• Title/Summary/Keyword: Dependent Demand

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Optimal installation of electric vehicle charging stations connected with rooftop photovoltaic (PV) systems: a case study

  • Heo, Jae;Chang, Soowon
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.937-944
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    • 2022
  • Electric vehicles (EVs) have been growing to reduce energy consumption and greenhouse gas (GHG) emissions in the transportation sector. The increasing number of EVs requires adequate recharging infrastructure, and at the same time, adopts low- or zero-emission electricity production because the GHG emissions are highly dependent on primary sources of electricity production. Although previous research has studied solar photovoltaic (PV) -integrated EV charging stations, it is challenging to optimize spatial areas between where the charging stations are required and where the renewable energy sources (i.e., solar photovoltaic (PV)) are accessible. Therefore, the primary objective of this research is to support decisions of siting EV charging stations using a spatial data clustering method integrated with Geographic Information System (GIS). This research explores spatial relationships of PV power outputs (i.e., supply) and traffic flow (i.e., demand) and tests a community in the state of Indiana, USA for optimal sitting of EV charging stations. Under the assumption that EV charging stations should be placed where the potential electricity production and traffic flow are high to match supply and demand, this research identified three areas for installing EV charging stations powered by rooftop PV in the study area. The proposed strategies will drive the transition of existing energy infrastructure into decentralized power systems. This research will ultimately contribute to enhancing economic efficiency and environmental sustainability by enabling significant reductions in electricity distribution loss and GHG emissions driven by transportation energy.

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Strengthening Food Security through Food Quality Improvement - Focus on Grain Quality and Self-Sufficiency Rate

  • Meera Kweon
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2022.10a
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    • pp.10-10
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    • 2022
  • The concern about food security is rising as the unstable situation of food supply and demand due to the Covid-19 pandemic, climate change, and turbulent political situation. Korea's global food security index (GFSI), analyzed by the Economist Group, is considered good, but the level continuously decreases in comparing food security levels by country. In particular, Korea is highly dependent on food imports, and food and grain self-sufficiency rates continuously decrease. Therefore, increasing those rates to strengthen food security is urgent. Among the major grains, the self-sufficiency of wheat, com, and soybeans, except rice, is relatively low. Unlike the decrease in the annual rice consumption, the annual wheat consumption has been continuously maintained or increased, which is required public-private efforts to increase the self-sufficiency rate of wheat. Applying the government's policies implemented to increase the self-sufficiency rate of rice in the past will help increase the self-sufficiency rate of wheat. In other words, expanding wheat production and infrastructure, stabilizing supply and demand, and establishing a distribution system can be applied. However, the processing capability of wheat and rice is different, which is necessary to improve wheat quality and processing technology to produce consumer-preferred wheat-based products. The wheat and flour quality can be improved through breeding, cultivation, post-harvest management, and milling. In addition, research on formulation, processes, packaging, and storage to improve the quality of wheat-based products should be done continuously. Overall, food security could be strengthened by expanding wheat production and consumption, improving wheat quality, and increasing wheat self-sufficiency.

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Establishment Model of Entrance and Exit User of Urban Railway Station (도시철도역 출입구 유출입 이용자 추정 모형 수립)

  • Kim, Hwang Bae;Lee, Sang Hwa;Bae, Choon Bong
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.39 no.1
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    • pp.81-91
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    • 2019
  • Although the number of users of urban railways is greatly influenced by the land use plan around the railway station, Korea has been studying this problem in a small scale, so that the entrance width is uniformly calculated irrespective of the land use plan, And there is little deviation. Therefore, this study aims to establish a demand estimation model for the entrance and exit of urban railway stations. For this purpose, the demand, land use area, and socioeconomic indicators for each of the 20 urban railway stations were surveyed at 200m and 500m Regression model. The model is based on the assumption that the dependent variable (response variable) of the model is set to 1 day, peak 1 hour, peak time 5 minutes, Education, and park) and socioeconomic indicators (population, employer, employee, and student) as independent variables (explanatory variables). As a result, it was analyzed that the fit of the model is more statistically significant when the use area of the land use by 500 meters of the center radius of the city rail is used as an independent variable and the demand for the daily use of the railway station is used as a dependent variable. The purpose of this study is to estimate the optimal size of urban railway entrance in order to improve the mobility of the user and the transportation weak in urban railway station.

Sensitivity analysis on the length of credit period for an inventory model with stock dependent consumption rate (재고 종속형 수요를 고려한 재고모형의 신용 거래 기간에 따른 민감도 분석)

  • Shinn, Seong-Whan
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.6
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    • pp.655-660
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    • 2022
  • This paper analyzes the problem of the economic order quantity (lot size) of a retailer in a two-stage supply chain consisting of a supplier, a retailer(distributor), and a customer. In this two-stage supply chain, the supplier permits the retailer to defer payment for a certain fixed period of time for the purchase cost to be paid by the retailer as a price differentiation strategy with his competitor. In addition, in the case of customer goods such as food and grain, it is common to see that end-customer demand is generally depend on the level of inventory displayed by the retailer. From this perspective, this paper analyzes the inventory problem of retailers under the assumption that the supplier may allow a certain period to suspend payments for the purchase of goods and the end customer demand is a function of the retailer's inventory level increasing with size. In this regard, we need to analyze how much the length of the grace period for product purchase costs affect the retailer's lot-sizing policy. Therefore, we formulate the retailer's annual net profit and analyze the effect of the length of credit period on the retailer's inventory policy numerically.

DESIGN OF OPERATOR FOR SEARCHING TRAFFIC DEPENDENT SHORTEST PATH IN A ROAD NETWORK

  • Lee Dong Gyu;Lee Yang Koo;Jung Young Jin;Ryu Keun Ho
    • Proceedings of the KSRS Conference
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    • 2005.10a
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    • pp.759-762
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    • 2005
  • Recently, Intelligent Transportation System(ITS) has been applied to satisfy increasing traffic demand every year and to solve many traffic problems. Especially, Advanced Traveller Information System(ATIS) is a transportation system to optimize the trip of each other vehicle. It is important to provide the driver with quick and comfortable path from source to destination. However, it is difficult to provide a shortest path in a road network with dynamic cost. Because the existing research has a static cost. Therefore, in this paper we propose an operator for searching traffic dependent shortest path. The proposed operator finds the shortest path from source to destination using a current time cost and a difference cost of past time cost. Such a method can be applied to the road status with time. Also, we can expect a predicted arrival time as well as the shortest path from source to destination. It can be applied to efficiently application service as ITS and have the advantages of using the road efficiently, reducing the distribution cost, preparing an emergency quickly, reducing the trip time, and reducing an environmental pollution owing to the saving the fuel.

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Empirical Study on the Forecasting of the Hotel Room Sales (호텔 객실판매 예측에 관한 실증적 연구 - 서울지역 특급호텔을 중심으로 -)

  • Han, Seung-Youb
    • Korean Business Review
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    • v.4
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    • pp.281-295
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    • 1991
  • Nothing is more incorrect than forecasting. Nevertheless, forecasting is one of the most important business activities for the effective management. There has been rapid changes of the growth rate in every respect of the Korean hospitaity industry, especially the hotel industry, before and after the 88 Olympic Games. Therefore, the hoteliers shall be in need of more-than-ever accourate demand forecasting for the more systematic management and control. Under the above circumstances, this study suggested the best forecasting technique and method for the better sales and operations of the hotel rooms. The number of rooms sold is selected as a dependent variable of this study which is regarded as the best representative factor of measuring the growth rate of the rooms division performance of the hotels. The first step was to select the most verifiable independent variable diferently from the other countries or other areas of Korea. As a result, the number of foreign visitors was chosen. Empirical research, i.e. correlation and multiple regression analysis, shows that this independent variable has a strong relationship with the dependent variable told above. The second procedure was to estimate the number of rooms will be sold in 1991 on the basis of the formula calculated through the multiple regression analysis. Time series technique was conducted using the data of the number of foreign visitors by purpose of travel from 1987 to 1990. For the more correct forecasting, however, it would be desirable to adopt the data from 1989 considering the product or the industry life cycle. In addition, deeper analysis for the monthly or seasonal forecasting method is needed as a future research.

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Query-based Visual Attention Algorithm for Object Recognition of A Mobile Robot (이동로봇의 물체인식을 위한 질의 기반 시각 집중 알고리즘)

  • Ryu, Gwang-Geun;Lee, Sang-Hoon;Suh, Il-Hong
    • Journal of the Institute of Electronics Engineers of Korea SC
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    • v.44 no.1
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    • pp.50-58
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    • 2007
  • In this paper, we propose a query-based visual attention algorithm for effective object finding of a vision-based mobile robot. This algorithm is developed by extending conventional bottom-up visual attention algorithms. In our proposed algorithm various conspicuity maps are merged to make a saliency map, where weighting values are determined by query-dependent object properties. The saliency map is then used to find possible attentive location of queried object. To show the validities of our proposed algorithm, several objects are employed to compare performances of our proposed algorithm with those of conventional bottom-up approaches. Here, as one of exemplar query-dependent object property, color property is used.

A Systematic Approach to the Purchase Dependence (구매 종속적 수요에 대한 접근방법의 고찰)

  • Park, Changkyu
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.1
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    • pp.70-78
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    • 2020
  • Under the situation which customer orders are cancelled unless all products in the order are delivered all at once, this paper concentrates on the purchase dependent demands and explores the systematic approach to implant the purchase dependence into the multi-product inventory model. First, by acknowledging that it is a challenging task to formulate a suitable inventory model for the purchase dependence, we derive the optimal solution condition using an EOQ model and extend the optimal solution condition to periodic review models. Then, through the comparison simulation of four inventory policies regarding several degrees of purchase dependence, we demonstrate that the inventory models which consider the purchase dependence generate less total cost than the inventory models which ignore the purchase dependence. In general, the inventory models which consider the purchase dependence reduce the loss of sales by maintaining more inventories, which results in reducing the total cost. Consequently, the simulation result supports the effectiveness of this paper's approach. In addition, this paper uses the individual order period and joint order period obtained from the EOQ model for the multi-product inventory model. Through the in-depth analysis of comparing the two models, we observe that the model of using the joint order period produces less total cost when the degree of purchase dependence is high, but the model of using the individual order period produces less total cost when the degree of purchase dependence is low.

Post Keynesian Endogenous Money Theory and Banking Activity (포스트케인즈학파 내생화폐이론과 은행의 이중기능: 수평주의자와 구조주의자에 대한 새로운 이해)

  • Min, Byoung-Kil
    • 사회경제평론
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    • no.38
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    • pp.199-240
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    • 2012
  • According to the Post Keynesian endogenous money theory, money is created by the bank deposit which is dependent on the banks' supply of loan. And the demand for loans is dependent on investment by firms. In the money creating process, real value(or investment) and money are connected with banks' credit. In this paper, we investigated Keynes and Post Keynesian endogenous money theory with critical reviews of Hwang (2005). We came to three conclusions. First, Post Keynesian endogenous money theory is based on Keynes' theory. Second, Keynes' endogeneity of money is essentially different from that of Wicksellian. Third, focusing on the differences of the starting point of the arguments not on the conclusions, two Post Keynesian views, namely horizontalists and structuralists are compatible with liquidity preference theory in the Keynes' system.

The Impact of COVID-19 on Earnings Management in the Distribution and Service Industries

  • RYU, Haeyoung;CHAE, Soo-Joon
    • Journal of Distribution Science
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    • v.20 no.4
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    • pp.95-100
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    • 2022
  • Purpose: This study aimed to investigate whether distribution and service companies maintained their accounting information quality and provided reliable information despite the economic changes occurring after the outbreak of the COVID-19 pandemic in Korea. The distribution industry has enjoyed increased demand as many companies expanded their untact distribution channels, including to online sales. However, as the pandemic drags on, their future prospects remain uncertain. Research design, data, and methodology: In this study, we define 2018-2019 as the "pre COVID-19 period" and 2020 as the "post COVID-19 period." An empirical analysis was performed using a regression model that includes POST, the independent variable, indicating the post COVID-19 period, and discretionary accruals(DA), a proxy for earnings management, as a dependent variable. Results: The analysis shows that the coefficient of POST is significantly positive (+) for the dependent variable DA. This finding suggests that distribution and service companies engaged in more earnings management during the post COVID-19 period than during the pre COVID-19 period, indicating their awareness of the uncertainty of future business performance as the pandemic persists. An additional analysis confirmed that smaller companies with fewer stakeholders and higher information asymmetry tend to engage more in earnings management than larger companies.