• Title/Summary/Keyword: Demand and Supply

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A Study on Forecasting Demand and Supply of Marine Officer for Korean Ocean-Going Merchant Vessels (외항 상선 해기사 인력 수요 및 공급 예측에 관한 연구)

  • Sang-hoon Shin;Yong-John Shin
    • Journal of Navigation and Port Research
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    • v.48 no.1
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    • pp.7-16
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    • 2024
  • Although the number of ocean-going merchant ships is increasing, the number of Korean marine officers is decreasing. This manpower shortage problem is becoming more serious. This study objectively measured factors determining the demand and supply of ocean-going merchant ship officers and forecasted the exact manpower demand and supply. Demand was predicted by applying the number of ship officers required for each ship size to the number of ships forecasted. The supply was predicted by segmenting by position and age using the Markov model, reflecting increase/decrease factors such as promotion, turnover, retirement, and new entry by year. The demand for ocean-going merchant ship officers will increase from 11,638 in 2023 to 13,879 in 2030 while the supply will decrease from7,006 in 2023 to 6,426 in 2030, with the shortage expected to exceed 10,000 in 2040. This study can be used as a reference to solve the problem of manpower shortage for ocean-going merchant ship officers by improving the accuracy of predictions through objective data, scientific analysis methods, and logical reasoning.

The Effect of the Demand Forecast on the Energy Mix in the National Electricity Supply and Demand Planning (전력수급계획 수립시 수요예측이 전원혼합에 미치는 영향)

  • Kang, Kyoung-Uk;Ko, Bong-Jin;Chung, Bum-Jin
    • Journal of Energy Engineering
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    • v.18 no.2
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    • pp.114-124
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    • 2009
  • The Ministry of Knowledge and Economy (MKE) establishes the Basic Plan for Long-Term Electricity Supply and Demand(BPE) biannually, a governmental plan for the stable electricity supply. This study investigated the effects of the electric demand forecast on the energy mix. A simplified simulation model was developed, which replaces the WASP program developed by the KPX and verified by comparing both results. Three different electric demand scenarios were devised based upon the 2005 electric demand forecast: Proper, 5 % higher, and 5% lower. The simplified model calculates the energy mix for each scenario of the year 2005. Then it calculates the energy mix for the proper electric demand forecast of the year 2007 using the energy mixes of the three scenarios as the initial conditions, so that it reveals the effect of electric demand forecast of the previous BPE on the energy mix of the next BPE. As the proper electric demand forecasts of the year 2005 and 2007 are the same, there is no change in the previous and the next BPEs. However when the electric demand forecasts were 5% higher in the previous BPE and proper in the next BPE, some of the planned power plant construction in the previous BPE had to be canceled. Similarly, when the electric demand forecasts were 5% lower in the previous BPE and proper in the next BPE, power plant construction should be urgently increased to meet the increased electric demand. As expected the LNG power plants were affected as their construction periods are shorter than coal fired or nuclear power plants. This study concludes that the electric demand forecast is very important and that it has the risk of long term energy mix.

Electric Power Demand Prospect Pattern System (전력 수요 예측 패턴 시스템 설계)

  • Yu, seung-hyun;Lee, joung-myung;Park, han-ho;Kwak, nae-joung;Lee, hyun-tae;Jeon, jae-sung
    • Proceedings of the Korea Contents Association Conference
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    • 2008.05a
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    • pp.112-115
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    • 2008
  • Recently, In Korea Electric power Corporation guarantee free using, which separate a class of electric supply with a group of generates electricity and supply, so a market price is decided by demand and supply that take part in a tender. In this treatise predict about demand of power by abstracting a pattern cause it (temperature and economic growth). Also it proposes market price of the best electricity power generation with predicted data that is made database and is showed by Web. The proposed system is increased satisfaction of consumer through smoothness of power supply and demand that rises competitiveness through exactly estimated demand at power supply and demand and supply market will open the future. Moreover consumers can reduce expenses of basic charge. Because they beforehand predict and analyze a mount of power spending with former times so a provider concludes the lowest price and reduction effect of basic charge that needed producing of power.

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The Estimate of Manpower Demand for International Competitive Strategies in Port and Logistics Industry (항만물류산업의 국제경쟁전략에 따른 인력수요예측 연구 - 부산지역을 중심으로 -)

  • Kim, Yeong-Geun
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.55-74
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    • 2005
  • This study focuses on affording a material basis for rearranging the manpower supply system in port and logistics industry for Busan's international competitiveness strategies. First of all, the current state and future plan of port and logistics industry, as Busan's main strategic industry, are reviewed. Then theoretical background are introduced for the estimate of demand. As a methodology of this research, Cubic model is applied to estimate the demand of manpower by using 10 year time series data from 1993 to 2002. This paper also surveyed the supply side of port and logistics industry manpower in Busan area. The amounts of mismatched equilibrium between the demand and the supply are measured in this study. The concluding remarks shows some suggestions for the problem of mismatch and the relating policy planning.

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Managing Inventories of Brand-New and Recovered Products in a Reverse Supply Chain with Downward Demand Substitution (하방 수요 대체가 허용되는 역공급망에서 신제품 및 재생제품 재고 관리)

  • Kim, Eungab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.2
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    • pp.97-109
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    • 2014
  • This paper considers a reverse supply chain with simultaneous recovery of used products and manufacturing of brand-new ones. Recovered products are downgraded and have to be sold in a market different from that of brand-new products at a different price. In case of a shortage of recovered product inventory, a brand-new item, if available, can be offered at the price of a recovered product. In other words, one-way demand substitution is allowed. We address the joint decision of when to manufacture brand-new product, when to recover returned product, and how to control demand substitution to maximize the hybrid production system's profits. To this end, we propose a Markov decision Process model and investigate the structure of the optimal policy. Performance comparison is numerically implemented between the models with and without downward demand substitution option under different operating conditions of the system parameters.

Look-ahead Based Distribution Planning for Capacitated Multi-stage Supply Chains (생산 능력 제한이 존재하는 다단계 공급망을 위한 Look-ahead 기반의 분배계획)

  • Roh, Joo-Suk;Kwon, Ick-Hyun;Kim, Sung-Shick
    • Journal of the Korea Safety Management & Science
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    • v.8 no.5
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    • pp.139-150
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    • 2006
  • The aim of this study is to establish an efficient distribution planning for a capacitated multi-stage supply chain. We assume that the demand information during planning horizon is given a deterministic form using a certain forecasting method. Under such a condition, we present a cost effective heuristic method for minimizing chain-wide supply chain inventory cost that is the sum of holding and backorder costs by using look-ahead technique. We cope with the capacity restriction constraints through look-ahead technique that considers not only the current demand information but also future demand information. To evaluate performance of the proposed heuristic method, we compared it with the extant research that utilizes echelon stock concept, under various supply chain settings.

Supply Function Nash Equilibrium Considering Stochastic Demand Function (확률적 수요함수를 고려한 공급함수의 전략변수 내쉬균형 연구)

  • Lee, Kwang-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.1
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    • pp.20-24
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    • 2008
  • A bid-based pool(BBP) model is representative of energy market structure in a number of restructured electricity markets. Supply function equilibrium(SFE) models of interaction better match what is explicitly required in the bid formats of typical BBP markets. Many of the results in the SFE literature involve restrictive parametrization of the bid cost functions. In the SFE models, two parameters, intercept and slope, are available for strategic bidding. This paper addresses the realistic competition format that players can choose both parameters arbitrarily. In a fixed demand function, equilibrium conditions for generation company's profit maximization have a degree of freedom, which induces multi-equilibrium. So it is hard to choose a convergent equilibrium. However, consideration of stochastic demand function makes the equilibrium conditions independent each other based on the amount of variance of stochastic demand function. This variance provides the bidding players with incentives to change the slope parameter from an equilibrium for a fixed demand function until the slope parameter equilibrium.

Analysis on Supply and Demand Status of Security Manpower - Focusing on Job Classification of Ministry of Employment and Labor - (경호경비 관련인력 수급실태 분석 - 고용노동부의 직업분류를 중심으로 -)

  • Joo, Il-Yeob
    • Korean Security Journal
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    • no.45
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    • pp.191-220
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    • 2015
  • The purpose of this study is to analysis on status and trends of supply & demand and need of job level of security manpower from recognizing need for studies on supply and demand status of security manpower. The results were as follows. First, the shortage percentage of total security manpower was 1.2% ~ 1.6% from the first half of 2009 to the first half of 2015 as the result of analyzing status and trends of supply & demand of security manpower. Second, the need of job level of total security manpower was 785 ~ 2,557 people at the job level 1 from the second half of 2009 from the first half of 2013 as the result of analyzing status and trends of need of job level of security manpower. So, we should have interests such as (1) positivity of security manpower from trends and prediction of supply & demand of manpower, (2) Ensuring professionalism of security manpower considering the job level, (3) training of security manpower utilizing national competency standards(NCS), etc.

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A Study on the DSM Policy and Power Supply in Jeju Island (제주지역 전력공급과 효과적인 수요관리 방안)

  • KIM C.S.;Rhee C.H.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.677-679
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    • 2004
  • Although Jeju is an island, its electricity demand is 430MW. It indicates electricity demand and its growth rate in Jeju are higher than mainland average. The supply of electricity in Jeju consists of power plants within the island and connection of main system using cable line. The cost of supply is higher than mainland system. However the electricity rate and DSM incentives were treated equally with mainland. Therefore, Effective DSM promotion has not been carried out. This paper analyzes the policy alternatives of supply in Jeju and presents effective DSM countermeasures. Also it presents long-term policy on stabilization of supply and demand in Jeju.

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A Study on the Supply and Demand of Technical Manpower in Construction (건설기술인력의 수급효율화 방안 연구)

  • Park Hwan-Pyo;Ji Sang-Wuk;Lee Kyo-Sun;Park Sang-Hoon
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.3 s.11
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    • pp.58-65
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    • 2002
  • University graduates from construction-related departments are undergoing serious difficulties in getting a job as construction companies are reluctant to employ new personnel due to the depression in the construction industry which has been downscaled in both domestic and overseas markets. In the situation is like this, statistics show that the percentage of employment among the university graduates is less than $25\%$, the unemployment problem in the construction sector has started to demand urgent countermeasures. This report anticipated demand and supply for technical man power in the field of construction in between 2002-2008. For preparation of an effectiveness of supply and demand plan on over-supplied in construction technical man power, this suggested expansion of SOC investment, induced into IT field of unemployed construction manpower, enlargement of overseas construction manpower And this considered an elastic operation of curriculum related to construction, and arranged an excess supply and demand of construction technical manpower, which has been considered to education that will meet with demand of enterprise, etc. on both side of quantity and quality simultaneously.