• IE interfaces
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• v.13 no.4
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• pp.709-716
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• 2000

In this paper, We analyze a capacity dimensioning and performance of the access line to the X.25 packet network when the AO/DI internet service is connected via D-channel. We show the forecasting methodology of the traffic demand of the D-channel internet services when the TDX-1OA switching system accommodates the target number of subscriber. Based on the traffic demand forecast, the required capacity of the access line is suggested to prevent bottleneck problem in the access line to the X.25 packet network.

• International Journal of Highway Engineering
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• v.12 no.4
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• pp.61-70
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• 2010

The purpose of this study is to analyze the accuracy of traffic volume forecast by comparing an estimated to real traffic volume. For this study, total 10 sections of national highways, which are planned in 1980s and 1990s, were selected and traffic analysis data for highway construction were collected. In addition, targeted 10 sections were categorized into network-related and -unrelated sections. In the analysis of inaccuracy between the estimated and real traffic, for network-related sections, appeared to have lower inaccuracy. As time goes on after traffic open, inaccuracy between the estimated and real traffic appeared to be lower. In various section lengths, the longer the section length, the higher the inaccuracy is. Using 3 years passed data after traffic open, national highway have lower inaccuracy than expressway. However, the traffic analysis according to traffic open time resulted in little change of the inaccuracy.

• Journal of Korean Society of Transportation
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• v.29 no.5
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• pp.139-155
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• 2011

This study is to estimate the dynamic change of the regional railway passenger traffic and, based on the estimated, to forecast the future regional railway passenger traffic by using the Seasonal ARIMA model. The existing studies using ARIMA failed to consider seasonality nor the monthly or the quarterly data. It was attempted in this study to use the monthly regional railway passenger traffic data to propose a model that estimates dynamic change of demand. The authors employed the Seasonal ARIMA model previously developed and used (1) the numbers of monthly passenger data and (2) the monthly passenger-km data. The test results showed that the numbers of passengers in 2015 and 2020 would increase by 36% and 71%, respectively, compared to those in 2008. The numbers of passenger-kms in 2015 and 2020 would increase by 25% and 78%, respectively, compared to those in 2008.

• Journal of Digital Convergence
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• v.16 no.5
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• pp.137-143
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• 2018

Korea's air passenger traffic has been growing steadily. In this paper, we propose a forecasting model of air passenger demand to ascertain the growth trend of air passenger transportation performance in Korea. We conducted a simulation based on System Dynamics with the demand as a dependent variable, and international oil prices, GDP and exchange rates as exogenous variables. The accuracy of the model was verified using MAPE and $R^2$, and the proposed prediction model was verified as an accurate prediction model. As a result of the demand forecast, it is predicted that the air passenger demand in Korea will continue to grow, and the share of low cost carriers will increase sharply. The addition of the Korean transportation performance of foreign carriers in Korea and the transportation performance of Korean passengers due to the alliance of airlines will provide a more accurate forecast of passenger demand.

• Journal of Korean Port Research
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• v.13 no.1
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• pp.27-40
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• 1999

This study aims to apply and examine the stochastic approach for empty container repositioning and leasing problem. For this a case study has been carried out on actual data such as various cost components and traffic flow. The results reveal that the proposed methodology produces more realistic results than the conventional deterministic approaches. It is also found that the results are significantly affected by the accuracy of demand and supply forecast.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.37 no.3
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• pp.593-601
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• 2017

With the rapid industrial development and national economic advance since 1970, the national income of Korea has sharply increased. As a result, issues regarding city expansion, urban concentration, increase in the number of registered motor vehicles, and increase in traffic have caused transportation issues such as traffic congestion and problems with parking. Especially, enforcement ordinances and rules have been established on installation and management of parking lots to solve problems with parking which are raised as social problems such as conflict with neighbors but the flexible calculation of legal parking space has the limitations because of the diversity and complex functionality of purposes of facilities. Accordingly, this study attempted to supplement such demerit of the parking space demand forecast method based on the legally required number of parking spaces and average unit requirement in the parking space supply. This study estimated the required number of parking spaces by analyzing existing literature, collecting field research data, and analyzing the factors that have an impact on the parking demand. Also, it compared the required number of parking spaces based on the average unit requirement as well as the required number of parking spaces by the forecast model based on the cumulative number of motor vehicles parked. The result was that the required number of parking space based on average unit requirement was less than the cumulative number of motor vehicles parked by 9.99%. Meanwhile, the required number of parking spaces by the forecast model was more than the cumulative number of motor vehicles parked by 4.37%. Therefore, it is believed that the parking space forecast model is more efficient than the others in estimating there quired parking space. The parking space forecast model of this study consider different environmental factors to enable practical parking demand forecast considering the local characteristics and thus supply the parking space in an efficient way.

• Journal of Korean Society of Transportation
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• v.32 no.6
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• pp.589-599
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• 2014

This paper analyzes the forecasting errors of traffic volumes by comparing forecasted volumes for the opening year with the observed ones in the years after the urban railway construction in the metropolitan areas. The result shows that the average inaccuracy of traffic volumes for each station was estimated at around 7.27. Based on the confirmed factors of demand estimation errors, this study seeks for an alternative method to reduce estimation errors in feasibility studies. It is noted that there is a tendency that the inaccuracy varies by regions and the longer construction period or the shorter station spacing is, the overestimation increases. If urban railway projects are proceeded as planed, therefore, the level of the inaccuracy for traffic volume forecast will be decreased. In addition, thanks to the theoretical progress, recent estimation results show higher accuracy than before. In that sense, when we introduce the new railway line, it is necessary to make an accurate and realistic demand forecast based on actual outcomes and tendency of the previous estimation. The limitation of our study is that we only cover the errors of the initial period, the opening year and deal with the exogenous variables. Further research including other variables which might be considered to cause overestimation or errors would be needed for increasing the estimation accuracy of traffic volumes.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2009.06a
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• pp.169-170
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• 2009

With increase in container traffic, there has been constant shortage in supply of containers causing upward tendency at a price of sale and lease. In this point of view, it is safe to say that the importance of demand and supply management for containers is getting dear. At the same time, growing dependence on leasing containers has huge effect on increase in cost because of the difficulty in forming forecast model.

• KDI Journal of Economic Policy
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• v.35 no.4
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• pp.31-61
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• 2013

The purpose of this study is to calculate the economic value of transport demand forecasting risks in the road PPP project. Under the assumption that volatility of the road PPP project value occurs only in regard with uncertainty of traffic volume forecasting, this study calculates the economic value of the traffic forecasting risks in the case of the road PPP project. To that end, forecasted traffic volume is assumed to be a stochastic variable and to follow the Geometric Brownian motion as time passes. In particular, this study attempts to differentiate itself from existing studies that simply use an arbitrary assumption by presenting the application of different traffic volume growth volatility and the rates before and after the ramp-up period. Analysis of the case projects reveals that the risk premium related to traffic volume forecast of the project turns out as 7.39~8.30%, without considering option value-such as minimum revenue guarantee-while the project value volatility caused by transport demand forecasting risks is 17.11%. As the discount rate grows higher, the project value volatility tends to decrease and volatility in project value is always suggested to be larger than that in transport volume influenced by leverage effect due to fixed expenditure. The market value of transport demand forecasting risk-calculated using the project value volatility and risk premium-is analyzed to be between 0.42~0.50, implying that a 1% increase or decrease in the transport amount volatility would lead to a 0.42~0.50% increase or decrease in risk premium of the project.

• Journal of Korean Society of Transportation
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• v.22 no.6
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• pp.47-54
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• 2004

Recently, a large reduction in domestic aviation demand had roughly shown in the range between 34% and 75% in east central and western corridor of Korea. The reasons for the drop in air traffic demand were the provisioning of several new highway serveces and the national economic difficulties. Since April 2004, moreover, the Korea Train Express(KTX) was operated between Seoul and Daegu in the first phrase of 293Km in KTX operational distance and 258Km in air route distance. The operation of KTX significantly impacted air traffic volume, particularly on the overlapped air routes with KTX routes. This study analyzed the effects on air traffic demand in accordance with the opening of KTX by applying the Stated Preference (SP) survey method, the survey conducted prior to 8 months of the KTX initiative. Also, the comparison of the decreased demand forecast by SP analysis and actual revealed traffic volume during two months service after inauguration of KTX was conducted. The Seoul-Daegu route was analysed using the 3 variables considered access and egress time, fare rate, operational frequency. The result obtained from the analysis showed that air users would be preferred only 14%. Comparatively, however, the actual revealed air passengers after the opening KTX were remained 28%, The less "decreased demand" was caused by the instability of the KTX's operation in the initial stage. Therefore, small numbers of passenger were preferable to airservices rather than high speed railroad service.