• Title/Summary/Keyword: Demand and Supply

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Estimation of Supply and Demand for Cardiologists in Korea

  • Mira Kim;Kyunghee Chae;Ju Mee Wang;Arum Choi;Jang-Whan Bae;Keon-Woong Moon;Sukil Kim
    • Korean Circulation Journal
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    • v.54 no.1
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    • pp.1-12
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    • 2024
  • Background and Objectives: The objective of this study was to estimate the supply and demand for cardiologists in Korea and provide evidence for healthcare policy to ensure a stable and adequate workforce for optimal cardiovascular disease management. Methods: Past trends of inflow and outflow of cardiologists were used to make crude projections, which were then adjusted based on demands of services to obtain final projections. Inflow of cardiologists was estimated using second-order polynomial regression and demand for cardiology care was estimated using linear regression. Results: There were 1,139 active cardiologists who were under the age of 65 in clinical practice in Korea. The estimated number of cardiologists from 2022 to 2040 showed that the number of cardiologists would peak at 1,344 in 2032 and gradually decrease thereafter. We also estimated an increase of 947,811 cases of heart-related procedures annually from 2023 to 2032. The number of heart-related procedures per cardiologist would increase 1.4 times from 12,964 in 2023 to 17,862 in 2032. The estimated number of emergency patients per cardiologist under 50 years old would almost double from 544 in 2022 to 987 in 2032. Conclusions: We expect significant shortage of cardiologists in Korea within the next 10 years. The number of emergency patients per cardiologist will increase by nearly 50%, leading to high individual workload for cardiologists. To prevent this imbalance between supply and demand, an organized and collective approach by the specialty of cardiology is imperative to produce a balanced workforce.

Development of a Demand Model for Physician Workforce Projection on Regional Inequity Problem in Korea Using System Dynamics (시스템 다이내믹스를 활용한 지역별 국내 의사인력 수요에 대한 추계모델 개발)

  • Lee, Gyeong Min;Yoo, Ki-Bong
    • Health Policy and Management
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    • v.32 no.1
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    • pp.73-93
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    • 2022
  • Background: Appropriate physician workforce projection through reasonable discussions and decisions with a broad view on supply and demand of the workforce, thus, is very important for high-quality healthcare services. The study expects to provide preliminary research data on the workforce diagnosis standard model for Korean physician workforce policy decision through more flexible and objective physician workforce projection in reflection of diverse changes in healthcare policy and sociodemographic environments. Methods: A low flow rate through the causal map was developed, and an objective workforce demand projection from 2019 to 2040 was conducted. In addition, projections by scenarios under various situations were conducted with the low flow rate developed in the study. Lastly, the demand projection of the physician workforce by region of 17 cities and provinces was conducted. Results: First, demand of physicians in 2019 was 110,665, 113,450 in 2020, 129,496 in 2025, 146,837 in 2030, 163,719 in 2035, and 179,288 in 2040. Second, the scenario for the retirement of baby boomers led to a decrease in the growth rate due to time delay. Third, Seoul and Gyeonggi-do account for a high percentage of demand, a very high upward trend was identified in Gyeonggi-do, and as a result, the projection showed that the demand of the physician workforce in Gyeonggi-do would worsen over time. Conclusion: This study is meaningful in that rational and collective physician workforce supply and demand and its imbalance in workforce distribution were verified through various projections by scenarios and regions of Korea with System Dynamics.

Joint Price-Delivery Decision in a Single-Manufacturer-Single Retailer Supply Chain (2단계 공급사슬의 결합적 가격 및 재고 정책의 결정)

  • Kim, Jeong-Gyu;Hong, Yu-Sin;Kim, Tae-Bok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.3-6
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    • 2007
  • In the traditional inventory problem, market parameters such as demand and selling price are exogenous. But incorporating these factors into the model can provide an opportunity for increasing the total profit. So we investigate the joint price-inventory policy in a supply chain consisting of a single retailer and a single manufacturer. Demand at the retailer depends on the retail price. The retailer and the manufacturer cooperate closely each other to maximize overall profit of the supply chain. The mathematical model is presented and the solution procedure is developed in order to jointly determine the optimal policy including the retail price, the production lot sizes, and the delivery frequency from the manufacturer to the retailer.

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The Development of the Distribution/VMI Game Based on Theory of Constraints

  • Zheng, Kai-Wen;Tsai, Chih-Hung;Li, Rong-Kwei;Chen, Ching-Piao;Tsai, Shih-Chieh
    • International Journal of Quality Innovation
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    • v.10 no.1
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    • pp.53-76
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    • 2009
  • As the flourish of today's supply chain, the traditional model of replenishment will cause accumulation of excessive inventory to the retailers and customers, or cause shortages and inability to meet the demands. To solve this problem, Theory of Constraints (TOC) proposed the replenishment model of demand-pull, combined with the establishment of factory-ware-house to achieve performance improvement. In the absence of empirical research, this study applied the Bean Game developed by Dr. Goldratt to design a supply chain system for different scenarios, in order to allow players and managers better understanding and supporting the TOC replenishment method through the operations of the game.

A Study on international comparison of outsourcing trends in thefoodservice Industry (외식산업분야 발전을 위한 아웃소싱의 국제비교연구 -한.영 트랜드를 중심으로-)

  • Kim Ki-Young
    • Culinary science and hospitality research
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    • v.10 no.1
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    • pp.1-13
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    • 2004
  • The problems and the limits of outsourcing strategies are disclosure of the knowhow to someone and rapid confrontation of difficulties by a outsourcing-supply company, limitations of quality control and hold-up of quality. From the result of this study, we found that development of outsourcing strategies will be not vertical relationship between a outsourcing-supply company and a outsourcing-demand company but horizontal relationship (co-sourcing) between those supply and demand company. Especially, core-affairs, control of operating costs and costs reduction must have the precise purpose and carry out capacity and affairs of organization.

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The Problem and Solution Associated with Increasing Number of Ophthalmic Optics Student (안경광학과 입학정원의 증가에 따른 문제점과 해결방안)

  • Kim, Sang-Hyun;Lim, Yongmoo
    • Journal of Korean Ophthalmic Optics Society
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    • v.15 no.1
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    • pp.9-17
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    • 2010
  • Purpose: We have studied the problems associated with increased number of ophthalmic optics students and its effects on the supply and demand of optician. Methods: We collected data from Education Statistics, a white paper of Minister for Health, Welfare and Family Affairs, academyinfo web site and University (College) web site. Results: We forecasted an estimate for supply and demand of optician using the entrance number of ophthalmic optics. Conclusions: The numbers of produced optician are in excessive supply. The excessive supply of optician can contribute towards worsening working conditions and lower job satisfaction of an optician. Therefore this can result infrequent turn over of jobs within the same field and migration into the different field of areas. To solve these problems, we will need to act with the manpower policy of government by gathering the voices of the related optician agencies. Then expansion of job domain, improvement of quality level, the improvement of the working conditions for optician can be accomplished by the unification of university system and reduction of entrance numbers for department of ophthalmic optics.

A Study on the Trend Analysis of the Parking Demands According to the Housing Unit Size at Apartment Complex - Focused on high-rise apartment complexes in Daegu Metropolitan City - (아파트 단지의 세대규모별 주차수요 추세분석에 관한 연구 - 대구광역시 고층분양아파트단지를 중심으로 -)

  • Park Chan-Don
    • Journal of the Korean housing association
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    • v.16 no.1
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    • pp.55-63
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    • 2005
  • The purpose of this study is to find a way of solving on parking problems at apartment complex through the trend analysis research of the parking demands according to the housing unit size. The subjects of this study are high-rise apartment complexes in Daegu city which are constructed within 10 years. The parking demand according to the housing unit size at apartment complexes had been surveyed every July for 4 years from 2000 to 2003. Specially, we knew that the parking demand of $85 m^2$ below sized housing unit at apartment complex was exceeded architectural regulation of parking supply, and the parking demand of $85 m^2$ over sized housing unit at apartment complex was kept within architectural regulation of parking supply. And, the estimating formula that can predict the future parking demand by the trend analysis according to the housing unit size at apartment complexes in Daegu city was gotten through this study. But, in order to get more accurate estimating formula, it should be based on data of funker research and investigation about apartment complexes and it should be studied continuously.

Role of the Korea Steel Industry in the National Economy Analysis (한국 철강산업의 국민경제적 파급효과 분석)

  • Jung, Kun-Oh;Lim, Eung-Soon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.3
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    • pp.831-839
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    • 2008
  • The steel industry is becoming more important around the world and the demand of steel is increasing. Korea is the 5th country of steel producing in the world and the attention in the steel industry is growing. The steel industry is one of the key industry in leading the economic growth in Korea. This study attempts to analyze by time-series the economic impacts of the steel industry using an inter-industry analysis Specifically, the study investigates production-inducing effect, value added inducing effect and employ-inducing effect of the steel industry based on demand-driven model and the study deals with supply shortage effect and sectoral price effect of the steel industry by using supply-driven model and Leontief price model.

Safety Stock Management Framework for Semiconductor Enterprises Under Demand and Lead Time Uncertainties (반도체부품 수요 및 납기 불확실성을 고려한 안전재고 설정 프레임워크)

  • Ho-Sin Hwang;Su-Yeong Kim;Jin-Woo Oh;Se-Jin Jung;In-Beom Park
    • Journal of the Semiconductor & Display Technology
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    • v.22 no.2
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    • pp.104-111
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    • 2023
  • The semiconductor industry, which relies on global supply chains, has recently been facing longer lead time for material procurement due to supply chain uncertainties. Moreover, since increasing customer satisfaction and reducing inventory costs are in a trade-off relationship, it is challenging to determine the appropriate safety stock level under demand and lead time uncertainties. In this paper, we propose a framework for determining safety stock levels by utilizing the optimization method to determine the optimal safety stock level. Additionally, we employ a linear regression method to analyze customer satisfaction scores and inventory costs based on variations in lead time and demand. To verify the effectiveness of the proposed framework, we compared safety stock levels obtained by the regression equations with those of the conventional method. The numerical experiments demonstrated that the proposed method successfully reduces inventory costs while maintaining the same level of customer satisfaction when lead time increases.

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Stochastic Programming for the Optimization of Transportation-Inventory Strategy

  • Deyi, Mou;Xiaoqian, Zhang
    • Industrial Engineering and Management Systems
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    • v.16 no.1
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    • pp.44-51
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    • 2017
  • In today's competitive environment, supply chain management is a major concern for a company. Two of the key issues in supply chain management are transportation and inventory management. To achieve significant savings, companies should integrate these two issues instead of treating them separately. In this paper we develop a framework for modeling stochastic programming in a supply chain that is subject to demand uncertainty. With reasonable assumptions, two stochastic programming models are presented, respectively, including a single-period and a multi-period situations. Our assumptions allow us to capture the stochastic nature of the problem and translate it into a deterministic model. And then, based on the genetic algorithm and stochastic simulation, a solution method is developed to solve the model. Finally, the computational results are provided to demonstrate the effectiveness of our model and algorithm.