• Title/Summary/Keyword: demand characteristics

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A Study on the Development of Battery Energy Storage System (전지이용 전력저장장치 기술개발)

  • Hwang, Yong-Ha;Lee, Keun-Seob
    • Proceedings of the KIEE Conference
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    • 1993.07b
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    • pp.905-907
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    • 1993
  • Demand for electricity is increasing annually. Especially, the daytime demand grawth shows higher than any other time period. So the big difference between maximum and minimum electrical demand becomes another important problem to be solved. The Battery Energy Storage System is chosen as one of the solutions among the sevral methods. The purpose of utilization of Battery Energy Storage System is to improve the daily load factor. Also, Battery Energy Storage System may be used for the load levelling or the load shifting as well as the spinning reserve. Up to now, only the pumped hydro power plant system has been operated on the commercial basis, but this system has so many constraints such as site, environmental effects, construction period, ect. Being considered current electrical power situation the development of electric storage system is in need latly. Among the various electric storage systems, Battery Energy System is chosen with the top priority because it has sevral merits to cover such as the short construction period, the demand site installation, and the food environmental characteristics.

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Price and Preference of Fisheries Imports : Utilization of Armington Elasticity (아밍턴 탄성치를 활용한 수입 수산물의 가격과 선호도 분석)

  • Byeong-Ho Lim
    • Korea Trade Review
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    • v.46 no.4
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    • pp.219-234
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    • 2021
  • Armington elasticity has been a methodology for analyzing how much imports could increase in response to importing price cuts, assuming the possibility of incomplete substitution of domestic and imported products. This study calculates Armington elasticity values in Korean fisheries sector and presents an analysis method for classifying items based on price and preference differences. The model is modified reflecting the characteristics of the fisheries market along with the typical OLS, PAM, and ECM models. The result's implication is that products with a high import growth rate do not necessarily show a high Armington value, but it could be seen that price is not the only factor facilitating fisheries imports increase. Considering the items of which demand increases due to importing price cuts have an indiscriminate demand between domestic and imported products, the results could be interpreted that the Korean fisheries importing market has been easily affected by the changes in import prices. Fisheries grouping by price and preference demonstrates that explanatory variables other than price should be considered when estimating import demand.

Statistical Prediction for the Demand of Life Insurance Policy Loans (생명보험의 보험계약대출 수요에 대한통계적예측)

  • Lee, Woo-Joo;Park, Kyung-Ok;Kim, Hae-Kyung
    • Communications for Statistical Applications and Methods
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    • v.17 no.5
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    • pp.697-712
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    • 2010
  • This paper is concerned with the statistical analysis and development of stochastic models for the demand for life insurance policy loans. For these, firstly the characteristics of the regression trend, periodicity and dependence of the monthly demand for life insurance policy loans are investigated by a statistical analysis of the monthly demand data for the years 1999 through 2008. Secondly, the causal relationships between the demand for life insurance policy loans and the economic variables including unemployment rate and inflation rate for the period are investigated. The results show that inflation rate is main factor influencing policy loan demands. The overall evidence, however, failed to establish unidirectional causality relationships between the demand series and the other variables under study. Finally, based on these, univariate time series model and transfer function model where the demand series is related to one input series are derived, respectively, for the prediction of the demand for life insurance policy loans. A statistical procedure for using the model to predict the demand for life insurance policy loans is also proposed.

Forecasting Daily Demand of Domestic City Gas with Selective Sampling (선별적 샘플링을 이용한 국내 도시가스 일별 수요예측 절차 개발)

  • Lee, Geun-Cheol;Han, Jung-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.6860-6868
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    • 2015
  • In this study, we consider a problem of forecasting daily city gas demand of Korea. Forecasting daily gas demand is a daily routine for gas provider, and gas demand needs to be forecasted accurately in order to guarantee secure gas supply. In this study, we analyze the time series of city gas demand in several ways. Data analysis shows that primary factors affecting the city gas demand include the demand of previous day, temperature, day of week, and so on. Incorporating these factors, we developed a multiple linear regression model. Also, we devised a sampling procedure that selectively collects the past data considering the characteristics of the city gas demand. Test results on real data exhibit that the MAPE (Mean Absolute Percentage Error) obtained by the proposed method is about 2.22%, which amounts to 7% of the relative improvement ratio when compared with the existing method in the literature.

Analysis of Demand-Supply Status for Improving the Effectiveness of Plans for Supply and Demand of Reginal Patient Beds (지역병상수급계획 실효성 제고를 위한 수요공급 현황 분석)

  • Jeong Min Yang;Jae Hyun Kim
    • Health Policy and Management
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    • v.33 no.4
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    • pp.411-420
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    • 2023
  • Background: The purpose of this study was to analyze the demand and supply status of patient beds by type of medical institution, categorized into 70 clinical privilege, in order to understand the regional bed supply situation. Methods: Utilizing the 70 clinical privilege defined by the Ministry of Health and Welfare, we calculated bed demand and supply quantities from 2019 to 2021 using data from Statistics Korea and the Health Insurance Statistical Yearbook. The bed demand calculation formula was based on the detailed guidelines for the medical sector by the Korea Development Institute and the 3rd edition of bed supply basic policies announced by the Ministry of Health and Welfare. Additionally, to mitigate distorted bed supply situations caused by factors such as regional levels and patient outflows, we classified bed supply types using the population decrease index indicator published by the Ministry of Public Administration and Security. Results: Among the 70 clinical privilege, it was analyzed that a relatively balanced bed supply situation exists overall, irrespective of the type of healthcare institution. However, in medical institutions at or above the level of hospitals, regions with bed supply ratios exceeding 20% compared to demand, particularly in institutions at or above the level of general hospitals, showed a relatively high rate of demand diversion. Conclusion: We have identified the bed supply types in the 70 clinical privilege in South Korea. Based on the results of this study, we emphasize the need for bed supply policies that consider regional characteristics. It is expected that this research can serve as fundamental data for future efforts aimed at managing or rectifying bed supply imbalances on a regional basis.

Development of Regression-based Bike Direct Demand Models (회귀분석기반의 자전거 직접수요추정 모형 구축)

  • Lee, Kyu Jin;Kim, Keun Wook;Choi, Keechoo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.4D
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    • pp.489-496
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    • 2011
  • Bike system is one of the green transportation systems and spotlighted recently. In the TOD (Transit-Oriented Development) based transportation and urban planning, bike system will be the major part as linkage modes. In this paper, bike demand estimation model was firstly established in Korea, with considering of personal and household characteristics of traveller, social and economic characteristics of city, weather conditions, and so on. The model reflects population density, the number of students except elementary school students, the number of vehicles, the length of bike roads, and monthly income. The adjusted $R^2$ was 0.738: the model is highly fitted. The results of this paper yield bike demand estimation in the urban planning area: further estimated results will be using to determine economic feasibility and size of bike facility. In other words, this paper is expected to provide the theoretical basis that supporting justification and investment efficiency of bike plans, which are actively progressed recently.

Forecasting methodology of future demand market (미래 수요시장의 예측 방법론)

  • Oh, Sang-young
    • Journal of Digital Convergence
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    • v.18 no.2
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    • pp.205-211
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    • 2020
  • The method of predicting the future may be predicted by technical characteristics or technical performance. Therefore, technology prediction is used in the field of strategic research that can produce economic and social benefits. In this study, we predicted the future market through the study of how to predict the future with these technical characteristics. The future prediction method was studied through the prediction of the time when the market occupied according to the demand of special product. For forecasting market demand, we proposed the future forecasting model through comparison of representative quantitative analysis methods such as CAGR model, BASS model, Logistic model and Gompertz Growth Curve. This study combines Rogers' theory of innovation diffusion to predict when products will spread to the market. As a result of the research, we developed a methodology to predict when a particular product will mature in the future market through the spread of various factors for the special product to occupy the market. However, there are limitations in reducing errors in expert judgment to predict the market.

A Method for Evaluating News Value based on Supply and Demand of Information Using Text Analysis (텍스트 분석을 활용한 정보의 수요 공급 기반 뉴스 가치 평가 방안)

  • Lee, Donghoon;Choi, Hochang;Kim, Namgyu
    • Journal of Intelligence and Information Systems
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    • v.22 no.4
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    • pp.45-67
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    • 2016
  • Given the recent development of smart devices, users are producing, sharing, and acquiring a variety of information via the Internet and social network services (SNSs). Because users tend to use multiple media simultaneously according to their goals and preferences, domestic SNS users use around 2.09 media concurrently on average. Since the information provided by such media is usually textually represented, recent studies have been actively conducting textual analysis in order to understand users more deeply. Earlier studies using textual analysis focused on analyzing a document's contents without substantive consideration of the diverse characteristics of the source medium. However, current studies argue that analytical and interpretive approaches should be applied differently according to the characteristics of a document's source. Documents can be classified into the following types: informative documents for delivering information, expressive documents for expressing emotions and aesthetics, operational documents for inducing the recipient's behavior, and audiovisual media documents for supplementing the above three functions through images and music. Further, documents can be classified according to their contents, which comprise facts, concepts, procedures, principles, rules, stories, opinions, and descriptions. Documents have unique characteristics according to the source media by which they are distributed. In terms of newspapers, only highly trained people tend to write articles for public dissemination. In contrast, with SNSs, various types of users can freely write any message and such messages are distributed in an unpredictable way. Again, in the case of newspapers, each article exists independently and does not tend to have any relation to other articles. However, messages (original tweets) on Twitter, for example, are highly organized and regularly duplicated and repeated through replies and retweets. There have been many studies focusing on the different characteristics between newspapers and SNSs. However, it is difficult to find a study that focuses on the difference between the two media from the perspective of supply and demand. We can regard the articles of newspapers as a kind of information supply, whereas messages on various SNSs represent a demand for information. By investigating traditional newspapers and SNSs from the perspective of supply and demand of information, we can explore and explain the information dilemma more clearly. For example, there may be superfluous issues that are heavily reported in newspaper articles despite the fact that users seldom have much interest in these issues. Such overproduced information is not only a waste of media resources but also makes it difficult to find valuable, in-demand information. Further, some issues that are covered by only a few newspapers may be of high interest to SNS users. To alleviate the deleterious effects of information asymmetries, it is necessary to analyze the supply and demand of each information source and, accordingly, provide information flexibly. Such an approach would allow the value of information to be explored and approximated on the basis of the supply-demand balance. Conceptually, this is very similar to the price of goods or services being determined by the supply-demand relationship. Adopting this concept, media companies could focus on the production of highly in-demand issues that are in short supply. In this study, we selected Internet news sites and Twitter as representative media for investigating information supply and demand, respectively. We present the notion of News Value Index (NVI), which evaluates the value of news information in terms of the magnitude of Twitter messages associated with it. In addition, we visualize the change of information value over time using the NVI. We conducted an analysis using 387,014 news articles and 31,674,795 Twitter messages. The analysis results revealed interesting patterns: most issues show lower NVI than average of the whole issue, whereas a few issues show steadily higher NVI than the average.

A Study on the Knowledge about Pediatric Asthma and the Educational demand on Mothers of children with Asthma (천식 아동 어머니의 지식정도 및 교육요구도 조사)

  • Kwon, Mi-Kyung;Lee, Kyung-Min
    • Korean Parent-Child Health Journal
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    • v.5 no.2
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    • pp.191-205
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    • 2002
  • This study was conducted to provide the baseline data for preparing an educational program for mothers of pediatric asthma patients by identifying the knowledge about asthma, mother's educational demand and the perceived educational performance. This study used survey design. The subjects were chosen from the mothers whose children have received pediatric asthma treatment or who have admitted in the pediatric unit of major hospitals using selection criteria. The total number of subjects were 63 mothers. The data collection period was from May 1st, 2001 to April 17th, 2001. Instruments used for this study were knowledge examination, educational demand evaluation, and educational performance. The data were analysed using t-test, ANOVA with SPSS PC(Version 10.0). The results of this study were as follows. 1. Mean score of knowledge about pediatric asthma was 17.95, which suggests the mothers of children with asthma have a medium knowledge level. The highest grade was knowledge about treatment and follow management and the lowest grade was knowledge about diet. 2. Demand for education showed 4.23, which suggests the mothers of children with asthma have high educational demand. The highest score was about exercise and activity in daily life and the lowest score was medication. 3. Perceived educational performance score of themselves showed 2.40, which suggests the mothers of children with asthma thought that health team do not give enough education to them. The highest score was knowledge about pediatric asthma itself and the lowest score was exercise and activity in daily life. 4. Demand for education and perceived educational performance about pediatric asthma showed significant difference in all areas. 5. There were no statistically significant difference noted between general characteristics and degree of knowledge, educational demand and perceived educational performance about pediatric asthma. In conclusion, there needed a systematic educational program development for the mothers of children with asthma. Especially, an education program for mothers in the beginning period of pediatric asthma should be emphasized.

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Demand Forecasting Method for Truck Rest Areas Beside National Highways (국도변 화물차휴게소 수요예측기법 연구)

  • Choi, Chang-Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.16 no.2
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    • pp.13-22
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    • 2017
  • The present study proposes a new methodology for predicting the demand for truck rest areas beside national highways. Previous demand forecasting methods were reviewed first in order to complement them with additional items. The results of the study are as follows. In the demand forecasting process, the primary task is to divide parking demands of trucks into short-term parking and long-term parking. Since short-term and long-term parking vary in utilization, congestion, and turnover rate, different influence factors should be considered according to parking time. Furthermore, the demand characteristics of rest and convenience facilities need to be reflected as well, because they in turn affect the demand for truck rest areas. In sum, the demand forecasting process for destination-type truck rest areas on national highways requires more attention than that for truck rest areas on expressways, and possible influences of various factors should be examined in this process.