• Title/Summary/Keyword: Demand and Supply

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Projections of Demand for Cardiovascular Surgery and Supply of Surgeons

  • Lee, Jung Jeung;Park, Nam Hee;Lee, Kun Sei;Chee, Hyun Keun;Sim, Sung Bo;Kim, Myo Jeong;Choi, Ji Suk;Kim, Myunghwa;Park, Choon Seon
    • Journal of Chest Surgery
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    • v.49 no.sup1
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    • pp.37-43
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    • 2016
  • Background: While demand for cardiovascular surgery is expected to increase gradually along with the rapid increase in cardiovascular diseases with respect to the aging population, the supply of thoracic and cardiovascular surgeons has been continuously decreasing over the past 10 years. Consequently, this study aims to achieve guidance in establishing health care policy by analyzing the supply and demand for cardiovascular surgeries in the medical service area of Korea. Methods: After investigating the actual number of cardiovascular surgeries performed using the National Health Insurance claim data of the Health Insurance Review and Assessment Service, as well as drawing from national statistics concerning the elderly population aged 65 and over, this study estimated the number of future cardiovascular surgeries by using a cell-based model. To be able to analyze the supply and demand of surgeons, the recent status of new surgeons specializing in thoracic and cardiovascular surgeries and the ratio of their subspecialties in cardiovascular surgeries were investigated. Then, while taking three different scenarios into account, the number of cardiovascular surgeons expected be working in 5-year periods was projected. Results: The number of cardiovascular surgeries, which was recorded at 10,581 cases in 2014, is predicted to increase consistently to reach a demand of 15,501 cases in 2040-an increase of 46.5%. There was a total of 245 cardiovascular surgeons at work in 2014. Looking at 5 year spans in the future, the number of surgeons expected to be supplied in 2040 is 184, to retire is 249, and expected to be working is 309-an increase of -24.9%, 1.6%, and 26.1%, respectively compared to those in 2014. This forecasts a demand-supply imbalance in every scenario. Conclusion: Cardiovascular surgeons are the most central resource in the medical service of highly specialized cardiovascular surgeries, and fostering the surgeons requires much time, effort, and resources; therefore, by analyzing the various factors affecting the supply of cardiovascular surgeons, an active intervention of policies can be prescribed for the areas that have failed to meet the appropriate market distributions.

Heterogeneous Responds to Demand and Supply Oil Price Shocks: Evidence from Korea (수요와 공급 요인의 유가쇼크에 대한 한국 경제의 상이한 반응)

  • Jung, Heonyong
    • The Journal of the Convergence on Culture Technology
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    • v.4 no.3
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    • pp.93-98
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    • 2018
  • The article studies macroeconomic effects of the oil shock for Korea, which is a representative emerging economy of Asia and a small open economy. This article analyzed the macroeconomic effects of oil shocks in terms of demand and supply. In the case of Korea, oil price shocks different responds depending on factors of shock. Oil supply shock have led to a decline in industrial activity and interest rate, and oil specific demand shock have shown the greatest increase in interest rate relative to other oil price shocks. In addition, oil demand shock driven by economic activity showed that the comsumer price and the exchange rate are the largest compared to the oil shock caused by other factors. Therefore, policy makers will need to identify the source of the oil shock.

A Study on Design of Home Energy Management System to Induce Price Responsive Demand Response to Real Time Pricing of Smart Grid (스마트그리드 실시간요금과 연동되는 수요반응을 유도하기 위한 HEMS 설계에 관한 연구)

  • Kang, Dong-Joo;Park, Sun-Joo;Choi, Soo-Jung;Han, Seong-Jae
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.25 no.11
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    • pp.39-49
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    • 2011
  • Smart Grid has two main objectives on both supply and demand aspects which are to distribute the renewable energy sources on supply side and to develop realtime price responses on demand side. Renewable energy does not consume fossil fuels, therefore it improves the eco-friendliness and saves the cost of power system operation at the same time. Demand response increases the flexibility of the power system by mitigating the fluctuation from renewable energies, and reduces the capacity investment cost by shedding the peak load to off-peak periods. Currently Smart Grid technologies mainly focus on energy monitoring and display services but it has been proved that enabling technologies can induce the higher demand responses through many pilot projects in USA. On this context, this paper provides a price responsive algorithm for HEMS (home energy management system) on the real time pricing environment. This paper identifies the demand response as a core function of HEMS and classifies the demand into 3 categories of fixed, transferable, and realtime responsive loads which are coordinated and operated for the utility maximization or cost minimization with the optimal usage combination of three kinds of demand.

Meta-Model Design Technique for Industrial Demand-Driven Curriculum (산업체 수요중심 커리큘럼을 위한 메타모델 설계 기법)

  • Cho, Eun Sook;Pak, Sue Hee;Chang, Jun O;Rho, Eun Ha
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.7 no.4
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    • pp.169-181
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    • 2011
  • The cooperation between universities and IT industry in producing IT manpower of quality is urgently called for to create the effective labor pool of supply and finally balance its supply and demand. Korean Government launched a program where industrial demand-driven curriculums are developed and applied to universities. This paper proposes a design technique of meta-modeling demand-driven curriculums and courses, based on the 3D software space and the software development process. This technique is proven to result in extensibility, flexibility and quality improvement in software design. Therefore, we expect that the proposed technique makes curriculums and courses possible to be continuously improved in many aspects.

Comparison and discussion of water supply and demand forecasts considering spatial resolution in the Han-river basin (분석단위 세분화에 따른 한강권역의 물수급 분석 비교 및 고찰)

  • Oh, Ji-Hwan;Kim, Yeon-Su;Ryu, Kyong Sik;Bae, Yeong Dae
    • Journal of Korea Water Resources Association
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    • v.52 no.7
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    • pp.505-514
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    • 2019
  • Our country is making efforts to manage water resources efficiently. In the future, It is necessary to develop a plan after subdividing the basin considering regional problems and water use, topographical and climatic characteristics. This study constructed water supply and demand system based on the standard watershed unit for water shortage evaluation considering spatial resolution. In addition, water shortage were calculated and compared using the MODSIM model in the Han-river basin. As a result, the average water shortage occurring during the 49 years (1967-2015) was 129.98 million $m^3$ for the middle watershed unit and 222.24 million $m^3$ for the standard watershed unit, resulting in a difference of about 2.1 billion m3. However, the trends and distribution of water shortage occurrence were very similar. The reason for this is that, in the case of the Middle watershed unit analysis, water shortages are calculated for the demand for living, industrial, and agricultural water for the representative natural flow value, assuming that all the water can be used in basin. The standard basin unit analysis showed that the difference between the fractionated supply and demand resulted in a large water shortage due to the relatively small amount of available water, and that the main stream did not show water shortage due to the ripple effect of the return flow. If the actual water use system is considered in the model as well as the subdivision of the spatial unit, it will be possible to evaluate the water supply and demand reflecting the regional characteristics.

Future Domestic Water Demand, Surface Water Availability and Vulnerability Across Rapidly Growing Asian Megacities

  • Panda, Manas Ranjan;Kim, Yeonjoo
    • Proceedings of the Korea Water Resources Association Conference
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    • 2021.06a
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    • pp.144-144
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    • 2021
  • The rapid urbanization in many Asian countries has taken millions of people from the rural countryside to concentrated megacities, which eventually putting pressure on the existing water resources. The over-growing population and increasing living standard of people in the urban region of developed as well as developing countries such as Korea, China, Japan and India have witnessed a drastic change in terms of domestic water demand for the past few decades. In this study, we used the concept of potential surface water availability in the form of surface runoff for future vulnerability assessment. We focused on 42 megacities having population more than 5 million as per the United Nations (UN) census data 2020. The study shows that 30 out of 42 cities having more than 180L/p/d demand for domestic use based on various references. We have predicted the domestic water demand for all the cities on the basis of current per capita demand up to 2035 using UN projected population data. We found that the projected water demand in megacities such as Seoul, Busan, Shanghai, Ghuanzou are increasing because of high population as well as GDP growth rate. On the contrary, megacities of Japan considered in our stud shows less water demand in future due to decreasing trend of population. As per the past records provided by the local municipalities/authorities, we projected different scenarios based on the future supply for various megacities such as Chennai, Delhi, Karachi, Mumbai, Shanghai, Wuhan, etc. We found that the supply to demand ratio of these cities would be below 75% for future period and if such trend continues then the inhabitants will face serious water stress conditions. Outcomes of this study would help the local policy makers to adopt sustainable initiatives on urban water governance to avoid the severe water stress conditions in the vulnerable megacities.

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A Fuzzy Multi-Objective Linear Programming Model: A Case Study of an LPG Distribution Network

  • Ozyoruk, Bahar;Donmez, Nilay
    • Industrial Engineering and Management Systems
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    • v.13 no.3
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    • pp.319-329
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    • 2014
  • Supply chain management is a subject that has an increasing importance due to the developments in the global markets and technology. In this paper, a fuzzy multi-objective linear programming model is developed for the supply chain of a company dealing with procurement, storage, filling, and distribution of liquefied petroleum gas (LPG) in Turkey. The model intends to determine the quantities of LPG to be procured, stored, filled to cylinders, and transported between the plants and demand centers for six planning periods. In this model, which aims to minimize both total costs (sum of procurement, storage, filling, and transportation costs) and total transportation distances, demand quantities of the main demand centers and decision maker's aspiration levels about objective functions are fuzzy. After comparing the results obtained from the model with those obtained by using different methods, it is concluded that the proposed method can be applied to real world problems practically and it may be used in this type of problems in order to generate an efficient solution.

Development of Peak Power Demand Forecasting Model for Special-Day using ELM (ELM을 이용한 특수일 최대 전력수요 예측 모델 개발)

  • Ji, Pyeong-Shik;Lim, Jae-Yoon
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.64 no.2
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    • pp.74-78
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    • 2015
  • With the improvement of living standards and economic development, electricity consumption continues to grow. The electricity is a special energy which is hard to store, so its supply must be consistent with the demand. The objective of electricity demand forecasting is to make best use of electricity energy and provide balance between supply and demand. Hence, it is very important work to forecast electricity demand with higher precision. So, various forecasting methods have been developed. They can be divided into five broad categories such as time series models, regression based model, artificial intelligence techniques and fuzzy logic method without considering special-day effects. Electricity demand patterns on holidays can be often idiosyncratic and cause significant forecasting errors. Such effects are known as special-day effects and are recognized as an important issue in determining electricity demand data. In this research, we developed the power demand forecasting method using ELM(Extreme Learning Machine) for special day, particularly, lunar new year and Chuseok holiday.

Coordination of Component Production and Inventory Rationing for a Two-Stage Supply Chain with a VMI Type of Supply Contract (적시 부품 공급 계약을 갖는 두 단계 공급망에서 부품 생산과 재고 분배의 통합적 구현)

  • Kim, Eun-Gab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.2
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    • pp.45-56
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    • 2012
  • This paper considers a supply chain consisting of a component manufacturer and a product manufacturer. The component manufacturer provides components for the product manufacturer based on a vendor-managed inventory type of supply contract, and also faces demands from the market with the option of to accept or reject each incoming demand. Using the Markov decision process model, we examine the structure of the optimal production control and inventory rationing policy. Two types of heuristics are presented. One is the fixed-buffer policy and the other uses two linear functions. We implement a computational study and present managerial insights based on the observations.

Mobile Traffic Trends (모바일 트래픽 동향)

  • Jahng, J.H.;Park, S.K.
    • Electronics and Telecommunications Trends
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    • v.34 no.3
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    • pp.106-113
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    • 2019
  • Mobile traffic is one of the most important indexes of the growth of the mobile communications market, and it has a close relationship with subscribers' service usage patterns, frequency demand and supply, network management, and information communication policy. The purpose of this paper is to understand mobile data usage in Korea and to suggest the optimal steps for establishing the frequency supply and demand system by researching the traffic trends that reflect the characteristics of radio resources in the mobile communications field. To achieve this goal, attempts were made to increase the possibility of policy use by analyzing and forecasting mobile traffic trends, and to improve the accuracy of the research through the verification of the existing prediction results. The paper ends with a discussion of the necessity of a frequency management system based on data science.