• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.3
• /
• pp.1471-1477
• /
• 2014

This paper addresses the development on supply-demand outlook model of Jeju winter radish and introduces a projection of supply-demand and market prices during 2014-2018 using the model. The supply-demand outlook model is specified as a partial equilibrium model of Jeju winter radish. Each equation in the model is estimated by using the econometric techniques. A review of the model stability is also carried out by the references based on RMSPE, MAPE, and Theil's inequality coefficients. According to the reference of RMAPE, the error rates of the forecasting values of the cultivation ares, production quantity, and consumption quantity show less than 4% and the error rate of market price is below 10%. The cultivation area and production quantity are projected respectively to be increased to 6,650ha and 433,310MT in 2018.

• Journal of Korean Society of Rural Planning
• /
• v.27 no.3
• /
• pp.35-46
• /
• 2021

Ecosystem services play a role in promoting sustainable development by contributing to human welfare. For sustainable development, a balance between supply and demand for ecosystem services must be made. In this regard, in this study, factor analysis was performed using the results of measuring ecosystem services for the supply of ecosystem services and national statistical data representing socio-economic factors for demand for ecosystem services The results of analysis for Gyeong-gi Province are as follows. The service supply based on the result of ecosystem services was divided into the mixed service provisioning as factor1, the food provisioning as factor2, and the P retention service provisioning area as factor3. As for the demand for services based on socio-economic factors, factor1 is divided into urbanized areas, factor2 is forest development area, and factor3 is agricultural activity development area. Local governments that maintain balance were evaluated as Pocheon, Yangpyeong, Icheon, Pyeongtaek, Goyang, Suwon, Gwangmyeong, and Osan, and imbalanced local governments appeared in Gimpo, Uiwang, Anseong, and Yeoju. A management plan to maintain the balance between supply and demand of ecosystem services was suggested. The analysis method and results of this study are expected to be applicable to various local governments through regional expansion.

• Journal of Korean Society of Water and Wastewater
• /
• v.20 no.2
• /
• pp.187-196
• /
• 2006

Forecasting the long-term water demand is important in the plan of water supply system because the location and capacity of water facilities are decided according to it. To forecast the long-term water demand, the existing method based on lpcd and population has been usually used. But, these days the trend among the variation of water demand has been disappeared, so expressing other variation of it is needed to forecast correct water demand. To accomplish it, we introduced the System Dynamics method to consider total connections of water demand factor. Firstly, the factors connected with water demand were divided into three sectors(water demand, industry, and population sectors), and the connections of factors were set with multiple regression model. And it was compared to existing method. The results are as followings. The correlation efficients are 0.330 in existing model and 0.960 in SD model and MAE are 3.96% in existing model and 1.68% in SD model. So, it is proved that SD model is superior to the existing model. To forecast the long-term water demand, scenarios were made with variations of employment condition, economic condition and consumer price indexes and forecasted water demands in 2012. After all scenarios were performed, the results showed that it was not needed to increase the water supply ability in Seoul.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.8 no.12
• /
• pp.65-77
• /
• 1985

The mainpoints of General Theory is 1) the mainspring of economic activity is effective demand which can expand or control in relation to supply as a result of spontaneous decision by customer or government. 2) change in effective demand Produce change in output and employment in the same direction 3) which given productivity of labour the Vice level depend on the money supply affect the in downward direction 4) change in the money supply affect the economy through the rates of interest 5) the only automatic mechanism through which the economy can adjust itself to a deficiency of effective demand is the long process which unemployment reduces wage rates and consequently the demand for money and interest rates, above summarized contents are General Theory frame-work. The neo-classical macro general equilibrium theory, which has been reconstructed subsequent to Keyneses critism is treated the neo-classical macro-general equilibrium theory which inherits the classical theories of labour market and the aggregate production function, on demand side, it introduce the Keyneses macro-general equilibrium theory, which function through flexible movement of prices, wage and interest. Nowadays, Keynes General Theory is being developed into new dimension i, e. the macro-disequilibrium theory, and adequacy, and appropriateness of the theory and its significant contributions to modern economics are being reinterpreted and substantiated.

• The Journal of the Korea Contents Association
• /
• v.15 no.6
• /
• pp.399-410
• /
• 2015

The primary goal of the study is to examine the possibility of applying the time series model to forecasting demand and supply of social services. In the study, we used survey data based on a nationally represented sample which is secondary processed data. We selected developmental rehabilitation service. The analysis, we made models of a demand and a supply using time series analysis. Utilizing the estimates, we identified each model's pattern. This study provides an empirical evidence to suggest benefits of using the time series model for forecasting the demand and the supply pattern of newly introduced social services. We also provide discussions on policy implications of utilizing demand and supply time series models in the process of developing new social services.

• Journal of Energy Engineering
• /
• v.16 no.1 s.49
• /
• pp.22-31
• /
• 2007

This paper addresses methodology in order to consider CHP (Combined Heat and Power) capacity in the Basic Plan of Long Term Electricity Supply & Demand and presents effects on it. The method performs state in extent that do not change maximum in the Basic Plan of Long Term Electricity Supply & Demand. For analysis that occurs some advantage this method compares with Basic Plan of Long Term Electricity Supply & Demand. It includes EES (Expected Energy Served), Fuel consumption, amount of $CO_{2}$ emission reduction.

• Journal of Physiology & Pathology in Korean Medicine
• /
• v.16 no.1
• /
• pp.52-54
• /
• 2002

We investigated the changes in oriental medical market based on supply and demand of market in Korea. It is shown that the supply of western medical doctors is 6.6 times as large as that of oriental medical doctors(醫師) in 1998. The supply of western medical doctors(韓醫師) showed the greater increasing rate than that of oriental medical doctors in 1975. However, the supply of western medical doctors was almost the same as that of oriental medical doctors in the increasing rate between 1985 and 1995. Similar trends was observed in the number of hospitals and clinics. From of viewpoint of demand, the use of oriental medicine was remarkably increasing from 1990 to 1997. Oriental medical institution showed a marked increase of 48.1 % in the total medical institution showed an increase of 21.6%. These results provided a strong evidence that oriental medicine had greater increasing rate than western medicine in the supply and demand of medical market and suggest that the use of oriental medicine may play a role in the specialization of oriental medicine.

• Korean Journal of Construction Engineering and Management
• /
• v.12 no.5
• /
• pp.35-45
• /
• 2011

Establishing housing supply strategies in Korean housing market is a crucial issue due to contradictory but concurrent two problems in market; one is the unstable working-class residential and the other is the high vacancy rate by the low-level of sales rate. Although government has been continuously implementing various supply policies in an attempt to evenly distribute houses as well as to keep supply and demand in balance, it is difficult to satisfy all of stakeholders, such as housing consumers, housing owners and housing suppliers. This paper, therefore, applies a system dynamics methodology and offers a dynamic and integrated model encompassing for-profit behaviors of each market participants. The proposed model simulates the future trends of house prices, the balances between supply and demand, construction companies earnings and vacancy rate when applying various housing supply scenarios. From the simulation result, recent governmental small-size rental housing supplies in bulks should utilize private construction companies to stabilize housing distribution rate and private supply system as well as the supply and demand are well balanced.

• The Journal of Society for e-Business Studies
• /
• v.19 no.1
• /
• pp.43-61
• /
• 2014

This research is an application of game theory to developing the supplier selection and demand allocation mechanism, which are the essential and major research areas of supply chain planning and operation. In this research, the most popular and widely accepted mechanism, the progressive reverse auction is analyzed and compared with the other game theoretic approach, Kalai-Smorodinsky Bargaining Solution in the viewpoint of holistic efficiency of supply chain operation. To logically and exquisitely compare the efficiencies, a heuristic algorithm based on Genetic Algorithm is devised to find the other optimal demand allocation plan. A well known metric, profit-cost ratio, as well as profit functions for both suppliers and buyer has been designed for evaluating the overall profitability of supply chain. The experimental results with synthesis data and supply chain model which were made to mimic practical supply chain are illustrated and analyzed to show how the proposed approach can enhance the profitability of supply chain planning. Based on the result, it can be said that the proposed mechanism using bargainging solution mayguarantee the better profitability for the whole supply chin including both suppliers and buyer, even though quite small portion of buyer's profitability should be sacrified.

• Environmental and Resource Economics Review
• /
• v.23 no.1
• /
• pp.43-65
• /
• 2014

In this paper, we test for allocative efficiency of productive inputs including electricity and measure the divergence between the actual and optimal level of electricity for the chemical products, which is a relatively highly electricity-intensive sector in Korean manufacturing industries, by estimating a shadow cost function. Supposing cost minimization subject to market prices was achieved, we derive the price elasticities of demand for each input and simulate the impact of a 10% increase in power rate on its demand and supply price by estimating jointly a cost function with an inverse supply relation. The null hypothesis of allocative efficiency of inputs is rejected over the period 1982-2006. On average, electricity is used more than optimal level by 98% per year. The demand for electricity decreases by 11.4%, and supply price, on average, falls by 0.08%, other things being equal.