• Title/Summary/Keyword: Supply and demand system

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The Study on Imbalance for Labor Supply and Demand in Electrical Construction Business : Simulating the Supply and Demand Gap of Technical Engineer (전기공사업 노동시장의 인력수급 불균형에 관한 연구: 기술·기능인력의 수급격차에 대한 시뮬레이션)

  • Park, Houng-Hee
    • Korean System Dynamics Review
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    • v.14 no.3
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    • pp.105-134
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    • 2013
  • Electrical construction business has public and professional characters. It may require appropriate interventions of the government because these business activities stand for not only profit-seeking competition, but also supplies of one of the key functions in our society. In other words, public benefit and private benefit are still in existence. The government therefore considers such an aspect of public importance of the business sector and needs to plan to adjust technical and engineering manpower of this market. This study focuses on the imbalance for labor supply and demand of technical engineer in electrical construction business. A system dynamics analysis is applied to understand and simulate the imbalance as a soft approach. It has the merit of causal loop diagram to alleviate the limitation of data lack problem. We find that excess demand is expected from 2010 to 2011, and excess supply is predicted from 2012 to 2021 about the manpower of technical engineer. It shows considerable disagreement between the supply and demand of human resource. So we suggest that it is strong necessity to construct statistics infrastructure for a manpower supply and demand plan.

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Resource Demand/Supply and Price Forecasting -A Case of Nickel- (자원 수급 및 가격 예측 -니켈 사례를 중심으로-)

  • Jung, Jae-Heon
    • Korean System Dynamics Review
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    • v.9 no.1
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    • pp.125-141
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    • 2008
  • It is very difficult to predict future demand/supply, price for resources with acceptable accuracy using regression analysis. We try to use system dynamics to forecast the demand/supply and price for nickel. Nickel is very expensive mineral resource used for stainless production or other industrial production like battery, alloy making. Recent nickel price trend showed non-linear pattern and we anticipated the system dynamic method will catch this non-linear pattern better than the regression analysis. Our model has been calibrated for the past 6 year quarterly data (2002-2007) and tested for next 5 year quarterly data(2008-2012). The results were acceptable and showed higher accuracy than the results obtained from the regression analysis. And we ran the simulations for scenarios made by possible future changes in demand or supply related variables. This simulations implied some meaningful price change patterns.

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A Study on the Development of Decision Support Program for the Survey of Land Supply and Demand (토지 공급 및 수요조사를 위한 의사결정지원 프로그램 구축 연구)

  • Lee, Sanghun;Kim, Misuk;Lee, Yunsang
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.14 no.2
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    • pp.79-90
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    • 2018
  • This study aims to provide the system to help decision making by finding key indicators used in land supply and demand surveys, and by developing storage priority areas and projects. As problems arose such as the rising cost of public projects or disruptions to business progress due to the rapid rise in land prices and the cost of compensation for public projects in the past, a new land policy was adopted and the land reserve system was established in 2009. At that time, The bank's goal was to conserve 2 trillion won of land per year, but the result was sluggish as it accumulated a total of 1.6 trillion won from 2009 to 2015. The reason for this sluggish result is that the type and quantity of indicators are still extensive and the survey of land supply and demand has a problem of poor utilization. In order to make up for the sluggishness, we made key indicators used in land supply and demand surveys using the question investigation, and analyzed the priority of the project areas. This study provide the system to help decision making by finding key indicators used in land supply and demand surveys, and the priorities of project areas.

Improvement of Milk Quality and Milk Pricing System (우유의 품질향상과 유대지불체계 개선)

  • Chung, Choong-ll
    • Journal of Dairy Science and Biotechnology
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    • v.19 no.1
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    • pp.30-38
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    • 2001
  • The most important task in Korean dairy industry is to keep the seasonal and annual balance of raw milk supply and demand. Too much surplus milk supply which causes dumping sale of market milk makes dairy industries get in trouble of management, and eventually affects to farmers and consumers economically. As balancing of supply and demand is so important in the fee economic market system, the adaption of the quota system of milk production and seasonal price differentiation has been recommended very often as a method of controlling the milk supply and demand. However, this recommendation did not go through successfully due to the strong objection of dairy farmers. Recently, the voice of consumer's requirement for safer and more hygienic, and high protein, low fat level dairy product is getting stronger. By knowledge of this kind changes, quality improvement in nutrients and hygiene is the most positive way to expand the volume of milk consumption. To meet the consumer's demand, therefore, it is necessary to revise the level of milk fat content and the hygienic grading system for the payment system of raw milk.

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A Study on Efficient Work Force Supply-Demand According to the Employment Permit System for Foreigners (외국인 고용허가제 도입에 따른 효율적 노동인력 수급에 관한 연구)

  • Kim, Heung-Jae;Park, Jae-Hyun;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.9 no.1
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    • pp.175-186
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    • 2007
  • The employment permit system for foreigners, which stresses introduction of foreign work force in a legal manner rather than in the position of being trainees, is anticipated to efficiently improve introduction and the overall management system of foreign work force and related difficulties such as illegal alien problems, absurdity on sending laborers overseas. In this paper, a prospective model of supply and demand of work force has been developed basing on various categories of industries and patterns about nationally practical foreign employees to look over efficient supply and demand of work force suiting employment of foreigner among foreign work force policies. To propose the prospective model, we have derived industry- and pattern-related matrixes of foreign laborers basing on Inter-Industry Analysis Method put forth by Professor Leontiyef in 1930, and through the derived matrix assessed repercussions concerning overall domestic industries and foreigner types and decided yearly weight; the capacity of supply and demand of foreign laborers can be compared through proposed statistical estimation and government estimation by combining the determined weight with yearly incomes of foreign laborers. This paper has thoroughly considered the particularity of our employment permit system for foreigners and applied the Weibull distribution and incorporated the dependence of foreign laborers during the limited period of 3 years to the industry relation analysis, ultimately proposing an efficient supply and demand method about domestic foreign work force.

Supply models for stability of supply-demand in the Korean pork market

  • Chunghyeon, Kim;Hyungwoo, Lee ;Tongjoo, Suh
    • Korean Journal of Agricultural Science
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    • v.49 no.3
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    • pp.679-690
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    • 2022
  • As the supply and demand of pork has become a significant concern in Korea, controlling it has become a critical challenge for the industry. However, compared to the demand for pork, which has relatively stable consumption, it is not easy to maintain a stable supply. As the preparation of measures for a supply-demand crisis response and supply control in the pig industry has emerged as an important task, it has become necessary to establish a stable supply model and create an appropriate manual. In this study, a pork supply prediction model is constructed using reported data from the pig traceability system. Based on the derived results, a method for determining the supply-demand crisis stage using a statistical approach was proposed. From the results of the analysis, working days, African swine fever, heat wave, and Covid-19 were shown to affect the number of pigs graded in the market. A test of the performance of the model showed that both in-sample error rate and out-sample error rate were between 0.3 - 7.6%, indicating a high level of predictive power. Applying the forecast, the distribution of the confidence interval of the predicted value was established, and the supply crisis stage was identified, evaluating supply-demand conditions.

Development of Dynamic Manpower Supply and Demand Model in Software Industry (소프트웨어 산업 동태적 인력수급 모델 개발)

  • Jaerim Jung
    • Journal of Advanced Technology Convergence
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    • v.2 no.3
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    • pp.59-66
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    • 2023
  • The most important thing in digital transformation is SW technology. However, many companies are having difficulty securing SW technology and manpower. In particular, it is reported that the shortage of SW manpower will increase further. The government is carrying out manpower training policies and many support projects to resolve SW manpower supply and demand policies, but accurate predictions of demand and supply of the software industry are essential for these policies to be effectively established. Therefore, this study developed a simulation using a system dynamics methodology that can perform dynamic structural analysis to resolve the supply and demand imbalance in the software industry. System dynamics is appropriate to find the cause and policy alternatives from a dynamic perspective on the imbalance in manpower supply and demand in the software industry. In detail, the U.S. Bureau of Labor Statistics (BLS) methodology was used to develop a prediction model for manpower demand and supply in the software industry, and scenario analysis was performed to derive policy implications.

The Study on the Present Educational Aspect of Korean Teacher Librarians and Their Supply-demand Problems (우리나라 사서교사 양성현황과 수급문제에 관한 연구)

  • Kim, Sung-Jun;Suh, Jin-Won
    • Journal of Korean Library and Information Science Society
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    • v.39 no.3
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    • pp.161-186
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    • 2008
  • Through the present training condition of Korean teacher librarians and their supply-demand prospects, this paper pointed out problems both of the educational system and of its supply-demand and suggested the solution as well. Particularly, focusing on the educational system of teacher librarians and the present condition of the training organizations, this paper predicted their supply ability in the future and analyzed the demand which is necessary, when applying the standards of Korean Library Association and School Library Promotional Law with the selective situation of teacher librarians. In this way, the problems of supply-demand imbalance were indicated and, as a method for training the proper number which is required for the future demand, the rearrangement of the approval number of a course of study for the teaching profession and the establishment of Library and Information education department in education college were proposed.

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Balancing between Supply and Demand in Supply Chain Operating (공급사슬 운영에서의 수요와 공급 균형에 관한 연구)

  • Jo Min-Gwan;Lee Yeong-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.371-374
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    • 2004
  • The ultimate purpose of Supply Chain Management (SCM) is maximizing the profits of the overall Supply Chain (SC) through increasing customer satisfaction and decreasing operating cost. It can be successfully accomplished only when SC system balances demands with supply activities coordinated by aggregate planning, mid-term level of Supply Chain Planning(SCP). However, the existing measures to mainly estimate the specific function of SCM are not enough to evaluate the state of SC with respect to the balance between supply and demand in operating. To solve this problem, we develop a new SC performance measure, Balancing Point, using momentum concept. a fundamental knowledge of physics. Momentum concept can explain the relation among objects so that it can consider the balance between supply and demand in SC operating. The developed measure can not only consider the current state of the SC system but also take planned but not executed supply activities and upcoming demands into account. Therefore, using Balancing point, we can be aware of the unbalanced state of SC in advance.

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Estimation of Regional Agricultural Water Demand over the Jeju Island (제주도 권역별 농업용수 수요량 산정에 대한 고찰)

  • Choi, Kwang-Jun;Song, Sung-Ho;Kim, Jin-Sung;Lim, Chan-Woo
    • Journal of Environmental Science International
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    • v.22 no.5
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    • pp.639-649
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    • 2013
  • Over 96.2% of the agricultural water in Jeju Island is obtained from groundwater and there are quite distinct characteristics of agricultural water demand/supply spatially because of regional and seasonal differences in cropping system and rainfall amount. Land use for cultivating crops is expected to decrease 7.4% (4,215 ha) in 2020 compared to 2010, while market garden including various vegetable crop types having high water demand is increasing over the Island, especially western area having lower rainfall amount compared to southern area. On the other hand, land use for fruit including citrus and mandarin having low water demand is widely distributed over southern and northern part having higher rainfall amount. The agricultural water demand of $1,214{\times}10^3\;m^3/day$ in 2020 is estimated about 1.39 times compared to groundwater supply capacity of $874{\times}10^3\;m^3/day$ in 2010 with 42.4% of eastern, 103.1% of western, 61.9% of southern, and 77.0% of northern region. Moreover, net secured amount of agricultural groundwater would be expected to be much smaller due to regional disparity of water demand/supply, the lack of linkage system between the agricultural water supply facilities, and high percentage of private wells. Therefore, it is necessary to ensure the total net secured amount of agricultural groundwater to overcome the expected regional discrepancy of water demand and supply by establishing policy alternative of regional water supply plan over the Island, including linkage system between wells, water tank enlargement, private wells maintenance and public wells development, and continuous enlargement of rainwater utilization facilities.