• Title/Summary/Keyword: Demand-Supply Model

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A study on the impact analysis of blank sailing in the shipping industry using poisson regression analysis (포아송 회귀분석을 이용한 해운선사의 블랭크 세일링 영향 분석 연구)

  • Won-Hyeong Ryu;Bong-Keun Choi;Jong-Hoon Kim;Shin-Woo Park;Hyung-Sik Nam
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2023.11a
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    • pp.120-121
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    • 2023
  • Recently, there has been a continuous imbalance between the demand and supply in the shipping industry. Consequently, shipping companies are implementing blank sailing to adjust the supply of vessels and achieve a balance between demand and supply. Blank sailing can create negative ripple effects by delaying cargo transportation, so this study uses Poisson regression analysis,

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Efficient Utilization of Water Resources Linking The Estuary Reservoirs in Asan-Dae Ho Area of Korea (아산호(牙山湖)에서 대호호(大湖湖) 연안(沿岸)의 담수호(淡水湖) 연결(連結)에 의한 효율적(效率的)인 수자원(水資源) 이용방안(利用方案))

  • Choi, Han-Kyu;Koo, Bon-Soo;Lee, Seong-Hong
    • Journal of Industrial Technology
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    • v.18
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    • pp.425-430
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    • 1998
  • The Asan Bay area Korea is situated in an unbalance or water supply and demand relating to the Ansung, Sapkyo, Dangjin and Youmwha rivers and their estuary reservoirs. The multi-reservoir operation was studied by the Hierarchical Operation Model for Multi-reservoir System(HOMMS) assuming that these four estuary reservoirs were linked to each other in order. The result of this study shows that storage capacity deficiency in 2011 was estimated as 8 MCM in the Sapkyo and 31 MCMin Dae Ho estuary reservoir, respectively. In case of linking four reservoirs, the water deficiency will not occurs in all the reservoirs even if additional agricultural water of 78 MCM/yr was supplied. Total additional water demand for agricultural, municipal and industrial uses was estimated as 321.9 MCM/yr while additional supply by linking the reservoirs was estimated as 160.4 MCM/yr. 50% of additional demand. The remaining 161.5MCM/yr would be supplied transferring other watershed.

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Water, Energy, and Food Nexus: Preserving Local Resources through Inter-Basin Trade

  • Wicaksono, Albert;Jeong, Gimoon;Kang, Doosun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2018.05a
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    • pp.153-153
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    • 2018
  • Water-Energy-Food (WEF) nexus is a new holistic resources management concept that considers the interconnections among resources for sustainable resources planning and management. The current challenge is to fulfill the required demand in the lack of available resources. A traditional way to provide more available resource is by increase in production, but it caused increment of indirect demand of other interlinked resources. Importing resources from other area (where local supply is redundant) is another option to secure local resources with additional economic expenditure. The WEF nexus-trading model adapts the previously developed nationwide nexus simulation model with additional input parameters and functions to simulate trading scenarios. In general, the analysis starts with the quantification of local resources deficit (potential importing amount) and redundancy (potential exporting amount) of each area. Then, a trade module is initiated by determining possible donor area and importation amount. Finally, the nexus simulation for all area is re-run to determine final resources supply-demand results including the trading amount. The trade option provides an opportunity to meet local demands without draining local resources. However, the production capability of donor area may limit the importation amount. The newly developed trade option allows more alternatives for stakeholders to determine resources management plans.

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Analysis of the effects of information-sharing on supply chain management using simulation (시뮬레이션을 이용한 공급사슬관리에서의 정보공유 방식에 따른 효과분석)

  • Li, Guang-Zhu;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.153-160
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    • 2010
  • In this paper, effects of information sharing in multi-level supply chain management have been studied through simulation. The simulation model consists of a manufacturing company as a center, three suppliers, two logistic centers, and three different retail supply lines of each logistics centers. The mathematical model and the simulation were developed when real-time information sharing occurs and does not occur in supply chain under the assumption that each company applies (s, S) inventory policies. In addition, this paper analyzed the effects of the change of variables related to total costs, which compose of total ordering cost, total transportation cost, total carrying cost and shortage cost that are caused by the change of demand of three different patterns with the way of information sharing.

발전용 천연가스 일일수요 예측 모형 연구-평일수요를 중심으로

  • Jeong, Hui-Yeop;Park, Ho-Jeong
    • Bulletin of the Korea Photovoltaic Society
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    • v.4 no.2
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    • pp.45-53
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    • 2018
  • Natural gas demand for power generation continued to increase until 2013 due to the expansion of large-scale LNG power plants after the black-out of 2011. However, natural gas demand for power generation has decreased sharply due to the increase of nuclear power and coal power generation. But demand for power generation has increased again as energy policies have changed, such as reducing nuclear power and coal power plants, and abnormal high temperatures and cold waves have occurred. If the gas pipeline pressure can be properly maintained by predicting these fluctuations, it can contribute to enhancement of operation efficiency by minimizing the operation time of facilities required for production and supply. In this study, we have developed a regression model with daily power demand and base power generation capacity as explanatory variables considering characteristics by day of week. The model was constructed using data from January 2013 to December 2016, and it was confirmed that the error rate was 4.12% and the error rate in the 90th percentile was below 8.85%.

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An Adaptive Multi-Echelon Inventory Control Model for Nonstationary Demand Process

  • Na, Sung-Soo;Jun, Jin;Kim, Chang-Ouk
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.441-445
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    • 2004
  • In this paper, we deal with an inventory model of a multi-stage, serial supply chain system where a single product type and nonstationary customer demand pattern are considered. The retailer and suppliers place their orders according to an echelon-stock based replenishment control policy. We assume that the suppliers can access online information on the demand history and use this information when making their replenishment decisions. Using a reinforcement learning technique, the inventory control parameters are designed to adaptively change as the customer demand pattern is altered, in order to maintain a given target service level. Through a simulation based experiment, we verified that our approach is good for maintaining the target service level.

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A Qualitative Analysis on the Success Factors in Technology Transfer of Korean Government Sponsored Research Institutes (공공연구기관의 기술이전 유형별 성공요인 사례연구)

  • Yoon, Ki-dong;Kim, Byung-keun
    • Journal of Korea Technology Innovation Society
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    • v.21 no.2
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    • pp.491-521
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    • 2018
  • This paper aims to uncover success factors in technology transfer of Korean government sponsored research institutes. It presents an analytical framework of technology transfer integrating factors concerning actors, object and process. Qualitative analysis mainly based on In-depth interviews is designed and conducted to examine characteristics, similarities and differences of three types technology transfer including a supply-push model, a demand-pull model, and an interactive model. Empirical results show that capabilities and experiences of researchers, capabilities and willingness of the company and active communications in the technology transfer appear to be important factors. In particular, it was found that technology transfer was led by TLO in the demand-pull model. In addition, the demand-pull and interactive approaches tends to be more effective in the technology development and transfer process compared to the supply-push model. In other words, market-oriented R&D is needed instead of technology-driven R&D. This paper also pointed out that one of the major factors in successful technology transfer is the enhancement of TLO capacity, and the improvement of recognition about TLO.

The Effects of Inter-Organizational Relationship Characteristics on Supply Chain Agility: From the Supplier Perspective (조직간 관계특성이 공급사슬 민첩성에 미치는 영향에 관한 연구: 공급업체 관점으로)

  • Chang, Hwal-Sik;Kim, Chae-Jeong
    • The Journal of Information Systems
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    • v.21 no.3
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    • pp.187-214
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    • 2012
  • Supply chain management(SCM) helps firms in integrating their business by collaborating with other value chain partners to meet the unpredictable demand of the end user. Agility is the fundamental characteristic of a supply chain needed for survival in turbulent and volatile markets, which are becoming norms as product life cycles shorten and environmental forces create additional uncertainty resulting in higher risk in the supply chain management. Literature reviews reveals various factors that could affect the agility. The objective of this study is to derive interdependence, partnership, quality of information, joint problem solving, modelize the mutual influential relationship between them, and look into the influential relationship influencing the agility. To test the proposed model, we used a data set generated from survey. Date analysis was conducted using 122 respondents. We used structural equation model (SEM) implemented in partial least square(PLS). The results of this study can be summarized as follows. Interdependence had a significant impact on partnership. Partnership had a significant impact on quality of information and joint problem solving. Quality of information had a significant impact on joint problem solving. Quality of information and joint problem solving had a significant impact on agility. This study diagnoses that Inter-organizational relationship characteristics are important for supply chain agility. Inter-organizational relationship characteristics are considered as an essential factor for supply chain agility.

Policy evaluation of the rice market isolation system and production adjustment system

  • Dae Young Kwak;Sukho Han
    • Korean Journal of Agricultural Science
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    • v.50 no.4
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    • pp.629-643
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    • 2023
  • The purpose of this study was to examine the effectiveness and efficiency of a policy by comparing and analyzing the impact of the rice market isolation system and production adjustment system (strategic crops direct payment system that induces the cultivation of other crops instead of rice) on rice supply, rice price, and government's financial expenditure. To achieve this purpose, a rice supply and demand forecasting and policy simulation model was developed in this study using a partial equilibrium model limited to a single item (rice), a dynamic equation model system, and a structural equation system that reflects the casual relationship between variables with economic theory. The rice policy analysis model used a recursive model and not a simultaneous equation model. The policy is distinct from that of previous studies, in which changes in government's policy affected the price of rice during harvest and the lean season before the next harvest, and price changes affected the supply and demand of rice according to the modeling, that is, a more specific policy effect analysis. The analysis showed that the market isolation system increased government's financial expenditure compared to the production adjustment system, suggesting low policy financial efficiency, low policy effectiveness on target, and increased harvest price. In particular, the market isolation system temporarily increased the price during harvest season but decreased the price during the lean season due to an increase in ending stock caused by increased production and government stock. Therefore, a decrease in price during the lean season may decrease annual farm-gate prices, and the reverse seasonal amplitude is expected to intensify.

An Integrated Mathematical Model for Supplier Selection

  • Asghari, Mohammad
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.29-42
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    • 2014
  • Extensive research has been conducted on supplier evaluation and selection as a strategic and crucial component of supply chain management in recent years. However, few articles in the previous literature have been dedicated to the use of fuzzy inference systems as an aid in decision-making. Therefore, this essay attempts to demonstrate the application of this method in evaluating suppliers, based on a comprehensive framework of qualitative and quantitative factors besides the effect of gradual coverage distance. The purpose of this study is to investigate the applicability of the numerous measures and metrics in a multi-objective optimization problem of the supply chain network design with the aim of managing the allocation of orders by coordinating the production lines to satisfy customers' demand. This work presents a dynamic non-linear programming model that examines the important aspects of the strategic planning of the manufacturing in supply chain. The effectiveness of the configured network is illustrated using a sample, following which an exact method is used to solve this multi-objective problem and confirm the validity of the model, and finally the results will be discussed and analyzed.