducing chloride ion diffusion coefficient, resulting in inconsequential contribution of TSMA to the durability of RAC.

• Journal of Korean Society of Transportation
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• v.20 no.3
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• pp.93-103
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• 2002

우리 국민의 교통수요행태를 분석하기 위하여 준이상수요체계(almost ideal demand system) 함수형태의 집계교통수요모형을 설정하였다. 대중교통수단으로서 시내버스, 시외버스, 택시, 기차, 전철이 그리고 개인교통수단으로서 연료비가 포함되었으며, 기타재화 및 서비스에 대한 소비지출이 함께 추정되었다. 추정에 이용된 자료는 통계청의 "도시가계연보"에 수록된 '전국 도시가구 소비지출'과 "물가통계"에 수록된 '전국 도시소비자 물가'이다. 추정결과 모형의 설명력을 나타내는 수정결정계수(adjusted-$R^2$)는 대부분 0.9 내외에서 높게 나타났다. 추정계수는 총 51개중에서 25개가 5% 수준에서 유의한 것으로 나타났다. 추정된 계수값을 이용하여 가격탄력성과 소득탄력성을 구하였다. 자기가격탄력성과 소득탄력성 추정치는 조금 높기는 하나 부호와 상대적 크기가 모두 예상과 일치하고 다른 연구결과들과 유사한 범위에 있다. 연료비에 대한 소득탄력성은 1.72로 가장 높게 나타났고, 대중교통수단은 0.03~0.49 사이에서 나타나므로 교통수단이 정상재임을 의미한다. 보상수요의 교차가격탄력성은 총 15개의 교차관계에서 12개의 관계가 상식과 일치한다. 다음 연구에서는 더 많은 시계열자료를 발굴하여, 장기간의 교통수요 변화에 대한 분석을 시도할 필요가 있다. 또한 초월대수함수나 동태함수 등 다양한 형태의 수요함수를 시도할 필요가 있다. 여러가지 형태의 교통수요함수추정을 통해서 우리 현실에 적합한 교통수요모형을 발견할 수 있을 것이다. 대도시와 중소도시 등 지역별 지출자료를 발굴하여 지역특성을 반영하는 교통수요함수의 추정도 필요하다.

• Proceedings of the KOR-KST Conference
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• 2003.02a
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• pp.127-150
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• 2003

This research presents a novel application of static traffic assignment methods, but with a variable time value, for estimating the market share of a high-speed rail (HSR) in the NW-SE corridor of Korea which is currently served by the airline (AR), conventional rail (CR), and highway (HWY) modes. The proposed model employs the time-space network structure to capture the interrelations among all competing transportation modes, and to reflect their supply- and demand-sides constraints as well as interactions through properly formulated link-node structures. The embedded cost function for each network link offers the flexibility for incorporating all associated factors, such as travel time and fare, in the model computation, and enables the use of a distribution rather than a constant to represent the time-value variation among all transportation mode users. To realistically capture the tripmakers' value-of-time (VOT) along the target area, a novel method for VOT calibration has been developed with aggregate demand information and key system performance data from the target area. Under the assumption that intercity tripmakers often have nearly "perfect" travel information, one can solve the market share of each mode after operations of HSR for each O-D pair under the time-dependent demand with state-of-the-art traffic assignment. Aside from estimating new market share, this paper also investigated the impacts of HSR on other existing transportation modes.

• Journal of Information Processing Systems
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• v.20 no.1
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• pp.93-104
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• 2024

China is playing more predominant role in the liquefied natural gas (LNG) market worldwide and LNG import price is subject to various factors both at home and abroad. Nevertheless, previous studies rarely heed a multiple of factors. A time-varying parameter factor augmented vector auto-regression (TVP-FAVAR) model is adopted to discover the determinants of China's LNG import price and their dynamic impacts from January 2012 to December 2021. According to the findings, market fundamentals have a greater impact on the import price of natural gas in China than overall economic demand, financial considerations, and world oil prices. The primary determinants include domestic gas consumption, consumer confidence and other demand-side information. Then, there are diverse and time-varying spillover effects of the four common determinants on the volatility of China's LNG import price at different intervals and time nodes. The price volatility is more sensitive and long-lasting to domestic natural gas pricing reform than other negative shocks such as the Sino-US trade war and the COVID-19 pandemic. The results in this study further proves the importance of domestic natural gas market liberalization. China ought to do more to support the further marketization of natural gas prices while working harder to guarantee natural gas supplies.