• Title/Summary/Keyword: long-term forecast

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Forecasting Bunker Price Using System Dynamics (시스템 다이내믹스를 활용한 선박 연료유 가격 예측)

  • Choi, Jung-Suk
    • Journal of Korea Port Economic Association
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    • v.33 no.1
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    • pp.75-87
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    • 2017
  • The purpose of this study is to utilize the system dynamics to carry out a medium and long-term forecasting analysis of the bunker price. In order to secure accurate bunker price forecast, a quantitative analysis was established based on the casual loop diagram between various variables that affects bunker price. Based on various configuration variables such as crude oil price which affects crude oil consumption & production, GDP and exchange rate which influences economic changes and freight rate which is decided by supply and demand in shipping and logistic market were used in accordance with System Dynamics to forecast bunker price and then objectivity was verified through MAPEs. Based on the result of this study, bunker price is expected to rise until 2029 compared to 2016 but it will not be near the surge sighted in 2012. This study holds value in two ways. First, it supports shipping companies to efficiently manage its fleet, offering comprehensive bunker price risk management by presenting structural relationship between various variables affecting bunker price. Second, rational result derived from bunker price forecast by utilizing dynamic casual loop between various variables.

The History of Volcanic Hazard Map (화산위험지도의 역사)

  • Yun, Sung-Hyo;Chang, Cheolwoo;Ewert, John W.
    • The Journal of the Petrological Society of Korea
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    • v.27 no.1
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    • pp.49-66
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    • 2018
  • Volcano hazard mapping became a focus of scientific inquiry in the 1960s. Dwight Crandell and Don Mullineaux pioneered the geologic history approach with the concept of the past is the key to the future, to hazard mapping. The 1978 publication of the Mount St. Helens hazards assessment and forecast of an eruption in the near future, followed by the large eruption in 1980 demonstrated the utility of volcano hazards assessments and triggered huge growth in this area of volcano science. Numerical models of hazardous processes began to be developed and used for identifying hazardous areas in 1980s and have proliferated since the late 1990s. Model outputs are most useful and accurate when they are constrained by geological knowledge of the volcano. Volcanic Hazard maps can be broadly categorized into those that portray long-term unconditional volcanic hazards-maps showing all areas with some degree of hazard and those that are developed during an unrest or eruption crisis and take into account current monitoring, observation, and forecast information.

Deep Learning Forecast model for City-Gas Acceptance Using Extranoues variable (외재적 변수를 이용한 딥러닝 예측 기반의 도시가스 인수량 예측)

  • Kim, Ji-Hyun;Kim, Gee-Eun;Park, Sang-Jun;Park, Woon-Hak
    • Journal of the Korean Institute of Gas
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    • v.23 no.5
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    • pp.52-58
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    • 2019
  • In this study, we have developed a forecasting model for city- gas acceptance. City-gas corporations have to report about city-gas sale volume next year to KOGAS. So it is a important thing to them. Factors influenced city-gas have differences corresponding to usage classification, however, in city-gas acceptence, it is hard to classificate. So we have considered tha outside temperature as factor that influence regardless of usage classification and the model development was carried out. ARIMA, one of the traditional time series analysis, and LSTM, a deep running technique, were used to construct forecasting models, and various Ensemble techniques were used to minimize the disadvantages of these two methods.Experiments and validation were conducted using data from JB Corp. from 2008 to 2018 for 11 years.The average of the error rate of the daily forecast was 0.48% for Ensemble LSTM, the average of the error rate of the monthly forecast was 2.46% for Ensemble LSTM, And the absolute value of the error rate is 5.24% for Ensemble LSTM.

Observation and Understanding of Snowfall Characteristics in the Yeongdong Region (영동 지역에서 강설 특성 관측 및 이해)

  • Kim, Byung-Gon;Kim, Mi-Gyeong;Kwon, Tae-Young;Park, Gyun-Myung;Han, Yun-Deok;Kim, Seung-Bum;Chang, Ki-Ho
    • Atmosphere
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    • v.31 no.4
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    • pp.461-472
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    • 2021
  • Yeongdong has frequently suffered from severe snowstorms, which generally give rise to societal and economic damages to the region in winter. In order to understand its mechanism, there has been a long-term measurement campaign, based on the rawinsonde measurements for every snowfall event at Gangneung since 2014. The previous observations showed that a typical heavy snowfall is generally accompanied with northerly or northeasterly flow below the snow clouds, generated by cold air outbreak over the relatively warmer East Sea. An intensive and multi-institutional measurement campaign has been launched in 2019 mainly in collaboration with Gangwon Regional Office of Meteorology and National Institute of Meteorological Studies of Korean Meteorological Administration, with a special emphasis on winter snowfall and spring windstorm altogether. The experiment spanned largely from February to April with comprehensive measurements of frequent rawinsonde measurements at a super site (Gangneung) with continuous remote sensings of wind profiler, microwave radiometers and weather radar etc. Additional measurements were added to the campaign, such as aircraft dropsonde measurements and shipboard rawinsonde soundings. One of the fruitful outcomes is, so far, to identify a couple of cold air damming occurrences, featuring lowest temperature below 1 km, which hamper the convergence zone and snow clouds from penetrating inland, and eventually make it harder to forecast snowfall in terms of its location and timing. This kind of comprehensive observation campaign with continuous remote sensings and intensive additional measurement platforms should be conducted to understand various orographic precipitation in the complex terrain like Yeongdong.

A Neural Network for Long-Term Forecast of Regional Precipitation (지역별 중장기 강수량 예측을 위한 신경망 기법)

  • Kim, Ho-Joon;Paek, Hee-Jeong;Kwon, Won-Tae
    • Journal of the Korean Association of Geographic Information Studies
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    • v.2 no.2
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    • pp.69-78
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    • 1999
  • In this paper, a neural network approach to forecast Korean regional precipitation is presented. We first analyze the characteristics of the conventional models for time series prediction, and then propose a new model and its learning method for the precipitation forecast. The proposed model is a layered network in which the outputs of a layer are buffered within a given period time and then fed fully connected to the upper layer. This study adopted the dual connections between two layers for the model. The network behavior and learning algorithm for the model are also described. The dual connection structure plays the role of the bias of the ordinary Multi-Layer Perceptron(MLP), and reflects the relationships among the features effectively. From these advantageous features, the model provides the learning efficiency in comparison with the FIR network, which is the most popular model for time series prediction. We have applied the model to the monthly and seasonal forecast of precipitation. The precipitation data and SST(Sea Surface Temperature) data for several decades are used as the learning pattern for the neural network predictor. The experimental results have shown the validity of the proposed model.

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Realtime Streamflow Prediction using Quantitative Precipitation Model Output (정량강수모의를 이용한 실시간 유출예측)

  • Kang, Boosik;Moon, Sujin
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.6B
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    • pp.579-587
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    • 2010
  • The mid-range streamflow forecast was performed using NWP(Numerical Weather Prediction) provided by KMA. The NWP consists of RDAPS for 48-hour forecast and GDAPS for 240-hour forecast. To enhance the accuracy of the NWP, QPM to downscale the original NWP and Quantile Mapping to adjust the systematic biases were applied to the original NWP output. The applicability of the suggested streamflow prediction system which was verified in Geum River basin. In the system, the streamflow simulation was computed through the long-term continuous SSARR model with the rainfall prediction input transform to the format required by SSARR. The RQPM of the 2-day rainfall prediction results for the period of Jan. 1~Jun. 20, 2006, showed reasonable predictability that the total RQPM precipitation amounts to 89.7% of the observed precipitation. The streamflow forecast associated with 2-day RQPM followed the observed hydrograph pattern with high accuracy even though there occurred missing forecast and false alarm in some rainfall events. However, predictability decrease in downstream station, e.g. Gyuam was found because of the difficulties in parameter calibration of rainfall-runoff model for controlled streamflow and reliability deduction of rating curve at gauge station with large cross section area. The 10-day precipitation prediction using GQPM shows significantly underestimation for the peak and total amounts, which affects streamflow prediction clearly. The improvement of GDAPS forecast using post-processing seems to have limitation and there needs efforts of stabilization or reform for the original NWP.

Long-term Forecast of Seasonal Precipitation in Korea using the Large-scale Predictors (광역규모 예측인자를 이용한 한반도 계절 강수량의 장기 예측)

  • Kim, Hwa-Su;Kwak, Chong-Heum;So, Seon-Sup;Suh, Myoung-Seok;Park, Chung-Kyu;Kim, Maeng-Ki
    • Journal of the Korean earth science society
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    • v.23 no.7
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    • pp.587-596
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    • 2002
  • A super ensemble model was developed for the seasonal prediction of regional precipitation in Korea using the lag correlated large scale predictors, based on the empirical orthogonal function (EOF) analysis and multiple linear regression model. The predictability of this model was also evaluated by cross-validation. Correlation between the predicted and the observed value obtained from the super ensemble model showed 0.73 in spring, 0.61 in summer, 0.69 in autumn and 0.75 in winter. The predictability of categorical forecasting was also evaluated based on the three classes such as above normal, near normal and below normal that are clearly defined in terms of a priori specified by threshold values. Categorical forecasting by the super ensemble model has a hit rate with a range from 0.42 to 0.74 in seasonal precipitation.

Test-bed Development for Long-term Monitoring of Small Bridge Asset Management (소규모 교량 자산관리를 위한 계측 테스트베드 구축)

  • Park, Jae-Woo;Chae, Myung-Jin;Lee, Giu;Cho, Moon-Young
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.6
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    • pp.13-23
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    • 2012
  • While Category 1 and Category 2 bridges are intensively inspected and carefully managed, many small bridges that are not in the Category 1 and 2 are often forgotten until they decay in serious condition. Since many of these small bridges located in the populated city, failure of them would cause huge negative impact on the community. This paper focuses on the small size concrete bridges for timely repair and rehabilitation work for the effective operation and management. Test bed is developed to define the key parameters to forecast the long term performance of the bridges, mostly concrete box bridges. Key parameters suggested in this paper are cumulative fatigue due to repetitive heavy traffic loads and the acid attacks for concrete material deterioration. The cumulative fatigue is measured by the use of the mileage concept. For the long term data collection and inspection, stable and easy to use data collection system is installed as a test bed. The contribution of this research work is on the development of the test bed to define the key parameters of bridge deterioration.

The Forecasting of Market Size and Additional Requirement of Technical Manpower in Korean Engineering Industry (우리나라 엔지니어링산업의 시장전망과 기술인력 필요공급량 추정에 관한 연구)

  • 최정호;박수신;김지수
    • Proceedings of the Technology Innovation Conference
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    • 1997.12a
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    • pp.177-196
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    • 1997
  • The engineering industry plays an important role for national competitive, since it has an high impact on other industries. With its importance, the engineering industry development largely depends on its technical manpower ather than capital factor. This study aims at estimating the additional requirement on technical manpower based on the forecasted market size which represents the structure change corresponding to economic growth in related industry. Research scope includes the twelve of fifteen field except three with insufficient historical data and technical manpower above bachelor degree. Specialty, we forecast market size with determinants resulted from historical data analysis on each field. The demand on technical manpower is derived from the forecasted market. We also estimate an additional requirement with the supply analysis. The research results show different patterns over time period. The relative ratio on chemical and construction to total market will steadily grow over short term, while applied, environment, electronic and information will rapidly grow This pattern will be stabilized over mid or long term. The additional requirement on technical manpower represents the similar pattern to market growth. The research result implies manpower policy for having high inflow of technical engineer from educational institute and the related industries through the image improvement.

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A Causality Analysis on the Relationship Between National Park Visitor Use and Economic Variables (국립공원 탐방수요와 경제변수간의 인과성 분석)

  • Sim, Kyu-Won;Lee, Ju-Hee
    • Journal of Korean Society of Forest Science
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    • v.99 no.4
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    • pp.573-579
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    • 2010
  • This study was carried out to investigate the relationship between visitor uses of national parks and economic variables, such as the index of industrial product and the consumer price index. The results from the Granger Causality test showed that the index of industrial product and the consumer price index influenced visitor use at national parks. Also the Impulse Response Analysis showed that the index of industrial product and the consumer price index greatly influenced national park visitor use in the short term as well as the long term. The study showed that national park visitor use was mainly influenced by variance decompositions. These results suggested that economic variables could be used to not only forecast the demand for recreation but also establish recreational policies.