• Title/Summary/Keyword: forecast supply

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Evaluation and Forecasting Model for State of Drought in the Irrigation Reservoir (관개저수지의 한발평가 및 예측모형(관개배수 \circled2))

  • 이성희;이재면;김태철
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2000.10a
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    • pp.187-192
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    • 2000
  • The severity of drought could be evaluated by the accumulative rainfall method, soil moisture condition method, storage ratio method, and water supply restriction intensity method, etc. The pattern of drought could be forecast with the most similar pattern of accumulative rainfall out of the file of past rainfall history. The information that how much rainfall should be expected to overcome the present drought could be obtained from the reservoir storage ratio and soil moisture condition.

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A Study on the Short-Term Demand Forecasing System of the Construction Materials for Concrete (콘크리트용 건설자재의 단기수요 예측모형에 관한 연구)

  • 최민수;김무한
    • Proceedings of the Korea Concrete Institute Conference
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    • 1991.10a
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    • pp.146-151
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    • 1991
  • In recent years a reasonable supply and demand plan of construction materials which is based upon an accurate forecast has been greatly required to prevent construction works from delaying and slapdash. To meet an above requirement, a short-term forecasting system of construction materials, in this paper, is established, which is approached in engineering aspect and emerged from conventional forecasting systems. The major considerations in setting up this system are the distributed lag of consrection business indicators and seasonal variations in consumption of constuction materials.

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A Study on the Land Demand and Supply System in the Capital Region of Korea (수도권 토지수요와 공급체계 분석 연구)

  • Ahn, Jung-Geun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.6
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    • pp.1277-1283
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    • 2006
  • The demand of urban land in the Capital Region will be increased by the national economic growth of Korea. However, the available land for residential, commercial, and industrial should be limited in Capital Region, and the system of land supply for the urban land doesn't work effectively in the Capital Region. This research aims to forecast land demand in Capital Region based on the analysis of number of residents as well as housing units, and to suggest desirable land supply directions based on the analysis of land supply regulations and controls. This research concludes that it is demanded $293km^2$ of residential site for the construction of 1.27 million housing units by the year of 2010, and the change of land use from agricultural to residential is very restricted so that it may not supply urban land flexibly and appropriately. Thus, it is necessary to improve not only the system of land use controls but also cooperation among public agencies for the rational operation of land supply system.

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A Long-term Replenishment Contract for the ARIMA Demand Process (ARIMA 수요자정을 고려한 장기보충계약)

  • Kim Jong Soo;Jung Bong Ryong
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.343-348
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    • 2002
  • We are concerned with a long-term replenishment contract for the ARIMA demand process in a supply chain. The chain is composed of one supplier, one buyer and consumers for a product. The replenishment contract is based upon the well-known (s, Q) policy but allows us to contract future replenishments at a time with a price discount. Due to the larger forecast error of future demand, the buyer should keep a higher level of safety stock to provide the same level of service as the usual (s, Q) policy. However, the buyer can reduce his purchase cost by ordering a larger quantity at a discounted price. Hence, there exists a trade-off between the price discount and the inventory holding cost. For the ARIMA demand process, we present a model for the contract and an algorithm to find the number of the future replenishments. Numerical experiments show that the proposed algorithm is efficient and accurate.

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Multiple Replenishment Contract with Purchase Price Discount (구매비용할인을 고려한 다회보충계약)

  • Jung, Bong-Ryong;Kim, Jong-Soo
    • Journal of Korean Institute of Industrial Engineers
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    • v.27 no.4
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    • pp.345-351
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    • 2001
  • We are concerned with a multiple replenishment contract with a purchase price discount in a supply chain. The chain is composed of one supplier, one buyer and consumers for a product. The replenishment contract is based upon the well-known (s, Q) policy but allows contracting several firmed orders at a time with a price discount. Due to a larger forecast error of the future demand, the buyer should keep a higher level of safety stock to provide the same level of service of the usual (s, Q) policy but can reduce his purchase cost by placing larger quantity. Thus there exists a trade-off between the price discount and inventory holding cost. We present a model for the contract and an algorithm to find the optimum number of the firmed orders. Computer experiments show that the algorithm finds the global optimum solution very fast.

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A Study on Demand Forecasting Model of Domestic Rare Metal Using VECM model (VECM모형을 이용한 국내 희유금속의 수요예측모형)

  • Kim, Hong-Min;Chung, Byung-Hee
    • Journal of Korean Society for Quality Management
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    • v.36 no.4
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    • pp.93-101
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    • 2008
  • The rare metals, used for semiconductors, PDP-LCS and other specialized metal areas necessarily, has been playing a key role for the Korean economic development. Rare metals are influenced by exogenous variables, such as production quantity, price and supplied areas. Nowadays the supply base of rare metals is threatened by the sudden increase in price. For the stable supply of rare metals, a rational demand outlook is needed. In this study, focusing on the domestic demand for chromium, the uncertainty and probability materializing from demand and price is analyzed, further, a demand forecast model, which takes into account various exogenous variables, is suggested, differing from the previously static model. Also, through the OOS(out-of-sampling) method, comparing to the preexistence ARIMA model, ARMAX model, multiple regression analysis model and ECM(Error Correction Mode) model, we will verify the superiority of suggested model in this study.

The Impact of Coordination on Stocking and Promotional Markdown Policies for a Supply Chain

  • Lee, Changhwan
    • Proceedings of the Korean DIstribution Association Conference
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    • 2000.10a
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    • pp.91-105
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    • 2000
  • Results of a study of the coordination effect in stocking and promotional markdown policies for a supply chain consisting of a retailer and a discount outlet (DCO) are reported here. We assume that the products are sold in two consecutive periods: Normal Sales Period (NSP) and subsequent Promotional Sales Period (PSP). When managers in the two periods coordinate, they share information on the demand forecast and jointly decide the stocking quantity, markdown time schedule, and markdown price to maximize mutual profit. In the absence of coordination, decisions are decentralized to optimize the individual party's objective function. Optimal coordination policy for the retailer/DCO problem setting is analyzed, and the coordination policy is compared with the uncoordinated policy to explore factors that make coordination an effective approach.

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A Quantity Flexibility Contract Model for Optimal Purchase Decision (최적 구매량 결정을 위한 QF 계약 모형)

  • Kim Jong-Soo;Kim Tai-Young;Kang Woo-Seok
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.2
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    • pp.129-140
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    • 2006
  • Quantity Flexibility contract coordinates individually motivated supplier and buyer to the systemwide optimal outcome by effectively allocating the costs of market demand uncertainty. The main feature of the contract is to couple the buyer's commitment to purchase no less than a certain percentage below the forecast with the supplier's guarantee to deliver up to a certain percentage above. In this paper we refine the previous models by adding some realistic features including the upper and lower limits of the purchase. We also incorporate purchase and canceling costs in a cost function to reflect the real world contracting process more accurately. To obtain the solution of the model, we derive a condition for extreme points using the Leibniz's rule and construct an algorithm for finding the optimal solution of the model. Several examples illustrating the algorithm show that the approach is valid and efficient.

Long-Term Demand Forecasting Using Agent-Based Model : Application on Automotive Spare Parts (Agent-Based Model을 활용한 자동차 예비부품 장기수요예측)

  • Lee, Sangwook;Ha, Chunghun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.1
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    • pp.110-117
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    • 2015
  • Spare part management is very important to products that have large number of parts and long lifecycle such as automobile and aircraft. Supply chain must support immediate procurement for repair. However, it is not easy to handle spare parts efficiently due to huge stock keeping units. Qualified forecasting is the basis for the supply chain to achieve the goal. In this paper, we propose an agent based modeling approach that can deal with various factors simultaneously without mathematical modeling. Simulation results show that the proposed method is reasonable to describe demand generation process, and consequently, to forecast demand of spare parts in long-term perspective.

A Study on the Demand and Status of Distribution and Production of Landscape Plants (한국의 조경수 생산과 유통현황 및 수요분석)

  • Kim, H.J.;Lee, T.Y.;Kwon, Y.H.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.13 no.1
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    • pp.83-102
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    • 2011
  • The purpose of this study carried out to analyze production status, pricing trend and distribution status of landscape plants, so that it could predict the demand of landscape plants for the balance of supply and demand. The production amount of landscape plants made constantly increased. The annual output of shrubs increased more higher than that of trees. The prices of trees have raised consistently, but shrubs were susceptible to price fluctuations. And there were still many problems in the distribution structure. The landscaping work has focused on the metropolitan area. And large-scale nationwide projects were scheduled for coming years, so the demand of landscape plants was expected to expend. However, the lack of increase in production amounts of landscape plants, it is cause to supply problems. So, demand forecast was necessary to control the production of landscape plants.