• Journal of the Korean Society of Systems Engineering
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• v.16 no.1
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• pp.84-97
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• 2020

This paper aims to develop an optimized inventory management method for safety critical Instrument and Control (I&C) components. In this regard, the paper focuses on estimating the consumption rate of I&C components using demand forecasting methods. The target component for this paper is the Foxboro SPEC-200 controller. This component was chosen because it has highest consumption rate among the safety critical I&C components in Korean OPR-1000 NPPs. Three analytical methods were chosen in order to develop the demand forecasting methods; Poisson, Generalized Linear Model (GLM) and Bootstrapping. The results show that the GLM gives better accuracy than the other analytical methods. This is because the GLM considers the maintenance level of the component by discriminating between corrective and preventive.

• Proceedings of the KIEE Conference
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• 2000.07a
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• pp.301-303
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• 2000

This paper presents Kohonen neural network and wavelet transform analysis based technique for industrial peak load forecasting for the purpose of peak demand control. Firstly, one year of historical load data were sorted and clustered into several groups using Kohonen neural network and then wavelet transforms are adopted using the Biorthogonal mother wavelet in order to forecast the peak load of one hour ahead. The 5-level decomposition of the daily industrial load curve is implemented to consider the weather sensitive component of loads effectively. The wavelet coefficients associated with certain frequency and time localization is adjusted using the conventional multiple regression method and the components are reconstructed to predict the final loads through a six-scale synthesis technique.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.64 no.1
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• pp.41-47
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• 2015

In recent years, energy supply cases to take advantage of EMS(Energy Management System) are increasing according to high interest of energy efficiency. The important factor for essential and economical EMS operation is the supply and demand plan the hourly power demand of building load using the hierarchical clustering method of variety statistical techniques, and use the real historical data of target load. Also the estimated results of study are obtained the reliability through separate tests of validity.

• Proceedings of the Korean System Dynamics Society
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• 2006.04a
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• pp.101-122
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• 2006

A series of system dynamics model was developed for forecasting demand and supply of human resource in the electricity industry. To forecast demand of human resource in the electric power industry, BLS (Bureau of Labor Statistics) methodology was used. To forecast supply of human resource in the electric power industry, forecasting on the population of our country and the number of students in the department of electrical engineering were performed. After performing computer simulation with developed system dynamics model, it is discovered that the shortage of human resource in the electric power industry will be 3,000 persons per year from 2006 to 2015, and more than a double of current budget is required to overcome this shortage of human resource.

• Journal of the Korean Data and Information Science Society
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• v.19 no.4
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• pp.1037-1046
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• 2008

Recently, the oil suppliers who supply the tax-exempt oil to the fishery are confronted with big trouble in their supply and demand system due to the unstable global oil prices. We applied the seasonal ARIMA(SARIMA) model to the low-sulfur and high-sulfur crude oil which are in great request and developed forecasting systems for them. Since there are many parameters in SARIMA, it is difficult to estimate the optimal parameters, but it is overcome by using simulation looping program. In conclusion, we found that the obvious seasonality in demand of low-sulfur and these demands are tending downwards gradually.

• Journal of Korean Institute of Industrial Engineers
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• v.13 no.1
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• pp.25-29
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• 1987

When the historical data are available, the diffusion model, which describes the time pattern of the adoption process of a new product or technology or service, has been used as a reasonable predictor in the telecommunication demand forecasting area. This paper shows that the diffusion model is applicable when the historical data are not available. The model used is in the form of a "logistic" function. The parameters of the function are estimated using the questionnaire and the historical data of reference products. From the questionnaire, an initial and an upper limit long run value of the market share are estimated, and the diffusion time to the upper limit value is determined by the relation between the investment and the utility.

• Journal of Korean Society of Transportation
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• v.7 no.2
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• pp.29-43
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• 1989

The purpose of this study is to construct a forecasting model involved in a diverted traffic volume of the 2nd intra-urban expressway in construction presently, in the case of the future prediction of traffic demand for the intra-urban expressway in Pusan. In this study, the model involved in a diverted traffic volume is constructed trustworthy. And the future traffic demand of intra-urban expressway by this model was forecasted 114,005 volume/daily in 1996 and 147,090 volume/daily in 2001. However, it will made a study more and more concretely for practicality and limitation as well as construction of the forecasting model considered an intrinsic problem of an observational error and necessity of survey for much more socio-economic data, the traffic volume on all orad and OD pairs in Pusan.

• Journal of Korean Society of Water and Wastewater
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• v.12 no.4
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• pp.43-52
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• 1998

The purpose of this study is to establish a method of estimating the daily urban water demend using Backpropagation algorithm is part of ANN(Artificial Neural Network). This method will be used for the development of the efficient management and operations of the water supply facilities. The data used were the daily urban water demend, the population and weather conditions such as treperarture, precipitation, relative humidity, etc. Kwangju city was selected for the case study area. We adjusted the weights of ANN that are iterated the training data patterns. We normalized the non-stationary time series data [-1,+1] to fast converge, and choose the input patterns by statistical methods. We separated the training and checking patterns form input date patterns. The performance of ANN is compared with multiple-regression method. We discussed the representation ability the model building process and the applicability of ANN approach for the daily water demand. ANN provided the reasonable results for time series forecasting.

• KDI Journal of Economic Policy
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• v.42 no.4
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• pp.117-138
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• 2020

Few studies have specifically focused on the uncertainty of demand forecasting despite the fact that uncertainty is the one of greatest risks for governments and private partners in PPP projects. This study presents a methodology for finding robust contract conditions considering uncertainty in travel demand forecasting in a PPP project. Through a case study of an urban railway PPP project in Korea, this study uncovered the risk of excessive government payments to private partners due to the uncertainty in contracted forecast ridership levels. The results allow the suggestion that robust contract conditions could reduce the expected total level of government payments and lower user fees while maintaining profitability of the project. This study offers a framework that assists contract negotiators and gives them more information regarding financial risks and vulnerabilities and helps them to quantify the likelihood of these vulnerabilities coming into play during PPP projects.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.19 no.40
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• pp.1-14
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• 1996

We develop a dynamic demand forecasting model compared to regression analysis model and AutoRegressive Integrated Moving Average(ARIMA) model. The dynamic model can apply to the current dynamic data to forecasts through introducing state equation. A multiple regression model and ARIMA model using given data are designed via the model analysis. The forecasting fitness evaluation between the designed models and the dynamic model is compared with the criterion of sum of squared error.