• 제목/요약/키워드: Demand Variability

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3-D Dynamic groundwater-river interaction modeling incorporating climate variability and future water demand

  • Hong, Yoon-Seok Timothy;Thomas, Joseph
    • 한국수자원학회:학술대회논문집
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    • 한국수자원학회 2008년도 학술발표회 논문집
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    • pp.67-74
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    • 2008
  • The regional-scale transient groundwater-river interaction model is developed to gain a better understanding of the regional-scale relationships and interactions between groundwater and river system and quantify the residual river flow after groundwater abstraction from the aquifers with climate variability in the Waimea Plains, New Zealand. The effect of groundwater abstraction and climate variability on river flows is evaluated by calculating river flows at the downstream area for three different drought years (a 1 in 10 drought year, 1 in 20 drought year, and 1 in 24 drought year) and an average year with metered water abstraction data. The effect of future water demand (50 year projection) on river flows is also evaluated. A significant increase in the occurrence of zero flow, or very low flow of 100 L/sec at the downstream area is predicted due to large groundwater abstraction increase with climate variability. Modeling results shows the necessity of establishing dynamic cutback scenarios of water usage to users over the period of drought conditions considering different climate variability from current allocation limit to reduce the occurrence of low flow conditions at the downstream area.

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A Variability Analysis on the Flatfish Production and Revenue using Expectation Hypotheses and GARCH Model

  • Yoon, Hyung-Mo;Yoon, Ji-Young
    • 수산경영론집
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    • 제48권2호
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    • pp.1-17
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    • 2017
  • This work studies the variability of flatfish sales revenue. The theoretical analysis draws functions for equilibrium price and quantity using expectation hypotheses. The functions include unpredictable phenomenon with dummy variable and GARCH. The equilibrium function, using adaptive expectation hypothesis, contains the independent variables of supply and demand, while the equilibrium function, embodying rational expectation hypothesis, includes only the independent variables of supply side, because the demand side disappears by the information extraction process theoretically, if economic subjects build the expectation rational. The empirical analysis shows: the variability of flatfish production has a spillover effect on the variability of revenue with the adaptive expectation hypothesis. In the case when the model has a rational expectation hypothesis, the variability of flatfish production has a spillover effect on the revenue (the mean equation of GARCH model). This study indicates that there is the variability in flatfish production and sales revenue, and the spillover effect between them. The result can help to build of the rational system for the fishery income stability.

How Innovative is a Firm in a Structural Hole Position?

  • Minjung KIM
    • 산경연구논집
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    • 제15권8호
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    • pp.1-12
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    • 2024
  • Purpose: Marketing networks are essential for firms to gain new information and resources, yet their effect on innovation performance under uncertainty remains unclear. This study aims to elucidate the effects of technological and demand variability on the innovation performance of first-tier suppliers, considering different levels of structural holes. It particularly explores how structural holes moderate the relationship between uncertain factors and innovation performance. Research design, data and methodology: To assess the hypotheses, a survey was conducted with the first-tier suppliers. The survey targeted internal networks and the relationships between manufacturers, suppliers, and subsuppliers. Structural equation modeling was employed to validate the hypotheses using measures from previous research. Results: The findings indicate that the impact of technological uncertainty and demand variability on innovation performance varies based on the extent of structural holes in the network. Conclusions: This study provides both theoretical and practical insights for distribution channels, highlighting the competitive advantage of interfirm networks in uncertain conditions. However, the focus on the engineering industry may limit the generalizability of the findings. Future research should explore a broader range of industries to improve result applicability.

음이항분포의 특성을 이용한 조달기간 수요 분석 (Diagnosis of Lead Time Demand Based on the Characteristics of Negative Binomial Distribution)

  • 안선응;김우현
    • 산업경영시스템학회지
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    • 제28권2호
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    • pp.146-151
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    • 2005
  • Some distributions have been used for diagnosing the lead time demand distribution in inventory system. In this paper, we describe the negative binomial distribution as a suitable demand distribution for a specific retail inventory management application. We here assume that customer order sizes are described by the Poisson distribution with the random parameter following a gamma distribution. This implies in turn that the negative binomial distribution is obtained by mixing the mean of the Poisson distribution with a gamma distribution. The purpose of this paper is to give an interpretation of the negative binomial demand process by considering the sources of variability in the unknown Poisson parameter. Such variability comes from the unknown demand rate and the unknown lead time interval.

음이항분포의 특성을 이용한 조달기간 수요 분석 (Diagnosis of Lead Time Demand Based on the Characteristics of Negative Binomial Distribution)

  • 안선응;김우현
    • 산업경영시스템학회지
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    • 제28권4호
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    • pp.79-84
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    • 2005
  • Some distributions have been used for diagnosing the lead time demand distribution in inventory system. In this paper, we describe the negative binomial distribution as a suitable demand distribution for a specific retail inventory management application. We here assume that customer order sizes are described by the Poisson distribution with the random parameter following a gamma distribution. This implies in turn that the negative binomial distribution is obtained by mixing the mean of the Poisson distribution with a gamma distribution. The purpose of this paper is to give an interpretation of the negative binomial demand process by considering the sources of variability in the unknown Poisson parameter. Such variability comes from the unknown demand rate and the unknown lead time interval.

Parametric study on probabilistic local seismic demand of IBBC connection using finite element reliability method

  • Taherinasab, Mohammad;Aghakouchak, Ali A.
    • Steel and Composite Structures
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    • 제37권2호
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    • pp.151-173
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    • 2020
  • This paper aims to probabilistically evaluate performance of two types of I beam to box column (IBBC) connection. With the objective of considering the variability of seismic loading demand, statistical features of the inter-story drift ratio corresponding to the second, fifth and eleventh story of a 12-story steel special moment resisting frames are extracted through incremental dynamic analysis at global collapse state. Variability of geometrical variables and material strength are also taken into account. All of these random variables are exported as inputs to a probabilistic finite element model which simulates the connection. At the end, cumulative distribution functions of local seismic demand for each component of each connection are provided using histogram sampling. Through a parametric study on probabilistic local seismic demand, the influence of some geometrical random variables on the performance of IBBC connections is demonstrated. Furthermore, the probabilistic study revealed that IBBC connection with widened flange has a better performance than the un-widened flange. Also, a design procedure is proposed for WF connections to achieve a same connection performance in different stories.

혁신채택 및 확산이론의 통신방송융합(위성DMB) 서비스 수요추정 응용 (Applications of Innovation Adoption and Diffusion Theory to Demand Estimation for Communications and Media Converging (DMB) Services)

  • 송영화;한현수
    • 경영과학
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    • 제22권1호
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    • pp.179-197
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    • 2005
  • This study examines market acceptance for DMB service, one of the touted new business models in Korea's next-generation mobile communications service market, using adoption end diffusion of innovation as the theoretical framework. Market acceptance for DMB service was assessed by predicting the demand for the service using the Bass model, and the demand variability over time was then analyzed by integrating the innovation adoption model proposed by Rogers (2003). In our estimation of the Bass model, we derived the coefficient of innovation and coefficient of imitation, using actual diffusion data from the mobile telephone service market. The maximum number of subscribers was estimated based on the result of a survey on satellite DMB service. Furthermore, to test the difference in diffusion pattern between mobile phone service and satellite DMB service, we reorganized the demand data along the diffusion timeline according to Rogers' innovation adoption model, using the responses by survey subjects concerning their respective projected time of adoption. The comparison of the two demand prediction models revealed that diffusion for both took place forming a classical S-curve. Concerning variability in demand for DMB service, our findings, much in agreement with Rogers' view, indicated that demand was highly variable over time and depending on the adopter group. In distinguishing adopters into different groups by time of adoption of innovation, we found that income and lifestyle (opinion leadership, novelty seeking tendency and independent decision-making) were variables with measurable impact. Among the managerial variables, price of reception device, contents type, subscription fees were the variables resulting in statistically significant differences. This study, as an attempt to measure the market acceptance for satellite DMB service, a leading next-generation mobile communications service product, stands out from related studies in that it estimates the nature and level of acceptance for specific customer categories, using theories of innovation adoption and diffusion and based on the result of a survey conducted through one-to-one interviews. The authors of this paper believe that the theoretical framework elaborated in this study and its findings can be fruitfully reused in future attempts to predict demand for new mobile communications service products.

지진기록 선택에 따른 요구지진 하중의 변화 (Variability of Seismic Demand According In the Selection the Earthquake Ground Motion Groups)

  • 황수민;한상환
    • 한국전산구조공학회:학술대회논문집
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    • 한국전산구조공학회 2004년도 봄 학술발표회 논문집
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    • pp.417-422
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    • 2004
  • It is the challenging task to predict seismic demand for structural design. In current seismic design provisions such as UBC, NEHRP, ATC 3-06, the seismic demand is calculated using the response spectrum with response modification factor (R). This paper investigates variability of seismic demand according to selecting the earthquake ground motion groups. Different Earthquake sets used by Miranda, Riddell and Seed selected were used in this study. Earthquake sets selected by authors include 62 sets of near field ground motion and 19 sets one pulse ground motion. Linear Elastic Response Spectrum (LERS), the variation of performance points of calculated by Capacity Spectrum Method (CSM) were considered with respect to the different sets of earthquake ground motions.

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두 계층 공급사슬 모형에서 발주정책에 대한 수요 변동성 영향 (Demand Variability Impact on the Replenishment Policy in a Two-Echelon Supply Chain Model)

  • 김은갑
    • 한국경영과학회지
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    • 제29권3호
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    • pp.111-127
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    • 2004
  • We consider a supply chain model with a make-to-order production facility and a single supplier. The model we treat here is a special case of a two-echelon inventory model. Unlike classical two-echelon systems, the demand process at the supplier is affected by production process at the production facility as well as customer order arrival process. In this paper, we address that how the demand variability impacts on the optimal replenishment policy. To this end, we incorporate Erlang and phase-type demand distributions into the model. Formulating the model as a Markov decision problem, we investigate the structure of the optimal replenishment policy. We also implement a sensitivity analysis on the optimal policy and establish its monotonicity with respect to system cost parameters.

Comparison of Intelligent Charging Algorithms for Electric Vehicles to Reduce Peak Load and Demand Variability in a Distribution Grid

  • Mets, Kevin;D'hulst, Reinhilde;Develder, Chris
    • Journal of Communications and Networks
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    • 제14권6호
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    • pp.672-681
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    • 2012
  • A potential breakthrough of the electrification of the vehicle fleet will incur a steep rise in the load on the electrical power grid. To avoid huge grid investments, coordinated charging of those vehicles is a must. In this paper, we assess algorithms to schedule charging of plug-in (hybrid) electric vehicles as to minimize the additional peak load they might cause. We first introduce two approaches, one based on a classical optimization approach using quadratic programming, and a second one, market based coordination, which is a multi-agent system that uses bidding on a virtual market to reach an equilibrium price that matches demand and supply. We benchmark these two methods against each other, as well as to a baseline scenario of uncontrolled charging. Our simulation results covering a residential area with 63 households show that controlled charging reduces peak load, load variability, and deviations from the nominal grid voltage.