• Title/Summary/Keyword: Demand-Supply Model

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Analysis on the Determinants of Hotel Occupancy Rate in Jeju Island (제주지역 호텔이용률에 영향을 미치는 결정요인 분석)

  • Ryu, Kang-Min;Song, Ki-Wook
    • Land and Housing Review
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    • v.9 no.4
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    • pp.10-18
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    • 2018
  • As the volatility increasement of the number of tourist, there was been controversy over supply-demand imbalance in hotel market. The purpose of this study is to analysis on determinants of hotel occupancy rate in Jeju Island. The quantitative method is based on cointegrating regression, using an empirical dataset with hotel from 2000 to 2017. The primary results of research is briefly summarized as follows; First, there are high relationship between total hotel occupancy rate and hotel occupancy of foreign tourist. The volatility of hotel occupancy is caused by foreigner user than local tourists though local tourist high propotion of hotel occupancy in Jeju Island. Second, hotel occupancy of local tourist has not relationship with demand and supply variables. Because some hotel users are not local tourists but local resident, and effects to other variables of hotel consumer trend, accommodation such as Guest house, Airbnb. Third, there are high relationship between foreign hotel occupancy rate and demand-supply variables. These research imply that total management of supply-demand is very important to seek stability of hotel occupancy rate in Jeju Island. Also it can provide a useful solution regarding mismatch problem between supply-demand as well as development the systematic forecasting model for hotel market participants.

A Study on Prediction of Land Use Demand in Seongnam-city Using System Dynamics (시스템 다이내믹스 기법을 활용한 성남시 토지이용수요 예측에 관한 연구)

  • Yi, Mi Sook;Shin, Dong Bin;Kim, Chang Hoon
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.40 no.4
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    • pp.261-273
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    • 2022
  • This study aims to predict the land use demand of Seongnam-city using system dynamics and to simulate the effect of changes in family structure and land use density adjustment policy on land use demand. This study attempted to construct causal loop diagrams and an analysis model. The changes in land use demand over time were predicted through simulation results. As a result of the analysis, as of 2035, an additional supply of 2.08 km2 for residential land and 1.36 km2 for commercial land is required. Additionally, the current supply area of industrial land can meet the demand. Three policy experiments were conducted by changing the variable values in the basic model. In the first policy experiment, it was found that when the number of household members decreased sharply compared to the basic model, up to 7.99 km2 of additional residential land were required. In the second policy experiment, if the apartment floor area ratio was raised from 200% to 300%, it was possible to meet the demand for residential land with the current supply area of Seongnam-city. In the third policy experiment, it was found that even if the average number of floors in the commercial area was raised from four to five and the building-to-land ratio in the commercial area was raised from 80% to 85%, the demand for commercial land exceeded the supply area of the commercial area in Seongnam-city. This study is meaningful in that it proposes a new analytical model for land use demand prediction using system dynamics, and empirically analyzes the model by applying the actual urban planning status and statistics of Seongnam-city.

Study of Peak Load Demand Estimation Methodology by Pearson Correlation Analysis with Macro-economic Indices and Power Generation Considering Power Supply Interruption

  • Song, Jiyoung;Lee, Jaegul;Kim, Taekyun;Yoon, Yongbeum
    • Journal of Electrical Engineering and Technology
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    • v.12 no.4
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    • pp.1427-1434
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    • 2017
  • Since the late 2000s, there has been growing preparation in South Korea for a sudden reunification of South and North Korea. Particularly in the power industry field, thorough preparations for the construction of a power infrastructure after reunification are necessary. The first step is to estimate the peak load demand. In this paper, we suggest a new peak demand estimation methodology by integrating existing correlation analysis methods between economic indicators and power generation quantities with a power supply interruption model in consideration of power consumption patterns. Through this, the potential peak demand and actual peak demand of the Nation, which experiences power supply interruption can be estimated. For case studies on North Korea after reunification, the potential peak demand in 2015 was estimated at 5,189 MW, while the actual peak demand within the same year was recorded as 2,461 MW. The estimated potential peak demand can be utilized as an important factor when planning the construction of power system facilities in preparation for reunification.

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.

Demand-supply of Advanced Practice Nurse (APN) and Alternative Benefit Strategies in the National Health Insurance (전문간호사의 수급 현황과 건강보험 급여화 방안)

  • Kim, Jin-Hyun
    • Perspectives in Nursing Science
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    • v.7 no.1
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    • pp.23-35
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    • 2010
  • Purpose: The purpose of this paper is to analyze the demand and supply of advanced practice nurses and suggest alternative benefit strategies in the Korean national health insurance. Methods: A revised demand & supply model was used to estimate the excess supply of APNs, and policy making process and key actors in the Korean health insurance were considered to develop a political approach to the APN issue. Results: The social demand for APNs is currently estimated to be less than 50% of its supply and the APN education program fell into difficulties in recruits. No reimbursement mechanism for APN's services in the national health insurance has given no economic incentive to hospital managers who have monopsony power in nursing labor market, which has caused the demand shortage of APNs in hospital industry. Payment for APN's services recognized as one of the most significant strategies to booster the social demand for APN's services should be carefully designed and implemented in the national health insurance. In line with this, key actors in health insurance policy decision-making include government, national assembly, labor unions, NGOs, civic groups, medical associations, and academia. Conclusion: The basic researches for APN's activities and cost-effectiveness analysis in clinical settings are required to support the strategies aforementioned. Constructing a policy network among key actors is able to make the payment strategy feasible, which will increase the socal demand for APNs.

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State Transition Model of Demand Response Considering Behavior Patterns of Customer (소비자의 행동 패턴을 고려한 수요반응의 상태 천이 모델)

  • Kwag, Hyung-Geun;Lee, Na-Eun;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.8
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    • pp.1074-1079
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    • 2013
  • Demand response(DR) is potential generation alternative to improve the reliability indices of system and load points. However, when demand resources scheduled in DR market fail to reduce demand, it can create new problems associated with maintaining a reliable supply. In this paper, a reliability model of demand resource is constructed considering customers' behaviors in the same form as conventional generation units, where availability and unavailability are associated with the simple two-state model. As a result, the generalized reliability model of demand resources is represented by multi-state model.

A study on the supply-demand analysis and outlook for wood products (목제품 수급분석 및 전망에 관한 연구)

  • Lee, Sang-Min;Bark, Ji-eun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.6959-6968
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    • 2015
  • This study aims to update the supply-demand model of wood products(FOSMO-2013) and to forecast mid and long run supply and demand for each products. The subjects of the study include sawnwood, plywood, particle board, fiberboard(MDF), and pulp. The updated partial equilibrium model is composed of supply function, import demand function, demand function, price relation function. The long run outlooks of world prices of wood and wood products are imported from the results of Buongiorno(2012). This study also adopt Buongiorno's scenarios, which includes three scenarios of IPCC(A1B, A2, B2) and the other one with assumption of increasing fuelwood consumption of A1B scenario. The result says that the domestic productions of wood products are expecting to decrease while the imports of them increase even there are some differences among the products as well as scenarios.

Water demand forecasting at the DMA level considering sociodemographic and waterworks characteristics (사회인구통계 및 상수도시설 특성을 고려한 소블록 단위 물 수요예측 연구)

  • Saemmul Jin;Dooyong Choi;Kyoungpil Kim;Jayong Koo
    • Journal of Korean Society of Water and Wastewater
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    • v.37 no.6
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    • pp.363-373
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    • 2023
  • Numerous studies have established a correlation between sociodemographic characteristics and water usage, identifying population as a primary independent variable in mid- to long-term demand forecasting. Recent dramatic sociodemographic changes, including urban concentration-rural depopulation, low birth rates-aging population, and the rise in single-person households, are expected to impact water demand and supply patterns. This underscores the necessity for operational and managerial changes in existing water supply systems. While sociodemographic characteristics are regularly surveyed, the conducted surveys use aggregate units that do not align with the actual system. Consequently, many water demand forecasts have been conducted at the administrative district level without adequately considering the water supply system. This study presents an upward water demand forecasting model that accurately reflects real water facilities and consumers. The model comprises three key steps. Firstly, Statistics Korea's SGIS (Statistical Geological Information System) data was reorganized at the DMA level. Secondly, DMAs were classified using the SOM (Self-Organizing Map) algorithm to consider differences in water facilities and consumer characteristics. Lastly, water demand forecasting employed the PCR (Principal Component Regression) method to address multicollinearity and overfitting issues. The performance evaluation of this model was conducted for DMAs classified as rural areas due to the insufficient number of DMAs. The estimation results indicate that the correlation coefficients exceeded 0.9, and the MAPE remained within approximately 10% for the test dataset. This method is expected to be useful for reorganization plans, such as the expansion and contraction of existing facilities.

A Study on Model Development for SW Human Resources Development using Supply Chain Management Model (SCM 모델을 이용한 SW인력양성 모형개발 연구)

  • Lee, Jung-Mann;Om, Ki-Yong;Song, Chan-Hoo;Kim, Kwan-Young
    • Journal of Korea Technology Innovation Society
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    • v.10 no.1
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    • pp.22-46
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    • 2007
  • This article introduces a recent innovation in Korea's human resources development policy in the SW sector. Facing serious problems in cultivating SW engineers such as a mismatch in supply and demand of SW workers, shortage of globally competitive SW professionals, and insufficient education and training of university graduates, the Korean government has decided to adopt a new paradigm in national SW engineering education, based on supply chain management (SCM) in manufacturing. SCM has been a major component of the corporate competitive strategy, enhancing organizational productiveness and responsiveness in a highly competitive environment. It weighs improving competitiveness of the supply chain as a whole via long-term commitment to supply chain relationships and a cooperative, integrated approach to business processes. These characteristics of SCM are believed to provide insight into a more effective IT education and university-industry collaboration. On the basis of the SCM literature, a framework for industry-oriented SW human resources development is designed, and then applied in the case of nurturing computer-software engineers in Korea. This approach is expected to fumish valuable implications not only to Korean policy makers, but also to other countries making similar efforts to enhance the effectiveness and flexibility in human resources development. The construction of SCM-based SW HRD model is first trial to apply SCM into SW HRD field. The model is divided into three kinds of primary activities and two kinds of supportive activities in the field of value chain such as SW HRD Council, SW demand and supply plan establishment and the integration of SW engineering capabilities that contribute the reduction of the skill and job matching through SW HR demand and supply collaboration.

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A Study on the Optimization of Suwon City Bus Route using GWR Model (GWR모델 이용한 수원시 일반버스노선 최적화에 관한 연구)

  • Park, Cheol Gyu;Cho, Seong Kil
    • Journal of Korean Society for Geospatial Information Science
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    • v.22 no.1
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    • pp.41-46
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    • 2014
  • Bus service is easily adjusted to accommodate the changed demand. Despite the flexibility of that, its relocation should overcome the following problems: first, Bus line rearrangement should consider the balance between the demand and the supply to enhance the transit equity among the users scattered around the area that supply against demand imbalances. Second, the existing demand analysed is to crude since the demand was analysed based on TAZ. mainly based on the Dong unit. Utilization of the GWR and GIS-T data can resolve the problem. In this paper, the limitation of the conventional transit demand analysis model is overcome by deploying the GWR model which identifies the transit demand based on the geographic relation between the service location and those of the users. GWR model considers the spatial effect of the bus demand in accordance with the distance to the each bus stops using SCD(Smart Card Data) and BIS(Bus Information System). This demand map was then superimposes with the existing bus route which identified the areas where the balance between demand and supply is severly skewed. since the analysis was computed with SCD and BIS at every bus stops. the shortage and surplus of bus service of entire study area could computed. Further. based on this computational result and considering the entire bus service capacity data. Bus routes optimization from the oversupplied areas to the undersupplied area was illustrated thus this study clearly compared the benefits the GIS.