• Journal of the military operations research society of Korea
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• v.15 no.2
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• pp.20-37
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• 1989

A markov chain is used to derive the models for determining the size of persons to be promoted and for conducting the sensitivity analysis of promotion probabilities. To compute the former case a future wastage rate is forecasted by using the double exponential smoothing method. The model for sensitivity analysis is used to simulate the impact of change in graded-size targets and hiring policy on the promotion probabilities.

• Proceedings of the KSR Conference
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• 2001.10a
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• pp.97.1-103
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• 2001

Railway passenger demand forecasts may be used directly, or as inputs to other optimization model which is use the demand forecasts to produce estimates of other activities. The optimization models require demand forecasts at the most detailed level. In this environment exponential smoothing forecasting methods such as Holt-Winters are appropriate because it is simple and inexpensive in terms of computation. There are several initialization methods for Holt-Winters Model. The purpose of this paper is to compare the initialization methods for Holt-Winters model.

• 전기의세계
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• v.31 no.5
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• pp.368-374
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• 1982

This paper describes a combined algorithm for short-term-load forecating. One of the specific features of this algorithm is that the base, weather sensitive and residual components are predicted respectively. The base load is represented by the exponential smoothing approach and residual load is represented by the Box-Jenkins methodology. The weather sensitive load models are developed according to the information of temperature and discomfort index. This method was applied to Korea Electric Company and results for test periods up to three years are given.

• Korea journal of population studies
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• v.23 no.1
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• pp.197-215
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• 2000

이 논문에서는 선형·비선형 성장곡선모형의 종류와 특성을 살펴보고, 이들을 비교·검토하고, 모형선호기준 통계량에 입각하여 추정결과를 비교한다. 또한 최종사용자 환경을 위한 SAS/AF로 구현한 성장곡선모형에 의한 인구예측시스템을 소개한다.

• Journal of the Korean Operations Research and Management Science Society
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• v.16 no.1
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• pp.113-119
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• 1991

The author is currently assistant professor of Management Science at Korea Advanced Institute of Science and Technology, following a few years as assistant professor of Industrial Engineering at Kyung Hee University, Korea. He received his doctorate from the department of Industrial Engineering and Operations Research, University of California, Berkeley. His research interests are time series and forecasting modelling, Bayesian forecasting and the related software development. He is now teaching time series analysis and econometrics at the graduate level.

• Journal of the Ergonomics Society of Korea
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• v.9 no.1
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• pp.3-14
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• 1990

This article develops a cost-effective and accurate measurement system for heart best intervals. The system is composed of an analog to digital (A/D) converter, an IBM personal computer (an 8088 microprocessor, an 8253-5 timer, an 8259A interrupt controller, and memories) and assembler programs for controlling these hardware components. An exponential smoothing algorithm effectively reduced noise effects from A/D converted electrocardiogram (ECG) signals influenced by 60 Hz alternating current (AC). The system can collect 15000 heart beat intervals with an 1/5400 second unit.

• Journal of Advanced Marine Engineering and Technology
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• v.39 no.2
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• pp.179-186
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• 2015

In the indoor location estimation system, which has recently been actively studied, the received signal strength indicator contains a high level of noise when measuring the signal strength in the range between two nodes consisting of a receiver and a transceiver. To minimize the noise level, this paper proposes an improved adaptive smoothing filter that provides different exponential weights to the current value and previous averaged one of the data that were obtained from the nodes, because the characteristic signal attenuation of the received signal strength indicator generally has a log distribution. The proposed method can effectively decrease the noise level by using a feedback filter that can provide different weights according to the noise level of the obtained data and thus increase the accuracy in the distance and location without an additional filter such as the link quality indicator, which can verify the communication quality state to decrease the range errors in the indoor location recognition using ZigBee based on IEEE 802.15.4. For verifying the performance of the proposed improved adaptive smoothing filter, actual experiments are conducted in three indoor locations of different spatial sections. From the experimental results, it is verified that the proposed technique is superior to other techniques in range measurement.

• Journal of Distribution Science
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• v.14 no.11
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• pp.83-90
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• 2016

Purpose - During the last two years, convenient stores (CS) are emerging as one of the most fast-growing retail trades in Korea. The goal of this work is to forecast and to analyze sales at CS using ARIMA-Intervention model (IM) and exponential smoothing method (ESM), together with sales at supermarkets in South Korea. Considering that two retail trades above are homogeneous and comparable in size and purchasing items on off-line distribution channel, individual behavior and characteristic can be detected and also relative superiority of future growth can be forecasted. In particular, the rapid growth of sales at CS is regarded as an everlasting external event, or step intervention, so that IM with season variation can be examined. At the same time, Winters ESM can be investigated as an alternative to seasonal ARIMA-IM, on the assumption that the underlying series shows exponentially decreasing weights over time. In case of sales at supermarkets, the marked intervention could not be found over the underlying periods, so that only Winters ESM is considered. Research Design, Data, and Methodology - The dataset of this research is obtained from Korean Statistical Information Service (1/2010~7/2016) and Survey of Service Trend of Korea Statistics Administration. This work is exploited time series analyses such as IM, ESM and model-fitting statistics by using TSPLOT, TSMODEL, EXSMOOTH, ARIMA and MODELFIT procedures in SPSS 23.0. Results - By applying seasonal ARIMA-Intervention model to sales at CS, the steep and persisting increase can be expected over the next one year. On the other hand, we expect the rate of sales growth of supermarkets to be lagging and tied up constantly in the next 2016 year. Conclusions - Based on 2017 one-year sales forecasts for CS and supermarkets, we can yield the useful information for the development of CS and also for all retail trades. Future study is needed to analyze sales of popular items individually such as tobacco, banana milk, soju and so on and to get segmented results. Furthermore, we can expand sales forecasts to other retail trades such as department stores, hypermarkets, non-store retailing, so that comprehensive diagnostics can be delivered in the future.

• Culinary science and hospitality research
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• v.15 no.2
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• pp.231-242
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• 2009

One of the most crucial information at the hotel banquet is revenue data. Revenue forecast enables cost reduction, increases staffing efficiency, and provides information that helps maximizing competitive advantages in unforeseen environment. This research forecasts the hotel banquet revenue by utilizing ARIMA Model which was assessed as the appropriate forecast model for international researches. The data used for this research was based on the monthly banquet revenue data of G hotel at Seoul. The analysis results showed that SARIMA(2, 1, 3)(0, 1, 1) was finally presumed. This research implied that the ARIMA model, which was assessed as the appropriate forecast model, was applied for analyzing the monthly hotel banquet revenue data. Additionally, the research provides beneficial information with which hotel banquet professionals can utilize as a reference.

• The Korean Journal of Applied Statistics
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• v.29 no.3
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• pp.525-537
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• 2016

The paper considers a hybrid model to analyze and forecast time series data based on an empirical mode decomposition (EMD) that accommodates complex characteristics of time series such as nonstationarity and nonlinearity. We aggregate IMFs using the concept of cumulative energy to improve the interpretability of intrinsic mode functions (IMFs) from EMD. We forecast aggregated IMFs and residue with a hybrid model that combines the ARIMA model and an exponential smoothing method (ETS). The proposed method is applied to forecast KOSPI time series and is compared to traditional forecast models. Aggregated IMFs and residue provide a convenience to interpret the short, medium and long term dynamics of the KOSPI. It is also observed that the hybrid model with ARIMA and ETS is superior to traditional and other types of hybrid models.