• Title/Summary/Keyword: Demand forecasting

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Forecasting of Inspection Demand for Pressure Vessels in Hydrogen Fuel Cell Electric Vehicle using Bass Diffusion Model (Bass 확산모델을 이용한 수소전기차 내압용기 검사수요 예측)

  • Kim, Ji-Yu;Kim, Eui-Soo
    • Journal of the Korean Institute of Gas
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    • v.25 no.3
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    • pp.16-26
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    • 2021
  • The global warming problem has arose, the supply eco-friendly vehicles such as HFCEVs is increasing around world and Korea is fully supporting subsidies, tax cut to form an initial market for HFCEVs. The key to the safety of HFCEVs is pressure vessels stored hydrogen, and although these pressure vessels must be inspection regularly, the existing inspection stations are insufficient to meet the demand for inspection. Therefore, it is important to establishment of pressure vessels inspection station for safety management of HFCEVs. In this study, it estimates innovation coefficient, imitation coefficient in Bass model by using electric vehicle sales data, and foretasted the supply of HFCEVs by region & the demand for inspection by region using the Bass diffusion model. As a result, the inspection demand for pressure vessels in HFCEVs in 2040 was 690,759 units, and it was confirmed 191 new inspection stations and 1,124 inspectors were needed to prepare for this.

A Study on Artificial Intelligence Model for Forecasting Daily Demand of Tourists Using Domestic Foreign Visitors Immigration Data (국내 외래객 출입국 데이터를 활용한 관광객 일별 수요 예측 인공지능 모델 연구)

  • Kim, Dong-Keon;Kim, Donghee;Jang, Seungwoo;Shyn, Sung Kuk;Kim, Kwangsu
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.35-37
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    • 2021
  • Analyzing and predicting foreign tourists' demand is a crucial research topic in the tourism industry because it profoundly influences establishing and planning tourism policies. Since foreign tourist data is influenced by various external factors, it has a characteristic that there are many subtle changes over time. Therefore, in recent years, research is being conducted to design a prediction model by reflecting various external factors such as economic variables to predict the demand for tourists inbound. However, the regression analysis model and the recurrent neural network model, mainly used for time series prediction, did not show good performance in time series prediction reflecting various variables. Therefore, we design a foreign tourist demand prediction model that complements these limitations using a convolutional neural network. In this paper, we propose a model that predicts foreign tourists' demand by designing a one-dimensional convolutional neural network that reflects foreign tourist data for the past ten years provided by the Korea Tourism Organization and additionally collected external factors as input variables.

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The Development of Travel Demand Nowcasting Model Based on Travelers' Attention: Focusing on Web Search Traffic Information (여행자 관심 기반 스마트 여행 수요 예측 모형 개발: 웹검색 트래픽 정보를 중심으로)

  • Park, Do-Hyung
    • The Journal of Information Systems
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    • v.26 no.3
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    • pp.171-185
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    • 2017
  • Purpose Recently, there has been an increase in attempts to analyze social phenomena, consumption trends, and consumption behavior through a vast amount of customer data such as web search traffic information and social buzz information in various fields such as flu prediction and real estate price prediction. Internet portal service providers such as google and naver are disclosing web search traffic information of online users as services such as google trends and naver trends. Academic and industry are paying attention to research on information search behavior and utilization of online users based on the web search traffic information. Although there are many studies predicting social phenomena, consumption trends, political polls, etc. based on web search traffic information, it is hard to find the research to explain and predict tourism demand and establish tourism policy using it. In this study, we try to use web search traffic information to explain the tourism demand for major cities in Gangwon-do, the representative tourist area in Korea, and to develop a nowcasting model for the demand. Design/methodology/approach In the first step, the literature review on travel demand and web search traffic was conducted in parallel in two directions. In the second stage, we conducted a qualitative research to confirm the information retrieval behavior of the traveler. In the next step, we extracted the representative tourist cities of Gangwon-do and confirmed which keywords were used for the search. In the fourth step, we collected tourist demand data to be used as a dependent variable and collected web search traffic information of each keyword to be used as an independent variable. In the fifth step, we set up a time series benchmark model, and added the web search traffic information to this model to confirm whether the prediction model improved. In the last stage, we analyze the prediction models that are finally selected as optimal and confirm whether the influence of the keywords on the prediction of travel demand. Findings This study has developed a tourism demand forecasting model of Gangwon-do, a representative tourist destination in Korea, by expanding and applying web search traffic information to tourism demand forecasting. We compared the existing time series model with the benchmarking model and confirmed the superiority of the proposed model. In addition, this study also confirms that web search traffic information has a positive correlation with travel demand and precedes it by one or two months, thereby asserting its suitability as a prediction model. Furthermore, by deriving search keywords that have a significant effect on tourism demand forecast for each city, representative characteristics of each region can be selected.

Comparative Evaluation of Diffusion Models using Global Wireline Subscribers (세계 유선인터넷 서비스에 대한 확산모형의 예측력 비교)

  • Min, Yui Joung;Lim, Kwang Sun
    • Journal of Information Technology Applications and Management
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    • v.21 no.4_spc
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    • pp.403-414
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    • 2014
  • Forecasting technology in economic activity is a quite intricate procedure so researchers should grasp the point of the data to use. Diffusion models have been widely used for forecasting market demand and measuring the degree of technology diffusion. However, there is a question that a model, explaining a certain market with goodness of fit, always shows good performance with markets of different conditions. The primary aim of this paper is to explore diffusion models which are frequently used by researchers, and to help readers better understanding on those models. In this study, Logistic, Gompertz and Bass models are used for forecasting Global Wireline Subscribers and the performance of models is measured by Mean Absolute Percentage Error. Logistic model shows better MAPE than the other two. A possible extension of this study may verify which model reflects characteristics of industry better.

Farming Expert System using intelligent (지능을 이용한 농사 전문가 시스템)

  • Hong You-Sik
    • Journal of the Korea Computer Industry Society
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    • v.6 no.2
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    • pp.241-248
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    • 2005
  • Conventional estimating methods forecast the future that it usually using the past statistical numerical value. In order to forecast the farming price, it must need many effort and accuracy knowledge. Therefore, to solve the these problems, this paper to improve forecasting farming price using fuzzy rules and neural network as a preprocessing. Also, we developed an intelligent farming expert system for real time forecasting as a postprocessing about unexpectable conditions. Computer simulation results proved reducing pricing error which proposed farming price expecting system better than conventional demand forecasting system does not using fuzzy rules.

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A Study on Collaborative Demand Planning for Effective Supply Chain Management (SCM 구축을 위한 협업적 수요예측 모형 개발 - 통신장비 제조산업의 협업 수요예측 실제 사례 모형 연구 -)

  • Kwon, Jae-Hyun;Park, Sang-Min;Nam, Ho-Ki
    • IE interfaces
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    • v.17 no.1
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    • pp.84-92
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    • 2004
  • We have discussed the importance of collaborative forecasting and the difficulties that can arise during its implementation. We have also proposed the detail process of collaborative forecasting and the system requirement on each step of the process so that the proposed detail process can be easily applied to real life scenario. Lastly, we have talked about a case study of a telecommunication equipment manufacturer that has implemented the proposed collaborative forecasting process that verify the feasibility of the process.

Forecasting uranium prices: Some empirical results

  • Pedregal, Diego J.
    • Nuclear Engineering and Technology
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    • v.52 no.6
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    • pp.1334-1339
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    • 2020
  • This paper presents an empirical and comprehensive forecasting analysis of the uranium price. Prices are generally difficult to forecast, and the uranium price is not an exception because it is affected by many external factors, apart from imbalances between demand and supply. Therefore, a systematic analysis of multiple forecasting methods and combinations of them along repeated forecast origins is a way of discerning which method is most suitable. Results suggest that i) some sophisticated methods do not improve upon the Naïve's (horizontal) forecast and ii) Unobserved Components methods are the most powerful, although the gain in accuracy is not big. These two facts together imply that uranium prices are undoubtedly subject to many uncertainties.

Industrial load forecasting using the fuzzy clustering and wavelet transform analysis

  • Yu, In-Keun
    • Journal of IKEEE
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    • v.4 no.2 s.7
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    • pp.233-240
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    • 2000
  • This paper presents fuzzy clustering and wavelet transform analysis based technique for the industrial hourly load forecasting fur the purpose of peak demand control. Firstly, one year of historical load data were sorted and clustered into several groups using fuzzy clustering and then wavelet transform is 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 five-scale synthesis technique. The outcome of the study clearly indicates that the proposed composite model of fuzzy clustering and wavelet transform approach can be used as an attractive and effective means for the industrial hourly peak load forecasting.

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Data Center Remote Management Service for Demanding Forecasting and Reduction of Energy U sage (에너지 수요예측 및 절감을 위한 데이터 센터 원격 관리 서비스)

  • Han, Jong-Hoon;Jung, Dae-Kyo;Bae, Kwang-Yong
    • Journal of The Institute of Information and Telecommunication Facilities Engineering
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    • v.9 no.3
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    • pp.107-111
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    • 2010
  • This paper is concerned with data center remote management service for demanding forecasting and reduction of energy usage. More particularly, intelligent server rack, mounted on inside of the data center, collects information about energy usage and temperature per server. Using this information, management platform forecasts energy demand in the future and automatically makes report according green environment raw. By providing the remote management service through remote terminals, users are not tied to a time and place to control device inside the data center. In this way, the data center remote management service enhances operability of the facility.

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Short-term Load Forecasting of Using Data refine for Temperature Characteristics at Jeju Island (온도특성에 대한 데이터 정제를 이용한 제주도의 단기 전력수요 예측)

  • Kim, Ki-Su;Song, Kyung-Bin
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2008.10a
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    • pp.225-228
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    • 2008
  • The electricity supply and demand to be stable to a system link increase of the variance power supply and operation are requested in jeju Island electricity system. A short-term Load forecasting which uses the characteristic of the Load is essential consequently. We use the interrelationship of the electricity Load and change of a summertime temperature and data refining in the paper. We presented a short-term Load forecasting algorithm of jeju Island and used the correlation coefficient to the criteria of the refining. We used each temperature area data to be refined and forecasted a short-term Load to an exponential smoothing method.

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