• Title/Summary/Keyword: Demand Forecasting Model

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A Prediction of Nutrition Water for Strawberry Production using Linear Regression

  • Venkatesan, Saravanakumar;Sathishkumar, VE;Park, Jangwoo;Shin, Changsun;Cho, Yongyun
    • International journal of advanced smart convergence
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    • v.9 no.1
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    • pp.132-140
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    • 2020
  • It is very important to use appropriate nutrition water for crop growth in hydroponic farming facilities. However, in many cases, the supply of nutrition water is not designed with a precise plan, but is performed in a conventional manner. We proposes a forecasting technique for nutrition water requirements based on a data analysis for optimal strawberry production. To do this, the proposed forecasting technique uses linear regression for correlating strawberry production, soil condition, and environmental parameters with nutrition water demand for the actual two-stage strawberry production soil. Also, it includes predicting the optimal amount of nutrition water requires according to the heterogeneous cultivation environment and variety by comparing the amount of nutrition water needed for the growth and production of different kinds of strawberries. We suggested study uses two types of section beds that are compared to find out the best section bed production of strawberry growth. The dataset includes 233 samples collected from a real strawberry greenhouse, and the four predicted variables consist of the total amounts of nutrition water, average temperature, humidity, and CO2 in the greenhouse.

Estimation of city gas demand function using time series data (시계열 자료를 이용한 도시가스의 수요함수 추정)

  • Lee, Seung-Jae;Euh, Seung-Seob;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.22 no.4
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    • pp.370-375
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    • 2013
  • This paper attempts to estimate the city gas demand function in Korea over the period 1981-2012. As the city gas demand function provides us information on the pattern of consumer's city gas consumption, it can be usefully utilized in predicting the impact of policy variables such as city gas price and forecasting the demand for city gas. We apply lagged dependent variable model and ordinary least square method as a robust approach to estimating the parameters of the city gas demand function. The results show that short-run price and income elasticities of the city gas demand are estimated to be -0.522 and 0.874, respectively. They are statistically significant at the 1% level. The short-run price and income elasticities portray that demand for city gas is price- and income-inelastic. This implies that the city gas is indispensable goods to human-being's life, thus the city gas demand would not be promptly adjusted to responding to price and/or income change. However, long-run price and income elasticities reveal that the demand for city gas is price- and income-elastic in the long-run.

An Analysis on the Preference and Use-Demand Forecasting of Bus Information (버스정보의 선호도 및 이용수요 예측에 관한 연구)

  • Lee, Won Gyu;Jung, Hun Young
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.6D
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    • pp.791-799
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    • 2008
  • To build the system which has high utilization and usefulness for users, it is necessary to know the information type and use-demand that the use want. The purpose of this study is to forecast the preference and demand of utilization for bus information when bus information is offered through cellular phon. The accomplishments of this research are as follow : Firstly, importance on the level of individual factor and the value of change's figure can be evaluated, using preference analysis on bus information by conjoint analysis. Secondly, by establishing the use-demand model bus information using binary logit model, influence factor on whether or not the use of the user. Finally, ordered probit model was built by use behavior model in payment per call or per month of potential user of bus information. Through call times and sensitive analysis by payment methods, elasticity point, optimal payment fee, and use probability was analyzed. This study make application as basic to efficient bus information policy and to improve use rate of bus information in future because this study make it possible to get preference analysis, use-demand analysis and estimation of optimal payment fee which is reflecting various requirement in use of bus information user.

Model Specification and Estimation Method for Traveler's Mode Choice Behavior in Pusan Metropolitan Area (부산광역권 교통수단선택모형의 정립과 모수추정에 관한 연구)

  • Kim, Ik-Ki;Kim, Kang-Soo;Kim, Hyoung-Chul
    • Journal of Korean Society of Transportation
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    • v.23 no.3 s.81
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    • pp.7-19
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    • 2005
  • Mode choice Analysis is essential analysis stage in transportation demand forecasting process. Therefore, methods for calibration and forecasting of mode choice model in aspect of practical view need to be discussed in depth. Since 1980s, choice models, especially Logit model, are spread widely and rapidly over academic area, research institutes and consulting firms in Korea like other developed countries in the world. However, the process of calibration and parameter estimation for practical application was not clearly explained in previous papers and reports. This study tried to explain clearly the calibration process of mode choice step by step and suggested a forecasting mode choice model that can be applicable in real policy analysis by using household survey data of Pusan metropolitan are. The study also suggested a way of estimating attributes which was not observed during the household survey commonly such as travel time and cost of unchosen alternative modes. The study summarized the statistical results of model specification for four different Logit models as a process to upgrade model capability of explanation for real traveler's choice behaviors. By using the analysis results, it also calculated the value of travel time and compared them with the values of other previous studies to test reliability of the estimated model.

An Analysis on Determinants of the Capesize Freight Rate and Forecasting Models (케이프선 시장 운임의 결정요인 및 운임예측 모형 분석)

  • Lim, Sang-Seop;Yun, Hee-Sung
    • Journal of Navigation and Port Research
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    • v.42 no.6
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    • pp.539-545
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    • 2018
  • In recent years, research on shipping market forecasting with the employment of non-linear AI models has attracted significant interest. In previous studies, input variables were selected with reference to past papers or by relying on the intuitions of the researchers. This paper attempts to address this issue by applying the stepwise regression model and the random forest model to the Cape-size bulk carrier market. The Cape market was selected due to the simplicity of its supply and demand structure. The preliminary selection of the determinants resulted in 16 variables. In the next stage, 8 features from the stepwise regression model and 10 features from the random forest model were screened as important determinants. The chosen variables were used to test both models. Based on the analysis of the models, it was observed that the random forest model outperforms the stepwise regression model. This research is significant because it provides a scientific basis which can be used to find the determinants in shipping market forecasting, and utilize a machine-learning model in the process. The results of this research can be used to enhance the decisions of chartering desks by offering a guideline for market analysis.

Developing Trip Generation Models Considering Land Use Characteristics (토지이용 특성을 반영한 통행발생모형 추정 연구)

  • Song, Jae-In;Na, Seung-Won;Choo, Sang-Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.10 no.6
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    • pp.126-139
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    • 2011
  • In the traditional four-step travel demand models, each step is sequentially conducted following the model estimation at the previous step. The accuracy of the following model is partly dependent on whether the model at the former stage was properly established or not. Therefore, trip generation, which is the first step in this conventional model, has great effects on the modeling process and forecasting results. Linear regression models for trip generation of Seoul Metropolitan Area might increase the forcasting errors, since a variety of land-use characteristics are not considered. Hence, in this study, zonal factors such as socioeconomic and land use variables are included to improve the elaboration of trip generation. Comparing the %RMSE with the existing models, which contain bigger errors in the zones highly based on the secondary and tertiary industries than residence-based, the trip generation models including those variables seem more appropriate overall.

The Simulation and Forecast Model for Human Resources of Semiconductor Wafer Fab Operation

  • Tzeng, Gwo-Hshiung;Chang, Chun-Yen;Lo, Mei-Chen
    • Industrial Engineering and Management Systems
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    • v.4 no.1
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    • pp.47-53
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    • 2005
  • The efficiency of fabrication (fab) operation is one of the key factors in order for a semiconductor manufacturing company to stay competitive. Optimization of manpower and forecasting manpower needs in a modern fab is an essential part of the future strategic planing and a very important to the operational efficiency. As the semiconductor manufacturing technology has entered the 8-inch wafer era, the complexity of fab operation increases with the increase of wafer size. The wafer handling method has evolved from manual mode in 6-inch wafer fab to semi-automated or fully automated factory in 8-inch and 12-inch wafer fab. The distribution of manpower requirement in each specialty varied as the trend of fab operation goes for downsizing manpower with automation and outsourcing maintenance work. This paper is to study the specialty distribution of manpower from the requirement in a typical 6-inch, 8-inch to 12-inch wafer fab. The human resource planning in today’s fab operation shall consider many factors, which include the stability of technical talents. This empirical study mainly focuses on the human resource planning, the manpower distribution of specialty structure and the forecast model of internal demand/supply in current semiconductor manufacturing company. Considering the market fluctuation with the demand of varied products and the advance in process technology, the study is to design a headcount forecast model based on current manpower planning for direct labour (DL) and indirect labour (IDL) in Taiwan’s fab. The model can be used to forecast the future manpower requirement on each specialty for the strategic planning of human resource to serve the development of the industry.

Modeling the Distribution Demand Estimation for Urban Rail Transit (퍼지제어를 이용한 도시철도 분포수요 예측모형 구축)

  • Kim, Dae-Ung;Park, Cheol-Gu;Choe, Han-Gyu
    • Journal of Korean Society of Transportation
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    • v.23 no.2
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    • pp.25-36
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    • 2005
  • In this study, we suggested a new approach method forecasting distribution demand of urban rail transit usign fuzzy control, with intend to reflect irregularity and various functional relationship between trip length and distribution demand. To establish fuzzy control model and test this model, the actual trip volume(production, attraction and distribution volume) and trip length (space distance between a departure and arrival station) of Daegu subway line 1 were used. Firstly, usign these data we established a fuzzy control model, nd the estimation accuracy of the model was examined and compared with that of generalized gravity model. The results showed that the fuzzy control model was superior to gravity model in accuracy of estimation. Therefore, wwe found that fuzzy control was able to be applied as a effective method to predict the distribution demand of urban rail transit. Finally, to increase the estimation precision of the model, we expect studies that define membership functions and set up fuzzy rules organized with neural networks.

Estimating Travel Demand by Using a Spatial-Temporal Activity Presence-Based Approach (시.공간 활동인구 추정에 의한 통행수요 예측)

  • Eom, Jin-Ki
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.163-174
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    • 2008
  • The conventional four-step travel demand model is still widely used as the state-of-practice in most transportation planning agencies even though it does not provide reliable estimates of travel demand. In order to improve the accuracy of travel demand estimation, implementing an alternative approach would be critical as much as acquiring reliable socioeconomic and travel data. Recently, the role of travel demand model is diverse to satisfy the needs of microscopic analysis regarding various policies of travel demand management and traffic operations. In this context, the activity-based approach for travel demand estimation is introduced and a case study of developing a spatial-temporal activity presence-based approach that estimates travel demand through forecasting number of people present at certain place and time is accomplished. Results show that the spatial-temporal activity presence-based approach provides reliable estimates of both number of people present and trips actually people made. It is expected that the proposed approach will provide better estimates and be used in not only long-term transport plans but short-term transport impact studies with respect to various transport policies. Finally, in order to introduce the spatial-temporal activity presence-based approach, the data such as activity-based travel diary and land use based on geographic information system are essential.

Effects of Macroeconomic Conditions and External Shocks for Port Business: Forecasting Cargo Throughput of Busan Port Using ARIMA and VEC Models

  • Nam, Hyung-Sik;D'agostini, Enrico;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.46 no.5
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    • pp.449-457
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    • 2022
  • The Port of Busan is currently ranked as the seventh largest container port worldwide in terms of cargo throughput. However, port competition in the Far-East region is fierce. The growth rate of container throughput handled by the port of Busan has recently slowed down. In this study, we analyzed how economic conditions and multiple external shocks could influence cargo throughput and identified potential implications for port business. The aim of this study was to build a model to accurately forecast port throughput using the ARIMA model, which could incorporate external socio-economic shocks, and the VEC model considering causal variables having long-term effects on transshipment cargo. Findings of this study suggest that there are three main areas affecting container throughput in the port of Busan, namely the Russia-Ukraine war, the increased competition for transshipment cargo of Chinese ports, and the weaker growth rate of the Korean economy. Based on the forecast, in order for the Port of the Port of Busan to continue to grow as a logistics hub in Northeast-Asia, policy intervention is necessary to diversify the demand for transshipment cargo and maximize benefits of planned infrastructural investments.