• Title/Summary/Keyword: Demand and Supply

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An Appropriate Utilization of Agricultural Water Resources of Jeju Island with Climate Change (I) (기후변화와 관련한 제주지역 농업용수의 효율적 활용 방안(I))

  • Song, Sung-Ho;Choi, Kwang-Jun
    • Journal of Soil and Groundwater Environment
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    • v.17 no.2
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    • pp.62-70
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    • 2012
  • Rainfall, on Jeju Island varies regionally in relation to Mt. Halla with higher rainfall within southern area and lower in western area, and its variability is expected to expand according to the climate change scenario. Non-parametric trend analysis for rainfall, using both historic (1971-2010) and simulated (2011-2100) data assuming the A1B emissions scenario, shows regionally increasing trends with time. In perspective of agricultural land use, area for market garden including various crop types with high water demand is increasing over the Island, especially in the western area with lower rainfall compared to southern area. On the other hand, area for fruit including mandarin and kiwi with low water demand is widely distributed over southern and northern part having higher rainfall. These regional disparity of water demand/supply may be more affected by extreme events such as drought and heavy rainfall that has not yet been considered. Therefore, it is necessary to make policies for water resource management considering both demand and supply in different regions with climate change impacts over Jeju Island.

Power Sharing and Cost Optimization of Hybrid Renewable Energy System for Academic Research Building

  • Singh, Anand;Baredar, Prashant
    • Journal of Electrical Engineering and Technology
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    • v.12 no.4
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    • pp.1511-1518
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    • 2017
  • Renewable energy hybrid systems look into the process of choosing the finest arrangement of components and their sizing with suitable operation approach to deliver effective, consistent and cost effective energy source. This paper presents hybrid renewable energy system (HRES) solar photovoltaic, downdraft biomass gasifier, and fuel cell based generation system. HRES electrical power to supply the electrical load demand of academic research building sited in $23^{\circ}12^{\prime}N$ latitude and $77^{\circ}24^{\prime}E$ longitude, India. Fuzzy logic programming discover the most effective capital and replacement value on components of HRES. The cause regarding fuzzy logic rule usage on HOMER pro (Hybrid optimization model for multiple energy resources) software program finds the optimum performance of HRES. HRES is designed as well as simulated to average energy demand 56.52 kWh/day with a peak energy demand 4.4 kW. The results shows the fuel cell and battery bank are the most significant modules of the HRES to meet load demand at late night and early morning hours. The total power generation of HRES is 23,794 kWh/year to the supply of the load demand is 20,631 kWh/year with 0% capacity shortage.

An Analysis of the Impact of Coronavirus Disease (COVID-19) on the Korean Beef Cattle Market and Farm Labor Demand for Korean Beef Cattle (코로나19가 한육우 시장 및 한육우 농가 인력수요에 미치는 영향분석)

  • Kim, In-Seck
    • Korean Journal of Organic Agriculture
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    • v.28 no.2
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    • pp.171-188
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    • 2020
  • The Coronavirus disease (COVID-19), first identified in China in December 2019, has widely spread worldwide and is an ongoing pandemic. It is expected that the ripple effect of COVID-19 on the global economy including the agricultural sector will increase substantially if not properly controlled shortly. This study examines the potential impact of COVID-19 on the Korean beef cattle sector and farm labor demand for Korean beef cattle using a dynamic partial equilibrium model. The agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming pessimistic GDP growth rate (-1.2% in 2020) with no direct supply shocks fell by up to 4.00% and 0.67%, respectively, compared to the baseline which represents the future without COVID-19 outbreak. On the other hand, the agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming both pessimistic GDP growth rate and supply shocks (-12.7% beef imports and + 2.4% feed cost in 2020) increased by up to 12.08% and 1.99%, respectively, compared to the baseline.

A Coordinated Planning Model with Price-Dependent Demand

  • Nagarur, Nagendra N.;Iaprasert, Wipanan
    • Industrial Engineering and Management Systems
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    • v.8 no.1
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    • pp.1-13
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    • 2009
  • This paper presents a coordinated planning model of price-dependent demand for a single-manufacturer and a single-retailer. The demand is assumed to be normally distributed, with its mean being price dependent. The manufacturer and retailer coordinate with each other to jointly and simultaneously determine the retail selling price and the retailer order quantity to maximize the joint expected total profit. This model is then compared to a 'returns' policy model where manufacturer buys back unsold items from the retailers. It is shown that the optimal total profit is higher for coordinated planning model than that for the returns policy model, in which the retail price is set by the retailer. A compensation or profit sharing scheme is then suggested and it is shown that the coordinated model with profit sharing yields a 'win-win' situation. Numerical results are presented to illustrate the profit patterns for both linear and nonlinear demand functions. The coordinated planning model, in addition, has a lower optimal price than for a returns policy model, which would result in higher sales, thus expanding the markets for the whole supply chain.

Sensitivity Analysis for Joint Pricing and Lot-sizing Model with Price Dependent Demand under Day terms Supplier Credit in a Two-stage Supply Chain

  • Shinn, Seong-Whan
    • International Journal of Advanced Culture Technology
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    • v.8 no.2
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    • pp.270-276
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    • 2020
  • In this paper, we analyze the buyer's joint pricing and lot-sizing model in a two-stage supply chain consisting of the supplier, the buyer and the customer. It is assumed that the supplier will permit a certain fixed period for settling the amount the buyer owes to him for the items supplied in order to stimulate the demand for the product. Generally, credit transactions would have a positive effect to the buyer. The availability of credit transactions from the supplier effectively reduces the cost of holding stocks for the buyer and therefore, the buyer has a lot of price options to choose his sales price for a customer in anticipation of increased the customer's demand and, as a result, it will appear to increase the buyer's inventory levels. On the other hand, in the case of decaying products in which their utility decay over time, the decaying rate with time may be expected to reduce inventory levels. In this regard, we need to analyze how much the length of credit period and the decaying rate affect the buyer's pricing and lot-sizing policy. For the analysis, we consider the situation where the customer's demand is represented as a linearly decreasing function of the buyer's sales price. From this perspective, we formulate the buyer's annual net profit and analyze the effect of the length of credit period and decaying rate of the product on the buyer's inventory policy numerically.

A PCS Control Strategy for Hybrid ESS with Function of Emergency Power Supply (비상전원 기능을 갖는 하이브리드 ESS를 위한 PCS 제어전략)

  • Kim, Sang-Jin;Kwon, Min-Ho;Choi, Se-Wan;Paik, Seok-Min;Kim, Mi-Sung
    • The Transactions of the Korean Institute of Power Electronics
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    • v.21 no.4
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    • pp.302-311
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    • 2016
  • This paper proposes a hybrid ESS that integrates an energy storage system (ESS) with an uninterruptible power supply (UPS). The hybrid ESS has a demand management and emergency power supply function while increasing the battery utilization of the UPS, which has just been used in a power failure. In addition to the critical load, the proposed system augments the capacity of emergency generation using an additional load, which has voltage and frequency-dependent characteristics to the grid side. The control algorithm of the AC-DC converter and bidirectional DC-DC converter is proposed for demand management and emergency power supply. Furthermore, seamless and autonomous transfer methods to alleviate the transient during mode transfer are proposed. To validate the proposed control scheme, experimental results from a 5 kW prototype are provided.

An Analysis on the Competitiveness of Japanese Steel Products in Korea: Focus on the Structural Changes of Supply and Demand in Korea Steel Industry

  • Lee, Seoung-Taek
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.1-16
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    • 2021
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan to strengthen the competitive advantage of the Korea Steel industry using a trade-related index. Design/methodology - This study focuses on analyzing comparative advantage based on the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Findings - Korea's steel import from Japan increased due to the domestic supply shortage of HR (Hot Rolled Coil) and Plate, rather than the sharp decline of the domestic steel industry's competitiveness in 2010. However, after the completion of Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage. Additionally, the import of Japanese steel products had decreased significantly from 2009 to 2019. Originality/value - This study attempts to analyze Japanese steel products' competitiveness in trade and the domestic influence of high-quality Japanese steel products. These results are connected to domestic steel supply and demand structure and relations with the Japanese steel industry. After completing Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage, and the import of Japanese steel products has decreased significantly from 2009 to 2019.

Overcapacity of Water Treatment Plants in Korea (국내 정수장 과다시설용량 실태 분석)

  • Lee, Sangeun;Park, Heekyung
    • Journal of Korean Society of Water and Wastewater
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    • v.23 no.1
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    • pp.57-67
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    • 2009
  • Under the supply-oriented policy, efficiency and rationale have not been fully considered in planning of water supply facilities in Korea. As a case, this study shows that large-size systems are suffering from overcapacity problem of water treatment plants, and thus discusses what options should be applied to deal with inefficiency. Water demand of large-size systems has suddenly decreased for the last 10 years while water demand has been often assumed to increase at a regular rate in planning of plants according to excess capacity hypothesis. This inconsistency led to a serious overcapacity. In 2006, total excess capacity of nine large-size systems was more than 1.2 times as large as maximum daily demand of total customers in Seoul. However, their options are expected to stay ex post facto. To prepare the risk of overcapacity, and draw large benefits out of the plants, the authors and other professionals in Korea should further discuss the more adaptive method for prediction of water demand, and systems integration between a large-size system and adjoining systems.

Design and Implementation of a DSP-Based Multi-Channel Power Measurement System

  • Jeon Jeong-Chay;Oh Hun
    • KIEE International Transactions on Power Engineering
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    • v.5A no.3
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    • pp.214-220
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    • 2005
  • In order to improve energy efficiency and solve power disturbances, power components measurement for both the supply and demand side of a power system must be implemented before appropriate action on the power problems can be taken. This paper presents a DSP (Digital Signal Processor)-based multi-channel (voltage 8-channel and current 10-channel) power measurement system that can simultaneously measure and analyze power components for both supply and demand. Voltage 8-channel and current 10-channel measurement is made through voltage and current sensors connected to the developed system, and power components such as reactive power, power factor and harmonics are calculated and measured by the DSP. The measured data are stored in a personal computer (PC) and a commercial program is then used for measurement data analysis and display. After voltage and current measurement accuracy revision using YOKOGAWA 2558, the developed system was tested using a programmable ac power source. The test results showed the accuracy of the developed system to be about 0.3 percent. Also, a simultaneous measurement field test of the developed system was implemented by application to the supply and demand side of the three-phase power system.

Development of Analytical Tools for the Bullwhip Effect Control in Supply Chains : Quantitative Models and Decision Support System (공급사슬에서 채찍효과 관리를 위한 분석도구의 개발 : 정량화 모형과 의사결정지원시스템)

  • Shim, Kyu-Tak;Park, Yang-Byung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.1
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    • pp.117-129
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    • 2009
  • The bullwhip effect is known as the significant factor which causes unnecessary inventory, lost sales or cost increase in supply chains. Therefore, the causes of the bullwhip effect must be examined and removed. In this paper, we develop two analytical tools for the bullwhip effect control in supply chains. First, we develop the quantitative models for computing the bullwhip effect in a three-stage supply chain consisted of a single retailer, a single distributor and a single manufacturer when the fixed-interval replenishment policy is applied at each stage. The quantitative models are developed under the different conditions for the demand forecasting and share of customer demand information. They are validated through the computational experiments. Second, we develop a simulation-based decision support system for the bullwhip effect control in a more diverse dynamic supply chain environment. The system includes a what-if analysis function to examine the effects of varying input parameters such as operating policies and costs on the bullwhip effect.