• Title/Summary/Keyword: Market Modeling

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Dynamic model and simulation of microturbine generation system for islanding mode operation (마이크로터빈발전시스템 독립운전을 위한 동적 모델링 및 시뮬레이션)

  • Hong, Won-Pyo;Cho, Jea-Hoon
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2009.05a
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    • pp.453-457
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    • 2009
  • Distributed Generation (DG) is predicted to play a important role in electric power system in the near future. insertion of DG system into existing distribution network has great impact on real-time system operation and planning. It is widely accepted that micro turbine generation (MTG) systems are currently attracting lot of attention to meet customers need in the distributed power generation market. In order to investigate the performance of MT generation systems, their efficient modeling is required. This paper presents the modeling and simulation of a MT generation system suitable for isolated operation. The system comprises of a Permanent magnet synchronous generator driven by a MT. A brief description of the overall system is given, and mathematical models for the MT and permanent magnet synchronous generator are presented. Also, the use of power electronics in conditioning the power output of the generating system is demonstrated. Simulation studies with MATLAB/Simulink have been carried out in islanding operation mode of a DG system.

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Thurstonian Modeling for Triangular Method toward Analysis of Rating Data

  • Yu, Si-Nae;Sung, Nae-Kyung
    • Journal of Korean Society for Quality Management
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    • v.27 no.1
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    • pp.101-110
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    • 1999
  • Products are often evaluated on rating scales to measure and quantify their attributes of interest. In case that one wishes to compare multiple rating datasets simultaneously, there must be a standardized scale with which one can discriminate relative differences among corresponding scale means. In this regard, the concept of Thurstonian modeling applied to various discrimination tests including the triangular method has been recently being reconsidered. In this paper we extend previous researches on the triangular method and evaluate the effect of unequal variances and correlated variables upon the probability of correct response using Monte-Carlo simulation. We observed that the probability of correct response depends on dimensionality, variances, and correlation structure of stimulus sets. But it does not depend on the relative orientation in a multidimensional space.

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A novel OCV Hysteresis Modeling for SOC estimation of Lithium Iron Phosphate battery (리튬인산철 배터리를 위한 새로운 히스테리시스 모델링)

  • Nguyen, Thanh Tung;Khan, Abdul Basit;Choi, Woojin
    • Proceedings of the KIPE Conference
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    • 2016.11a
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    • pp.75-76
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    • 2016
  • The relationship of widely used Open circuit Voltage (OCV) versus State of Charge (SOC) is critical for any reliable SOC estimation technique. However, the hysteresis existing in all type of battery which has been come to the market leads this relationship to a complicated one, especially in Lithium Iron Phosphate (LiFePO4) battery. An accurate model for hysteresis phenomenon is essential for a reliable SOC identification. This paper aims to investigate and propose a method for hysteresis modeling. The SOC estimation is done by using Extended Kalman Filter (EKF), the parameter of the battery is modeled by Auto Regressive Exogenous (ARX) and estimated by using Recursive Least Square (RLS) filter to tract each element of the parameter of the model.

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An Exploratory Study on Issues Related to chatGPT and Generative AI through News Big Data Analysis

  • Jee Young Lee
    • International Journal of Advanced Culture Technology
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    • v.11 no.4
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    • pp.378-384
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    • 2023
  • In this study, we explore social awareness, interest, and acceptance of generative AI, including chatGPT, which has revolutionized web search, 30 years after web search was released. For this purpose, we performed a machine learning-based topic modeling analysis based on Korean news big data collected from November 30, 2022, when chatGPT was released, to August 31, 2023. As a result of our research, we have identified seven topics related to chatGPT and generative AI; (1)growth of the high-performance hardware market, (2)service contents using generative AI, (3)technology development competition, (4)human resource development, (5)instructions for use, (6)revitalizing the domestic ecosystem, (7)expectations and concerns. We also explored monthly frequency changes in topics to explore social interest related to chatGPT and Generative AI. Based on our exploration results, we discussed the high social interest and issues regarding generative AI. We expect that the results of this study can be used as a precursor to research that analyzes and predicts the diffusion of innovation in generative AI.

Analysis of Variables Affecting on Customer Loyalty by Market Segments for the Korean Open Air Market Using Mixture Regression Model (Mixture Regression Model을 이용한 재래시장의 세분집단별 고객충성도에 미치는 영향 변수 분석)

  • Kim, Jong-Kook;Park, Youn-Jae;Park, Ju-Young;Choi, Ja-Young
    • Journal of Distribution Research
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    • v.12 no.4
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    • pp.1-25
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    • 2007
  • The purpose of this study is to provide the strategic implication of the Korean open air market by examining the factors affecting customer loyalty for various market segments as their competitive environment becomes more turbulent. We have undertaken empirical research that uses the methodology of a mixture regression modeling, as a way to ascertain the determinants of customer loyalty toward the Korean open air market, which should form the base of strategy for each segment. We construct a mixture regression model which uses perceived the Korean open air market value dimensions as explanatory variables, an income as a covariate variable, and a customer loyalty as a dependent variable. The analysis of results show that customers are statistically divided into four segments: 'Accessibility'(33.7%), 'Price'(29.7%), 'Shopping environment,'(22.0%), and 'Merchandising,'(14.5%) groups. The findings also showed that parameter estimates are different for each group, which indicates that the sensitivity to changes in the Korean traditional market perceived value and the income variable affecting customer loyalty vary among segments.

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Introducing Social Capital to Sustainable Development Modeling: Comments on Three System Dynamics Models (지속가능발전 모델링에 있어서 사회자본의 도입: 세 편의 시스템 다이내믹스 모델에 대한 제언)

  • Kim, Hye-Ihn;Jeon, Dae-Uk
    • Korean System Dynamics Review
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    • v.10 no.3
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    • pp.25-45
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    • 2009
  • The concept of social capital has recently been highlighted in most fields of social science because social capital is believed to be an alternative of market and government failures. However, social capital is of high ambiguity that hinders in conceptualizing and modeling that can differs from the premises, such as whether social capital lies in individual actors or collective substances, or whether social networks are functioning by rationality or emotion. This study therefore tries to examine the concept of social capital and suggest 6 types of it following by the anthropologic concept of 'reciprocity' as well as to provide fruitful discussions on the introduction of social capital variables to System Dynamics modeling of sustainable development. Conclusively, the introduction of social capital to the integration models of environment-economy-society should be based on strongly understanding the social networks, individual identities, and local particularities of the relevant localities in order to enhance the structural validity and applicability of sustainable development models in System Dynamics.

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An Exploratory Study on Customer-oriented Attributes for the Revitalization of Digital Healthcare Service : Using Interpretive Structural Modeling (디지털 헬스케어 서비스 활성화를 위한 고객지향적 속성에 관한 탐색적 연구 : 해석적 구조 모형을 이용하여)

  • Ji, Daebum;Choi, Jeongil;Kim, Yonghee
    • Journal of Information Technology Services
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    • v.17 no.1
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    • pp.105-119
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    • 2018
  • The healthcare business is growing as a global core business because of the phenomenon of global aging, as well as in South Korea, skyrocketing health care costs accordingly, and changing the paradigm from treatment to the prevention-centered medical service. Especially, as the digital healthcare service stands out as a solution, major countries actively promote and support policies at the government level. Thus, this study will present attributes of a market-oriented service that would vitalize the digital healthcare service industry by investigating major attributes of the digital healthcare service. To analyze the relationships of the influences of attributes, this study used Interpretive Structural Modeling. As a result of literature research and ISM, this study can understand the eight basic attributes of the digital healthcare service (network scalability, context awareness, connection among information platforms, cost, trust, security, ease of use, usefulness) and analyze the relationships of the influences among the attributes. In addition, as this study finds some significant differences in Order Winner and Order Qualifier between the experts' group (security) and the users' group (trust, ease of use, usefulness), It provides meaningful implications for revitalization and promotion of digital healthcare service industry.

Changes in air pollutant emissions from road vehicles due to autonomous driving technology: A conceptual modeling approach

  • Hwang, Ha;Song, Chang-Keun
    • Environmental Engineering Research
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    • v.25 no.3
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    • pp.366-373
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    • 2020
  • The autonomous vehicles (AVs) could make a positive or negative impact on reducing mobile emissions. This study investigated the changes of mobile emissions that could be caused by large-scale adoption of AVs. The factors of road capacity increase and speed limit increase impacts were simulated using a conceptual modeling approach that combines a hypothetical speed-emission function and a traffic demand model using a virtual transportation network. The simulation results show that road capacity increase impact is significant in decreasing mobile emissions until the market share of AVs is less than 80%. If the road capacity increases by 100%, the mobile emissions will decrease by about 30%. On the other hand, driving speed limit increase impact is significant in increasing mobile emissions, and the environmentally desirable speed limit was found at around 95 km/h. If the speed limit increases to 140 km/h, the mobile emissions will increase by about 25%. This is because some vehicles begin to bypass the congested routes at high speeds as speed limit increases. Based on the simulation results, it is clear that the vehicle platooning technology implemented at reasonable speed limit is one of the AV technologies that are encouraging from the environmental point of view.

Analysis of BIM Technology Structure and Core Technology Using Patent Co-classification Network Analysis (특허 동시분류 네트워크 분석을 활용한 BIM 기술구조와 핵심기술 분석)

  • Park, Yoo-Na;Lee, Hye-Jin;Lee, Seok-Hyoung;Choi, Hee-Seok
    • Journal of KIBIM
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    • v.10 no.2
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    • pp.1-11
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    • 2020
  • BIM(Building Information Modeling) is a salient technology for influential innovation in the construction industry. The patent network analysis is useful for suggesting the direction of technology development and exploring the research and development field. Therefore, the purpose of this study is to analyze the BIM technology structure and core technologies according to the convergence of BIM technology and market expansion. In this study, social network analysis was conducted by establishing a co-classification IPC network for the United States BIM patent. In particular, the characteristics of the major technical areas in the BIM technology network were identified through centrality analysis. G06F017/00, digital computing or data processing method, is a core technology field in the BIM network. Arrangements, apparatus or systems for transmission of digital information, H04L029/00 is an influential technology across the network. B25J009/00 for program controlled manipulators is an intermediary technology field and G06T019/00, manipulating 3D models or images for computer graphics, is an important field for technological development competitiveness.

An Analysis of Key Elements for FinTech Companies Based on Text Mining: From the User's Review (텍스트 마이닝 기반의 자산관리 핀테크 기업 핵심 요소 분석: 사용자 리뷰를 바탕으로)

  • Son, Aelin;Shin, Wangsoo;Lee, Zoonky
    • The Journal of Information Systems
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    • v.29 no.4
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    • pp.137-151
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    • 2020
  • Purpose Domestic asset management fintech companies are expected to grow by leaps and bounds along with the implementation of the "Data bills." Contrary to the market fever, however, academic research is insufficient. Therefore, we want to analyze user reviews of asset management fintech companies that are expected to grow significantly in the future to derive strengths and complementary points of services that have been provided, and analyze key elements of asset management fintech companies. Design/methodology/approach To analyze large amounts of review text data, this study applied text mining techniques. Bank Salad and Toss, domestic asset management application services, were selected for the study. To get the data, app reviews were crawled in the online app store and preprocessed using natural language processing techniques. Topic Modeling and Aspect-Sentiment Analysis were used as analysis methods. Findings According to the analysis results, this study was able to derive the elements that asset management fintech companies should have. As a result of Topic Modeling, 7 topics were derived from Bank Salad and Toss respectively. As a result, topics related to function and usage and topics on stability and marketing were extracted. Sentiment Analysis showed that users responded positively to function-related topics, but negatively to usage-related topics and stability topics. Through this, we were able to extract the key elements needed for asset management fintech companies.