• Title/Summary/Keyword: Demand Management

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The Consumer Rationality Assumption in Incentive Based Demand Response Program via Reduction Bidding

  • Babar, Muhammad;Imthias Ahamed, T.P.;Alammar, Essam A.
    • Journal of Electrical Engineering and Technology
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    • v.10 no.1
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    • pp.64-74
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    • 2015
  • Because of the burgeoning demand of the energy, the countries are finding sustainable solutions for these emerging challenges. Demand Side Management is playing a significant role in managing the demand with an aim to support the electrical grid during the peak hours. However, advancement in controls and communication technologies, the aggregators are appearing as a third party entity in implementing demand response program. In this paper, a detailed mathematical framework is discussed in which the aggregator acts as an energy service provider between the utility and the consumers, and facilitate the consumers to actively participate in demand side management by introducing the new concept of demand reduction bidding (DRB) under constrained direct load control. Paper also presented an algorithm for the proposed framework and demonstrated the efficacy of the algorithm by considering few case studies and concluded with simulation results and discussions.

Demand-Side Management Monitoring System of High Efficient End-Use Appliances Considering the Demand-Side Bidding (고효율 기기의 수요자측 입찰을 고려한 수요관리 모니터링 시스템)

  • Shim, Keon-Bo;Kim, Jung-Hoon;Won, Jong-Ryul
    • Proceedings of the KIEE Conference
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    • 2003.07a
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    • pp.68-70
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    • 2003
  • This paper proposes the demand-side management(DSM) monitoring system of high efficient end-use appliances considering demand-side bidding (DSB). The effect on the market propagation of high efficient appliances by demand side bidding is analysed. Seasonal Peak demand forecasting and propagation capacity of these appliances are analysed.

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Methods for a target-oriented travel demand management (목표지향 기종점 교통수요 관리모형연구)

  • Im, Yong-Taek
    • Journal of Korean Society of Transportation
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    • v.27 no.6
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    • pp.167-176
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    • 2009
  • Several travel demand management schemes have been used for controlling overloaded traffics on urban area. To maximize efficiency of the travel management, traffic manager has to set target level that we try to arrive in advance, and then to find optimal variable to attain this goal. In this regard, this paper presents two travel demand management models, expressed by mathematical program, and also presents their solution algorithms. The first is to find optimal travel demand for origin-destination (OD) pair, based on average travel time between the OD pair, and the second is based on the ratio of volume over capacity on congested area. An example is given to test the models.

Demand forecasting for intermittent demand using combining forecasting method (결합 예측 기법을 이용한 간헐 수요에 대한 수요예측)

  • Kwon, Ick-Hyun
    • Journal of the Korea Safety Management & Science
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    • v.18 no.4
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    • pp.161-169
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    • 2016
  • In this research, we propose efficient demand forecasting scheme for intermittent demand. For this purpose, we first extensively analyze the drawbacks of the existing forecasting methods such as Croston method and Syntetos-Boylan approximation, then using these findings we propose the new demand forecasting method. Our goal is to develop forecasting method robust across many situations, not necessarily optimal for a limited number of specific situations. For this end, we adopt combining forecasting method that utilizes unbiased forecasting methods such as simple exponential smoothing and simple moving average. Various simulation results show that the proposed forecasting method performed better than the existing forecasting methods.

Who Uses Travel Websites? A Comparison of Demand Across Websites

  • Yang, Yang;Jiang, Lan
    • Journal of Smart Tourism
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    • v.2 no.3
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    • pp.31-38
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    • 2022
  • Understanding demand for travel websites can help hoteliers better evaluate their own multi-channel distribution and reputation management strategies. In this study, we estimated demand for eight major travel websites based on the user percentage in 3,120 U.S. counties. Results highlighted the importance of four types of factors: sociodemographic, economic, Internet use-related, and travel-related. Differences between websites were also compared based on estimated coefficients. For example, the demand for Expedia.com appeared to be driven by age, education background, income, and foreign travel history, whereas the demand for Hotels.com was driven by the proportion of the African American population and domestic travel history. Lastly, implications are provided.

Power Consumption Management Algorithm Based on OpenADR (OpenADR 기반의 전력사용량 관리 알고리즘)

  • Kim, Jeong-Uk
    • Journal of Institute of Control, Robotics and Systems
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    • v.22 no.12
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    • pp.991-994
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    • 2016
  • This paper presents a load management method based on OpenADR of smart grid. Previous demand side algorithm is restricted on reducing peak power. But, in this paper we suggest a method of performing the energy-saving control according to the power price utilizing building automatic control system installed on the customer side in the case of hourly differential pricing signal is transmitted to the open automated demand response system. And, we showed the integrated demand management software for 3 buildings.

Profit-oriented Impact Analysis of Demand Management Strategy on Design-Build Firms Using System Dynamics

  • Yoo, Wi-Sung
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.2
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    • pp.169-182
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    • 2012
  • In the past, a strategic management of work demands has been increasingly challenged to design-build (DB) firms. Such a management is capable of providing sufficient profitable impact of a project on them. Total project profit is mainly related to actual resources, work completion time, amount of rework, and costs. The degree of recycling work packages in the DB project delivery system is used as a measure of the quality of the performed work. However, there are few models available to evaluate the impact of a demand management strategy on the DB firms and to predict its behavior. We propose a decision-making support model as an aid for assessing the amount of rework and for predicting project profit resulting in a convincible demand management strategy. This model is constructed by using a dynamic feedback approach that can analyze the problems arising in complex managerial systems. For the purpose of illustration, widely acceptable strategies were applied into the model to explore their impacts on the DB firms. The results indicate that the model is helpful for the managers in selecting the most appropriate demand management strategy for successfully achieving their objectives.

The Impact of Demand Features on the Performance of Hierarchical Forecasting : Case Study for Spare parts in the Navy (수요 특성이 계층적 수요예측법의 퍼포먼스에 미치는 영향 : 해군 수리부속 사례 연구)

  • Moon, Seong-Min
    • Korean Management Science Review
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    • v.29 no.1
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    • pp.101-114
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    • 2012
  • The demand for naval spare parts is intermittent and erratic. This feature, referred to as non-normal demand, makes forecasting difficult. Hierarchical forecasting using an aggregated time series can be more reliable to predict non-normal demand than direct forecasting. In practice the performance of hierarchical forecasting is not always superior to direct forecasting. The relative performance of the alternative forecasting methods depends on the demand features. This paper analyses the influence of the demand features on the performance of the alternative forecasting methods that use hierarchical and direct forecasting. Among various demand features variability, kurtosis, skewness and equipment groups are shown to significantly influence on the performance of the alternative forecasting methods.

Database Construction for Electricity Demand-Side Management (전력수요관리 데이터베이스 구축)

  • Park, Jong-Jin;Rhee, Chang-Ho;Kim, Chang-Soo
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.310-312
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    • 2000
  • This paper presents database for electricity demand-side management. Demand-Side Management(DSM) refers to programs that influence the usage of energy for improved economic efficiency and reduced environmental impact DSM can be looked upon as a tool for energy utilities to find resources on the demand side instead of on the supply side, or as a more general tool for society to better use and distribute scarce resources. In this paper, we construct the database for electricity demand-side management and apply it to residential and commercial sector.

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A Study on the Needs Level for a Demand Estimation Model in Knowledge Administration Activities (지식행정 활동의 수요예측 모형을 위한 요구수준 진단)

  • Kim, Gu
    • 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.

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