• Title/Summary/Keyword: predicting demand

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Demand Forecasting by the Mobile RFID Service Model (모바일 RFID 서비스 모델에 따른 수요예측)

  • Park, Yong-Jae;Lim, Kwang-Sun
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2007.06a
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    • pp.495-498
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    • 2007
  • Recently, as REID Tag and Reader has been attached to, and wireless internet has been added to a mobile phone, the commercialization of Mobile RFID Service to obtain necessary information on daily life and use various applications by using mobile communication infra is drawing nearer. A new returns by Mobile RFID Service can be expected, however, the exact demand forecasting for the Mobile RFID Service is essential to induce mass investment from related communication enterprises. This study tries to get a foothold in enlarging the investment from related communication enterprises through demand forecasting for the Mobile RFID Service and to be helpful to the decision on their investment by predicting the demand on the service various Mobile RFID Service Models.

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Comparisons of Spatial-Temporal Characteristics between Young and Old Adults While Walking: Factors Influencing the Likelihood of Slip-Initiation

  • Kim, Seok-Won;Yun, Hun-Yong;Lockhart, Thurmon
    • Journal of the Ergonomics Society of Korea
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    • v.25 no.1
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    • pp.43-49
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    • 2006
  • A laboratory study was conducted to evaluate if two different age groups(young vs. old) had differences in walking velocity and heel contact velocity and, furthermore, if these gait characteristics could adversely influence initial friction demand characteristics(i.e. RCOF) and the likelihood of slip-initiation. Twenty eight(14 younger and 14 older adults) participated in the study. While wearing a safety harness, all participants walked at their preferred gait speed for approximately 20 minutes on the linear walking track(1.5m× 20m) consisting of two floor-mounted forced plates. During subsequent 20 cameras, respectively. The results indicated that older adults walked slower(i.e., slower whole body center-of-mass velocity), exhibited lower heel contact velocity, and produced lower initial friction demand characteristics (i.e. RCOF) in comparison to younger adults. However, ANCOVA indicated that the diferences in heel contact velocity between the two age groups were due to the effects of walking velocity. The bivariate analysis further suggested that walking velocity was correlated to RCOF and heel contact velocity, while heel contact velocity was not found to be correlated to RCOF. In conclusion, could be a better indicator for predicting initial friction demand characteristics(i.e. RCOF) not hel contact velocity.

Estimating Import Demand Function for the United States

  • Yoon, Il-Hyun;Kim, Yong-Min
    • Asia-Pacific Journal of Business
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    • v.10 no.2
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    • pp.13-26
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    • 2019
  • This paper aims to empirically examine the short-run and long-run aggregate demand for the US imports using quarterly economic data for the period 2000-2018 including aggregate imports, final expenditure components, gross fixed capital formation and relative price of imports. According to the results of both multivariate co-integration analysis and error correction model, the above variables are all cointegrated and significant differences are found to exist among the long-run partial elasticities of imports as regards different macro components of final expenditure. Partial elasticities with respect to government expenditure, gross fixed capital formation, exports and relative price of import are found to be positive while imports seems to respond negatively to changes in private consumption, implying that an increase in private consumption could result in a significant reduction in demand for imports in the long run. With regard to the relative import prices, the results appear to indicate a relatively insignificant influence on the aggregate imports in the US in the long run. However, an error correction model designed for predicting the short-term variability shows that only exports have an impact on the imports in the short run.

Characteristics of S-wave and P-wave velocities in Gyeongju - Pohang regions of South Korea: Correlation analysis with strength and modulus of rocks and N values of soils

  • Min-Ji Kim;Tae-Min Oh;Dong-Woo Ryu
    • Geomechanics and Engineering
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    • v.37 no.6
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    • pp.577-590
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    • 2024
  • With increasing demand for nuclear power generation, nuclear structures are being planned and constructed worldwide. A grave safety concern is that these structures are sensitive to large-magnitude shaking, e.g., during earthquakes. Seismic response analysis, which requires P- and S-wave velocities, is a key element in nuclear structure design. Accordingly, it is important to determine the P- and S-wave velocities in the Gyeongju and Pohang regions of South Korea, which are home to nuclear power plants and have a history of seismic activity. P- and S-wave velocities can be obtained indirectly through a correlation with physical properties (e.g., N values, Young's modulus, and uniaxial compressive strength), and researchers worldwide have proposed regression equations. However, the Gyeongju and Pohang regions of Korea have not been considered in previous studies. Therefore, a database was constructed for these regions. The database includes physical properties such as N values and P- and S-wave velocities of the soil layer, as well as the uniaxial compressive strength, Young's modulus, and P- and S-wave velocities of the bedrock layer. Using the constructed database, the geological characteristics and distribution of physical properties of the study region were analyzed. Furthermore, models for predicting P- and S-wave velocities were developed for soil and bedrock layers in the Gyeongju and Pohang regions. In particular, the model for predicting the S-wave velocity for the soil layers was compared with models from previous studies, and the results indicated its effectiveness in predicting the S-wave velocity for the soil layers in the Gyeongju and Pohang regions using the N values. The proposed models for predicting P- and S-wave velocities will contribute to predicting the damage caused by earthquakes.

Predicting the Number of People for Meals of an Institutional Foodservice by Applying Machine Learning Methods: S City Hall Case (기계학습방법을 활용한 대형 집단급식소의 식수 예측: S시청 구내직원식당의 실데이터를 기반으로)

  • Jeon, Jongshik;Park, Eunju;Kwon, Ohbyung
    • Journal of the Korean Dietetic Association
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    • v.25 no.1
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    • pp.44-58
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    • 2019
  • Predicting the number of meals in a foodservice organization is an important decision-making process that is essential for successful food production, such as reducing the amount of residue, preventing menu quality deterioration, and preventing rising costs. Compared to other demand forecasts, the menu of dietary personnel includes diverse menus, and various dietary supplements include a range of side dishes. In addition to the menus, diverse subjects for prediction are very difficult problems. Therefore, the purpose of this study was to establish a method for predicting the number of meals including predictive modeling and considering various factors in addition to menus which are actually used in the field. For this purpose, 63 variables in eight categories such as the daily available number of people for the meals, the number of people in the time series, daily menu details, weekdays or seasons, days before or after holidays, weather and temperature, holidays or year-end, and events were identified as decision variables. An ensemble model using six prediction models was then constructed to predict the number of meals. As a result, the prediction error rate was reduced from 10%~11% to approximately 6~7%, which was expected to reduce the residual amount by approximately 40%.

CFD - Mature Technology?

  • Kwak, Do-Chan
    • Proceedings of the KSME Conference
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    • 2005.11a
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    • pp.257-261
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    • 2005
  • Over the past 30 years, numerical methods and simulation tools for fluid dynamic problems have advanced as a new discipline, namely, computational fluid dynamics (CFD). Although a wide spectrum of flow regimes are encountered in many areas of science and engineering, simulation of compressible flow has been the major driver for developing computational algorithms and tools. This Is probably due to a large demand for predicting the aerodynamic performance characteristics of flight vehicles, such as commercial, military, and space vehicles. As flow analysis is required to be more accurate and computationally efficient for both commercial and mission-oriented applications (such as those encountered in meteorology, aerospace vehicle development, general fluid engineering and biofluid analysis) CFD tools for engineering become increasingly important for predicting safety, performance and cost. This paper presents the author's perspective on the maturity of CFD, especially from an aerospace engineering point of view.

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Industry Stock Returns Prediction Using Neural Networks (신경망을 이용한 산업주가수익율의 예측)

  • Kwon, Young-Sam;Han, In-Goo
    • Asia pacific journal of information systems
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    • v.9 no.3
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    • pp.93-110
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    • 1999
  • The previous studies regarding the stock returns have advocated that industry effects exist over entire industry. As the industry categories are more rigid, the demand for predicting the industry sectors is rapidly increasing. The advances in Artificial Intelligence and Neural Networks suggest the feasibility of a valuable computational model for stock returns prediction. We propose a sector-factor model for predicting the return on industry stock index using neural networks. As a substitute for the traditional models, neural network model may be more accurate and effective alternative when the dynamics between the underlying industry features are not well known or when the industry specific asset pricing equation cannot be solved analytically. To assess the potential value of neural network model, we simulate the resulting network and show that the proposed model can be used successfully for banks and general construction industry. For comparison, we estimate models using traditional statistical method of multiple regression. To illustrate the practical relevance of neural network model, we apply it to the predictions of two industry stock indexes from 1980 to 1995.

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Predicting Selling Price of First Time Product for Online Seller using Big Data Analytics

  • Deora, Sukhvinder Singh;Kaur, Mandeep
    • International Journal of Computer Science & Network Security
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    • v.21 no.2
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    • pp.193-197
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    • 2021
  • Customers are increasingly attracted towards different e-commerce websites and applications for the purchase of products significantly. This is the reason the sellers are moving to different internet based services to sell their products online. The growth of customers in this sector has resulted in the use of big data analytics to understand customers' behavior in predicting the demand of items. It uses a complex process of examining large amount of data to uncover hidden patterns in the information. It is established on the basis of finding correlation between various parameters that are recorded, understanding purchase patterns and applying statistical measures on collected data. This paper is a document of the bottom-up strategy used to manage the selling price of a first-time product for maximizing profit while selling it online. It summarizes how existing customers' expectations can be used to increase the sale of product and attract the attention of the new customer for buying the new product.

Application of Markov Chains and Monte Carlo Simulations for Pavement Construction Engineering

  • Nega, Ainalem;Gedafa, Daba
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1043-1050
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    • 2022
  • Markov chains and Monte Carlo Simulation were applied to account for the probabilistic nature of pavement deterioration over time using data collected in the field. The primary purpose of this study was to evaluate pavement network performance of Western Australia (WA) by applying the existing pavement management tools relevant to WA road construction networks. Two approaches were used to analyze the pavement networks: evaluating current pavement performance data to assess WA State Road networks and predicting the future states using past and current pavement data. The Markov chains process and Monte Carlo Simulation methods were used to predicting future conditions. The results indicated that Markov chains and Monte Carlo Simulation prediction models perform well compared to pavement performance data from the last four decades. The results also revealed the impact of design, traffic demand, and climate and construction standards on urban pavement performance. This study recommends an appropriate and effective pavement engineering management system for proper pavement design and analysis, preliminary planning, future pavement maintenance and rehabilitation, service life, and sustainable pavement construction functionality.

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Development of an ANN based Model for Predicting Scattering Asbestos Concentration during Demolition Works (인공신경망 기반 석면 해체·제거작업 후 비산 석면 농도 예측 모델 개발)

  • Kim, Do-Hyun;Kim, Min-Soo;Lee, Jae-Woo;Han, SeungWoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.11a
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    • pp.53-54
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    • 2022
  • There is an increasing demand for prediction of asbestos concentration which has an fatal effect on human body. While demolishing asbestos, the dust scatters and makes workers be exposed to danger. Up to this date, however, factors that particularly influences have not considered in predicting asbestos concentration. Most of the studies could not quantify the distribution of asbestos. Also, they did not use nominal data on buildings as important factors. Therefore, this study aims to build an asbestos concentration prediction model by quantifying distribution of asbestos and using nominal data of buildings based on Artificial Neural Network (ANN). This model can give significant contribution of improving the safety of workers and be useful for finding effective ways to demolish asbestos in planning.

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