• Journal of Korean Institute of Industrial Engineers
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• v.3 no.1
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• pp.39-47
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• 1977

Most of the current literature on inventory theory has been devoted to the study of single stage models. A class of inventory problems which is of great interest is the multistage inventory system which involves a series and hierarchical sequence of stations. This study analyzes some aspect of the series type and multi-stage inventory system, using the fixed cycle ordering which bas a modificatory control function in the system equations. The objective of this study is to clarify the dynamic behavior of the system. The author has derived the theoretical formulas of variation of ordering quantity and stock fluctuation of each stage due to power spectral density function. Influence of parameters such as, (1) intensity of autocorrelation of demand sequence ($\lambda$), (2) forecasting exponential smoothing factors of each stage (${\alpha}_1,\;{\alpha}_2,\;{\alpha}_3$) and (3) production control factor of the 3rd stage ($\gamma$), as operators of the system on the variation of ordering quantity and stock fluctuation of the system. is also clarified. As a result of this study, the relations between the variation of ordering quantity, stock fluctuation and the parameters of the system, have been found. The principles and the theorical analysis presented here will be applicable to more complex type of discrete control systems in constructing the specific condition of the system to minimize inventory variances.

• Journal of the Korean Regional Science Association
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• v.15 no.1
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• pp.63-73
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• 1999

It is generally believed that there is a trade-off between economic growth and environmental quality since pollutants are generated in the process of production and consumption of commodities. Several researchers have shown this prevailing belief using the short-term input-output models. The literature, however, shows that there have been few attempts to investigate the relationship using long-term forecasting models. This motivates the current paper. This paper attempts to build a reginal growth model in a partial equilibrium framework taking into consideration the requirements of capital invested for pollutant abatement. Model is largely neoclassical. Labor is assumed to move a region with high utility specified in regional per capita average was income and pollution level while capital is partially mobile to a region with high returns. The regional growth is explored in a phase diagram. The paper shows that there are two stable growth equilibria which a region can converge over time and that the equilibria are distinguished by the initial threshold capital stock that a region holds. If the initial capital stock of a region is over(under) than the threshold size, the region converges to the higher (lower) growth equilibrium over time. Moreover, based on this result an environmental quality enhancing policy is analyzed in the phase diagram. It has revealed that the policy calls for the relocation of growth equilibrium points, specifically speaking, it stimulates an increase in labor stock and a decrease in capital stock. Hence the paper has suggested that the prevailing belief which the environmental policy negatively impacts on a regional economic growth is not always true.

• KIEE International Transactions on Power Engineering
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• v.2A no.3
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• pp.95-101
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• 2002

This paper illustrates a new fuzzy effective load model for probabilistic and fuzzy production cost simulation of the load point of the composite power system. A model for reliability evaluation of a transmission system using the fuzzy set theory is proposed for considering the flexibility or ambiguity of capacity limitation and overload of transmission lines, which are subjective matter characteristics. A conventional probabilistic approach was also used to model the uncertainties related to the objective matters for forced outage rates of generators and transmission lines in the new model. The methodology is formulated in order to consider the flexibility or ambiguity of load forecasting as well as capacity limitation and overload of transmission lines. It is expected that the Fuzzy CMELDC (CoMposite power system Effective Load Duration Curve) proposed in this study will provide some solutions to many problems based on nodal and decentralized operation and control of an electric power systems in a competitive environment in the future. The characteristics of this new model are illustrated by some case studies of a very simple test system.

• International Journal of Railway
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• v.5 no.4
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• pp.139-143
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• 2012

In Korea, almost 700 industrial parks are under operation. Generally, industrial parks consist of national industrial parks and local industrial parks which are managed by a central government and by local governments respectively. The developing countries such as Korea, China and Vietnam etc. have constructed many industrial parks, which result in the change of land use pattern and also affect future trip demands. Therefore, in estimating traffic demands, it is very important to consider the industrial park development. This study aims to improve the methodology in estimating a freight trip generation rate with the data based on a nationwide commodity freight survey. The result showed that it is desirable to apply freight trip generation rate by the industry sector in estimating freight trip generations and using the production area of firm as an indicator. Specially, the reliability of the rates through a survey could be made sure because a sample rate based on firms in industrial parks was over 25% and the response rate was over 67%. The sample rate and response rate are very superior as compared to surveys conducted in many other countries. Because industrial parks have significant effects on forecasting transportation demand in pre-feasibility studies of transport and logistics projects, it is expected that the accuracy of freight trip demands would be improved through the results of this study.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.13-22
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• 2020

This research explores the appropriate rubber pricing model and the consistent empirical evidence. This model has been derived from the utility function and firm profit-maximization model of commodity goods. The finding shows that the period t - 1 affects expected commodity price and expected profit of commodity production. In fact, a change in the world price of rubber in the past period led to a change in the expected price of rubber in the short run which influenced the expected rubber profit. As a result, the past-period free on board price has an entirety effect on expected farm price of rubber given an exchange rate. In addition, the rubber pricing model indicates that the profit of local farmer on rubber plant depends solely on the world price of rubber in the short run in case of Thailand. In an empirical study, it was found that a change in the price of ribbed smoke sheet 3 in Singapore Commodity Exchange significantly and positively determined the fluctuation of rubber price at the farm gate in Thailand which was consistent with the behavior of the Thai farmers. Both prices are also cointegrated in the long run. That is, the result states that the VECM is an appropriated pricing model for forecasting the farm price in Thailand.

• Journal of Fashion Business
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• v.4 no.1
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• pp.87-96
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• 2000

Merchandiser continue to play an important role in the exchange process by providing products for consumption. Merchandisers must still understand customer demands, analyze sale trends, select and present salable products. However, due to the competitive pressures in the apparel industry and the innovations required under QR business systems, the demands placed on merchandisers are changing. The purpose of this study is to present of the direction for fashion merchandising education. The direction for fashion merchandising are education summarized as follows; 1) Merchandising technology is the systematic application of information technology and Telecomunications to planning, developing, and presenting product lines in ways that reflect social and cultural value. Statistic Methods are developed and used to analyze data arising from a wide variety of applications. 2) Merchandising technology is to practise the technical and economic aspects of apparel production. Analysis of specific apparel manufacturing and management issues such as efficient manufacturing methods. 3) Merchandising technology is to forecast fashion trend according to consumer preference. Culture influences what people purchase and how those items are used forecasting fashion trend. 4) Merchandising technology is to practise communication skills used in formal and informal organization including interviews in particular language suited to their own business and professionnal careers. 5) Merchandising technology is to planning merchandise budgets and merchandise assortments based on more diverse forms of information. 6) Merchandising technology is to use techniques related hardware and software. 7) Merchandising technology is to learn participate in internship programs.

• Journal of Korean Society for Quality Management
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• v.49 no.4
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• pp.569-579
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• 2021

Purpose: The purpose of this study is the time series analysis for predicting the yield of crops applicable to each farm using environmental variables measured by smart farms cultivating tomato. In addition, it is intended to confirm the influence of environmental variables using a deep learning model that can be explained to some extent. Methods: A time series analysis was performed to predict production using environmental variables measured at 75 smart farms cultivating tomato in two periods. An LSTM-based encoder-decoder model was used for cases of several farms with similar length. In particular, Dual Attention Mechanism was applied to use environmental variables as exogenous variables and to confirm their influence. Results: As a result of the analysis, Dual Attention LSTM with a window size of 12 weeks showed the best predictive power. It was verified that the environmental variables has a similar effect on prediction through wieghtss extracted from the prediction model, and it was also verified that the previous time point has a greater effect than the time point close to the prediction point. Conclusion: It is expected that it will be possible to attempt various crops as a model that can be explained by supplementing the shortcomings of general deep learning model.

• Journal of the Korean Dietetic Association
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• v.25 no.1
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• pp.44-58
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• 2019

Predicting the number of meals in a foodservice organization is an important decision-making process that is essential for successful food production, such as reducing the amount of residue, preventing menu quality deterioration, and preventing rising costs. Compared to other demand forecasts, the menu of dietary personnel includes diverse menus, and various dietary supplements include a range of side dishes. In addition to the menus, diverse subjects for prediction are very difficult problems. Therefore, the purpose of this study was to establish a method for predicting the number of meals including predictive modeling and considering various factors in addition to menus which are actually used in the field. For this purpose, 63 variables in eight categories such as the daily available number of people for the meals, the number of people in the time series, daily menu details, weekdays or seasons, days before or after holidays, weather and temperature, holidays or year-end, and events were identified as decision variables. An ensemble model using six prediction models was then constructed to predict the number of meals. As a result, the prediction error rate was reduced from 10%~11% to approximately 6~7%, which was expected to reduce the residual amount by approximately 40%.

• Journal of the Korean Society for Aviation and Aeronautics
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• v.31 no.1
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• pp.92-98
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• 2023

This paper used the golf course visitors' data in Jeju region to forecast the growth of inbound air traveler to Jeju. This is because the golf course visitors were proven to bring the highest economic and production inducement effect to the Jeju region. Based on such a data, this paper forecast the short-term growth rate of inbound air traveler using ARIMA to the Jeju until December 2025. According to ARIMA (0,1,0) (0,1,1) model, it was analyzed that the monthly number of golf course visitors to Jeju has been increasing steadily even since COVID-19 pandemic and the number is expected to grow until the end of 2025. Applying the same parameters of ARIMA (0,1,0) (0,1,1) to inbound air travel data, it was found the growth rate of inbound air travelers would be higher than the growth rate of 2019 shortly without moderate variation even though the monthly number of inbound travelers to Jeju had been dropped during COVID-19 pandemic.

• Communications for Statistical Applications and Methods
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• v.29 no.6
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• pp.709-719
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• 2022

Recently, as the importance of environmental protection has emerged, interest in new and renewable energy is also increasing worldwide. In particular, the solar energy sector accounts for the highest production rate among new and renewable energy in Korea due to its infinite resources, easy installation and maintenance, and eco-friendly characteristics such as low noise emission levels and less pollutants during power generation. However, although climate prediction is essential since solar power is affected by weather and climate change, solar radiation, which is closely related to solar power, is not currently forecasted by the Korea Meteorological Administration. Solar radiation prediction can be the basis for establishing a reasonable new and renewable energy operation plan, and it is very important because it can be used not only in solar power but also in other fields such as power consumption prediction. Therefore, this study was conducted for the purpose of improving the accuracy of solar radiation. Solar radiation was predicted by a total of three weather variables, temperature, humidity, and cloudiness, and solar radiation outside the atmosphere, and the results were compared using various models. The CatBoost model was best obtained by fitting and comparing the Boosting series (XGB, CatBoost) and RNN series (Simple RNN, LSTM, GRU) models. In addition, the results were further improved through Time series cross-validation.