• Proceedings of the Korean Institute of Building Construction Conference
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• 2018.05a
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• pp.332-333
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• 2018

The master plan for aggregate supply and demand aims to ensure the feasibility viability of mid/long-term aggregate supply and demand by establishing comprehensive plans for regional groups and aggregate types. In addition, It will propose ways to reduce the environmental impact of the development of aggregates and to stabilize aggregate supply and demand across the country. Also, it will seek to promote the stable development of the construction industry through policy and related amendments.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2018.05a
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• pp.324-325
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• 2018

Recently, the supply and demand of aggregate in the Southeast region has been disrupted because supply of sea sand decreased due to discontinuation of collecting the EEZ aggregate in the southern sea. This study analyzed the Trends of Supply and Demand of Aggregate in the Southeastern Region of South Korea in order to find a solution these social problem.

• Journal of Korean Institute of Industrial Engineers
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• v.24 no.4
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• pp.475-483
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• 1998

Structural changes in an economy system bring about serious problems in establishing economic policies. The boom of middle-east export, the oil shock, and the recent dollar crisis in Korean economy are such examples. Hence, it is necessary to identify and estimate those structural changes. This study focuses on an output and price and analyzes structural changes in aggregate demand and supply. The aggregate demand and supply structures are described by conventional dynamic simultaneous equations model, where each structural change is represented by dummy variables and estimated by the proposed Bayesian method. By applying this model to Korean output and price, structural changes in the aggregate demand and supply are analyzed.

• Economic and Environmental Geology
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• v.54 no.5
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• pp.515-533
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• 2021

Based on the supply location, demand location, and transportation network, aggregate supply-demand characteristics and aggregate distribution status were analyzed from the results of the closest distance, service areas, and location-allocation scenarios using GIS network analysis. As a result, it was found that the average transport distance of aggregates from the supplier was 6 km on average, the average range of 7 km for sand, and 10 km for gravel was found to reach the destination. In particular, the simulated service area covers about 92% in Seoul-Gyeonggi Province, 85% in Busan-Ulsan-Gyeongnam Province, and more than 90% in Daejeon-Sejong-Chungnam Province. These results have a significant implication in quantitatively interpreting primary data on aggregate supply-demand. Furthermore, these results suggest the possibility of a wide-area quantitative analysis of aggregate supply regions necessary for establishing a basic aggregate plan. The results also evaluated by the site-allocation scenario show that aggregate supply may be possible through companies less than 200 with large-amounts quarries, which is the 700 companies currently supplying small amounts of aggregates on the country. Therefore, in terms of distribution of aggregates, a policy approach is needed to form an appropriate market for regions with high and low density of aggregate supply services, and the necessity of regional distribution and re-evaluation is suggested through an aggregate supply analysis demand across the country. Furthermore, in analyzing the supply-demand network for the aggregate market, additional research is needed to establish long-term policies for the aggregate industry and related industries.

• Journal of Soil and Groundwater Environment
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• v.22 no.2
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• pp.10-16
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• 2017

Recently, the gap between demand and supply of natural aggregate has increased owing to the depletion of aggregate sources. Therefore, policy support is necessary for the stable supply of aggregate resources. Public and construction works experience problems when they do not receive a steady supply of aggregate. Further, instabilities in aggregate supply lead to increases in aggregate prices, and consequently construction costs. As a result, the likelihood of poor construction using low-grade aggregate increases. It is therefore crucial to put measures in place that deal with these issues. This study aims to reduce the load imposed by aggregate use on the environment by recycling soil dredged from sewage ducts to reduce the gap between supply and demand of fine aggregate. The dredged soil is assessed using an applicability test for quality characteristics and solidification with basic properties. This study aims to secure the safety of dredging soil and solidified objects through interior physical and chemical analyses and to utilize it as a base material for concrete solidification in the future.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2018.05a
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• pp.328-329
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• 2018

The problem of imbalance between supply and demand of fine aggregates in the southeastern region due to the decrease in collection of EEZ(Exclusive Economic Zone) sea sand has been raised. In this paper, the possibility of securing alternative aggregate as a means to solve the problem of fine aggregate shortage in the southeast region was analyzed. As a result of the analysis, the alternative aggregate is easy to manufacture and its quality can be secured. And, it is suitable to use as an aggregate with less environmental burden. In addition, institutional improvement measures are needed for effective utilization and recycling of alternative aggregates.

• Economic and Environmental Geology
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• v.57 no.2
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• pp.161-175
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• 2024

Aggregate typically refers to sand and gravel formed by the transportation of rocks in rivers or artificially crushed, constituting a core resource in the construction industry. Gyeongsangbuk-do, the largest administrative area in South Korea, produces various sources of gravel, including forest, land (excluding other sources), river, and crushed stone. As of 2022, it has extracted approximately 6.96 million cubic meters of aggregate, with permitted production totaling around 4.07 million cubic meters and reported production of about 2.88 million cubic meters. The aggregate demand in Gyeongsangbuk-do is estimated to be 12.39 million cubic meters according to the estimation method in Ready-Mix Concrete. From the supply perspective, about 120 extraction sites are operational, with most municipalities maintaining an appropriate balance between aggregate demand and supply. However, in some areas, there is inbound and outbound transportation of aggregate to neighboring regions. Regions with significant inbound and outbound aggregate transportation in Gyeongsangbuk-do are areas connected to Daegu Metropolitan City and Pohang City along the Gyeongbu rail line, showing a high correlation with population distribution. Gyeongsangbuk-do faces challenges such as population decline, aging rural areas, and insufficient balanced regional development. Analysis using GIS reveals these trends in gravel demand and supply. Currently in this study, Gyeongsangbuk-do meets its demand for aggregate through the supply of various aggregate sources, maintaining stable aggregate procurement. River and terrestrial aggregates may be sustained as short-term supply strategies due to the difficulty of longterm development. Considering the reliance on raw material supply for selective crushing, it suggests the need for raw material management to maintain stability. Gyeongsangbuk-do highlights quarries in the forest as an important resource for sustainable aggregate supply, advocating for the development of large-scale aggregate quarries as a long-term alternative. These research findings are expected to provide valuable insights for formulating strategies for sustainable management and stable utilization of aggregate resources.

• Resources Recycling
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• v.25 no.4
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• pp.80-86
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• 2016

To investigate the current status of aggregate industry in Korea, the law of aggregate gathering, the law of forest management, the aggregate statistics of demand and supply in recent years, and market price of aggregate were reviewed. It is conformed that the forest aggregate industry is developing year by year and leading the industry. In addition, in order to well understanding about aggregate industry, the production system and process of the Whaseong forest aggregate quarry were introduced.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2004.10a
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• pp.371-374
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• 2004

The ultimate purpose of Supply Chain Management (SCM) is maximizing the profits of the overall Supply Chain (SC) through increasing customer satisfaction and decreasing operating cost. It can be successfully accomplished only when SC system balances demands with supply activities coordinated by aggregate planning, mid-term level of Supply Chain Planning(SCP). However, the existing measures to mainly estimate the specific function of SCM are not enough to evaluate the state of SC with respect to the balance between supply and demand in operating. To solve this problem, we develop a new SC performance measure, Balancing Point, using momentum concept. a fundamental knowledge of physics. Momentum concept can explain the relation among objects so that it can consider the balance between supply and demand in SC operating. The developed measure can not only consider the current state of the SC system but also take planned but not executed supply activities and upcoming demands into account. Therefore, using Balancing point, we can be aware of the unbalanced state of SC in advance.

• Asian Journal of Business Environment
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• v.7 no.4
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• pp.5-9
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• 2017

Purpose - Many countries rely on currency depreciation or debt-financed government spending to stimulate their economies. Currency depreciation tends to increase net exports and aggregate demand but reduce short-run aggregate supply due to higher import costs. Debt-financed government spending increases aggregate demand, but the crowding-out effect due to a higher real interest rate may reduce private spending and aggregate demand. Therefore, the net impact of currency depreciation or debt-financed government spending on equilibrium real GDP is unclear. Research design, data, and methodology - This paper examines potential impacts of real depreciation of the ringgit, more government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in Malaysia. Results - Applying the AD/AS model, this paper finds that aggregate output in Malaysia is positively associated with real appreciation during 2005.Q3-2010.Q3, real depreciation during 2010.Q4-2016.Q1, the debt-to-GDP ratio and the real stock price, negatively affected by the real lending rate and inflation expectations, and is not influenced by the real oil price. Conclusions - Real depreciation of the ringgit after 2010. Q3 or sustainable expansionary fiscal policy would be beneficial to the economy.