• Title/Summary/Keyword: demand curve

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A Study on the Demand Forecasting for IMT-2000 Services (IMT-2000 서비스의 수요예측)

  • Im, Su Deok;Jo, Jung Jae;Hwang, Jin Su;Jo, Yong Hwan
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.24 no.12A
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    • pp.2025-2033
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    • 1999
  • In this paper, we forecast launching time of the commercial IMT-2000 service as feb. 2001, according to expert’s opinion, and most of they forecast rapid evolution. And, we propose two different models according to two cases for competition power of price for IMT-2000 service subscriber demand forecasting. In this paper, we combine the expert’s opinion method with the growth curve model for demand forecasting for new products in order to reduce error of the demand forecasting that haven’t past references. The estimation of needed coefficients for each growth curve model is based on experts’ subjective opinions.

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Modeling Demand for Rural Settlement of Urban Residents (도시민의 농촌이주 수요모형 분석: 정착자금 지원효과를 중심으로)

  • Lee, Hee-Chan
    • Journal of Korean Society of Rural Planning
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    • v.15 no.2
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    • pp.97-110
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    • 2009
  • The objective of this research was to develop a rural settlement demand model to analyze the determinants of settlement demand of urban residents. The point aimed at from model development was deriving stated preference of potential consumers towards rural settlement through setting a hypothetical market, and using settlement subsidy as a surrogate variable for price in the demand model. The adequate demand model deducted from hypothetical market data was derived from the basis of Hanemann's utility difference theory. In the rural settlement demand model, willingness to accept was expressed by a function of settlement subsidy. Data utilized in the analysis was collected from surveys of households nationwide. According to inferred results of the demand model, settlement subsidy had a significant influence on increasing demand for rural settlement. A significant common element was found among variables affecting demand increase through demand curve shift. The majority group of those with high rural settlement demand sought agricultural activity as their main motive, due to harsh urban environments aggravated by unstable job market conditions. Subsequently, restriction of income opportunities in rural areas does not produce an entrance barrier for potential rural settlers. Moreover, this argument could be supported by the common trend of those with high rural settlement demand generally tending to have low incomes. Due to such characteristics of concerned groups of rural settlement demand, they tended to react susceptibly to the subsidy provided by the government and local autonomous entities.

Forecasting for the Demand on Water Amenity Zones in the Large Rivers Based on Regional Characteristics and Monthly Variation (지역 특성 및 월간 변화를 고려한 대하천 수변 친수지구 이용수요 예측)

  • Suh, Myong-kyo;Rhee, Dong Sop
    • Journal of Wetlands Research
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    • v.17 no.4
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    • pp.436-446
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    • 2015
  • It is suggested investigating method about the existing state of demand in this study. The total demand of 357 water amenity zones in 2014 is estimated based on the growth curve models. The effects of population density and distances between water amenity zones and metropolises populated over 1 million are investigated on each river system. The suitability like RMSE and MAPE of logistic and gompertz models are considered to select more suitable model for each water amenity zone. Demand for water amenity zones in 2014 is seemed to be rather high at Han Gang river system and Chungcheongbukdo after analyzing. The influence of population density is rarely effective except Geum Gang river system. The influence of metropolis on the demand for water amenity zones is higher at Geum Gang river system than others.

A Study on Reliability Characteristic Curve of Transmission & Substation System considering Device Fault's Uncertainty (설비고장의 불확실성을 고려한 송변전계통의 공급신뢰도 특성곡선에 관한 연구)

  • Jeon, Dong-Hoon;Kim, Kern-Joong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.9
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    • pp.1500-1506
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    • 2008
  • In this paper, we proposed new reliability characteristic curve, which-can clearly show reliability property of transmission and substation system considering uncertainty such as frequency and duration of device fault. It express the relationship of duration of load curtailments, demand not supplied, and energy not served as “ y = $ax^{-1}$ " curve. and we proposed the method, which can objectively assess reliability of transmission and substation system using proposed characteristic curve as new reliability index. In this method, we used energy index of reliability(EIR) as a criterion of assessment. Finally, we performed a variety of case study for KEPCO system in order to verify usefulness of proposed method.

Study of Peak Load Demand Estimation Methodology by Pearson Correlation Analysis with Macro-economic Indices and Power Generation Considering Power Supply Interruption

  • Song, Jiyoung;Lee, Jaegul;Kim, Taekyun;Yoon, Yongbeum
    • Journal of Electrical Engineering and Technology
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    • v.12 no.4
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    • pp.1427-1434
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    • 2017
  • Since the late 2000s, there has been growing preparation in South Korea for a sudden reunification of South and North Korea. Particularly in the power industry field, thorough preparations for the construction of a power infrastructure after reunification are necessary. The first step is to estimate the peak load demand. In this paper, we suggest a new peak demand estimation methodology by integrating existing correlation analysis methods between economic indicators and power generation quantities with a power supply interruption model in consideration of power consumption patterns. Through this, the potential peak demand and actual peak demand of the Nation, which experiences power supply interruption can be estimated. For case studies on North Korea after reunification, the potential peak demand in 2015 was estimated at 5,189 MW, while the actual peak demand within the same year was recorded as 2,461 MW. The estimated potential peak demand can be utilized as an important factor when planning the construction of power system facilities in preparation for reunification.

A Study on Transportation Systems of Container Cargo in Busan Port (부산항 컨테이너 화물수송체계에 관한 연구)

  • 오석기;오윤표;윤칠용
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.7-14
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    • 2000
  • The purpose of this study is to improvement strategies for transportation systems of container cargo in Busan port. Therefore, it was forecasted the future container cargo demand using logistic curve formula. In 2011, container cargo demand was forecasted 8.791 million TEU(T/S including 12.559 million TEU). In order to improvement transportation systems of container cargo, this study presented following; $\circled1$ port facilities expansion, $\circled2$ diversity of container transport modes. $\circled3$ make up ICD and exclusive container roads, $\circled4$ the second Seoul-Busan Expressway.

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Mathematical Model of Optimal Payouts under Non-linear Demand Curve

  • Won, Chaehwan
    • Management Science and Financial Engineering
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    • v.10 no.2
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    • pp.53-71
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    • 2004
  • In this study, a mathematical model that shows the optimal payout policy is developed. The model is new and unique in the sense that not only continuous-time framework is used, but also both partial differential equation (PDE) and real-option approach are utilized in the derivation of optimal payouts for the first time. In the model building, non-linear demand curve for dividend payouts in the competitive capital markets is assumed. From the sensitivity analysis using traditional comparative static analysis, some useful managerial implications which are consistent with famous previous studies are derived under realistic conditions. All results in this study, however, are valid under the assumption that the opportunity costs follow geometric Brownian motion, which is widely used in economic science and finance literature.

A Estimation Method for Ratio of Generator Composition included Combined Heat and Power Using Screening Curve Method (열병합발전이 고려된 심사곡선법에 의한 전원구성 비율 산정방법의 연구)

  • Kim, Yong-Ha;Lee, Buhm;Choi, Sang-Kyu;Kim, Mi-Ye;Yeon, Jun-Hee;Kim, Myung-Ryul
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.736-738
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    • 2005
  • For calculating optimal generation composition of The Basic Plan of Long Term Electricity Supply & Demand, the Screening Curve Method that using generation cost for planning is needed. This paper will induce optimal power system ratio included Combined Head and Power and suggest the method for optimal generation composition of The Basic Plan of Long Term Electricity Supply & Demand that considered policy side.

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Probabilistic seismic evaluation of buckling restrained braced frames using DCFD and PSDA methods

  • Asgarian, Behrouz;Golsefidi, Edris Salehi;Shokrgozar, Hamed Rahman
    • Earthquakes and Structures
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    • v.10 no.1
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    • pp.105-123
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    • 2016
  • In this paper, using the probabilistic methods, the seismic demand of buckling restrained braced frames subjected to earthquake was evaluated. In this regards, 4, 6, 8, 10, 12 and 14-storybuildings with different buckling restrained brace configuration (including diagonal, split X, chevron V and Inverted V bracings) were designed. Because of the inherent uncertainties in the earthquake records, incremental dynamical analysis was used to evaluate seismic performance of the structures. Using the results of incremental dynamical analysis, the "capacity of a structure in terms of first mode spectral acceleration", "fragility curve" and "mean annual frequency of exceeding a limit state" was determined. "Mean annual frequency of exceeding a limit state" has been estimated for immediate occupancy (IO) and collapse prevention (CP) limit states using both Probabilistic Seismic Demand Analysis (PSDA) and solution "based on displacement" in the Demand and Capacity Factor Design (DCFD) form. Based on analysis results, the inverted chevron (${\Lambda}$) buckling restrained braced frame has the largest capacity among the considered buckling restrained braces. Moreover, it has the best performance among the considered buckling restrained braces. Also, from fragility curves, it was observed that the fragility probability has increased with the height.

Functional clustering for electricity demand data: A case study (시간단위 전력수요자료의 함수적 군집분석: 사례연구)

  • Yoon, Sanghoo;Choi, Youngjean
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.4
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    • pp.885-894
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    • 2015
  • It is necessary to forecast the electricity demand for reliable and effective operation of the power system. In this study, we try to categorize a functional data, the mean curve in accordance with the time of daily power demand pattern. The data were collected between January 1, 2009 and December 31, 2011. And it were converted to time series data consisting of seasonal components and error component through log transformation and removing trend. Functional clustering by Ma et al. (2006) are applied and parameters are estimated using EM algorithm and generalized cross validation. The number of clusters is determined by classifying holidays or weekdays. Monday, weekday (Tuesday to Friday), Saturday, Sunday or holiday and season are described the mean curve of daily power demand pattern.