• Korean System Dynamics Review
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• v.9 no.1
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• pp.125-141
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• 2008

It is very difficult to predict future demand/supply, price for resources with acceptable accuracy using regression analysis. We try to use system dynamics to forecast the demand/supply and price for nickel. Nickel is very expensive mineral resource used for stainless production or other industrial production like battery, alloy making. Recent nickel price trend showed non-linear pattern and we anticipated the system dynamic method will catch this non-linear pattern better than the regression analysis. Our model has been calibrated for the past 6 year quarterly data (2002-2007) and tested for next 5 year quarterly data(2008-2012). The results were acceptable and showed higher accuracy than the results obtained from the regression analysis. And we ran the simulations for scenarios made by possible future changes in demand or supply related variables. This simulations implied some meaningful price change patterns.

• Management Science and Financial Engineering
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• v.19 no.1
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• pp.1-10
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• 2013

Hierarchical forecasting strategy does not always outperform direct forecasting strategy. The performance generally depends on demand features. This research guides the use of the alternative forecasting strategies according to demand features. This paper developed and evaluated various classification models such as logistic regression (LR), artificial neural networks (ANN), decision trees (DT), boosted trees (BT), and random forests (RF) for predicting the relative performance of the alternative forecasting strategies for the South Korean navy's spare parts demand which has non-normal characteristics. ANN minimized classification errors and inventory costs, whereas LR minimized the Brier scores and the sum of forecasting errors.

• Proceedings of the Korean Society of Agricultural Engineers Conference
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• 2000.10a
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• pp.175-180
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• 2000

The purposes of this study were to determine an algorithm for estimating agricultural water demand of remote sites using remote sensing data and to apply it to Hwanghae South Province and estimate the present and potential water demand for agriculture use. 3 Landsat-5 TM images and DEM(100${\times}$100mm) were used for classification of the existing land cover and land suitability analysis for paddy fields. Also, 20 years meteorological data of North Korea were used for calculating the potential evapotranspiration by Blaney-Criddle eq. and net water demand. The results showed that the present and potential agricultural water demand and the developable area for paddy fields is about 89,300㏊.

• Proceedings of the KIEE Conference
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• summer
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• pp.1260-1262
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• 2004

Direct Load Control(DLC) system is a load management program for stablization of electric power supply-demand. It is a series of acts limiting the demand of selected demand side at peak load or other time periods. Recently, power supply-demand instability due to dramatic increase in power usage such as summertime air-conditioning load has brought forecasts of decrease in power supply capability. Therefore heightening the load factor through systematic load management, in other words, Direct Load Control became necessary. By examining the composition and operation of the DLC system, this paper provides conceptional understanding of the DLC system and help in system research.

• Research in Mathematical Education
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• v.23 no.2
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• pp.63-92
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• 2020

Student engagement in high-level, cognitively demanding instruction is pivotal for student learning. However, many teachers are unable to maintain such instruction, especially in instances of non-responsive students. This case study of three middle school teachers explores prompts that aim to move classroom discussions past student silence. Prompt sequences were categorized into Progressing, Focusing, and Redirecting Actions, and then analyzed for maintenance of high levels of cognitive demand. Results indicate that specific prompt types are prone to either raise or diminish the cognitive demand of a discussion. While Focusing Actions afforded students opportunities to process information on a more meaningful level, Progressing Actions typically lowered cognitive demand in an effort to get through mathematics content or a specific method or procedure. Prompts that raise cognitive demand typically start out as procedural or concrete and progress to include students' thoughts or ideas about mathematical concepts. This study aims to discuss five specific implications on how teachers can use prompting techniques to effectively maintain cognitively challenging discourse through moments of student silence.

• Knowledge Management Research
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• v.6 no.2
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• pp.23-47
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• 2005

This study is performed the multinomial logistic regression with the officials needs level about a component of knowledge administration for drawing a demand estimation model in the knowledge administration activities. This study is not that an activity and domain of knowledge administration is to apply and to operate uniformly it in public sector, one is suggested an application with a demand diagnose of knowledge administration in order to saw a course of the knowledge administration programs to suit a function and role of public administration. A result of this study is that an activity and domain of the knowledge administration is different from a component of it namely, knowledge creating, knowledge organizing, knowledge sharing and distribution, knowledge utility, and knowledge store. And the officials individual characteristics, administration agency, a kind of business, and a function and role of work are different from demand of knowledge administration. Also, the practical use of KMS (knowledge management system) is not so high in public sector. Accordingly, the tools of knowledge administration will deliberate on a consolidation with the existing system in the device.

• Food Science and Industry
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• v.50 no.4
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• pp.2-11
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• 2017

The external factors of global flavor market include the world economy, population growth, urbanization, consumer spending, raw material availability, pricing, and regulatory issues. And the internal factors as product pricing and technology development may lie the flavor house's competitiveness and cost considerations. In developing countries, rising preference for packaged food and beverages and increasing personal expenditures will drive demand for flavor market. Increasing consumer demand for natural products, driven in part by health concerns and a desire for transparency in labeling will impact the demand. The increasing demand for salt and sugar reduction will boost demand for flavors to maintain the overall taste. The use of quality and innovative flavors in the beverages and the multifunctional flavors has a positive influence on the global market. The global flavor industry has the presence of several drivers and positive trends, with its future expected to be promising.

• Asia Marketing Journal
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• v.22 no.2
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• pp.1-18
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• 2020

We estimate a choice-based aggregate demand model accounting for consumers' consideration sets, and study its implications on market structure. In contrast to past research, we model and estimate consumer demand using aggregate-level consumer browsing data in addition to aggregate-level choice data. The use of consumer browsing data allows us to study consumer demand in a realistic setting in which consumers choose from a subset of products. We calibrate the proposed model on both data sets, avoid biases in parameter estimates, and compute the price elasticity measures. As an empirical application, we estimate consumer demand in the camcorder category and study its implications on market structure. The proposed model predicts a limited consumer price response and offers a more discriminating competitive landscape from the one assuming universal consideration set.

• Journal of Korean Society of Forest Science
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• v.81 no.2
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• pp.124-138
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• 1992

This study was carried out to estimate long-term demand functions, and to project consumption of roundwood to the year 2030, using time series data for the period 1970-1990. Especially, the unique features of this study are in the estimation of demand functions for roundwood by species group and by end-use with help of dummy variables. It also, attempts to show how dummy variables can be utilized for improving the estimation result. The result of this study reveals that hardwood roundwood consumption is being substituted by softwood roundwood due to the rapid increase in the relative price of softwood, and this trend is expected to continue in the near future. The consumption of roundwood by mining industry is projected to fall as the coal :mining is expected to decline. The parametric estimates of timber demand function by species group and by end-use indicate that the demand for timber in Korea is more responsive to the performance of domestic economy as a whole, represented by GDP in this study, than to other variables such as own and substitute prices. The effects of population growth and substitute prices could not be determined.

• Journal of Korea Water Resources Association
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• v.45 no.11
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• pp.1187-1199
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• 2012

A hybrid forecasting scheme based on wavelet decomposition coupled to a support vector machine model is presented for water demand series that exhibit nonlinear behavior. The use of wavelet transform followed by the SVM model of each leading component is explored as a model for water demand data. The proposed forecasting model yields better results than a traditional ARIMA time series forecasting model in terms of self-prediction problem as well as reproducing the properties of the observed water demand data by making use of the advantages of wavelet transform and SVM model. The proposed model can be used to substantially and significantly improve the water demand forecasting and utilized in a real operation.