• Title/Summary/Keyword: Expected Demand

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Generator Scheduling Considering System's Reliability and Demand Response (시스템의 신뢰도와 수요 반응을 고려한 발전 운영)

  • Kwag, Hyung-Geun;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.5
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    • pp.929-935
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    • 2011
  • Customers hardly change to electric prices in old days because electricity is essential commodity, while demand changes with price after deregulation. It's explained by price-based demand response with demand-elasticity matrix. Also all of the customers have had identical demand-price elasticity matrix till now. But in a practical power system, various customers are present with taking a variety of demand-price elasticity. Therefore this paper proposes demand-price sensitivity to represent different demand-price elasticity. Also as proposing demand-reliability sensitivity, it is modeling various customers' characteristics to reliability. And then this paper calculates total expected interruption cost of customer from the customer interruption cost and the demand-reliability sensitivity. A total expected interruption cost of system is shown as opportunity cost of a generation cost.

Demand and Supply of Dental Manpower by the Econometrical Model (계량경제모델에 의한 치과의사 이력수급에 관한 연구)

  • 김용란;이승우
    • Journal of Oral Medicine and Pain
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    • v.6 no.1
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    • pp.45-56
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    • 1981
  • The demand and supply of dentists was studied by the econometrical model. It is based on the data of socio-economic-cultural statistic from 1967 to 1977; GNP, average monthly consumption expenditure per household, consumption of milk, populat ion, consumption of energy, water supply per person a day and entrance rate of senior high school. 1.The curved regression equation and multiple correlation coefficient (R)between the number of dentists(Y) and year (x)were $Y=4,122(1.06)^x$,R=0.995. 2. From 1982 to 1985, expected demand and expected supply will be approximately balanced. But dentists will be oversupplied conspicuously from the year of 1986. Such a oversupply will be remarkably incresed to the amount of 1860 in the year of 2000. 3. It is seemed that balanced number of graduates of dental colleges will be about 350 to the year of 1985, from the year of 1986, will be about 450, from the year of 1981, will be about 600 and from the year of 1996, will be about 700. 4. In 2000, persons served by each dentist will be 3550 by the expected supply and 4120 by the expected demand.

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Forecasting Demand of Childcare Teachers using Time Series Analysis (시계열 분석을 통한 보육교사 수급 전망)

  • Lee, Mee Hwa;Park, Jinah;Kang, Eun Jin
    • Korean Journal of Childcare and Education
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    • v.12 no.6
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    • pp.123-137
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    • 2016
  • The purpose of this study was to forecast demand of childcare teachers based ion four different scenarios. In order to, the demand for childcare teachers from 2015 to 2024 were forecasted using time series techniques with data on the number of childcare teachers from 2003 to 2014. Results were as followings. Firstly, the demand for childcare teachers was expected to increase until 2019, but after 2020 steadily decreased in terms of scenario 1(child teacher ratio regulation). According to scenario 2(child teacher ratio based on 17 cities and provinces), the demand for childcare teachers was expected to need 440 teachers more until 2016. Then, according to scenario 3(two teachers each class), Scenario 4-1(one teacher and one staff each 2 toddler class and 3 older class) and scenario 4-2(one teacher and one staff each class), the demand of childcare teachers and staffs were estimated. These results implicated that childcare teachers and staffs supply policy would be established according to forecast demand.

The Determinants of the Expected Demand for Elderly Care by Government in Aged Korea (국가에 의한 노후보장 기대수준 결정요인)

  • Seo, Ji-Won
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.3
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    • pp.59-84
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    • 2009
  • The purpose of this study was to investigate the determinants of policy demand for elderly care in aged Korea. The data from the first wave of KLoSA (Korean Longitudinal Study of Ageing) aged over 45 were used (n=10,165). The major findings were as follows: First, human capital, social capital, and socioeconomic variables influenced on the expected demand for elderly care by government, controlling the expectations of future life and society. Second, the effects of determninants on the expected demand for elderly care by government varied by the level of human capital, social capital, and socioeconomic variables, including ADL and IADL, familial support by children, public transfers, and age. Based on the empirical results, the implications for welfare mix of elderly care were provided.

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A Study on the Factors Affecting Personal User's Acceptance of On-demand Software (개인 사용자의 On-demand Software 수용에 영향을 미치는 요인에 관한 연구)

  • Jun, Byoung-Ho;Lee, Ju-Hyung;Kang, Byung-Goo
    • Journal of Information Technology Services
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    • v.7 no.2
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    • pp.41-57
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    • 2008
  • The development of service-based software and web-based application aims for providing user-demand service. On-demand software is emerging for same reason. Software delivery models like on-demand software is expected to change the software industry as an important technical revolution with the firm's strategy. Few research, however, has been done on the on-demand software. While much research on ASP and SaaS focused on firm' use, this study intends to examine the intention of using on-demand software targeting personal user. The intention to use of on-demand software was empirically examined in terms of quality, user characteristics, usefulness, easy of use, and security. Results shows that usefulness and easy of use are most significantly related to the intention of using on-demand software. Other factors are also found to affect the intention to use of on-demand software. This study contributes to improve the understanding and interest in on-demand software and it is expected to spread widely for individual user.

Strategic Foreign Direct Investment in Developing Countries under Demand Uncertainty: Commitment vs. Flexibility

  • Hyun, Hea-Jung
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.25-66
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    • 2012
  • The paper analyzes the effect of expected future demand on the investment decisions of multinational enterprises. In particular, I explore the issue of the timing of switching between exporting and FDI in the host developing country and explicitly incorporate the firm's attitude toward risk in the model. The model demonstrates that the optimal time for switching to FDI depends on the expected future demand and the degree of its uncertainty.

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Estimation of Regional Agricultural Water Demand over the Jeju Island (제주도 권역별 농업용수 수요량 산정에 대한 고찰)

  • Choi, Kwang-Jun;Song, Sung-Ho;Kim, Jin-Sung;Lim, Chan-Woo
    • Journal of Environmental Science International
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    • v.22 no.5
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    • pp.639-649
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    • 2013
  • Over 96.2% of the agricultural water in Jeju Island is obtained from groundwater and there are quite distinct characteristics of agricultural water demand/supply spatially because of regional and seasonal differences in cropping system and rainfall amount. Land use for cultivating crops is expected to decrease 7.4% (4,215 ha) in 2020 compared to 2010, while market garden including various vegetable crop types having high water demand is increasing over the Island, especially western area having lower rainfall amount compared to southern area. On the other hand, land use for fruit including citrus and mandarin having low water demand is widely distributed over southern and northern part having higher rainfall amount. The agricultural water demand of $1,214{\times}10^3\;m^3/day$ in 2020 is estimated about 1.39 times compared to groundwater supply capacity of $874{\times}10^3\;m^3/day$ in 2010 with 42.4% of eastern, 103.1% of western, 61.9% of southern, and 77.0% of northern region. Moreover, net secured amount of agricultural groundwater would be expected to be much smaller due to regional disparity of water demand/supply, the lack of linkage system between the agricultural water supply facilities, and high percentage of private wells. Therefore, it is necessary to ensure the total net secured amount of agricultural groundwater to overcome the expected regional discrepancy of water demand and supply by establishing policy alternative of regional water supply plan over the Island, including linkage system between wells, water tank enlargement, private wells maintenance and public wells development, and continuous enlargement of rainwater utilization facilities.

The Variation of Industrial Location Demand by Changing Policy of Seoul Metropolitan Area (수도권 정책변화에 따른 산업입지 수요의 변동)

  • Lee, Hyeon-Joo;Kim, Mi-Suk
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.3
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    • pp.286-306
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    • 2011
  • Based on the announcement by the National Competitiveness Council in 2008, this study analyzed the direction of the changing policy in Seoul Metropolitan Area promoted by the current government and to inquire into such the effect, research was done to study the changes in space demand by companies which respond sensitively to changes in regulation in Seoul Metropolitan Area. In addition, the effect of Seoul Metropolitan Area policy on company location is explored while company location changes and changes in direction of space demand due to easing of regulation in Seoul Metropolitan Area by the current government are examined. Research methods utilized empirical analysis and survey analysis. Empirical analysis utilized statistical data since 1980's. For survey analysis, the effect of changing policy in Seoul Metropolitan Area, which is an exogenous shock, on decision making of the enterprise is considered to derive the direction of demand for company manufacturing lots. The results of the study showed that decision for company location or factory size has been affected greatly by Seoul Metropolitan Area policy and domain regulation and institution to restrict permission area of a manufacturing building from the law of improvement plan of the Metropolitan area were the biggest regulatory policies. Due to easing of regulation in Seoul Metropolitan Area by the current government, the demand for manufacturing lot is expected to increase. In particular, the demand for manufacturing lot is expected to increase centered around Seoul Metropolitan Area and Chungcheong province while demand is expected to decrease in Gangwon province. The reason is because company preference is high for the Seoul Metropolitan Area which has the best transportation/logistics and market conditions in Korea. But in the case of Southeast region and Daegyung region that form exclusive economic zones, changing policy in Seoul Metropolitan Area has little impact. In the case of Seoul Metropolitan Area, demand increase does not occur in the entire area but instead, demand is expected to increase in growth management zones.

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Determinants of the Demand for Cash-Value Life Insurance (저축성 보험 보유 및 보유액에 영향을 미치는 요인 분석)

  • Baek Eun-Young;Joung Soon-Hee
    • Journal of Families and Better Life
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    • v.23 no.3 s.75
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    • pp.217-230
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    • 2005
  • The purpose of this study was to examine factors related to the purchase of cash-value life insurance of households. Based on human capital and bequest motive theories of the demand for life insurance, this study developed a conceptual model of the demand for life insurance of households. In addition, in order to capture the beneficiaries' preference and expected lifetime utility, expected future financial needs were included in the conceptual model. Using Heckit analysis, the model was estimated by two stages. The results supported that human capital, bequest motives and expected future financial needs were significant factors on both decision to have insurance and the mont of insurance. Specifically, if the household's head expected to have a higher potential in the future, the household was more likely to have insurance. If a household had dependents, the household was more likely to have insurance. As income or monthly expenditure increased, the probability of haying insurance and the amount of the insurance increased However, savings or social insurance were positively related to the purchase of insurance.

Forecasting of Domestic Beef Demand Using Exponential Smoothing Model (지수평활모형을 이용한 국내 소고기 수요예측)

  • Kim, Woo-Seok;Um, Ji-Bum
    • Korean Journal of Organic Agriculture
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    • v.30 no.2
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    • pp.231-239
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    • 2022
  • The purpose of this study is to provide meaningful information for various stakeholders' decision-making process through forecasting of domestic beef demand. Three different exponential smoothing models were evaluated, and a double exponential smoothing model was used to forecast domestic beef demand based on time-series data, As a result of the forecast, domestic beef consumption is expected to increase by 37,000 to 40,000 tons per year from 2020 to 2025.