• Title/Summary/Keyword: final demand

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A Forecast-based Inventory Control Policy for an Item with Non-stationary Demand (비정상 수요를 가진 품목을 위한 예측기반 재고정책)

  • Park, Sung-Il;Kim, Jong-Soo
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.3
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    • pp.216-228
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    • 2011
  • A logistics system involving a supplier who produces and delivers a single product and a buyer who receives and sells the product to the final customers is analyzed. In this system, the supplier and the buyer establish a contract which specifies that the supplier will deliver necessary amount of the product to raise inventory up to a specified position at the beginning of each period. A new periodic order-up-to-level inventory control policy specifically designed for nonstationary end customer's demand is proposed for the system. Simulations are used to test the efficiency of the proposed policy. An analysis of the test results reveals that the proposed policy performs much better than does the existing order-up-to-level policy, especially when the demand is nonstationary.

Prediction of Global Industrial Water Demand using Machine Learning

  • Panda, Manas Ranjan;Kim, Yeonjoo
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.156-156
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    • 2022
  • Explicitly spatially distributed and reliable data on industrial water demand is very much important for both policy makers and researchers in order to carry a region-specific analysis of water resources management. However, such type of data remains scarce particularly in underdeveloped and developing countries. Current research is limited in using different spatially available socio-economic, climate data and geographical data from different sources in accordance to predict industrial water demand at finer resolution. This study proposes a random forest regression (RFR) model to predict the industrial water demand at 0.50× 0.50 spatial resolution by combining various features extracted from multiple data sources. The dataset used here include National Polar-orbiting Partnership (NPP)/Visible Infrared Imaging Radiometer Suite (VIIRS) night-time light (NTL), Global Power Plant database, AQUASTAT country-wise industrial water use data, Elevation data, Gross Domestic Product (GDP), Road density, Crop land, Population, Precipitation, Temperature, and Aridity. Compared with traditional regression algorithms, RF shows the advantages of high prediction accuracy, not requiring assumptions of a prior probability distribution, and the capacity to analyses variable importance. The final RF model was fitted using the parameter settings of ntree = 300 and mtry = 2. As a result, determinate coefficients value of 0.547 is achieved. The variable importance of the independent variables e.g. night light data, elevation data, GDP and population data used in the training purpose of RF model plays the major role in predicting the industrial water demand.

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A Study of the Analysis and Forecasting of Nursing Manpower Needs in Korea-Using methods based on the biological basis of demand for medical care- (한국간호인력필요의 분석 및 추계에 관한 일 연구 -기본적 의료필요계측법을 중심으로-)

  • 김유겸
    • Journal of Korean Academy of Nursing
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    • v.3 no.2
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    • pp.15-30
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    • 1973
  • Nursing education in Korea has made rapid progress recently. There is .: great deal of support with approval and encouragement of this progress. However, much disapproval of its validity has asserted some restraints on it. The aims of nursing education should be based on the principle that education is planned according to tile need much research has been made with such a viewpoint but much still remains unclear. The present study is aimed at establishing the needs for nursing manpower based on the biological demand for medical care. The needs for nursing manpower have been emphasized by many researchers and authorities on nursing education, and the prevailing medical trends also demand it. In this study, through the study of various hooks and records concerned, and the compiling of data analysis and questionnaires, I came to the following figures for the proposed needs of nursing manpower: There figures are greater than those calculated by another method by the government research program but it shows approximately the same final figure as that of the government report for the end of the target year. With these findings, I concluded that: 1) As the final purpose of the government medical project is to fulfill the needs of the national health (that is, to support the national needs for medical care), the plan of this project should follow the theory of biological demand for medical care, recognizing that the numbers will increase gradually. 2) Qualitative growth, based on the advanced and specialized nursing profession. should be promoted to meet the rapid growth of the medical needs of the nation in addition to promoting of investments for the facilities. and of the preparatory investments for education needs. 3) For efficient and economic utilization of nursing manpower, the improvement of wages, and the offering of free education is necessary. 4) Amendments to the low promising innovation and advancement of medical treatment; preparation of a national fund for medical care; and, changing of national attitudes to bring about greater concern are desirable.

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Reducing Peak Cooling Demand Using Building Precooling and Modified Linear Rise of Indoor Space Temperature (건물예냉과 실내온도의 선형상승에 의한 피크냉방수요 저감)

  • Lee, Kyoung-Ho;Yang, Seung-Kwon;Han, Seung-Ho
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.22 no.2
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    • pp.86-96
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    • 2010
  • The paper describes development and evaluation of a simple method for determining gradient of modified linear setpoint variation to reduce peak electrical cooling demand in buildings using building precooling and setpoint adjustment. The method is an approximated approach for minimizing electrical cooling demand during occupied period in buildings and involves modified linear adjustment of cooling setpoint temperature between $26^{\circ}C$ and $28^{\circ}C$. The gradient of linear variation or final time of linear increase is determined based on the cooling load shape in conventional cooling control having a constant setpoint temperature. The potential to reduce peak cooling demand using the simple method was evaluated through building simulation for a calibrated office building model considering four different weather conditions. The simple method showed about 30% and 20% in terms of reducing peak cooling demand and chiller power consumption, respectively, compared to the conventional control.

Performance Evaluation of On-Demand Routing Protocol using Look-ahead Selective Flooding in Ad-hoc Network (Ad-hoc 네트워크에서 Look-ahead Selective Flooding을 이용한 On-Demand 라우팅 프로토콜 성능 개선)

  • Yo-chan Ahn
    • Journal of Information Technology Applications and Management
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    • v.10 no.2
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    • pp.61-71
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    • 2003
  • Ad-hoc networks are characterized by multi-hop wireless links, frequently changing network topology and the need for efficient dynamic routing protocols. In an Ad-hoc network, each host assumes the role of a router and relays packets toward final destinations Because a packet is broadcast to all neighboring nodes, the optimality criteria of wireless network routing is different from that of wired network routing. tn this paper 1 point out the more important cost factor than the number of links in the Ad-hoc network. A class routing protocols called on-demand protocols has recently found attention because of their low routing overhead since it performs a blind flooding to look for a path. In this paper, 1 propose the method which reduces overhead by using the information of neighboring nodes and doing a selective flooding. Simulation results demonstrate better reduction of routing overheads with this scheme.

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Mixed-Integer programming model for scheduling of steelmaking processes (철강 공정의 일정계획을 위한 혼합정수계획 모델)

  • Bok, Jin-Gwang;Lee, Dong-Yeop;Park, Seon-Won
    • Journal of Institute of Control, Robotics and Systems
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    • v.5 no.6
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    • pp.714-723
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    • 1999
  • This paper presents a short-term scheduling algorithm for the operation of steelmaking processes. The scope of the problem covers refining of the hot iron transferred form a blast furnace, ladle treatment, continuous casting, hot-rolling, and coiling for the final products that should satisfy the given demand. The processing time at each unit depends on how much the batch amount is treated, and te dedicated intermediate storage with finite capacity between the units is considered. Resource constraints and initial amount of each state are incorporated into the presented scheduling model for the algorithm of on-line scheduling. We propose amixed integer linear programming (MILP) model with two objectives for the scheduling. The first is to maximize the total profit while atisfying the due date constraint for each product. And the second is to minimize the total processing time, makespan, while satisfying the demand for each product. Especially, we observe the effect of penalizing the intermediate storage and the inventory level of the final product on the scheduling results.

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Design and Performance Evaluation of an Assemble-To-Order System (주문- 조립시스템의 설계 및 성능평가)

  • 박찬우;이효성
    • Journal of the Korean Operations Research and Management Science Society
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    • v.27 no.4
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    • pp.41-65
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    • 2002
  • We study a multi-component production/inventory system in which individual components are made to meet various demand types. We assume that the demands arrive according to a Poisson process, but there is a fixed probability that a demand requests a particular kit of different components. Each component is produced by a flow line with several stations in which the processing times of each station follow a two-stage Coxian distribution. The production of each component is operated by an independent base-stock policy with blocking. We assume that the time needed to assemble final products follows a general distribution and the capacity of an assembling facility is sufficiently large. The objective of this study is to obtain key performance measures such as the distribution of the number of each orders for each final product and the mean time of fulfilling a customer order. The basic principle of the proposed approximation method is to decompose the original system into a set of subsystems, each subsystem being associated with a flow line. Each subsystem is analyzed in isolation using a Marie's method. An iterative procedure is then used to determine the unknown parameters of each subsystem. Numerical results show that the accuracy of the approximation method is acceptable.

Input-Output Structural Decomposition Analysis on the Growth of ICT Industry (ICT산업 성장의 투입·산출 구조분해분석)

  • Sang Choon Kim
    • Journal of Information Technology Applications and Management
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    • v.31 no.4
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    • pp.75-97
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    • 2024
  • This paper conducts the input-output structural decomposition analysis on the growth of ICT industry during year 2000~2019. The novel feature of this study is to dissect the economy-wide collective growth contributions into industry by industry contributions. The main results are as follows. First, the growth of ICT manufacturing industry has excessively depended on its own export and import-substitution of intermediate goods, while the growth of ICT service industry has heavily depended on its own domestic final goods demand. Second, for the growth of ICT manufacturing industry, its own contribution is about 79%, and the contributions of non-ICT service and manufacturing industries respectively are 11% and 9%, but the contribution of ICT service industry is only about 1%. For the growth of ICT service industry, its own contribution is about 61%, and the contributions of non-ICT service and non-manufacturing industries respectively are about 33% and 5%, but, surprisingly, the contribution of ICT manufacturing industry is less than 1%. Third, the contributions of non-ICT manufacturing and service industries to the growth of both ICT industries have been done mainly through increase in export and domestic final goods demand together with change in the structure of input technology.

Determinants of the Consumer's Search for Information -Focusing on durables Goods Purchases by American Consumers- (소비자 정보탐색의 결정요인-미국소비자들의 내구재구매행동을 중심으로-)

  • 여정성
    • Journal of Families and Better Life
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    • v.7 no.1
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    • pp.15-25
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    • 1989
  • The purpose of this study is to examine the factors affecting the consumer's search for information and the relationship between the amount of search and the final price paid. The model indicates the demand for search is affected by the market price of each durable good purchased, the tim available for search, family income, direct cost of search, the initial stock of information, effectiveness of search, and shopping attitudes. The final price savings are a function of search, price of dispersion in the market, the initial stock of information, and effectiveness of search. Data from the Pane Study on Consumer Decisions and Asset Management were used for the empirical testing of the theoretical model. The amount of information search as dependent variable is represented by two different measures, the level of discussion with others and the number of stores visited. The amount of discussion with others depends mainly on the respondent's shopping attitude. The higher the wife's desire to search, the higher the degree of husband's comparison shopping, the less the husband's perception of price-quality relationship, the higher the level of discussions with others. The number of stores visited depends on the average market price of product purchased and the level of family income. The higher the average market price and he higher the level of family income, the greater the number of stores visited. The final savings depend upon the level of information search. The greater the number of store visited, but the less the purchase is discussed with stores, the higher the final savings are.

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Input-Output Structural Decomposition Analysis on the Growth Structure of Korean Maritime and Port Industry (투입·산출 구조분해를 통한 해운항만산업 성장구조분석)

  • Sang Choon Kim
    • Korea Trade Review
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    • v.46 no.1
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    • pp.83-111
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    • 2021
  • This paper conducts a Structural Dcomposition Analysis on the structure of factors contributing to the output growth of Korean Maritime and Port Industry during year 2000~ year 2017. Some of results are as follows. The output growth rates of the industry (yearly average 4.3%) was far lower than the average growth rates of Service as well as of Manufacturing Industries (yearly average 9% and 6.8%, respectively) due to the lower output growth of Maritime Industry. Among the growth contributing factors, change in domestic demand for final goods is the first contributing factor, and then change in technology, change in export and import substitution for intermediate goods are followed in order, but import substitution for final goods decreased its output. However, in each respective sub-periods of pre-global financial crisis and post-global financial crisis, change in the export, especially change in the export of Maritime Industry is the dominant determinant of output change in the Maritime and Port Industry in opposite ways. In the periods of the former the increase in the export of Maritime Industry overwhelmingly led the output growth of the Maritime and Port industry, but in the periods of the latter the decrease in its export was the culprit of lower output growth of the industry. On the other hand, among all industries of service and manufacturing sectors, Wholesale and Retail industry is the leading industry in contributing to the output growth of the Maritime and Port Industry, and Transportation Equipment industry is the leading industry among all manufacturing industries.