• Title/Summary/Keyword: Gompertz Growth Model

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Error Structure of Technological Growth Models A Study of Selection Techniques for Technological Forecasting Models

  • Oh, Hyun-Seung;Yim, Dong-Soon;Moon, Gee-Ju
    • Journal of Korean Society for Quality Management
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    • v.23 no.1
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    • pp.95-105
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    • 1995
  • The error structure of nonlinearized technological growth models, such as, the Pearl curve, the Gompertz curve and the Wei bull growth curve, has zero mean and a constant variance over time. Transformed models, however, like the linearized Fisher-Pry model. the linearized Gompertz growth curve, and the linearized Weibull growth curve have increasing variance from t = 0 to the inflection point.

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Predictive Model for Growth of Staphylococcus aureus in Suyuk (수육에서의 Staphylococcus aureus 성장 예측모델)

  • Park, Hyoung-Su;Bahk, Gyung-Jin;Park, Ki-Hwan;Pak, Ji-Yeon;Ryu, Kyung
    • Food Science of Animal Resources
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    • v.30 no.3
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    • pp.487-494
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    • 2010
  • Cooked pork can be easily contaminated with Staphylococcus aureus during carriage and serving after cooking. This study was performed to develop growth prediction models of S. aureus to assure the safety of cooked pork. The Baranyi and Gompertz primary predictive models were compared. These growth models for S. aureus in cooked pork were developed at storage temperatures of 5, 15, and $25^{\circ}C$. The specific growth rate (SGR) and lag time (LT) values were calculated. The Baranyi model, which displayed a $R^2$ of 0.98 and root mean square error (RMSE) of 0.27, was more compatible than the Gompertz model, which displayed 0.84 in both $R^2$ and RMSE. The Baranyi model was used to develop a response surface secondary model to indicate changes of LT and SGR values according to storage temperature. The compatibility of the developed model was confirmed by calculating $R^2$, $B_f$, $A_f$, and RMSE values as statistic parameters. At 5, 15 and $25^{\circ}C$, $R^2$ was 0.88, 0.99 and 0.99; RMSE was 0.11, 0.24 and 0.10; $B_f$ was 1.12, 1.02 and 1.03; and $A_f$ was 1.17, 1.03 and 1.03, respectively. The developed predictive growth model is suitable to predict the growth of S. aureus in cooked pork, and so has potential in the microbial risk assessment as an input value or model.

A Study on the Revitalization Pattern of Industry in Decline: Focusing on Korean Shoe Industry

  • LEE, Kang-Sun;CHOI, Kyu-Jin;KANG, Sung-Wook;CHO, Dae-Myeong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.4
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    • pp.75-90
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    • 2022
  • Purpose - This study aims to study the activation pattern of declining industries by applying the Gompertz growth model using available resources based on the theory of industrial life cycle, classifying declining industries among Korean manufacturing industries, and identifying resource input characteristics. Research design and methodology - This study was conducted by combining the Gompertz growth model that predicts the limit of output based on available resources under the industrial life cycle theory. Using Gompertz model, this study analyzed the life cycle of 39 Korean manufacturing industries from the perspective of domestic production, number of employees, and fixed assets Results - According to a life cycle analysis of 39 manufacturing industries in Korea, the computer, textile, and shoe industries were classified as declining industries. Among them, research on resource input characteristics on the shoe industry showed that domestic production and the number of employees decreased, while the proportion of domestic R&D personnel and the number of research departments gradually increased. Conclusion - Among the declining industries in Korea, the shoe industry is considered to revitalize the industry, that is, to extend the life of the declining industry by offshoring its production site and improving constitution with a "R&D center for global" support.

Analysis of the Corporate Life Cycle using the Gompertz Model Focused on Korean Pharmaceutical Longevity Companies

  • Kyu-Jin, CHOI;Kang-Sun, LEE;Sung-Wook, KANG;Dae-Myeong, CHO
    • The Journal of Economics, Marketing and Management
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    • v.11 no.1
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    • pp.31-44
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    • 2023
  • Purpose: This study aims to figure out the characteristics of corporate life cycle and resource input in terms of the sustainability diagnosis of pharmaceutical companies in Korea. Research design, data, and methodology: Using the Gompertz model under the assumption that companies have finite resources, this study tries quantitative interpretation of life cycle and resource input pattern for longevity companies with 25 years of experience among 158 pharmaceutical companies listed on Korean stock market based on maturity of revenue. Results: The study found revenue maturity through Gompertz model was statistically correlated with enterprise value. According to the life cycle analysis, more than 95% of 59 pharmaceutical companies were in the growth and maturity phase and have an average life cycle of 88 years and an average remaining life of 52 years. Regarding maturity profile of resource input, maturity of employees was generally high more than 60% and this meant there was jobless growth in Korean pharmaceutical industry. Conclusion: This study demonstrated there is a high statistical correlation between the maturity of a company's resource input and its revenue and enterprise value. It is believed that these results could be utilized as a basis for high fidelity function that predict revenue and enterprise value based on resource input information.

Growth of Ammodytes personatus in Korean waters 1, Daily Growth Increment, Early Growth and Spawning Time in Juvenile Stage (까나리, Ammodytes personatus의 성장 1. 치어의 일령, 초기성장 및 산란시기)

  • KIM Yeong Hye;KANG Yong Joo;RYU Dong Ki
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.32 no.5
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    • pp.550-555
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    • 1999
  • The growth and spawning time of juvenile Ammodytes personatus were analyzed based on the daily growth increment in otolith reading of the sample caught in the coastal waters of Shinsudo, Sacheon from March 20 to May 1, 1988. Daily growth increment in otolith was formed once a day. The estimated spawning time ranged from November, 1987 to March, 1988. The von Bertalanffy growth model and the Gompertz growth model were expressed as, $TL=87.80(1-e^{-0.0074(t+10.79)})$ and $TL=72.59 e^{-1.8417\;e-0.0152t}$ respectively, where TL is total length in mm, t is age in day.

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Estimation of Diameter and Height Growth Equations Using Environmental Variables (환경인자를 이용한 직경 및 수고생장 모형 추정)

  • Lee, Sang-Hyun
    • Journal of Korean Society of Forest Science
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    • v.98 no.3
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    • pp.351-356
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    • 2009
  • This study purposed to judge potential possibility of building highly precise empirical model using environmental variables. Environmental variables such as altitude, mean annual rainfall, mean annual temperature and organic matter ratio of soil were added to height and diameter model for Chamaecyparis obtusa, and examined accuracy and residuals of prediction model. Improvement in precision was found for the Gompertz polymorphic height model by including mean temperature and altitude as independent variables, while the Gompertz diameter model with annual rainfall and altitude was showed improvement of precision and accuracy. Comparing the improvement of precision between the model before adding environmental variables and the model after adding them, an improvement or some ratio was obtained though it is not obvious. Therefore, there is enough proof that adding environmental variables, which can be easily acquired relatively when considering the difficulties of measurement and budget, into the model as independent variables would improve the accuracy and precision of growth models.

A Study on Technological Forecasting of Next-Generation Display Technology (차세대 디스플레이 기술의 예측에 관한 연구)

  • Nam, Ki-Woong;Park, Sang-Sung;Shin, Young-Geun;Jung, Won-Gyo;Jang, Dong-Sik
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.10
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    • pp.2923-2934
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    • 2009
  • This paper presents study on technological forecasting of Next-Generation Display technology. Next-Generation Display technology is one of the emerging technologies lately. So databases on patent documents of this technology were analyzed first. And patent analysis was performed for finding out present technology trend. And the forecast for this technology was made by growth curves which were obtained from forecast models using patent documents. In previous study, Gompertz, Logistic, Bass were used for forecasting diffusion of demand in market. Gompertz, Logistic models which were often used for technological forecasting, too. So, two models were applied in this study. But Gompertz, Logistic models only consider internal effect of diffusion. And it is difficult to estimate maximum value of growth in two models. So, Bass model which considers both internal effect and external effect of diffusion was also applied. And maximum value of growth in Gompertz, Logistic models was estimated by Bass model.

A Case Study on Reliability Growth Analysis for a missile System composed of All-Up-Round Missile and Launcher (유도탄 및 발사체계로 구성된 유도무기체계의 신뢰도 성장 분석 사례 연구)

  • Jo, Boram
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.2
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    • pp.329-335
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    • 2019
  • Reliability growth analysis was conducted for a guided weapons system. In the development phase, reliability management activities were continuously carried out by identifying failure modes and causes and analyzing faults found during the testing. The missile system consists of an all-up-round missile and a launcher, and the analysis was carried out according to the test results of each system. The test results for the all-up-round missile were obtained with discrete data, which were success and failure as a one-shot-device. The test results for the launcher were obtained with continuous data by operating the equipment continuously in the test. For each test result, the reliability growth model was applied to the Standard Gompertz model and the Crow-Extended model. The models were used to identify the growth analysis results of the test so far. It was also possible to predict the reliability growth results by assuming the future test results. The study results could be useful in achieving the desired reliability goal and in determining the number of tests. Then, the planned test will be confirmed and the growth analysis of the missile system will continuously be conducted.

Selection of Survival Models for Technological Development (기술발전에 따른 생존모형 선정)

  • Oh, H.S.;Kim, C.S.;Rhee, H.K.;Yim, D.S.;Cho, J.H.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.4
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    • pp.184-191
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    • 2009
  • In a technological driven environment, a depreciation estimate which is based on traditional life analysis results in a decelerated rate of capital recovery. This time pattern of technological growths models needs to be incorporated into life analysis framework especially in those industries experiencing fast technological changes. The approximation technique for calculating the variance can be applied to the six growth models that were selected by the degree of skewness and the transformation of the functions. For the Pearl growth model, the Gompertz growth model, and the Weibull growth model, the errors have zero mean and a constant variance over time. However, transformed models like the linearized Fisher-Pry model, the linearized Gompertz growth model, and the linearized Weibull growth model have increasing variance from zero to that point at which inflection occurs. It can be recommended that if the variance of error over time is increasing, then a transformation of observed data is appropriate.

Forecasting the consumption of dairy products in Korea using growth models

  • Jaesung, Cho;Jae Bong, Chang
    • Korean Journal of Agricultural Science
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    • v.48 no.4
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    • pp.987-1001
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    • 2021
  • One of the most critical issues in the dairy industry, alongside the low birth rate and the aging population, is the decrease in demand for milk. In this study, the consumption trends of 12 major dairy products distributed in Korea were predicted using a logistic model, the Gompertz model, and the Bass diffusion model, which are representative S-shaped growth models. The 12 dairy products are fermented milk (liquid type, cream type), butter, milk powder (modified, whole, skim), liquid milk (market, flavored), condensed milk, cheese (natural, processed), and cream. As a result of the analysis, the growth potential of butter, condensed milk, natural cheese, processed cheese, and cream consumption among the 12 dairy products is relatively high, whereas the growth of the remaining dairy product consumption is expected to stagnate or decrease. However, butter and cream are by-products of the skim milk powder manufacturing process. Therefore, even if the consumption of butter and cream grows, it is difficult to increase the demand of domestic milk unless the production of skim milk powder produced from domestic milk is also increased. Therefore, in order to support the domestic dairy industry, policy support should be focused on increasing domestic milk usage for the production of condensed milk, natural cheese, and processed cheese.