• Title/Summary/Keyword: Maximum Demand

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Re-estimation of Model Parameters in Growth Curves When Adjusting Market Potential and Time of Maximum Sales (성장곡선 예측 모형의 특성치 보정에 따른 매개변수의 재추정)

  • Park, Ju-Seok;Ko, Young-Hyun;Jun, Chi-Hyuck;Lee, Jae-Hwan;Hong, Seung-Pyo;Moon, Hyung-Don
    • IE interfaces
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    • v.16 no.1
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    • pp.103-110
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    • 2003
  • Growth curves are widely used in forecasting the market demand. When there are only a few data points available, the estimated model parameters have a low confidence. In this case, if some expert opinions are available, it would be better for predicting future demand to adjust the model parameters using these information. This paper proposes the methodology for re-estimation of model parameters in growth curves when adjusting market potential and/or time of maximum sales. We also provide the detailed procedures for five growth curves including Bass, Logistic, Gompertz, Weibull and Cumulative Lognormal models. Applications to real data are also included.

A Study on the Actual Utilization Status of Public Cremation Facilities in Each Metropolitan City by Citizens in the Jurisdiction Area and out of the Jurisdiction Area with the Use of e-Haneul Funeral Information System

  • Choi, Jae-sil;Kim, Jeong-lae
    • International journal of advanced smart convergence
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    • v.8 no.4
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    • pp.121-129
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    • 2019
  • We are based on the results of this study, the policy measures for improving the efficiency of supply & demand policy of public cremation facilities in six metropolitan cities in the whole nation could be suggested as follows. First, when the utilization rate of public cremation facilities by citizents out of the jurisdiction area was lower, the overall demand for cremation was high. Therefore, the supply & demand policy of public cremation facilities should be carried forward by preferentially focusing on Busan Metropolitan City(4.1%) and Daegu Metropolitan City(17.9%) with low utilization rate by citizens out of the jurisdiction area. Second, the utilization variance of public cremation facilities in the whole six metropolitan cities in the whole nation, was insignificant(1.4%). Therefore, for the efficiency of supply & demand policy of cremation facilities in those six metropolitan cities, the customized-policies considering the characteristics of each metropolitan city should be carried forward in priority. Third, on the basis of 2018, the population size of those six metropolitan cities in the whole nation is from minimum 1.15million to maximum 3.39million as a large city, and relatively, they are facing many difficulties in the expansion for supply & demand of cremation facilities. Therefore, for the smooth construction of cremation facilities, it would be necessary to enforce policies that could disperse the demand for cremation through the joint construction of cremation facilities with other local governments close to each metropolitan city.

Modelling of Demand Determinants for Full-Time Bachelor's Degree Programs in Hospitality and Catering: The Case of Ukrainian Higher Education Institutions

  • Povorozniuk, Inna;Neshchadym, Liudmyla;Lytvyn, Oksana;Berbets, Tetiana;Filimonova, Iryna;Zotsenko, Liudmyla;Hushcha, Yevheniia
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.347-357
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    • 2022
  • The aim of the study is to model demand for full-time Bachelor's Degree Programs in Hospitality and Catering, taking into account the influence of the main determinants in the COVID-19 pandemic. The research used methods of algorithms, correlation and regression analysis, ANOVA, graphical method, deduction and induction, abstraction, etc. It was found that the demand for full-time Bachelor's Degree Programs in Hospitality and Catering is price elastic. It has been argued that it is useful to consider both price and non-price determinants when modelling demand for full-time Bachelor's Degree Programs in Hospitality and Catering. It is proved that the main determinants of demand for full-time Bachelor's Degree Programs in Hospitality and Catering are full-time tuition fee, maximum government order, license volume and Consolidated Ranking of a higher education institution (HEI). In this case, the applicant decides to enrol in a full-time Bachelor's Degree Program in Hospitality and Catering, guided by the optimal ratio of tuition fee and the prestige of the HEI.

Measurement-Based Adaptive Statistical Admission Control Scheme for Video-On-Demand Servers (주문형 비디오 서버를 위한 실측 기반 적응형 확률 승인 제어 기법)

  • Kim, In-Hwa;Kim, Jeong-Won;Lee, Seung-Won;Chung, Ki-Dong
    • The Transactions of the Korea Information Processing Society
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    • v.7 no.12
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    • pp.3794-3803
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    • 2000
  • In a Video-on-Demand system, admission control that is used to serve multimedia data efficiently has to be perfonned by an accurate grasp of the condition of surplus resources. Most of all. we need to adaptable admission control mechanism because the disk has irregular response time caused by external elements of disk, and also has high deviation of amount demanded. In previous admission control schemes, they determined whether a new user is granted or not through a theoretical value. Although they based on the measurement, they left much to be desired in dealing with the service state. Measurement ~based statistical admission control scheme, as we su~~ested in this research, perfonns 2 processes of off-line process and on-line process in real service environment. Through this processes, we can grasp the accurate resource state of system and adaptive!y detennine the admission according to circumstances. Therefore, it can guarantee both maximum resource utilization and QoS(Quality of Service). On performance evaluations, we show that the video server can utilize maximum resource utilization with QoS guarantee through precision of perfonnance by measurement and adaptable admission control according to the requested bandwidth.

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A Study on Dynamic Optimization of Time-Of-Use Electricity Rates (계절.시간대별 차등 전기요금의 동태적 최적화에 관한 연구)

  • 김동현;최기련
    • Journal of Energy Engineering
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    • v.5 no.1
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    • pp.87-92
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    • 1996
  • This paper formulates dynamic optimization model for Time-Of-Use Rates when a electric power system consists of three generators and a rating period is divided into three sub-periods. We use Pontryagin's Maximum Principle to derive optimal price and investment policy. Particularly the cross-price elasticities of demand are considered in the objective function. We get the following results. First, the price is equal to short-run marginal cost when the capacity is sufficient. However, if the capacity constraint is active, the capacity cost is included in the price. Therefore it is equal to the long-run marginal cost. Second, The length of rating period affects allocation of capacity cost for each price. Third, the capacity investment in dynamic optimization is proportional to the demand growth rate of electricity. However the scale of investment is affected by not only its own demand growth rate but also that of other rating period.

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An Study of Demand Forecasting Methodology Based on Hype Cycle: The Case Study on Hybrid Cars (기대주기 분석을 활용한 수요예측 연구: 하이브리드 자동차의 사례를 중심으로)

  • Jun, Seung-Pyo
    • Journal of Korea Technology Innovation Society
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    • v.14 no.spc
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    • pp.1232-1255
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    • 2011
  • This paper proposes a model for demand forecasting that will require less effort in the process of utilizing the new product diffusion model while also allowing for more objective and timely application. Drawing upon the theoretical foundation provided by the hype cycle model and the consumer adoption model, this proposed model makes it possible to estimate the maximum market potential based solely on bibliometrics and the scale of the early market, thereby presenting a method for supplying the major parameters required for the Bass model. Upon analyzing the forecasting ability of this model by applying it to the case of the hybrid car market, the model was confirmed to be capable of successfully forecasting results similar in scale to the market potential deduced through various other objective sources of information, thus underscoring the potentials of utilizing this model. Moreover, even the hype cycle or the life cycle can be estimated through direct linkage with bibliometrics and the Bass model. In cases where the hype cycles of other models have been observed, the forecasting ability of this model was demonstrated through simple case studies. Since this proposed model yields a maximum market potential that can also be applied directly to other growth curve models, the model presented in the following paper provides new directions in the endeavor to forecast technology diffusion and identify promising technologies through bibliometrics.

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Performance evaluation facilities and evaluation methods for hydropower equipment (해외 수력발전설비 성능평가설비 및 평가 방법)

  • Kim, Youngjoon;Kim, Yongyeol;Cho, Yong;Ko, Jaemyoung
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.194-194
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    • 2010
  • The variable demand on the energy market, as well as the limited energy storage capabilities, requires a great flexibility in operating hydraulic turbines. But, present in Korea, the absence of testing laboratories and technical criteria for the performance test of small hydropower degrades the efficiency of the domestic hydropower machines, A performance guarantees for hydro turbines shall be contain, as a minimum, guarantees covering power, discharge and specific hydraulic energy, efficiency, maximum momentary overspeed and maximum momentary pressure and/or maximum steady-state runaway speed, as well as guarantees related to cavitation. Performance test are conducted by the test standard. Test codes based on extensive research data are written under the leadership of an IEC. Performance evaluation is carry out several test(performance test, cavitation test and runaway test). The paper presents the international turbine test laboratory and performance test standard.

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A Study on Smart Peak Power Control System (스마트 최대 전력 관리 시스템 알고리듬 연구)

  • Lee, Woo cheol
    • Proceedings of the KIPE Conference
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    • 2013.11a
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    • pp.227-228
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    • 2013
  • The paper is related to smart maximum power system based on program logic. Especially, this system compares the total demand power with the target power by using the signal from the digital kilo watt meter. Based on the power information by the maximum power control equipment the consumed future power is anticipated. In addition, through consumed future power the controllable target power is set, and it applies on the maximum power control equipment. User or manager would control the load efficiently through the simple programming which could control load based on the control sequence and relay. So this system could control load more efficient and stable. Also the conventional load control circuit is not needed. Therefore, it is possible to improve the simple system configuration, which is resulted in cost effective and time saving. So this system is anticipated on time and coast.

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A Method of Determining the Maximum Interface Flow Limit Using Continuation Algorithm (연속알고리듬을 이용한 연계선로의 송전운용한계 결정)

  • Kim, Seul-Gi;Song, Hwa-Chang;Lee, Byeong-Jun;Gwon, Se-Hyeok
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.49 no.2
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    • pp.78-84
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    • 2000
  • This paper introduces a method of determining the maximum real power transfer limit of interface lines, which connect two areas of a power system, using locally parameterized continuation algorithm. This method traces the path of power flow solutions as interface flow is gradually increased under a certain load demand condition and finds the steady state voltage stability limit, the interface flow limit. Voltage stability index is used to indicate how close the maximum limit is reached. Also, this study presents a procedure to determine the security-constrained interface flow limit using the above method. Contingency ranking index is proposed to identify the severity of contingencies. The case study is performed according to the suggested procedure.

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Seismic response of dual structures comprised by Buckling-Restrained Braces (BRB) and RC walls

  • Beiraghi, Hamid
    • Structural Engineering and Mechanics
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    • v.72 no.4
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    • pp.443-454
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    • 2019
  • In order to reduce the residual drift of a structure in structural engineering field, a combined structural system (dual) consisting of steel buckling-restrained braced frame (BRBF) along with shear wall is proposed. In this paper, BRBFs are used with special reinforced concrete shear walls as combined systems. Some prototype models of the proposed combined systems as well as steel BRBF-only systems (without walls) are designed according to the code recommendations. Then, the nonlinear model of the systems is prepared using fiber elements for the reinforced concrete wall and appropriate elements for the BRBs. Seismic responses of the combined systems subjected to ground motions at maximum considered earthquake level are investigated and compared to those obtained from BRBFs. Results showed that the maximum residual inter-story drift from the combined systems is, on average, less than half of the corresponding value of the BRBFs. In this research, mean of absolute values of the maximum inter-story drift ratio demand obtained from combined systems is less than the 3% limitation, while this criterion has not been fulfilled by BRBF systems.