• Title/Summary/Keyword: System dynamics model

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The Study on the Human Resource Forecasting Model Development for Electric Power Industry (전력산업 인력수급 예측모형 개발 연구)

  • Lee, Yong-Suk;Lee, Geun-Joon;Kwak, Sang-Man
    • Korean System Dynamics Review
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    • v.7 no.1
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    • pp.67-90
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    • 2006
  • A series of system dynamics model was developed for forecasting demand and supply of human resource in the electricity industry. To forecast demand of human resource in the electric power industry, BLS (Bureau of Labor Statistics) methodology was used. To forecast supply of human resource in the electric power industry, forecasting on the population of our country and the number of students in the department of electrical engineering were performed. After performing computer simulation with developed system dynamics model, it is discovered that the shortage of human resource in the electric power industry will be 3,000 persons per year from 2006 to 2015, and more than a double of current budget is required to overcome this shortage of human resource.

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A System Dynamics Model Approach for the Analysis of the Network Effect of the Internet Portal Sites (시스템 다이내믹스 모델을 이용한 인터넷 포털 사이트의 네트워크 효과 분석)

  • Lee, Kang-Bae;Jung, Jae-Un;Lee, Woon-Seek;Joo, Cheol-Min
    • Korean System Dynamics Review
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    • v.9 no.1
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    • pp.73-92
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    • 2008
  • Internet portal sites have served customers for more than a decade in Korea. There have been several such sites have survived, succeeded and led the internet industry. What is the source of their competitiveness? We assumed that the network effect, which can vary dynamically, is an important factor; so we tried to build and analyze a system dynamics model on portal sites that represent their advertising business model. This model includes not only the network effect, but also customer's' expectations of the quality of portal sites, which also varies dynamically. As a result of our research, we can state that the network effect is important to stabilize and increase portal sites' quality, market share, income and cash flow. And we know that investment at a level above that which is merely required is necessary to preserve and stabilize their business.

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System Dynamics Approach for the Forecasting KOSPI (시스템다이내믹스를 활용한 종합 주가지수 예측 모델 연구)

  • Cho, Kang-Rae;Jeong, Kwan-Yong
    • Korean System Dynamics Review
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    • v.8 no.2
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    • pp.175-190
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    • 2007
  • Stock market volatility largely depends on firms' value and growth opportunities. However, with the globalization of world economy, the effect of the synchronization in major countries is gaining its importance. Also, domestically, the business cycle and cash market of the country are additional factors needed to be considered. The main purpose of this research is to attest the application and usefulness of System Dynamics as a general stock market forecasting tool. Throughout this research, System Dynamics suggests a conceptual model for forecasting a KOSPI(Korea Composite Stock Price Index), taking the factors of the composite stock price indexes in traditional researches. In conclusion of this research, System Dynamics was proved to bean appropriate model for forecasting the volatility and direction of a stock market as a whole. With its timely adaptability, System Dynamic overcomes the limit of traditional statistic models.

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A System Dynamics Model for Basic Material Price and Fare Analysis and Forecasting (시스템 시뮬레이션을 통한 원자재 가격 및 운송 운임 모델)

  • Jung, Jae-Heon
    • Korean System Dynamics Review
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    • v.10 no.1
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    • pp.61-76
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    • 2009
  • We try to use system dynamics to forecast the demand/supply and price, also transportation fare for iron ore. Iron ore is very important mineral resource for industrial production. The structure for this system dynamics shows non-linear pattern and we anticipated the system dynamic method will catch this non-linear reality better than the regression analysis. Our model is calibrated and tested for the past 6 year monthly data (2003-2008) and used for next 6 year monthly data(2008-2013) forecasting. The test results show that our system dynamics approach fits the real data with higher accuracy than the regression one. And we have run the simulations for scenarios made by possible future changes in demand or supply and fare related variables. This simulations imply some meaningful price and fare change patterns.

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Vehicle Steering Characteristics Simulation by a Driver Model (운전자 모델을 사용한 차량의 조향특성 시뮬레이션)

  • Lee, J.S.;Baek, W.K.
    • Journal of Power System Engineering
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    • v.7 no.3
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    • pp.61-68
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    • 2003
  • Steering characteristics is an important factor in the evaluation of vehicle quality. To estimate steering characteristics in the vehicle conceptual design stage, vehicle dynamics simulation methods are very efficient. However, it is often difficult to simulate vehicle dynamics for the specific driving scenarios in open-loop driving environment. An efficient driver-in-the-loop vehicle model will be efficient for this job. A good tire model is also very important for the accurate vehicle dynamics simulation. In this research, a driver model is used to simulate vehicle steering dynamics for a 8-dof vehicle model with STI(Systems Technology, Inc.) tire model. For the demonstration of this model, a SUV(sports utility vehicle) and a sedan were simulated.

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A Study on the Development of Performance Audit Model Using the System Dynamics (시스템다이내믹스 기법을 이용한 공공정책 성과감사 모형개발에 관한 연구)

  • Choi, Nam-Hee
    • Korean System Dynamics Review
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    • v.12 no.3
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    • pp.25-46
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    • 2011
  • Recently, performance auditing system of governmen is carried out as most promising framework of government audit. Performance audit by the Board of Audit and Inspection of Korea involves assessing the causes and effects of government policies, programs, and Institutions with the criteria of economy, efficiency, effectiveness. Performance auditing will contribute to strengthening the values of objective assessments of whether public resources are responsibly and effectively managed to achieve intended results. Nevertheless, there seems to be a problems appears in implementation of audit. That is the problems of tendency return to legitimacy audit which is result from the lack of strong approach and methodology. So, this study purpose to developing stronger audit concepts and methods that add to the process and framework of traditional performance auditing system. First, this study evaluates the limitation of current performance auditing system with the perspective of systems thinking. Second, this study analyzes the process and method of current system and develop the conceptual model of the Dynamics Audit System using the system dynamics methodology, which focused on the appropriate auditing process and framework.

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Modeling Daily Streamflow in Wastewater Reused Watersheds Using System Dynamics (시스템 다이내믹스를 이용한 하수재이용 유역의 일유출량 모의)

  • Jeong, Han Seok;Seong, Choung Hyun;Park, Seung Woo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.56 no.6
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    • pp.45-53
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    • 2014
  • This study presents a system dynamics modeling approach to simulate daily streamflow in a watershed including wastewater treatment plant which contributes to irrigation water supply. The conceptual system dynamics model considering the complex and dynamic hydrological processes in the watershed was developed. The model was calibrated and validated each for two years based on observed flow data. Model performances in terms of $E_{NS}$, RSR, PBIAS, and $R^2$ were 0.64, 0.60, -3.6 %, and 0.64 for calibration period, and 0.66, 0.58, -2.6 %, and 0.66 for validation period, respectively, showing an applicability on generating the daily streamflow. System dynamics modeling approach could help better understand the hydrological behavior of the watershed being reused wastewater for agriculture, by providing graphical dynamics of the hydrological processes as well as conventional rainfall-runoff model results.

Application of an Augmented Predator-Prey Model to the Population Dynamics of Roe Deer in Jeju (제주도 노루의 개체수 관리를 위한 확장적 피식-포식모형의 적용에 관한 연구)

  • Jeon, Dae-Uk;Kim, Doa-Hoon
    • Korean System Dynamics Review
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    • v.12 no.2
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    • pp.95-126
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    • 2011
  • This paper aims at developing a System Dynamics model with an augmented predator-prey interaction structure to deal with the population management of roe deer in Jeju, Korea. Although people still regard the creature as one of the important tourist attractions, there has been much debate on the issues of the appropriateness of the population size of roe deers because they have been stigmatized as crop damagers, and roadkill/poaching victims due to their natural habit to move around from the top mountain to the lowland of the island. The model is therefore to incorporate these migrating and grazing behaviors into an augmented Lotka-Volterra model coupling roe deer population in both parts of the island to that of predators and preys of the species. The authors also provide a comprehensive set of dynamic hypotheses and relevant CLD/SFD to understand the population dynamics of roe deer and co-evolving species and perform the steady-state analysis of the proposed equation system to verify the model behavior of the numerical example lastly presented in this paper.

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A System Dynamics View of Safety Management in Small Construction Companies

  • Guo, Brian H.W.;Yiu, Tak Wing;Gonzalez, Vicente A.
    • Journal of Construction Engineering and Project Management
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    • v.5 no.4
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    • pp.1-6
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    • 2015
  • Due to unique characteristics of small construction companies, safety management is comprised of complex problems. This paper aims to better understand the complexity and dynamics of safety management in small construction companies. A system dynamics (SD) model was built in order to capture the causal interdependencies between factors at different system levels (regulation, organization, technical and individual) and their effects on safety outcomes. Various tests were conducted to build confidence in the model's usefulness to understand safety problems facing small companies from a system dynamics view. A number of policies were analyzed by changing the value of parameters. The value of a system dynamics approach to safety management in small construction companies is its ability to address joint effects of multiple safety risk factors on safety performance with a systems thinking perspective. By taking into account feedback loops and non-linear relationships, such a system dynamics model provides insights into the complex causes of relatively poor safety performance of small construction companies and improvement strategies.

Preliminary Molecular Dynamics Simulations of the OSS2 Model for the Solvated Proton in Water

  • Lee, Song Hui
    • Bulletin of the Korean Chemical Society
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    • v.22 no.8
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    • pp.847-849
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    • 2001
  • The OSS2(Ojame-Shavitt-Singer 2)[L. Ojame et al., J. Chem. Phys. 109, 5547 (1998)] model as a dissociable water model is examined in order to study the dynamics of H+ in water. MD simulations for 216 water system, 215 water + H+ ion system, and 215 water + OH- ion system using the OSS2 model at 298.15 K with the use of Ewald summation are carried out. The calculated O-H radial distribution functions for these systems are essentially the same and are in very good agreement with that obtained by Ojame.