• Journal of Korean Society of Industrial and Systems Engineering
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• v.47 no.2
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• pp.155-167
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• 2024

Distribution and logistics industries contribute some of the biggest GDP(gross domestic product) in South Korea and the number of related companies are quarter of the total number of industries in the country. The number of retail tech companies are quickly increased due to the acceleration of the online and untact shopping trend. Furthermore, major distribution and logistics companies try to achieve integrated data management with the fulfillment process. In contrast, small and medium distribution companies still lack of the capacity and ability to develop digital innovation and smartization. Therefore, in this paper, a deep learning-based demand forecasting & recommendation model is proposed to improve business competitiveness. The proposed model is developed based on real sales transaction data to predict future demand for each product. The proposed model consists of six deep learning models, which are MLP(multi-layers perception), CNN(convolution neural network), RNN(recurrent neural network), LSTM(long short term memory), Conv1D-BiLSTM(convolution-long short term memory) for demand forecasting and collaborative filtering for the recommendation. Each model provides the best prediction result for each product and recommendation model can recommend best sales product among companies own sales list as well as competitor's item list. The proposed demand forecasting model is expected to improve the competitiveness of the small and medium-sized distribution and logistics industry.

• Proceedings of the KIEE Conference
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• 2001.05a
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• pp.233-235
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• 2001

This paper deals with frequency control of demand users that have power plants by under-frequency relay. The demand users supply electrical power to a part of their loads by their power plants and to other rest of their loads by utility. While electrical power supply is stopped by faults of utility network, the system of demand users network is separated from total power system and their system frequency goes below normal limits. In this paper, this situation and the effect of under-frequency relay application are simulated by EMTDC.

• The Journal of Industrial Distribution & Business
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• v.10 no.1
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• pp.19-27
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• 2019

Purpose - The purpose of the paper is to examine disconnection between supply and demand shipping market, which means shipowner has determined to raise capacity in bust period. Research design, data, and methodology - The research method to be applied is first to look into conceptual theory about shipping market, and then to study imbalance of supply and demand situations in shipping on crisis, and next, to analyses paradoxical aspects traced. Results - Shipping market is a volatile and cyclic characteristics, and its situations have to be examined very carefully. Since financial crisis has broken up in 2008, it is natural to think that world trade volumes has reduced rapidly, which means demand for shipping service has fallen, and accordingly, tonnage should be stagnated as well. However, shipping companies have put capacity into market as unexpectedly. This is because of economy of scale and time lag. Here, this can be explained in terms of paradox that is proved in this paper. Conclusions - From careful research in this paper, it is found that supply and demand are not always got along with market situations, in other words supply side could be working well, in spite of depression time of demand situations in world shipping markets.

• Journal of Navigation and Port Research
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• v.39 no.2
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• pp.115-123
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• 2015

This study focused on the alternative to estimate the demand of employment in Kenya logistics. First of all, it investigated the importance and necessity of search about the present circumstance of the country's industry. Next, it reviewed respectively the concept and limitation of several previous models for employment, including Bureau of Labor Statistics, USA; ROA, Netherlands; IER (Institute for Employment Research), UK; and IAB, Germany. In regard to the demand forecasting of employers in logistics, it could anticipate more realistically the future demand by the time-lag approach. According to the findings, if value of output record 733,080 KSH million in 2015 and 970,640 in 2020, compared to 655,222 in 2013, demand on wage employment in logistics industry would be reached up to 95,860 in 2015 and 104,329 in 2020, compared to about 89,600 in 2012. To conclude, this study showed the more rational numbers about the demand forecasting of employment than the previous researches and displayed the systematic approach to estimate industry manpower in logistics.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.754-756
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• 2005

This paper describes a comprehensive set of the reviewed several baseline techniques for demand savings calculations. Major difference exist in the demand savings calculations due to different baseline methods. In this paper, we review the existing baseline techniques and investigate several thought-provoking issues.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.17 no.2
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• pp.609-625
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• 2023

This study is a demand research for the selection of public safety science and technology equipment and suggests an empirical research method. The technology demand survey is the beginning of the selection of innovative technology. And it is the basis of collecting information required for the technology required in the market and helping to apply it to the field. The demand survey for police science and technology can reduce the uncertainty of crime prevention and help the smooth implementation of security policies. However, in Korea, adoption of security science and technology equipment was centered on social issues or researchers' opinions rather than the demands of field users. Until, there was no research has been conducted on the demands of field police officers for selection of security science and technology equipment in Korea. Also, there was no preferential study for the demand for security science and technology equipment. Therefore, this study proposes a methodology that can systematically identify the needs for the technology and equipment of field experts suitable for the public security situation for the selection of security science and technology equipment. Specifically, we propose a sample design for a technology classification system and a survey tool for technology awareness and satisfaction. It is expected that this tool will provide a classification system for security science and technology equipment selected for the Korean police and will help determine the priority of equipment suitable for the field.

• Asia-Pacific Journal of Business
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• v.15 no.1
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• pp.239-256
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• 2024

Purpose - The purpose of this study was to examine the main determinants of the gap between housing demand and house affordability. Design/methodology/approach - This study used the micro-level data of 60,043 households from Korea Housing-Finance Corporation by covering the period 2011 to 2022. Findings - First, the trend of general housing demand showed a higher figure in the future demand than in current demand. And such a tendency showed in all types of households, a relative young, low income, and single households. In the case of current housing demand, it has increased by 2022 from the beginning of 2013, while the future demand has rapidly increased from 2020. Second, although the house affordability showed a higher figure in current housing demand by 2019, its trend changed to be higher in future housing demand from 2020 by a rapid decreasing affordbility in current demand. In the case of young householders, the current house affordability was higher than that of future. The figure of low income householders was below 1 point in both periods, and house affordability of single householders showed a similar level in both periods. which showed over 1 point. Third, financial regulation on housing markets induced th widening of the gap between housing demand and house affordability, and such a trend is much atronger in the future(potential) gap of demand and affordability. More specifically, the strengthen financial regulation leaded to the widening of the gap in all types of households, a relative young, low income, and single households. Research implications or Originality - The effect of financial regulation is necessary to consider under the features of each households.

• 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.

• Journal of Environmental Impact Assessment
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• v.24 no.5
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• pp.487-498
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• 2015

The energy problem has occurred because of the effects of rising temperature and growing population and GDP. Prediction for the energy demand is required to respond these problems. Therefore, this study will predict heating and cooling energy consumption in residential sector to be helpful in energy demand management, particularly heating and cooling energy demand management. The AIM/end-use model was used to estimate energy consumption, and service demand was needed in the AIM/end-use model. Service demand was estimated on the basis of formula, and energy consumption was estimated using the AIM/end-use model. As a result, heating and cooling service demand tended to increase in 2050. But in energy consumption, heating decreased and cooling increased.

• Proceedings of the KIEE Conference
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• 1996.07b
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• pp.902-904
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• 1996

In this paper, we proposed the reasonable design standard and countermeasures of Demand Factor for large office buildings, that was made by the statistical way considering actual conditions, such as investicated electric equipment capacity, electric power consumption, etc. So as to save electric equipment investment, the decrease of power loss, the improvement of facilities utilization and the decrease of electric rates, we can be contributed by the application of the design standard. The result of saving effect is showed to confirm the practical use of the proposed Demand Factor, and also, it is believed that this proposed Demand Factor will be useful in electric equipment operation and planning.