• Title/Summary/Keyword: Demand factor

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Locational Preferences for Regional Distribution Center : Focused on Asian Hub Airports (지역거점물류센터 입지선정에 관한 연구 : 아시아 지역 허브 공항을 중심으로)

  • Song, Jae-Gil;Bhang, Wan Hyuk;Song, Sang Hwa
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.2
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    • pp.103-112
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    • 2016
  • As supply chains are globalized, multinational companies are trying to optimize distribution networks using a hub and spoke structure. In this hub and spoke network structure, multinational companies locate regional distribution centers at hub airports, which serve demands in their corresponding regions. Especially when customers put higher priority on the service lead-time, hinterlands of international hub airports become ideal candidate locations for the regional hub distribution centers. By utilizing excellent airport and logistics services from hub airports, regional distribution centers in the hub airports can match supply with demand efficiently. In addition, regional hub distribution centers may increase air cargo volume of each airport, which is helpful in the current extremely competitive airport industry. In this paper, we classified locational preferences into three primary categories including demand, service and risk and applied the analytic hierarchy process methodology to prioritize factors of locational preferences. Primary preference factors include secondary factors. Demand factor contains access to current and prospect markets. Service factor comprises airport and logistics perspectives. Service factor in terms of airport operations includes secondary factors such as airport service and connectivity. Service factor in terms of logistics operations contains infrastructure and logistics operations efficiency. Risk factor consists of country and business risks. We also evaluated competitiveness of Asian hub airports in terms of candidate location for regional hub distribution centers. The candidate hub airports include Singapore, Hong Kong, Shanghai, Narita and Incheon. Based on the analytic hierarchy process analysis, we derived strategic implications for hub airports to attract multinational companies' regional hub distribution centers.

Load Factor Decrease In The Seoul Metro Circle Line through Analyzing Passenger OD Demand (2호선 혼잡구간 OD수요 분리유도를 통한 혼잡도 개선 방안 (교통카드 빅데이터 분석을 중심으로))

  • Eom, Jin Ki;Song, Ji-Young;Lee, Kwang-Sub
    • Journal of the Korean Society for Railway
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    • v.17 no.6
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    • pp.457-465
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    • 2014
  • This study proposes a policy for urban railway travel demand management system in order to decrease the load factor of the Seoul metro Circle line, particularly for the segment between Sadang and Samsung stations, through analyzing the transit smart card data. We propose mixed train operations of the existing Circle line and a line that goes toward Samsung station in order to transport passengers that have two distinct groups: those with the destination of Samsung station and those with destinations after Samsung station. The introduction of a mixed train operation that encourages passengers passing through Samsung station to take a Circle line train will decrease the congested load factor by 11.3% during the morning peak hours using the mixed train operation of the Circle and Samsung lines. This policy could be an effective method to decrease the load factor and improve the comfort of rail passengers without extra investment in the railway facilities.

Low-Income Households' Financial Problems and Demand for Financial Counseling (저소득층가계의 재무문제와 재무상담 수요에 관한 연구)

  • Kim, Sung-Sook
    • Journal of Family Resource Management and Policy Review
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    • v.15 no.2
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    • pp.147-171
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    • 2011
  • The purpose of this study was to examine low-income households' financial problems and the demand for financial counseling. For these purposes, a survey of 500 low-income households was conducted by an on-line survey company. The results were as follows. First, four types of low-income households classified by income and job criteria were: the not-working poorest (16.2%), the working poor (27.0%), the not-working low-income (13.8%), and the working low-income (43.4%). Also, seven areas of financial problems were found through factor analysis. They included difficulty of survival, insufficient funds for special expenditures, defaults on financial obligation, decrease of income, increase of debts, emotional anguish, and difficulty in meeting living expenditures. 61.6% of respondents requested financial counseling, and 44.5% of them preferred internet counseling to counseling by phone or in-person, while 49.5% desired access to public counseling organizations. The five types of financial counseling content for low-income households that were found through factor analysis were financial planning, credit management, asset management/investment, public support, and use of credit cards. The low-income householders demanded financial planning counseling and pubic support counseling more than the other types of financial counseling. Logistic regression analysis revealed that the demand for financial counseling participation was significantly influenced by age and income. The demand for financial counseling content was age, income, and types of financial problems. Therefore, general financial counseling programs for low-income households should be expanded. Furthermore, those counseling programs can be useful if they not only include credit management but also financial planning, economic support information and savings.

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Comparative Evaluation of Formulas of Strength Reduction Factors for the Generation of an Inelastic Demand Spectrum (비탄성요구스펙트럼의 작성을 위한 강도감소계수 공식의 비교 평가)

  • Cho, Sung-Gook;Park, Woong-Ki;Joe, Yang-Hee
    • Journal of the Earthquake Engineering Society of Korea
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    • v.15 no.6
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    • pp.33-44
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    • 2011
  • The shape of an inelastic demand spectrum may have a major impact on the seismic evaluation results of a structure. The inelastic demand spectrum could be obtained by scaling down from the elastic response spectrum by applying the strength reduction factor (SRF). This study has investigated formulas for SRFs that were suggested by numerous previous studies. This paper compares their characteristics, including the shapes of the curves of the SRFs and the inelastic demand spectra that were produced by applying the various formulas for SRFs. The mean curve was computed from the SRF curves generated by the various formulas. This study derives a new formula for the SRF curve through regression analysis. From the comparative study, it is shown that the proposed formula for the SRF can generate the mean curve of the inelastic demand spectra which have been previously suggested by others.

A Study on Reliability of Demand Survey for Incumbent Training (재직자교육을 위한 수요조사의 신뢰성 향상에 관한 연구)

  • Kim, Sang-Hyeon;Joe, Jae-Moon;Lee, Sang-Chan
    • Journal of Practical Engineering Education
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    • v.7 no.1
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    • pp.77-80
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    • 2015
  • Vocational training efficiency and participation was intended to try to find a reliable demand survey methods to find ways that can be maximized. The exact demand investigation may be the most important factor that can improve the quality of training. Furthermore, the training is due to inaccurate demand as research shows the result of ineffective training because of low participation. Four methods of demand survey are used in the form of large mail, telephone, electronic and face-to-face. This paper describes the demand survey that has been carried out through the training of human resources in the training business that suits description local industry human resource development (HRD) consortium of Mokpo University country, proposed a method of effective demand survey.

Estimation of Travel Demand Changes Resulted From Railway Investment (철도 투자에 따른 수요변화 추정방안 연구)

  • Eom, Jin-Ki;Moon, Dae-Seop
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.626-637
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    • 2008
  • Although the amount of travel demand is a critical factor in a benefit-cost (B/C) analysis of railway investment, the travel demand changes especially for induced demand have not been considered. Therefore, the basic study of how to estimate travel demand changes after railway investment is worth investigating. This study reviews the methodologies for estimating diverted and induced demand generated after railway investment, and proposes appropriate approaches that will help railway planners to practically apply them in a case study. Further, the research stimulates the needs of consideration of the travel demand changes in the feasibility studies of railway planning.

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Using QFD implementation to decide for design of electronic wave shielding paint characteristics (QFD 전개에 의한 전자파 차단도료 설계 특성 결정 방법 ; S사 사례연구 중심으로)

  • 박재현;강경식;이광배
    • Journal of the Korea Safety Management & Science
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    • v.2 no.4
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    • pp.139-151
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    • 2000
  • Developing a new commercial product, it is need to connect the end users demand of quality to the industrial technology of company. For this reason, this study is to build up the users demand for the imminent marketing product of a certain company by Analytic Hierarchy Process, analyze quantitatively users subjective thoughts collected by Group Consensus, calculate the added-value of users demands and verify the consistency of users opinions by consistency-exponential-calculation. The added value obtained by this method is substituted into a user-demand item of Quality Function Deployment. And, the technical characteristic data transferred from the extracted essential factor for developing and manufacturing a new product is substituted into a technical characteristic item of QFD. The faculty of quality is firstly finished by this procedure. But, because the relation a technical characterization with users demand do not be known in new product, Wassermans method was introduced for the correlation users demand with technology and for the processing and marketing of a new product. The all assumption on this thesis was based on the reliable real data of a certain company.

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Yield Management Models for Two Substitutable Products (두 대체품에 대한 수익관리 모형 연구)

  • Kim, Sang-Won
    • Journal of the Korean Operations Research and Management Science Society
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    • v.41 no.2
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    • pp.1-16
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    • 2016
  • Yield management, which originated from the U.S. service industry, uses pricing techniques and information systems to make demand management decisions. Demand uncertainty is an important factor in the area of demand management. A key strategy to reduce the effects of demand uncertainty is substitution. The most generally known type of substitution is inventory-driven substitution, in which consumers substitute an out-of-stock product by buying a similar or other type of product. Another type of substitution is the price-driven substitution, which occurs as a result of price changes. In this research, we consider two market segments that have unique perishable products. We develop yield management optimization models with stochastic demand based on the newsvendor model where inventory-driven and price-driven substitutions are allowed between products in the two market segments. The most significant contribution of this research is that it develops analytical procedures to determine optimal solutions and considers both types of substitution. We also provide detailed theoretical analysis and numerical examples.

Optimal Electric Energy Subscription Policy for Multiple Plants with Uncertain Demand

  • Nilrangsee, Puvarin;Bohez, Erik L.J.
    • Industrial Engineering and Management Systems
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    • v.6 no.2
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    • pp.106-118
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    • 2007
  • This paper present a new optimization model to generate aggregate production planning by considering electric cost. The new Time Of Switching (TOS) electric type is introduced by switching over Time Of Day (TOD) and Time Of Use (TOU) electric types to minimize the electric cost. The fuzzy demand and Dynamic inventory tracking with multiple plant capacity are modeled to cover the uncertain demand of customer. The constraint for minimum hour limitation of plant running per one start up event is introduced to minimize plants idle time. Furthermore; the Optimal Weight Moving Average Factor for customer demand forecasting is introduced by monthly factors to reduce forecasting error. Application is illustrated for multiple cement mill plants. The mathematical model was formulated in spreadsheet format. Then the spreadsheet-solver technique was used as a tool to solve the model. A simulation running on part of the system in a test for six months shows the optimal solution could save 60% of the actual cost.

Composition and Operation of Direct Load Control(DLC) System for use of Demand Side (수용가용 직접부하제어시스템의 구성 및 운영)

  • Park J.C.;Choi M.G.;Lee Y.G.;Kim S.J.;Jeong B.H.;Choe G.H.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.1260-1262
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    • 2004
  • Direct Load Control(DLC) system is a load management program for stablization of electric power supply-demand. It is a series of acts limiting the demand of selected demand side at peak load or other time periods. Recently, power supply-demand instability due to dramatic increase in power usage such as summertime air-conditioning load has brought forecasts of decrease in power supply capability. Therefore heightening the load factor through systematic load management, in other words, Direct Load Control became necessary. By examining the composition and operation of the DLC system, this paper provides conceptional understanding of the DLC system and help in system research.

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