• Title/Summary/Keyword: supply and demand forecasting

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Prospecting the Market of the Modular Housing Using the Nonlinear Forecasting Models (비선형 예측모형을 활용한 모듈러주택 시장전망)

  • Park, Nam-Cheon;Kim, Kyoon-Tai;Kim, In-Moo;Kim, Seok-Jong
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.6
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    • pp.631-637
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    • 2014
  • Recently, following the application of modular housing techniques to not only residential sector, but also to business sector, the scope of modular housing market b expanding. In the case of other developed countries, such markets are entering into the maturity stage, though the market in Korea is not fully formed yet. Thus, it is difficult to check its trend to estimated mid- to long-term prospects of the market. In this context, the study predicted demand of the modular housing market by using a non-linear prediction model based on time series analysis. To get the prospects for the modular housing market, the quantity of housing supply was estimated based on the estimated quantity of newly built housings, and assumed that a portion of the supplied quantity would be the demand for modular housings. Based on the assumption of demand for modular housings, several scenarios were analyzed and the prospects of the modular housing market was obtained by utilizing the non-linear prediction model.

Dynamic Reserve Estimating Method with Consideration of Uncertainties in Supply and Demand (수요와 공급의 불확실성을 고려한 시간대별 순동예비력 산정 방안)

  • Kwon, Kyung-Bin;Park, Hyeon-Gon;Lyu, Jae-Kun;Kim, Yu-Chang;Park, Jong-Keun
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.11
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    • pp.1495-1504
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    • 2013
  • Renewable energy integration and increased system complexities make system operator maintain supply and demand balance harder than before. To keep the grid frequency in a stable range, an appropriate spinning reserve margin should be procured with consideration of ever-changing system situation, such as demand, wind power output and generator failure. This paper propose a novel concept of dynamic reserve, which arrange different spinning reserve margin depending on time. To investigate the effectiveness of the proposed dynamic reserve, we developed a new short-term reliability criterion that estimates the probability of a spinning reserve shortage events, thus indicating grid frequency stability. Uncertainties of demand forecast error, wind generation forecast error and generator failure have been modeled in probabilistic terms, and the proposed spinning reserve has been applied to generation scheduling. This approach has been tested on the modified IEEE 118-bus system with a wind farm. The results show that the required spinning reserve margin changes depending on the system situation of demand, wind generation and generator failure. Moreover the proposed approach could be utilized even in case of system configuration change, such as wind generation extension.

The Future Requirements and Supply of Opticians in Korea (우리나라 안경사 인력의 수급전망과 정책방향)

  • Oh, Youngho
    • Journal of Korean Ophthalmic Optics Society
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    • v.15 no.4
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    • pp.398-404
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    • 2010
  • Purpose: Concerns had been voiced about an oversupply of optometrists in Korea. So, this study aimed to forecast the supply and demand for opticians for policy implications. Methods: Baseline Projection model combined with demographic method was adopted as the supply forecasting method and so was a ratio method using the number of physician and population using weight of healthcare utilization. Results: Under the 'physician to optician ratio', there would be a surplus of 83~700 opticians in 2010 and an undersupply of 15 to surplus of 6,118 opticians in 2025. Under the 'population to optician ratio', there would be a surplus of 1,055 opticians in 2010 and surplus of 9,376 opticians in 2025. Conclusions: We concluded that there would be oversupply for opticians until 2025, although the shortage and surplus of opticians might depend on the ratio's criteria. Hence, policies would need to be developed that could solve the imbalance in requirements and supply for opticians.

Design For System Algorithm for Implement Machine Socialization Environment (DDNS 기반 가정 에너지 관리 시스템 설계)

  • Lee, Chun-Hui;Kim, Wung-Jun;Jung, Hoe-Kyung
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2015.05a
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    • pp.629-631
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    • 2015
  • Recently, the actual demand for electricity usage to out of demand forecasting demand appears to be based on the power of Government to address the insecurity is there are a lot of efforts on a more efficient energy management. In 2011, the first major outage, blackout since the current rate of no more than 10% of our power plants, such as power supply and demand crisis is being repeated. In addition, energy management systems, the demand for care and social areas are being expanded. In this paper, Building power supply and wired/wireless router and to optimize the DDNS (Dynamic Domain Name Service) for remote control and monitoring device for electric consumption Presonal Energy Management System offers a way to implement it. In the future, remote control and access the user's can minimize the settings for additional research is needed.

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Oil Price Forecasting : A Markov Switching Approach with Unobserved Component Model

  • Nam, Si-Kyung;Sohn, Young-Woo
    • Management Science and Financial Engineering
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    • v.14 no.2
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    • pp.105-118
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    • 2008
  • There are many debates on the topic of the relationship between oil prices and economic growth. Through the repeated processes of conformations and contractions on the subject, two main issues are developed; one is how to define and drive oil shocks from oil prices, and the other is how to specify an econometric model to reflect the asymmetric relations between oil prices and output growth. The study, thus, introduces the unobserved component model to pick up the oil shocks and a first-order Markov switching model to reflect the asymmetric features. We finally employ unique oil shock variables from the stochastic trend components of oil prices and adapt four lags of the mean growth Markov Switching model. The results indicate that oil shocks exert more impact to recessionary state than expansionary state and the supply-side oil shocks are more persistent and significant than the demand-side shocks.

Labor market forecasts for Information and communication construction business (정보통신공사업 인력수급차 분석 및 전망)

  • Kwak, Jeong Ho;Kwun, Tae Hee;Oh, Dong-Suk;Kim, Jung-Woo
    • Journal of Internet Computing and Services
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    • v.16 no.2
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    • pp.99-107
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    • 2015
  • In this era of smart convergent environment wherein all industries are converged on ICT infrastructure and industries and cultures come together, the information and communication construction business is becoming more important. For the information and communication construction business to continue growing, it is very important to ensure that technical manpower is stably supplied. To date, however, there has been no theoretically methodical analysis of manpower supply and demand in the information and communications construction business. The need for the analysis of manpower supply and demand has become even more important after the government announced the road map for the development of construction business in December 2014 to seek measures to strengthen the human resources capacity based on the mid- to long-term manpower supply and demand analysis. As such, this study developed the manpower supply and demand forecast model for the information and communications construction business and presented the result of manpower supply and demand analysis. The analysis suggested that an overdemand situation would arise since the number of graduates of technical colleges decreased beginning 2007 because of fewer students entering technical colleges and due to the restructuring and reform of departments. In conclusion, it cited the need for the reeducation of existing manpower, continuous upgrading of professional development in the information and communications construction business, and provision of various policy incentives.

전자산업의 서비스부품에 대한 국제로지스틱스 연구

  • 김태현
    • Journal of Distribution Research
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    • v.1 no.2
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    • pp.141-172
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    • 1996
  • This study is to investigate global logistics strategies of Korean electronics companies. in terms of service parts. According to the survey, Korean electronics companies were pursuing multi-level global logistics network such as global, continental, national, regional and service center echelon for improving the efficiency of service parts global logistics. Especially there was a tendency of developing new continental distribution centers. And the companies were exploiting efficiency through inventory control by multi-level echelon, demand forecasting by the product life cycle and supply and service lead time management. But there were some insufficient factors for the efficiency of global logistics operation at the construction of worldwide real time logistics information system and pursuit of the efficiency on the whole network including subcontractors. For the future competitive advantage of the Korean electronics companies, the following are suggested: 1) the establishment of arranged logistics channel adjusting each company's global strategy, 2) the construction of worldwide real time logistics information system, 3) the reengineering of all logistics procedures such as order processing, shipping, inventory control, etc., 4) the enhancement of the ratio of the supply from the external companies and the internal manufacturing subsidiaries at each continent, 5) and the pursuit of operational internalization of external subcontractors.

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A study on a forecasting the demand for the future mobile communication service by integrating the mobile communication technology (이동통신기술과의 연관성을 고려한 차세대 이동통신서비스의 수요예측에 관한 연구)

  • 주영진;김선재
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.74-78
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    • 2003
  • In this paper, we have developed a technology-service relationship model which describes the diffusion process of a group of services and relevant technologies, and have applied the developed model to the prediction of the number of subscribers to the next generation mobile service. The technology-service relationship model developed in this paper incorporates the developing process of relevant technologies, a supply-side factor, into the diffusion process of specific services, while many diffusion models and multi-generation diffusion models in previous researches are mainly reflect the demand-side factors. So, the proposed model could effectively applied to the telecommunication services where the developing of the relevant technologies are very essential to the service penetration. In our application, the proposed model provides a competitive substitution between the next generation mobile service and the traditional mobile service.

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A Study on a Forecasting the Demand for the Future Mobile Communication Service by Integrating the Mobile Communication Technology (이동통신기술과의 연관성을 고려한 차세대 이동통신서비스의 수요예측에 관한 연구)

  • 주영진;김선재
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.1
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    • pp.87-99
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    • 2004
  • In this paper, we have developed a technology-service relationship model which describes the diffusion process of a group of services and relevant technologies, and have applied the developed model to the prediction of the number of subscribers to the next generation mobile service. The technology-service relationship model developed in this paper incorporates the developing process of relevant technologies, a supply-side factor, into the diffusion process of specific services, while many diffusion models and multi-generation diffusion models in previous researches are mainly reflect the demand-side factors. So, the proposed model could effectively applied to the telecommunication services where the developing of the relevant technologies are very essential to the service Penetration. In our application, the Proposed model provides a competitive substitution between the next generation mobile service and the traditional mobile service.

An Inventory Management System usins Fuzzy Neural Network (퍼지 신경망을 이용한 재고관리 시스템)

  • 허철회;정환묵
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2001.12a
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    • pp.27-30
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    • 2001
  • A inventory management system of the manufacturing industry has a model of different kinds according to the objective and the situation. A inventory management system needs superior system technique in demand forecast, economical efficiency, reliability and application for stable supply of the finished goods, the raw materials and the parts. This paper proposes a demand forecast method based on fuzzy structured neural network, which uses min-operation and trapezoid membership function of fuzzy rules. So we can have an intelligent inventory management system for optimized decision-making of forecasting data with expert's opinion in fuzzy environment. This inventory management system used an intelligence agent and it could be adapted to asystemenvironmentchangeinorder.

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