• Title/Summary/Keyword: Business Scenario

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Prediction of Sales on Some Large-Scale Retailing Types in South Korea

  • Jeong, Dong-Bin
    • Asian Journal of Business Environment
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    • v.7 no.4
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    • pp.35-41
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    • 2017
  • Purpose - This paper aims to examine several time series models to predict sales of department stores and discount store markets in South Korea, while other previous trial has performed sales of convenience stores and supermarkets. In addition, optimal predicted values on the underlying model can be got and be applied to distribution industry. Research design, data, and methodology - Two retailing types, under investigation, are homogeneous and comparable in size based on 86 realizations sampled from January 2010 to February in 2017. To accomplish the purpose of this research, both ARIMA model and exponential smoothing methods are, simultaneously, utilized. Furthermore, model-fit measures may be exploited as important tools of the optimal model-building. Results - By applying Holt-Winters' additive seasonality method to sales of two large-scale retailing types, persisting increasing trend and fluctuation around the constant level with seasonal pattern, respectively, will be predicted from May in 2017 to February in 2018. Conclusions - Considering 2017-2018 forecasts for sales of two large-scale retailing types, it is important to predict future sales magnitude and to produce the useful information for reforming financial conditions and related policies, so that the impacts of any marketing or management scheme can be compared against the do-nothing scenario.

Prediction of greenhouse gas emission from municipal solid waste for South Korea

  • Popli, Kanchan;Lim, Jeejae;Kim, Hyeon Kyeong;Kim, Young Min;Tuu, Nguyen Thanh;Kim, Seungdo
    • Environmental Engineering Research
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    • v.25 no.4
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    • pp.462-469
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    • 2020
  • This study is proposing a System Dynamics Model for estimating Greenhouse Gas (GHG) emission from treating Municipal Solid Waste (MSW) in South Korea for years 2000 to 2030. The government of country decided to decrease the total GHG emission from waste sector in 2030 as per Business-as-usual level. In context, four scenarios are generated to predict GHG emission from treating the MSW with three processes i.e., landfill, incineration and recycling. For prior step, MSW generation rate is projected for present and future case using population and waste generation per capita data. It is found that population and total MSW are directly correlated. The total population will increase to 56.27 million and total MSW will be 21.59 million tons in 2030. The methods for estimating GHG emission from landfill, incineration and recycling are adopted from IPCC, 2006 guidelines. The study indicates that Scenario 2 is best to adopt for decreasing the total GHG emission in future where recycling waste is increased to 75% and landfill waste is decreased to 7.6%. Lastly, it is concluded that choosing proper method for treating the MSW in country can result into savings of GHG emission.

Estimation of the Optimum Number of Rail Cars to Increase the Benefit (철도편익 증대를 위한 소요차량수 산정 방안)

  • Kim, Kyoung-Tae;Lee, Jin-Sun;Park, Bum-Hwan
    • Journal of the Korean Society for Railway
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    • v.13 no.3
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    • pp.333-338
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    • 2010
  • Investment in railroad, it is very important to find a way to increase a benefit to make the economic efficiency more positive, but is also considering that the cost will be higher. In this paper, we suggest a optimized model for increasing the benefit of railroad business considering of stopping patterns. According to existing analytical method, the operation hour is calculated based on that scenario regarding that it stops at all major stations but it does not fit the actual operation conditions. Considering various stopping patterns can be reasonably calculated the cost for required rail cars in the planning stages, and can also affect economic efficiency in a positive way.

Optimization-Based Buyer-Supplier Price Negotiation: Supporting Buyer's Scenarios with Suppler Selection

  • Lee, Pyoungsoo;Jeon, Dong-Han;Seo, Yong-Won
    • Journal of Distribution Science
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    • v.15 no.6
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    • pp.37-46
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    • 2017
  • Purpose - The paper aims to propose an optimization model for supporting the buyer-seller negotiations. We consider the price, quality, and delivery as evaluation criteria, also recognized as objectives for negotiation. Research design, data, and methodology - The methodology used in this paper involves the input-oriented DEA with the inverse optimization. Under the existence of several potential suppliers, the price would be considered to be the decision variable to conclude the negotiation so as to meet the desired level of the quality and delivery. The data set for six suppliers with three criteria is examined by the proposed approach. Results - We present the decision aid model by displaying the price spectrum as the changes of desired output levels. It overcomes the shortcomings from previous researches mainly based on the discrete types of scenario generations. This approach shows that the obtained results help the buyer understand the trade-offs between price and performance when he/she considers the negotiation. Conclusions - The paper contributes to the numerical models for buyer-supplier negotiation in that the model for the supplier evaluation and selection is closely linked with the model for negotiation. In addition, it eliminates the unrealistic negotiation strategy, and provides the negotiation strategies that the buyer would not shift the burden on suppliers by maintaining the current efficiency.

A Study on a To-Be System Design for the Operational Information System of Postal Service (우편 물류 정보화 목표 시스템 설계에 관한 연구)

  • Yee, Soung Ryong;Sun, Ji Ung;Lee, Kyungsik
    • Journal of Korean Institute of Industrial Engineers
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    • v.28 no.3
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    • pp.302-318
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    • 2002
  • As facing the challenges from many competitors, the Office of Korea Postal Service has issued the fundamental plan of business renovation which includes the master plan of the information systems. In this paper we discuss the design of a to-be information system for postal service, which will be provided for the completion of the master plan. After briefly discussing the issues on developing information system and the current situation, we provide the design concept and the framework of the to-be system based on the bench marking and gap analysis with advanced systems. The to-be system consists of eight subsystems which can be grouped into three categories; intelligent systems, operational systems, and platforms. We develop detailed specification of each subsystem and provide an operational scenario. We also explain how the to-be system compatibly fits into an integrated information system, which will include the postal, banking, and management functions, to perform its ultimate role for the efficient postal service.

The Greenhouse-Gas Mitigation Potential analysis by Distribution of Solar Thermal System in Housing Sector (태양열난방시스템 도입에 따른 주거부문에서의 온실가스 감축 잠재량 분석)

  • Jeong, Young-Sun;Mun, Sun-Hye;Yu, Ki-Hyung
    • Journal of the Korean Solar Energy Society
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    • v.32 no.1
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    • pp.32-39
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    • 2012
  • New and renewable energy systems(solar thermal system, photovoltaic system, geothermal system, wind power system) are environmentally friendly technologies and these in South Korea are very important measures to reduce greenhouse-gas(GHG) and to push ahead with Green Growth. The purpose of this paper is to analyze GHG mitigation potential by distribution of solar thermal system in housing sector with bottom-up model called 'Long-range Energy Alternative Planning system'. Business as usual(BAU) was based on energy consumption characteristic with the trend of social-economic prospects and the volume of housing. The total amount of GHG emission of BAU was expected to continuous increase from 66.0 million-ton $CO_{2e}$ in 2007 to 73.1 million-ton $CO_{2e}$ in 2030 because of the increase of energy consumption in housing. The alternative scenario, distribution of solar thermal system in housing sector had GHG mitigation potential 1.54 million-ton $CO_{2e}$ in 2030. The results of this study showed that new and renewable energy systems made a contribution of reducing the use of fossil fuel and the emission of greenhouse-gas in building.

Safety of Train Passengers in a Tunnel

  • Kim, Dong-Jin;Moon, Dae-Seop;Moon, Seong-Am;Hwang, Young-Ha
    • Journal of the Korean Society for Railway
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    • v.10 no.1 s.38
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    • pp.16-21
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    • 2007
  • Along with the opening of the high speed railroad in 2004, the number of long tunnels constructed is increasing and will be continued. In this respect, the fro inside the tunnels is a main cause of drastic damages to both facilities and lives of passengers on board, especially more severe consequences are expected if the fire occurs on a train in urban area. Even though, the threat to human lives due to the increasing number of tong tunnels and increasing train operation times inside such tunnels is getting bigger, the studies to measure safety of the tunnel and to enhance the safety of passengers have not been carried out enough in Korea. Therefore, in this paper, we will use the probabilistic method to predict the average number of deaths of passengers in case of fire on a train iii tunnel, and show the potential risk to passengers which can be a guide for safer design of tunnels to be constructed.

A Study on Selection of Cross-Docking Center based on Existing Logistics Network (기존 물류 네트워크 기반에서 크로스 - 도킹 거점선정에 관한 연구)

  • Lee, In-Chul;Lee, Myeong-Ho;Kim, Nae-Heon
    • IE interfaces
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    • v.19 no.1
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    • pp.26-33
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    • 2006
  • Many Firms consider the application of a cross-docking system to reduce inventory and lead-time. However, most studies mainly concentrate on the design of a cross-docking system. This study presents the method that selects the cross-docking center under the existing logistics network. Describing the operation environment to apply the cross-docking system, the selection criteria of the cross-docking center, and the main constraints of transportation planning under the environment of multi-level logistics network, we define the selection problem of the cross-docking center applied to a logistics field. We also define the simulation model that can analyze variously the cross-docking volume and develop the selection methodology of the cross-docking center. The simulation model presents the algorithm and influence factors of the cross-docking system, the decision criteria of the system, policy parameter, and input data. In addition, this study analyzes the effect of increasing the number of simultaneous receiving and shipping docks, and the efficiency of the overnight transportation and cross-docking by evaluating each scenario after simulating the scenarios with the practical data of the logistics field.

In-Situ Measurement of Chiller Performance and Thermal Storage Density of an Ice Thermal Storage System (빙축열 시스템 냉동기 성능 및 축열밀도 현장측정 기법연구)

  • Shin Younggy;Yang Hooncheul;Tae Choon-Seob;Cho Soo;Kim Youngil
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.17 no.12
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    • pp.1204-1209
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    • 2005
  • In-situ measurement was made to evaluate chiller performance and thermal storage density of an ice thermal storage system. The system belonged to a big hotel and the measurement was conducted during late October. Owing to very small cooling load, the data logging was possible for a single thermal storage cycle. However, operation history of the chiller showed a relatively good spectrum of data for performance evaluation. COP and thermal storage density were calculated. The COP at full load was about 4.07, which was lower than $4.8\~6.4$ of new chillers. The measured storage density was about $10.9RT-h/m^3\;(=152MJ/m^3)$, which also was lower than a criterion of normal performance $(above\;13.0RT-h/m^3\;or\;181MJ/m^3)$. The study result provides technical basis for quantitative ESCO business scenario.

Formation of Scenarios for The Development of The Tourism Industry of Ukraine With The Help of Cognitive Modeling

  • Shelemetieva, Tetiana;Zatsepina, Nataly;Barna, Marta;Topornytska, Mariia;Tuchkovska, Iryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.8-16
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    • 2021
  • The tourism industry is influenced by a large number of factors that affect the development scenarios of the tourism in different ways. At the same time, tourism is an important component of the national economy of any state, forms its image, investment attractiveness, is a source of income and a stimulus for business development. The aim of the article is to conduct an empirical study to identify the importance of cognitive determinants in the development of tourism. The study used general and special methods: systems analysis, synthesis, grouping, systematization, cognitive modeling, cognitive map, pulse method, predictive extrapolation. Target factors, indicators, and control factors influencing the development of tourism in Ukraine are determined and a cognitive model is built, which graphically reflects the nature of the influence of these factors. Four main scenarios of the Ukrainian tourism industry are established on the basis of creating a matrix of adjacency of an oriented graph and forecast modeling based on a scenario approach. The practical significance of the obtained results lies in the possibility of their use to forecast the prospects of tourism development in Ukraine, the definition of state policy to support the industry that will promote international and domestic tourism.