• Proceedings of the KSR Conference
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• 2007.05a
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• pp.1931-1936
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• 2007

Demand forecasting for railroad traffic is fairly important to establish future policy and plan. The future demand of railroad traffic can be predicted by analyzing the demand of air, marine and bus traffic which influence the demand of railroad traffic. In this study, forecasting the demand of railroad traffic is implemented through neural network using the demand of air, marine and bus traffic. Estimate accuracy of the demand of railroad traffic was shown about 84% through neural net model proposed.

• Journal of Korean Society of Water and Wastewater
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• v.20 no.2
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• pp.187-196
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• 2006

Forecasting the long-term water demand is important in the plan of water supply system because the location and capacity of water facilities are decided according to it. To forecast the long-term water demand, the existing method based on lpcd and population has been usually used. But, these days the trend among the variation of water demand has been disappeared, so expressing other variation of it is needed to forecast correct water demand. To accomplish it, we introduced the System Dynamics method to consider total connections of water demand factor. Firstly, the factors connected with water demand were divided into three sectors(water demand, industry, and population sectors), and the connections of factors were set with multiple regression model. And it was compared to existing method. The results are as followings. The correlation efficients are 0.330 in existing model and 0.960 in SD model and MAE are 3.96% in existing model and 1.68% in SD model. So, it is proved that SD model is superior to the existing model. To forecast the long-term water demand, scenarios were made with variations of employment condition, economic condition and consumer price indexes and forecasted water demands in 2012. After all scenarios were performed, the results showed that it was not needed to increase the water supply ability in Seoul.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.4
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• pp.253-259
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• 2017

Recent development in science and technology has modernized the weapon system of ROKN (Republic Of Korea Navy). Although the cost of purchasing, operating and maintaining the cutting-edge weapon systems has been increased significantly, the national defense expenditure is under a tight budget constraint. In order to maintain the availability of ships with low cost, we need accurate demand forecasts for spare parts. We attempted to find consumption pattern using data mining techniques. First we gathered a large amount of component consumption data through the DELIIS (Defense Logistics Intergrated Information System). Through data collection, we obtained 42 variables such as annual consumption quantity, ASL selection quantity, order-relase ratio. The objective variable is the quantity of spare parts purchased in f-year and MSE (Mean squared error) is used as the predictive power measure. To construct an optimal demand forecasting model, regression tree model, randomforest model, neural network model, and linear regression model were used as data mining techniques. The open software R was used for model construction. The results show that randomforest model is the best value of MSE. The important variables utilized in all models are consumption quantity, ASL selection quantity and order-release rate. The data related to the demand forecast of spare parts in the DELIIS was collected and the demand for the spare parts was estimated by using the data mining technique. Our approach shows improved performance in demand forecasting with higher accuracy then previous work. Also data mining can be used to identify variables that are related to demand forecasting.

• ETRI Journal
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• v.18 no.2
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• pp.87-106
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• 1996

This paper proposes a new model as a framework for forecasting demand and technological substitution, which can accommodate different patterns of technological change. This model, which we named, "Adaptive Diffusion Model", is formalized from a conceptual framework that incorporates several underlying factors determining the market demand for technological products. The formulation of this model is given in terms of a period analysis to improve its explanatory power for dynamic processes in the real world, and is described as a continuous form which approximates a discrete derivation of the model. In order to illustrate the applicability and generality of this model, time-series data of the diffusion rates for some typical products in electronics and telecommunications market have been empirically tested. The results show that the model has higher explanatory power than any other existing model for all the products tested in our study. It has been found that this model can provide a framework which is sufficiently robust in forecasting demand and innovation diffusion for various technological products.

• Proceedings of the Korea Water Resources Association Conference
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• 2007.05a
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• pp.1910-1914
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• 2007

This paper employs a relatively new technique of Artificial Neural Network (ANN) to forecast water demand of Daegu city. The ANN model used in this study is a single hidden layer hierarchy model. About seventeen sets of historical water demand records and the values of their socioeconomic impact factors are used to train the model. Also other regression and time serious models are investigated for comparison purpose. The results present the ANN model can better perform the issue of urban water demand forecasting, and obtain the correlation coefficient of $R^2$ with a value of 0.987 and the relative difference less than 4.4% for this study.

• Journal of the Korean Operations Research and Management Science Society
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• v.10 no.1
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• pp.65-78
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• 1985

In this paper, the approach getting a total demand by forecasting the new demand and the replacement demand separately and adding them is used for long term forecasting of durable goods. Cross country analysis using the income as an independent variable and S-shaped growth curve as a fitting model is developed as a method of forecasting new demand. To get the replacement demand the methods using the number of ownership and the replacement rate and the methods using the past demand and the distribution of the product life are proposed. And the theoretical explannation for product life cycle's diversity, which is the one of the major considerations in the long term forecasting, is attempted by the combination of the new demand and the replacement demand patterns. This is applicated the long term forecasting of Korean passenger cars.

• The Transactions of the Korean Institute of Electrical Engineers
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• v.45 no.4
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• pp.511-516
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• 1996

In this paper, weekly maximum power demand forecasting method in consideration of temperature estimation using a time series model was presented. The method removing weekly, seasonal variations on the load and irregularities variation due to unknown factor was presented. The forecasting model that represent the relations between load and temperature which get a numeral expected temperature based on the past 30 years(1961~1990) temperature was constructed. Effect of holiday was removed by using a weekday change ratio, and irregularities variation was removed by using an autoregressive model. The results of load forecasting show the ability of the method in forecasting with good accuracy without suffering from the effect of seasons and holidays. Percentage error load forecasting of all seasons except summer was obtained below 2 percentage. (author). refs., figs., tabs.

• The Journal of Bigdata
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• v.3 no.2
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• pp.59-70
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• 2018

In order to provide stable district heat supplying service to the certain limited residential area, it is the most important to forecast the short-term future demand more accurately and produce and supply heat in efficient way. However, it is very difficult to develop a universal heat demand forecasting model that can be applied to general situations because the factors affecting the heat consumption are very diverse and the consumption patterns are changed according to individual consumers and regional characteristics. In particular, considering all of the various variables that can affect heat demand does not help improve performance in terms of accuracy and versatility. Therefore, this study aims to develop a demand forecasting model using deep learning based on only limited information that can be acquired in real time. A demand forecasting model was developed by learning the artificial neural network of the Tensorflow using past data consisting only of the outdoor temperature of the area and date as input variables. The performance of the proposed model was evaluated by comparing the accuracy of demand predicted with the previous regression model. The proposed heat demand forecasting model in this research showed that it is possible to enhance the accuracy using only limited variables which can be secured in real time. For the demand forecasting in a certain region, the proposed model can be customized by adding some features which can reflect the regional characteristics.

• Environmental and Resource Economics Review
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• v.9 no.2
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• pp.333-347
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• 2000

We employed various econometic methods to estimate the production index elasticity and the price elasticity of elecricity demand in Korea and compared the forecasting power of those methods. Cointegration models (ADL model, Engle-Granger model, Full Informtion Maximum Likelihood method by Johansen and Juselius) and Dynamic OLS by Stock and Watson were considered. The forecasting power test shows that Dynamic OLS has the best forecasting power. According to Dynamic OLS, the production index elasticity and the price elasticity of electricity demand in Korea are 0.13 and -0.40, respectively.

• Proceedings of the KIEE Conference
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• 1998.11a
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• pp.292-294
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• 1998

It is very important for electric utility to expand generating facilities and transmission equipments in accordance with the increase of electricity demand. Regional electricity demand forecasting is among the most important step for long-term investment and power supply planning. The main objectives of this paper are to develop the methodologies for forecasting regional load demand. The Model consists of four models, regional economy, regional electricity energy demand, areal electricity energy demand. and areal peak load demand. This paper mainly suggests regional electricity energy demand model and areal peak load demand. A case study is also presented.