• Title/Summary/Keyword: demand quantile

Search Result 17, Processing Time 0.02 seconds

A Study on the User Satisfaction of Demand Response Transport(DRT) by Quantile Regression Analysis (분위회귀분석에 의한 수요응답형교통 이용자 만족도 분석)

  • Jang, Tae Youn;Han, Woo Jin;Kim, Jeong Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
    • /
    • v.15 no.3
    • /
    • pp.118-128
    • /
    • 2016
  • As the rural areas have experienced the population reduction and the aging, the service level of public transit decreases. This study analyzes the effecting factor to user satisfaction of demand response transport(DRT) as alternative to rural public transit by the quantile regression that aims at estimating either the conditional median or other quantiles of the response variable. Jeonbuk Province tested DRT operations in Dongsang of Wanju County and Sannae of Jeongup City each in 2015. The user DRT satisfaction of Wanju was higher than one of Jeongup in basic statistics analysis. The difference in satisfaction between higher quantile and lower quntile of Wanju is smaller than one of Jeongupy as a result of quantile regression analysis. Also, Wanju DRT continues the second test operation of DRT as satisfaction from Ordinary Least Squares(OLS) close to higher satisfaction quantile.

Inventory Policies for Multi-echelon Serial Supply Chains with Normally Distributed Demands (정규분포를 따르는 다단계 시리얼 공급사슬에서의 재고 정책)

  • Kwon, Ick-Hyun;Kim, Sung-Shick
    • Journal of the Korea Safety Management & Science
    • /
    • v.8 no.3
    • /
    • pp.115-123
    • /
    • 2006
  • The main focus of this study is to investigate the performance of a clark-scarf type multi-echelon serial supply chain operating with a base-stock policy and to optimize the inventory levels in the supply chains so as to minimize the systemwide total inventory cost, comprising holding and backorder costs as all the nodes in the supply chain. The source of supply of raw materials to the most upstream node, namely supplier, is assumed to have an infinite raw material availability. Retailer faces random customer demand, which is assumed to be stationary and normally distributed. If the demand exceeds on-hand inventory, the excess demand is backlogged. Using the echelon stock and demand quantile concepts and an efficient simulation technique, we derive near optimal inventory policy. Additionally we discuss the derived results through the extensive experiments for different supply chain settings.

Estimating Price Elasticity of Residential Water Demand in Korea Using Panel Quatile Model (패널 분위수회귀 모형을 사용한 우리나라 지방 상수도 생활용수 수요의 가격탄력성 추정)

  • Kim, Hyung-Gun
    • Environmental and Resource Economics Review
    • /
    • v.27 no.1
    • /
    • pp.195-214
    • /
    • 2018
  • This study estimates the price elasticity of residential water demand in Korea. For that, annual panel data from the year of 2010 to 2013 for 161 local water services is estimated by using panel quantile model. As a result, the price elasticities of residental water demand in Korea are estimated to be between -0.156 and -0.189 depending on its quantile. In addition, the study finds that the estimated elasticity of residential water demand by traditional conditional mean regression is relatively more influenced by high demand areas because the distribution of residental water demand in Korea is left-skewed.

A Study on Demand Selection in Supply Chain Distribution Planning under Service Level Constraints (서비스 수준 제약하의 공급망 분배계획을 위한 수요선택 방안에 관한 연구)

  • Park, Gi-Tae;Kim, Sung-Shick;Kwon, Ick-Hyun
    • Journal of the Korea Society for Simulation
    • /
    • v.15 no.3
    • /
    • pp.39-47
    • /
    • 2006
  • In most of supply chain planning practices, the estimated demands, which are forecasted for each individual period in a forecasting window, are regarded as deterministic. But, in reality, the forecasted demands for the periods of a given horizon are stochastically distributed. Instead of using a safety stock, this study considers a direct control of service level by choosing the demand used in planning from the distributed forecasted demand values for the corresponding period. Using the demand quantile and echelon stock concept, we propose a simple but efficient heuristic algorithm for multi-echelon serial systems under service level constraints. Through a comprehensive simulation study, the proposed algorithm was shown to be very accurate compared with the optimal solutions.

  • PDF

On Transition Procedure Using an Optimal Quantile Estimator under Uncertainty

  • Sok, Yong-U
    • Journal of the military operations research society of Korea
    • /
    • v.23 no.2
    • /
    • pp.135-154
    • /
    • 1997
  • This paper deals with the perishable inventory models with uncertainties of demand functions. The traditional perishable inventory costs of holding and stockout are incorporated into the cost function. The average expected cost will be minimized to find the optimal quantile estimator. After three candidate estimators are proposed on the basis of order statistics, they will be evaluated by the simulation results and statistical analysis. Then the transition procedure algorithm using this estimator will be proposed to make the optimal decision under uncertainty.

  • PDF

Analysis of the Factors Influencing PM10 & PM2.5 in Korea by Panel Quantile-Regression (패널 분위회귀분석을 통한 한국의 미세먼지 국내외 영향요인 분석)

  • Kim, Haedong;Kim, Jaehyeok;Jo, Hahyun
    • Environmental and Resource Economics Review
    • /
    • v.31 no.1
    • /
    • pp.85-112
    • /
    • 2022
  • This study analyzed the influence of domestic and Chinese factors on fine dust(PM10 & PM2.5) in Korea by using the panel quantile regression. Daily analysis was conducted for 11 regions in Korea. For domestic factors, electricity demand and traffic volume, and for Chinese factors, interaction term of Chinese three cities' fine dust and the domestic west wind are used. As a result, the influence of domestic factors was different when the domestic fine dust concentration was high and low. When the fine dust concentration was low, electricity demand had a positive effect only on PM2.5, and didn't affect PM10 in the national analysis. In regional analysis, the amount of electricity demand had a significant effect on fine dust and ultrafine dust only in the capital area and Chungcheong. Electricity demand was found to significantly increase both PM2.5 and PM10 when it was high. On the other hand, it was confirmed that the Chinese factor always had a significant effect regardless of the concentration of PM10 and PM2.5. Therefore, in order to solve the problem of high concentration of fine dust, in addition to international cooperation, the reduction of PM2.5 generated by domestic thermal power generation should also be strengthened compared to the present.

Clustering of Seoul Public Parking Lots and Demand Prediction (서울시 공영주차장 군집화 및 수요 예측)

  • Jeongjoon Hwang;Young-Hyun Shin;Hyo-Sub Sim;Dohyun Kim;Dong-Guen Kim
    • Journal of Korean Society for Quality Management
    • /
    • v.51 no.4
    • /
    • pp.497-514
    • /
    • 2023
  • Purpose: This study aims to estimate the demand for various public parking lots in Seoul by clustering similar demand types of parking lots and predicting the demand for new public parking lots. Methods: We examined real-time parking information data and used time series clustering analysis to cluster public parking lots with similar demand patterns. We also performed various regression analyses of parking demand based on diverse heterogeneous data that affect parking demand and proposed a parking demand prediction model. Results: As a result of cluster analysis, 68 public parking lots in Seoul were clustered into four types with similar demand patterns. We also identified key variables impacting parking demand and obtained a precise model for predicting parking demands. Conclusion: The proposed prediction model can be used to improve the efficiency and publicity of public parking lots in Seoul, and can be used as a basis for constructing new public parking lots that meet the actual demand. Future research could include studies on demand estimation models for each type of parking lot, and studies on the impact of parking lot usage patterns on demand.

Impact of uncertain natural vibration period on quantile of seismic demand

  • Hong, H.P.;Wang, S.S.;Kwan, A.K.H.
    • Structural Engineering and Mechanics
    • /
    • v.28 no.4
    • /
    • pp.357-372
    • /
    • 2008
  • This study investigates effect of uncertainty in natural vibration period on the seismic demand. It is shown that since this uncertainty affects the acceleration and displacement responses differently, two ratios, one relating peak acceleration responses and the other relating the peak displacement responses, are not equal and both must be employed in evaluating and defining the critical seismic demand. The evaluation of the ratios is carried out using more than 200 strong ground motion records. The results suggest that the uncertainty in the natural vibration period impacts significantly the statistics of the ratios relating the peak responses. By using the statistics of the ratios, a procedure and sets of empirical equations are developed for estimating the probability consistent seismic demand for both linear and nonlinear systems.

A Study on the Determinants of Land Price in a New Town (신도시 택지개발사업지역에서 토지가격 결정요인에 관한 연구)

  • Jeong, Tae Yun
    • Korea Real Estate Review
    • /
    • v.28 no.1
    • /
    • pp.79-90
    • /
    • 2018
  • The purpose of this study was to estimate the pricing factors of residential lands in new cities by estimating the pricing model of residential lands. For this purpose, hedonic equations for each quantile of the conditional distribution of land prices were estimated using quantile regression methods and the sale price date of Jangyu New Town in Gimhae. In this study, a quantile regression method that models the relation between a set of explanatory variables and each quantile of land price was adopted. As a result, the differences in the effects of the characteristics by price quantile were confirmed. The number of years that elapsed after the completion of land construction is the quadratic effect in the model because its impact may give rise to a non-linear price pattern. Age appears to decrease the price until certain years after the construction, and increases the price afterward. In the estimation of the quantile regression, land age appears to have a statistically significant impact on land price at the traditional level, and the turning point appears to be shorter for the low quantiles than for the higher quantiles. The positive effects of the use of land for commercial and residential purposes were found to be the biggest. Land demand is preferred if there are more than two roads on the ground. In this case, the amount of sunshine will improve. It appears that the shape of a square wave is preferred to a free-looking land. This is because the square land is favorable for development. The variables of the land used for commercial and residential purposes have a greater impact on low-priced residential lands. This is because such lands tend to be mostly used for rental housing and have different characteristics from residential houses. Residential land prices have different characteristics depending on the price level, and it is necessary to consider this in the evaluation of the collateral value and the drafting of real estate policy.

Assessing Future Water Demand for Irrigating Paddy Rice under Shared Socioeconomic Pathways (SSPs) Scenario Using the APEX-Paddy Model (APEX-paddy 모델을 활용한 SSPs 시나리오에 따른 논 필요수량 변동 평가)

  • Choi, Soon-Kun;Cho, Jaepil;Jeong, Jaehak;Kim, Min-Kyeong;Yeob, So-Jin;Jo, Sera;Owusu Danquah, Eric;Bang, Jeong Hwan
    • Journal of The Korean Society of Agricultural Engineers
    • /
    • v.63 no.6
    • /
    • pp.1-16
    • /
    • 2021
  • Global warming due to climate change is expected to significantly affect the hydrological cycle of agriculture. Therefore, in order to predict the magnitude of climate impact on agricultural water resources in the future, it is necessary to estimate the water demand for irrigation as the climate change. This study aimed at evaluating the future changes in water demand for irrigation under two Shared Socioeconomic Pathways (SSPs) (SSP2-4.5 and SSP5-8.5) scenarios for paddy rice in Gimje, South Korea. The APEX-Paddy model developed for the simulation of paddy environment was used. The model was calibrated and validated using the H2O flux observation data by the eddy covariance system installed at the field. Sixteen General Circulation Models (GCMs) collected from the Climate Model Intercomparison Project phase 6 (CMIP6) and downscaled using Simple Quantile Mapping (SQM) were used. The future climate data obtained were subjected to APEX-Paddy model simulation to evaluate the future water demand for irrigation at the paddy field. Changes in water demand for irrigation were evaluated for Near-future-NF (2011-2040), Mid-future-MF (2041-2070), and Far-future-FF (2071-2100) by comparing with historical data (1981-2010). The result revealed that, water demand for irrigation would increase by 2.3%, 4.8%, and 7.5% for NF, MF and FF respectively under SSP2-4.5 as compared to the historical demand. Under SSP5-8.5, the water demand for irrigation will worsen by 1.6%, 5.7%, 9.7%, for NF, MF and FF respectively. The increasing water demand for irrigating paddy field into the future is due to increasing evapotranspiration resulting from rising daily mean temperatures and solar radiation under the changing climate.