• Title/Summary/Keyword: Demand forecasting

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Distribution Planning for a Distributed Multi-echelon Supply Chain under Service Level Constraint (서비스 수준 제약하의 다단계 분배형 공급망에 대한 분배계획)

  • Park, Gi-Tae;Kwon, Ick-Hyun
    • Journal of the Korea Safety Management & Science
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    • v.11 no.3
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    • pp.139-148
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    • 2009
  • In a real-life supply chain environment, demand forecasting is usually represented by probabilistic distributions due to the uncertainty inherent in customer demands. However, the customer demand used for an actual supply chain planning is a single deterministic value for each of periods. In this paper we study the choice of single demand value among of the given customer demand distribution for a period to be used in the supply chain planning. This paper considers distributed multi-echelon supply chain and the objective function of this paper is to minimize the total costs, that is the sum of holding and backorder costs over the distribution network under the service level constraint, by using demand selection scheme. Some useful findings are derived from various simulation-based experiments.

Development of Daily Peak Power Demand Forecasting Algorithm Considering of Characteristics of Day of Week (요일 특성을 고려한 일별 최대 전력 수요예측 알고리즘 개발)

  • Ji, Pyeong-Shik;Lim, Jae-Yoon
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.63 no.4
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    • pp.307-311
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    • 2014
  • Due to the increasing of power consumption, it is difficult to construct accurate prediction model for daily peak power demand. It is very important work to know power demand in next day for manager and control power system. In this research, we develop a daily peak power demand prediction method considering of characteristics of day of week. The proposed method is composed of liner model based on AR model and nonlinear model based on ELM to resolve the limitation of a single model. Using data sets between 2006 and 2010 in Korea, the proposed method has been intensively tested. As the prediction results, we confirm that the proposed method makes it possible to effective estimate daily peak power demand than conventional methods.

Relationship Analysis of Power Consumption Pattern and Environmental Factor for a Consumer's Short-term Demand Forecast (전력소비자의 단기수요예측을 위한 전력소비패턴과 환경요인과의 관계 분석)

  • Ko, Jong-Min;Song, Jae-Ju;Kim, Young-Il;Yang, Il-Kwon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.11
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    • pp.1956-1963
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    • 2010
  • Studies on the development of various energy management programs and real-time bidirectional information infrastructures have been actively conducted to promote the reduction of power demands and CO2 emissions effectively. In the conventional energy management programs, the demand response program that can transition or transfer the power use spontaneously for power prices and other signals has been largely used throughout the inside and outside of the country. For measuring the effect of such demand response program, it is necessary to exactly estimate short-term loads. In this study, the power consumption patterns in both individual and group consumers were analyzed to estimate the exact short-term loads, and the relationship between the actual power consumption and seasonal factors was also analyzed.

Development of Daily Peak Power Demand Forecasting Algorithm using ELM (ELM을 이용한 일별 최대 전력 수요 예측 알고리즘 개발)

  • Ji, Pyeong-Shik;Kim, Sang-Kyu;Lim, Jae-Yoon
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.62 no.4
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    • pp.169-174
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    • 2013
  • Due to the increase of power consumption, it is difficult to construct an accurate prediction model for daily peak power demand. It is very important work to know power demand in next day to manage and control power system. In this research, we develop a daily peak power demand prediction method based on Extreme Learning Machine(ELM) with fast learning procedure. Using data sets between 2006 and 2010 in Korea, the proposed method has been intensively tested. As the prediction results, we confirm that the proposed method makes it possible to effective estimate daily peak power demand than conventional methods.

Forecasting Demand of 5G Internet of things based on Bayesian Regression Model (베이지안 회귀모델을 활용한 5G 사물인터넷 수요 예측)

  • Park, Kyung Jin;Kim, Taehan
    • Journal of Information Technology Applications and Management
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    • v.26 no.2
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    • pp.61-73
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    • 2019
  • In 2019, 5G mobile communication technology will be commercialized. From the viewpoint of technological innovation, 5G service can be applied to other industries or developed further. Therefore, it is important to measure the demand of the Internet of things (IoT) because it is predicted to be commercialized widely in the 5G era and its demand hugely effects on the economic value of 5G industry. In this paper, we applied Bayesian method on regression model to find out the demand of 5G IoT service, wearable service in particular. As a result, we confirmed that the Bayesian regression model is closer to the actual value than the existing regression model. These findings can be utilized for predicting future demand of new industries.

A Study on Methodology for Improving Demand Forecasting Models in the Designated Driver Service Market (대리운전 시장의 지역별 수요 예측 모형의 성능 향상을 위한 방법론 연구)

  • Min-Seop Kim;Ki-Kun Park;Jae-Hyeon Heo;Jae-Eun Kwon;Hye-Rim Bae
    • The Journal of Bigdata
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    • v.8 no.1
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    • pp.23-34
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    • 2023
  • Nowadays, the Designated Driver Services employ dynamic pricing, which adapts in real-time based on nearby driver availability, service user volume, and current weather conditions during the user's request. The uncertain volatility is the main cause of price increases, leading to customer attrition and service refusal from driver. To make a good Designated Driver Services, development of a demand forecasting model is required. In this study, we propose developing a demand forecasting model using data from the Designated Driver Service by considering normal and peak periods, such as rush hour and rush day, as prior knowledge to enhance the model performance. We propose a new methodology called Time-Series with Conditional Probability(TSCP), which combines conditional probability and time-series models to enhance performance. Extensive experiments have been conducted with real Designated Driver Service data, and the result demonstrated that our method outperforms the existing time-series models such as SARIMA, Prophet. Therefore, our study can be considered for decision-making to facilitate proactive response in Designated Driver Services.

Short-term Peak Power Demand Forecasting using Model in Consideration of Weather Variable (기상 변수를 고려한 모델에 의한 단기 최대전력수요예측)

  • 고희석;이충식;최종규;지봉호
    • Journal of the Institute of Convergence Signal Processing
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    • v.2 no.3
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    • pp.73-78
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    • 2001
  • BP neural network model and multiple-regression model were composed for forecasting the special-days load. Special-days load was forecasted using that neural network model made use of pattern conversion ratio and multiple-regression made use of weekday-change ratio. This methods identified the suitable as that special-days load of short and long term was forecasted with the weekly average percentage error of 1∼2[%] in the weekly peak load forecasting model using pattern conversion ratio. But this methods were hard with special-days load forecasting of summertime. therefore it was forecasted with the multiple-regression models. This models were used to the weekday-change ratio, and the temperature-humidity and discomfort-index as explanatory variable. This methods identified the suitable as that compared forecasting result of weekday load with forecasting result of special-days load because months average percentage error was alike. And, the fit of the presented forecast models using statistical tests had been proved. Big difficult problem of peak load forecasting had been solved that because identified the fit of the methods of special-days load forecasting in the paper presented.

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Study on Forecasting Urban Rail Demand Reflecting Transfer Fare Value in a Non-integrated Fare System (독립.환승할인요금체계하의 환승요금가치를 고려한 도시철도 수요추정 연구)

  • Lee, Jong-Hun;Son, Ui-Yeong
    • Journal of Korean Society of Transportation
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    • v.27 no.5
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    • pp.155-162
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    • 2009
  • The recent increase of light rail construction by the private sector in Korea has caused a new issue in forecasting rail demand. Integrated fare systems between several rail operators is convenient and brings cost savings to users, and therefore is also very effective in increasing demand. However, it causes some short-term revenue loss to operators so that the private sector often suggests a non-integrated fare system. The current rail demand forecasting model is based upon an integrated fare system. Thus this model cannot be used to forecast the demand with a non-integrated fare system. Some value of transfer fare should be estimated and applied to forecast the demand in a non-integrated fare system. This study conducted a stated preference (SP) survey on urban railway passengers and estimated the value of transfer fare. The estimated value is 2,609 Won/hr, which is about 52% of in-vehicle time. This shows railway users have a tendency to pay more for transfer fares to save time or distance. This value has some limitations since it is derived from the SP survey. If some non-integrated fare system is applied in the future and a RP survey is conducted and compared with these study results, a more clear value of the transfer fare will be derived.

Impacts of number of O/D zone and Network aggregation level in Transportation Demand Forecast (교통수요예측시 O/D존 및 네트워크 집계수준에 따른 영향 분석)

  • Lim, Yong-Taek;Kang, Min-Gu;Lee, Chang-Hun
    • Journal of Korean Society of Transportation
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    • v.26 no.2
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    • pp.147-156
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    • 2008
  • It has been widely known that there are so many factors making travel demand errors in transportation forecasting steps. One of the reasons may stem from the level of aggregation of zone and network in analysis process. This paper investigates the effect of level of aggregation considering with number of zones in travel demand forecasting by expanding or reducing the zone and network gradually. Numerical results show that the aggregation could not make a significant impact on the travel demand, while disaggregation does. These results imply that a careful manipulation is required to add or to reduce zones and links in transportation planning process.

Improvement of Railway Demand Forecasting Methodology under the Various Transit Fare Systems of Seoul Metropolitan Area (Focused on Mode Share) (수도권 대중교통 요금제의 다양화에 따른 철도 수요예측 방법론의 개선(수단분담을 중심으로))

  • Choe, Gi-Ju;Lee, Gyu-Jin;Ryu, In-Gon
    • Journal of Korean Society of Transportation
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    • v.28 no.2
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    • pp.171-181
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    • 2010
  • The integrated transit fare system of Seoul metropolitan area has given positively evaluated with reduction of user cost and activating the transfer behavior from its opening year, July 2007. However, there were only few research about railway demand forecasting methodology, especially mode share, has conducted under the integrated fare system. This study focuses on the utility estimation by each mode under the integrated fare system, and on the coefficient actualization relates on travel time and travel cost estimation with Household Travel Survey Data 2006. Also the railway demand analysis methodology under various fare systems is presented. The methodology from this study is expected to improve accuracy and usefulness in railway demand analysis.