• Title/Summary/Keyword: future forecast

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The Impact of Product Variety in The Supply Chain: An Integrative Review and Future Research Direction (제품다양성이 공급사슬에 미치는 영향: 종합리뷰 및 미래연구방향)

  • Youngah Kim
    • Asia Marketing Journal
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    • v.7 no.1
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    • pp.67-89
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    • 2005
  • In recent decades, product variety has increased dramatically in most industries. Rapidly evolving technologies, global competition, and sophisticated customers have contributed to an increase in product variety in many industries. In this paper, I study the impact of product variety on several businesses in the supply chain through literature review. By study of literature. this paper presents the benefits and drawbacks of increasing product variety on functions performed in several departments, such as engineering, manufacturing, purchasing, logistics and marketing. It provides a brief overview of the various techniques like modularity, component sharing, and platform-based development, which are helpful in reducing the costs, when designing for variety. It also provides a brief overview of order processing, purchased component/part variety, which are helpful in reducing the purchasing costs, and customer satisfaction, market advantage, market share, competitive advantage and demand forecast, which are useful in impact of product variety on marketing. Future research directions are discussed.

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Environmental Monitoring and Forecasting Using Advanced Remote Sensing Approaches (최신 원격탐사 기법을 이용한 지구환경 모니터링 및 예측)

  • Seonyoung Park;Ahram Song;Yangwon Lee;Jungho Im
    • Korean Journal of Remote Sensing
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    • v.39 no.5_3
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    • pp.885-890
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    • 2023
  • As satellite technology progresses, a growing number of satellites-like CubeSat and radar satellites-are available with a higher spectral and spatial resolutions than previous. National initiatives used to be the main force behind satellite development, but current trendsindicate that private enterprises are also actively exploring and developing new satellite technologies. This special issue examines the recent research results and advanced technology in remote sensing approaches for Earth environment analysis. These results provide important information for the development of satellite sensors in the future and are of great interest to researchers working with artificial intelligence in thisfield. The special issue introduces the latest advances in remote sensing technology and highlights studies that make use of data to monitor and forecast Earth's environment. The objective is to provide direction for the future of remote sensing research.

A Study on the Economic Assessment Through Case Study of Remodeling (건축물 리모델링 사례 분석을 통한 경제성 평가에 관한 연구)

  • 김천학;양극영
    • Journal of the Korea Institute of Building Construction
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    • v.1 no.2
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    • pp.154-164
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    • 2001
  • This research is aiming to specify the requirement of the investment such as intial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist building to promote the functions has been applied, no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific date base should be established to apply the suggested economic acessments in business enough ti forecast the future circumstances. More researches should be promoted on the area continuously as well as the integrated economic evaluation of remodeling on existing building.

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A Study on the Forecasting of the Number of End of Life Vehicles in Korea using Markov Chain (Markov Chain을 이용한 국내 폐차발생량 예측)

  • Lee, Eun-A;Choi, Hoe-Ryeon;Lee, Hong-Chul
    • Journal of Korean Institute of Industrial Engineers
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    • v.38 no.3
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    • pp.208-219
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    • 2012
  • As the number of end-of-life vehicles (ELVs) has kept increasing, the management of ELV has also become one of the academic research focuses and European Union recently adopted the directive on ELVs. For the stakeholders has become a principle agent of dealing with all about ELVs, it is relevant investment decision to set up and to decide high-cost ELVs entity locations and to forecast future ELVs' amount in advance. In this paper, transition probability matrixes between months are made by using Markov Chain and the number of ELVs is predicted with them. This study will perform a great role as a fundamental material in Korea where just started having interests about recycling resources and studies related to the topic. Moreover, the forecasting method developed for this research can be adopted for other enhancements in different but comparable situations.

The Analysis of Pant Style Trend to Establish a Fashion Cycle Theory: Focus on 1967 to 2012 (패션 주기 이론 구성을 위한 팬츠 스타일 트렌드 분석 -1967~2012년을 대상으로-)

  • Kim, Seonsook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.37 no.6
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    • pp.786-798
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    • 2013
  • This study establishes a fashion theory frame to forecast future fashion cycles of pants through analyzing past fashion cycles of pants through a diachronic method. Pants pictures from 1967-2012, post-industrialized period of Korea were analyzed. Representative pant styles, fashion cycles of pants and the relation of pant styles, length and width were identified. The total of 1006 pictures in fashion magazine published over 46 years were selected and analyzed using PASW 18.0 (statistical program). The results are as follows. For 46 years, representative pant styles were skinny, regular and bell-bottom. The first cycle period was from 1969 to 1992 and lasted 24 years. The second cycle period was from 1993 to 2003 and lasted 11 years. The third cycle is ongoing as of 2004. Fashion cycles have shown a general trend to be shortened. The relation between pant styles, length and width revealed related results; in addition, pant length and width changed significantly in a similar orientation. Fashion marketers can develop successful products using fashion cycle theory from these results.

Financial Stability of GCC Banks in the COVID-19 Crisis: A Simulation Approach

  • AL-KHARUSI, Sami;MURTHY, Sree Rama
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.337-344
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    • 2020
  • Stability and sustainability of the biggest banks in any country are extremely important. When big banks become unstable and vulnerable, they typically stop lending. The resulting credit squeeze pushes the economy into recession or a slow growth path. The present study examines the financial stability and sustainability of the 30 large banks operating in the six Gulf Cooperation Council countries. These banks represent 70% of the GCC banking market. Monte Carlo simulation was attempted assuming that key drivers can vary randomly by twenty percent on either side of the current values. The conclusions are drawn based on 300 simulation trails of the five-year forecast balance and income statement of each bank. Year 2020 is not favorable for the GCC countries because of the COVID-19 pandemic and low oil prices, though the future years may be better. The study identifies several banks, which may become financially unsustainable because the simulations indicate the possibility of negative profitability, unacceptably low capital ratios and potential for heavy credit losses during periods of economic turbulence, which is the current situation due to the COVID-19 pandemic. Through simulation the paper is able to throw light on which factors lead to bank instability and weakness.

A Study on the Adoption of the Subject Divisional Plan in University Libraries (대학도서관의 주제별화 적용과정에 관한 연구)

  • Chung, Jae-Young;Nam, Tae-Woo
    • Journal of Korean Library and Information Science Society
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    • v.35 no.4
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    • pp.271-291
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    • 2004
  • As the number of University libraries which adopt subject divisional Plan in Korea is increasing, lots of problems are coming out, which results from a lack of close examination and analysis before adopting, and the lack of continuous checking and evaluation after adopting. Therefore, this article will do the following. First, study the example of the U.S. university libraries which have a longer history of subject division adoption than Korea. It covers going through the situation at the moment of adopting, the phase of development and decline Second analyse the differences between the libraries in U.S. and Korea on the basis of first study. Finally, study the resonable adoption method considering the changing circumstances aound Libraries and forecast the future movement in adopting the Subject division plan in the university libraries in Korea.

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Survey for Technology Forecasting for Crop Production using Delphi Method (경종작물분야의 델파이 기술예측조사)

  • Young-Am Chae
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.49 no.3
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    • pp.261-270
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    • 2004
  • The study was designed to forecast and derive future core technologies using Delphi method in Korea agriculture. Based on the technologies, agriculture in Korea will be expected to improve as a core and strategic industry producing high value added in 21 century. Questions were given to specialists by each technology in order to survey importance, realization time, level of R&D in Korea and the leading country, leading group of R&D, effective policy, etc. for each technology. The survey for Delphi was confined to the specialists in the area of crop production. The 44 core technologies were derived and 39 specialists answered the survey.

Forecasting of Peak Flood Stage at Downstream Location and the Flood Travel Time by Hydraulic Flood Routing (수리학적 홍수추적에 의한 댐 방류시 하류수위 및 주요 하도구간별 홍수도달 시간의 예측)

  • 윤용남;박무종
    • Water for future
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    • v.25 no.3
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    • pp.115-124
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    • 1992
  • The peak flood discharge at a downstream station and the flood travel time between a pair of dams due to a specific flood release from the upper reservoir are computed using a hydraulic river channel routing method. The study covered the whole reservoir system in the Han River. The computed peak flood discharges and the travel times between dams were correlated with the duration and the magnitude of flood release rate at the upstream reservoir, and hence a multiple regression model is proposed for each river reach between a pair of dams. The peak flood discharge at a downstream location can be converted to the peak flood stage by rating curve. Hence, the proposed regression model could be used to forecast the peak flood stage at a downstream location and the flood travel time between dams using the information on the flood release rate and duration from the upper dam.

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Evaluation Method for Value Analysis in the Remodelling of Apartment Building - Focused on Economical Efficiency and User Demand - (건축물의 리모델링 가치분석을 위한 평가방법 - 경제성 평가와 사용자 요구분석을 중심으로 -)

  • 정동환;소광호;김천학;김의식;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.103-109
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    • 2002
  • This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data bate should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

  • PDF