• Title/Summary/Keyword: Demand Forecasting Model

Search Result 461, Processing Time 0.037 seconds

KTX Passenger Demand Forecast with Intervention ARIMA Model (개입 ARIMA 모형을 이용한 KTX 수요예측)

  • Kim, Kwan-Hyung;Kim, Han-Soo
    • Journal of the Korean Society for Railway
    • /
    • v.14 no.5
    • /
    • pp.470-476
    • /
    • 2011
  • This study proposed the intervention ARIMA model as a way to forecast the KTX passenger demand. The second phase of the Gyeongbu high-speed rail project and the financial crisis in 2008 were analyzed in order to determine the effect of time series on the opening of a new line and economic impact. As a result, the financial crisis showed that there is no statistically significant impact, but the second phase of the Gyeongbu high-speed rail project showed that the weekday trips increased about 17,000 trips/day and the weekend trips increased about 26,000 trips/day. This study is meaningful in that the intervention explained the phenomena affecting the time series of KTX trip and analyzed the impact on intervention of time series quantitatively. The developed model can be used to forecast the outline of the overall KTX demand and to validate the KTX O/D forecasting demand.

Forecasting the consumption of dairy products in Korea using growth models

  • Jaesung, Cho;Jae Bong, Chang
    • Korean Journal of Agricultural Science
    • /
    • v.48 no.4
    • /
    • pp.987-1001
    • /
    • 2021
  • One of the most critical issues in the dairy industry, alongside the low birth rate and the aging population, is the decrease in demand for milk. In this study, the consumption trends of 12 major dairy products distributed in Korea were predicted using a logistic model, the Gompertz model, and the Bass diffusion model, which are representative S-shaped growth models. The 12 dairy products are fermented milk (liquid type, cream type), butter, milk powder (modified, whole, skim), liquid milk (market, flavored), condensed milk, cheese (natural, processed), and cream. As a result of the analysis, the growth potential of butter, condensed milk, natural cheese, processed cheese, and cream consumption among the 12 dairy products is relatively high, whereas the growth of the remaining dairy product consumption is expected to stagnate or decrease. However, butter and cream are by-products of the skim milk powder manufacturing process. Therefore, even if the consumption of butter and cream grows, it is difficult to increase the demand of domestic milk unless the production of skim milk powder produced from domestic milk is also increased. Therefore, in order to support the domestic dairy industry, policy support should be focused on increasing domestic milk usage for the production of condensed milk, natural cheese, and processed cheese.

Establishing a Demand Forecast Model for Container Inventory in Liner Shipping Companies (정기선사의 컨테이너 재고 수요예측모델 구축에 대한 연구)

  • Jeon, Jun-woo;Jung, Kil-su;Gong, Jeong-min;Yeo, Gi-tae
    • Journal of Korea Port Economic Association
    • /
    • v.32 no.4
    • /
    • pp.1-13
    • /
    • 2016
  • This study attempts to establish a precise forecast model for the container inventory demand of shipping companies through forecasts based on equipment type/size, ports, and weekly system dynamics. The forecast subjects were Shanghai and Yantian Ports. Only dry containers (20, 40) and high cubes (40) were used as the subject container inventory in this study due to their large demand and valid data computation. The simulation period was from 2011 to 2017 and weekly data were used, applying the actual data frequency among shipping companies. The results of the model accuracy test obtained through an application of Mean Absolute Percentage Error (MAPE) verified that the forecast model for dry 40' demand, dry 40' high cube demand, dry 20' supply, dry 40' supply, and dry 40' high cube supply in Shanghai Port provided an accurate prediction, with $0%{\leq}MAPE{\leq}10%$. The forecast model for supply and demand in Shanghai Port was otherwise verified to have relatively high prediction power, with $10%{\leq}MAPE{\leq}20%$. The forecast model for dry 40' high cube demand and dry 20' supply in Yantian Port was accurate, with $0%{\leq}MAPE{\leq}10%$. The forecast model for supply and demand in Yantian Port was generally verified to have relatively high prediction power, with $10%{\leq}MAPE{\leq}20%$. The forecast model in this study also had relatively high accuracy when compared with the actueal data managed in shipping companies.

A study on demand forecasting for Jeju-bound tourists by travel purpose using seasonal ARIMA-Intervention model (계절형 ARIMA-Intervention 모형을 이용한 여행목적 별 제주 관광객 수 예측에 관한 연구)

  • Song, Junmo
    • Journal of the Korean Data and Information Science Society
    • /
    • v.27 no.3
    • /
    • pp.725-732
    • /
    • 2016
  • This study analyzes the number of Jeju-bound tourists according to travellers' purposes. We classify the travellers' purposes into three categories: "Rest and Sightseeing", "Leisure and Sport", and "Conference and Business". To see an impact of MERS outbreak occurred in May 2015 on the number of tourists, we fit seasonal ARIMA-Intervention model to the monthly arrivals data from January 2005 to March 2016. The estimation results show that the number of tourists for "Leisure and Sport" and "Conference and Business" were significantly affected by MERS outbreak whereas arrivals for "Rest and Sightseeing" were little influenced. Using the fitted models, we predict the number of Jeju-bound tourists.

Forecasting the Evolution of Demand for the Large Sized Television of Next Generation Using Conjoint and Diffusion Models (컨조인트와 확산모형을 이용한 차세대 대형 TV의 수요 예측)

  • 이종수;조영상;이정동;이철용
    • Proceedings of the Korea Technology Innovation Society Conference
    • /
    • 2003.11a
    • /
    • pp.87-100
    • /
    • 2003
  • 본 연구는 마케팅 분야에서 주로 사용되는 신제품확산모델(new product diffusion model)들이 기본적인 배스 모형(Bass model)에 기반하여 개별 소비자의 이질성(heterogeneity)을 반영하지 못하고, 제품이 시장에 출시되기 이전 단계에 시장수요를 예측하지 못하는 한계를 극복하기 위한 방법론을 제시하기 위해 진행되었다. 연구에 사용된 방법론을 살펴보면, 먼저 컨조인트(Conjoint) 분석을 통해 제품의 개별 속성들에 대한 소비자의 선호 구조를 파악하고, 이를 통해 추정된 정적(static)인 소비자 효용함수를 시장 및 기술 환경의 변화에 대한 적절한 예측자료와 결합하여 동적(dynamic)인 효용함수로 전환함으로써 시간에 따른 동적(dynamic) 시장 점유율(market share)을 예측하고, 그 결과를 신제품확산모델로부터 도출된 잠재시장(market potential) 추정치와 결합함으로써 신제품의 판매량을 예측한다. 또한 본 연구에서 제시하는 모델을 한국의 30인치 이상 대형TV 시장에 대해 실증적으로 분석하였으며, CRT TV, Projection TV, LCD TV, PDP TV에 대한 시장수요를 예측하였다. 분석 결과, 소비자들은 TV 선택시 화질과 가격에 민감한 반응을 보이는 것을 알 수 있으며, 이를 바탕으로 한 시장 예측 결과, 단기적으로는 가격 경쟁력이 있는 Projection TV가 높은 시장 점유율을 보이지만, 50인치 이상 LCD TV가 상용화될 경우, LCD TV가 다른 TV들보다 상대적으로 많은 판매량을 보일 것으로 예측되었다. 또한 TV 크기에 따른 소비자들의 선택을 살펴본 결과 50∼60인치대에 비해 40인치대 크기의 TV가 많이 판매될 것으로 예상된다.

  • PDF

A Basic Study on Estimation Model Development by Applying Probabilistic Forecasting Method for Determining Optimal Price of Residential Officetel (확률론적 추정 기법을 적용한 주거형 오피스텔의 최적 분양가 산정 모델 개발 기초연구)

  • Jang, Jun-Ho;Kim, Tae-Hui;Ha, Sung-Eun;Son, Ki-Young
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2017.11a
    • /
    • pp.191-192
    • /
    • 2017
  • In response to the economic depression, the demand for fixed rent income has increased according to the easing construction regulations. it caused indiscriminated investment to stakeholders. This leads to oversupply in the multi-family Housing market and increases unsold housing and vacancy rates except specific area such as Gangnam-gu.In order to solve this issue, although studies on the optimization price of apartment houses has been conducted, the study is insufficient regarding on residential officetel. Therefore, the objective is to suggest a basic study on optimal price estimation model development by using probabilistic forecasting method in planning phase. To achieve the objective, first, variables are defined such as expenses, financial costs, income, etc. Second, causal loop diagram is suggested. Third, basic optimization prices estimation model is developed. In the future, this study can be used as one of decision making tools in planning phase of officetel development projects.

  • PDF

Neuro-Fuzzy GMDH Model and Its Application to Forecasting of Mobile Communication (뉴로 - 퍼지 GMDH 모델 및 이의 이동통신 예측문제에의 응용)

  • Hwang, Heung-Suk
    • IE interfaces
    • /
    • v.16 no.spc
    • /
    • pp.28-32
    • /
    • 2003
  • In this paper, the fuzzy group method data handling-type(GMDH) neural networks and their application to the forecasting of mobile communication system are described. At present, GMDH family of modeling algorithms discovers the structure of empirical models and it gives only the way to get the most accurate identification and demand forecasts in case of noised and short input sampling. In distinction to neural networks, the results are explicit mathematical models, obtained in a relative short time. In this paper, an adaptive learning network is proposed as a kind of neuro-fuzzy GMDH. The proposed method can be reinterpreted as a multi-stage fuzzy decision rule which is called as the neuro-fuzzy GMDH. The GMDH-type neural networks have several advantages compared with conventional multi-layered GMDH models. Therefore, many types of nonlinear systems can be automatically modeled by using the neuro-fuzzy GMDH. The computer program is developed and successful applications are shown in the field of estimating problem of mobile communication with the number of factors considered.

Forecasting the Demand and Supply and Diagnosing the Shortage of Marine Officer for Korean Coastal Shipping (내항 해기사 인력 수요 및 공급 예측과 인력 부족 진단)

  • Shin, Sang-Hoon;Shin, Yong-John
    • Journal of Korea Port Economic Association
    • /
    • v.40 no.1
    • /
    • pp.15-30
    • /
    • 2024
  • This study examined the current status of the number of ships and marine officers in the coastal shipping in order to successfully solve the problem of the shortage of manpower. Then it forecast the number of costal ships by ship size and the demand of coastal marine officers by applying the crew quota of the Ship Personnel Act. In addition, The supply of manpower was predicted using the Markov model, reflecting the number of turnover and retirements by year, as well as the number of new entrants and incomer from ocean-going shipping. As a result of forecasts, the demand for coastal marine officers is forecast to increase from 6,057 in 2023 to 7,079 in 2030, and the supply is forecast to decrease from 5,771 in 2023 to 5,130 in 2030, showing that the manpower of shortage is worsening. This study analyzed the problem of the shortage of lower-level licensed coastal marine officers and objectively forecast the demand and supply of manpower through quantitative analysis. In order to resolve the manpower shortage, it was proposed to expand the training and supply of 5th and 6th grade low-level licensed coastal marine officers. This study will be able to provide useful data to solve the problem of shortage of manpower for coastal shipping.

Statistical Modeling for Forecasting Maximum Electricity Demand in Korea (한국 최대 전력량 예측을 위한 통계모형)

  • Yoon, Sang-Hoo;Lee, Young-Saeng;Park, Jeong-Soo
    • Communications for Statistical Applications and Methods
    • /
    • v.16 no.1
    • /
    • pp.127-135
    • /
    • 2009
  • It is necessary to forecast the amount of the maximum electricity demand for stabilizing the flow of electricity. The time series data was collected from the Korea Energy Research between January 2000 and December 2006. The data showed that they had a strong linear trend and seasonal change. Winters seasonal model, ARMA model were used to examine it. Root mean squared prediction error and mean absolute percentage prediction error were a criteria to select the best model. In addition, a nonstationary generalized extreme value distribution with explanatory variables was fitted to forecast the maximum electricity.

Application of the Intensity of Use of Mineral Consumption Forecasting (광물자원(鑛物資源) 수요예측(需要豫測) 모형(模型)으로서의 사용강도(使用强度) 방법(方法) 응용(應用))

  • Jeon, Gyoo Jeong
    • Economic and Environmental Geology
    • /
    • v.23 no.4
    • /
    • pp.383-392
    • /
    • 1990
  • This study found that that dynamics of intensity of use and economic theory of derived demand can both be accommodated through an extensive translog demand model. The basic idea in this recognition is that the skewed life cycle empirical pattern of intensity of use plotted against per capita income is of lognormal form and this lognomal intensity of use model can be mathematically transformed into an eqivalent simple translog intensity of use model. Empirical results showed that this extensive traslog model, which is a flexible function and includes both the classical case of fixed coefficients and the dynamic case of varying coefficients of the explanatory variables, gave better forecasts than the original intensity of use model and other conventional models.

  • PDF