• Title/Summary/Keyword: forecast supply

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The Effect of Uncertain Information on Supply Chain Performance in a Beer Distribution Game-A Case of Meterological Forecast Information (불확실성 정보가 맥주배송게임 기반의 공급사슬 수행도에 미치는 영향 평가 : 기상정보 사례를 중심으로)

  • Lee, Ki-Kwang;Kim, In-Gyum;Ko, Kwang-Kun
    • Journal of Information Technology Applications and Management
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    • v.14 no.4
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    • pp.139-158
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    • 2007
  • Information sharing is key to effective supply chain management. In reality, however, it is impossible to get perfect information. Accordingly, only uncertain information can be accessed in business environment, and thus it is important to deal with the uncertainties of information in managing supply chains. This study adopts meteorological forecast as a typical uncertain information. The meteorological events may affect the demands for various weather-sensitive goods, such as beer, ices, clothes, electricity etc. In this study, a beer distribution game is modified by introducing meterological forecast information provided in a probabilistic format. The behavior patterns of the modified beer supply chains are investigated. for two conditions using the weather forecast with or without an information sharing. A value score is introduced to generalize the well-known performance measures employed in the study of supply chains, i.e.. inventory, backlog, and deviation of orders. The simulation result showed that meterological forecast information used in an information sharing environment was more effective than without information sharing, which emphasizes the synergy of uncertain information added to the information sharing environment.

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Implementation of Daily Water Supply Prediction System by Artificial Intelligence Models (일급수량 예측을 위한 인공지능모형 구축)

  • Yeon, In-sung;Jun, Kye-won;Yun, Seok-whan
    • Journal of Korean Society of Water and Wastewater
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    • v.19 no.4
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    • pp.395-403
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    • 2005
  • It is very important to forecast water supply for reasonal operation and management of water utilities. In this paper, water supply forecasting models using artificial intelligence are developed. Artificial intelligence models shows better results by using Temperature(t), water supply discharge (t-1) and water supply discharge (t-2), which are expressed by neural network(LMNNWS; Levenberg-Marquardt Neural Network for Water Supply, MDNNWS; MoDular Neural Network for Water Supply) and neuro fuzzy(ANASWS; Adaptive Neuro-Fuzzy Inference Systems for Water Supply). ANFISWS model which is applied for water supply forecasting shows stable application to the variable water supply data. As results, MDNNWS model shows the highest overall accuracy among proposed water supply forecasting models and the lowest estimation error with the order of ANFISWS, LMNNWS model.

Establishing a Demand Forecast Model for Container Inventory in Liner Shipping Companies (정기선사의 컨테이너 재고 수요예측모델 구축에 대한 연구)

  • Jeon, Jun-woo;Jung, Kil-su;Gong, Jeong-min;Yeo, Gi-tae
    • Journal of Korea Port Economic Association
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    • v.32 no.4
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    • pp.1-13
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    • 2016
  • This study attempts to establish a precise forecast model for the container inventory demand of shipping companies through forecasts based on equipment type/size, ports, and weekly system dynamics. The forecast subjects were Shanghai and Yantian Ports. Only dry containers (20, 40) and high cubes (40) were used as the subject container inventory in this study due to their large demand and valid data computation. The simulation period was from 2011 to 2017 and weekly data were used, applying the actual data frequency among shipping companies. The results of the model accuracy test obtained through an application of Mean Absolute Percentage Error (MAPE) verified that the forecast model for dry 40' demand, dry 40' high cube demand, dry 20' supply, dry 40' supply, and dry 40' high cube supply in Shanghai Port provided an accurate prediction, with $0%{\leq}MAPE{\leq}10%$. The forecast model for supply and demand in Shanghai Port was otherwise verified to have relatively high prediction power, with $10%{\leq}MAPE{\leq}20%$. The forecast model for dry 40' high cube demand and dry 20' supply in Yantian Port was accurate, with $0%{\leq}MAPE{\leq}10%$. The forecast model for supply and demand in Yantian Port was generally verified to have relatively high prediction power, with $10%{\leq}MAPE{\leq}20%$. The forecast model in this study also had relatively high accuracy when compared with the actueal data managed in shipping companies.

Scenario Analysis of Natural Gas Demand for Electricity Generation in Korea (전력수급기본계획의 불확실성과 CO2 배출 목표를 고려한 발전용 천연가스 장기전망과 대책)

  • Park, Jong-Bae;Roh, Jea Hyung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.11
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    • pp.1503-1510
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    • 2014
  • This study organizes scenarios on the power supply plans and electricity load forecasts considering their uncertainties and estimates natural gas quantity for electricity generation, total electricity supply cost and air pollutant emission of each scenario. Also the analysis is performed to check the properness of government's natural gas demand forecast and the possibility of achieving the government's CO2 emission target with the current plan and other scenarios. In result, no scenario satisfies the government's CO2 emission target and the natural gas demand could be doubled to the government's forecast. As under-forecast of natural gas demand has caused the increased natural gas procurement cost, it is required to consider uncertainties of power plant construction plan and electricity demand forecast in forecasting the natural gas demand. In addition, it is found that CO2 emission target could be achieved by enlarging natural gas use and demand-side management without big increase of total costs.

Forecasting Demand of Agricultural Tractor, Riding Type Rice Transplanter and Combine Harvester by using an ARIMA Model

  • Kim, Byounggap;Shin, Seung-Yeoub;Kim, Yu Yong;Yum, Sunghyun;Kim, Jinoh
    • Journal of Biosystems Engineering
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    • v.38 no.1
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    • pp.9-17
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    • 2013
  • Purpose: The goal of this study was to develop a methodology for the demand forecast of tractor, riding type rice transplanter and combine harvester using an ARIMA (autoregressive integrated moving average) model, one of time series analysis methods, and to forecast their demands from 2012 to 2021 in South Korea. Methods: To forecast the demands of three kinds of machines, ARIMA models were constructed by following three stages; identification, estimation and diagnose. Time series used were supply and stock of each machine and the analysis tool was SAS 9.2 for Windows XP. Results: Six final models, supply based ones and stock based ones for each machine, were constructed from 32 tentative models identified by examining the ACF (autocorrelation function) plots and the PACF (partial autocorrelation function) plots. All demand series forecasted by the final models showed increasing trends and fluctuations with two-year period. Conclusions: Some forecast results of this study are not applicable immediately due to periodic fluctuation and large variation. However, it can be advanced by incorporating treatment of outliers or combining with another forecast methods.

The Effect of the Demand Forecast on the Energy Mix in the National Electricity Supply and Demand Planning (전력수급계획 수립시 수요예측이 전원혼합에 미치는 영향)

  • Kang, Kyoung-Uk;Ko, Bong-Jin;Chung, Bum-Jin
    • Journal of Energy Engineering
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    • v.18 no.2
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    • pp.114-124
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    • 2009
  • The Ministry of Knowledge and Economy (MKE) establishes the Basic Plan for Long-Term Electricity Supply and Demand(BPE) biannually, a governmental plan for the stable electricity supply. This study investigated the effects of the electric demand forecast on the energy mix. A simplified simulation model was developed, which replaces the WASP program developed by the KPX and verified by comparing both results. Three different electric demand scenarios were devised based upon the 2005 electric demand forecast: Proper, 5 % higher, and 5% lower. The simplified model calculates the energy mix for each scenario of the year 2005. Then it calculates the energy mix for the proper electric demand forecast of the year 2007 using the energy mixes of the three scenarios as the initial conditions, so that it reveals the effect of electric demand forecast of the previous BPE on the energy mix of the next BPE. As the proper electric demand forecasts of the year 2005 and 2007 are the same, there is no change in the previous and the next BPEs. However when the electric demand forecasts were 5% higher in the previous BPE and proper in the next BPE, some of the planned power plant construction in the previous BPE had to be canceled. Similarly, when the electric demand forecasts were 5% lower in the previous BPE and proper in the next BPE, power plant construction should be urgently increased to meet the increased electric demand. As expected the LNG power plants were affected as their construction periods are shorter than coal fired or nuclear power plants. This study concludes that the electric demand forecast is very important and that it has the risk of long term energy mix.

Supply-Demand Forecast of Engineers according to the Change of Construction Engineers Qualification System (건설기술자 제도변화에 따른 건설기술인력 수급전망)

  • Park, Hwan-Pyo;Shin, Eun-Young
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.2
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    • pp.46-54
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    • 2009
  • In the early 90s, we had serious shortage of construction engineers for the expansion of construction market. So, Government has established the admitted engineer system in 1995. However, since year 2000, while the engineershortage has been resolved, the opposite situation has occurred: serious over-supply of construction engineers. Therefore, Government announced that would abolish the admitted engineer systems as recognized the existent admitted engineers from 2007. From this point of view, it is critical to make the accurate forecast of number of required construction engineers for providing the basis for the most appropriate policy from 2008 to 2017. This research have developed a construction engineer supply-demand forecast model based on the GDP and construction market analysis. The results of this research will be applied to the basic data that policy planner establishes the supply-demand policy of construction engineers.

Forecasting Demand of Childcare Teachers using Time Series Analysis (시계열 분석을 통한 보육교사 수급 전망)

  • Lee, Mee Hwa;Park, Jinah;Kang, Eun Jin
    • Korean Journal of Childcare and Education
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    • v.12 no.6
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    • pp.123-137
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    • 2016
  • The purpose of this study was to forecast demand of childcare teachers based ion four different scenarios. In order to, the demand for childcare teachers from 2015 to 2024 were forecasted using time series techniques with data on the number of childcare teachers from 2003 to 2014. Results were as followings. Firstly, the demand for childcare teachers was expected to increase until 2019, but after 2020 steadily decreased in terms of scenario 1(child teacher ratio regulation). According to scenario 2(child teacher ratio based on 17 cities and provinces), the demand for childcare teachers was expected to need 440 teachers more until 2016. Then, according to scenario 3(two teachers each class), Scenario 4-1(one teacher and one staff each 2 toddler class and 3 older class) and scenario 4-2(one teacher and one staff each class), the demand of childcare teachers and staffs were estimated. These results implicated that childcare teachers and staffs supply policy would be established according to forecast demand.

Decision-Making based on Uncertain Information in a Beer Distribution Game U sing the Taguchi Method (맥주매송게임에서 다구찌 방법에 의한 불확실 정보 기반 의사결정 연구)

  • Lee, Ki-Kwang
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.3
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    • pp.162-168
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    • 2010
  • Information is known to be a key element for the successful operation of a supply chain, which is required of the efficient ordering strategies and accurate predictions of demands. This study proposes a method to effectively utilize the meteorological forecast information in order to make decisions about ordering and prediction of demands by using the Taguchi experimental design. It is supposed that each echelon in a supply chain determines the order quantity with the prediction of precipitation in the next day based on probability forecast information. The precipitation event is predicted when the probability of the precipitation exceeds a chosen threshold. Accordingly, the choice of the threshold affect the performances of a supply chain. The Taguchi method is adopted to deduce a set of thresholds for echelons which is least sensitive to changes in environmental conditions, such as variability of demand distributions and production periods. A simulation of the beer distribution game was conducted to show that the set of thresholds found by the Taguchi method can reduce the cumulative chain cost, which consists of inventory and backlog costs.

Short-Term Wind Speed Forecast Based on Least Squares Support Vector Machine

  • Wang, Yanling;Zhou, Xing;Liang, Likai;Zhang, Mingjun;Zhang, Qiang;Niu, Zhiqiang
    • Journal of Information Processing Systems
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    • v.14 no.6
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    • pp.1385-1397
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    • 2018
  • There are many factors that affect the wind speed. In addition, the randomness of wind speed also leads to low prediction accuracy for wind speed. According to this situation, this paper constructs the short-time forecasting model based on the least squares support vector machines (LSSVM) to forecast the wind speed. The basis of the model used in this paper is support vector regression (SVR), which is used to calculate the regression relationships between the historical data and forecasting data of wind speed. In order to improve the forecast precision, historical data is clustered by cluster analysis so that the historical data whose changing trend is similar with the forecasting data can be filtered out. The filtered historical data is used as the training samples for SVR and the parameters would be optimized by particle swarm optimization (PSO). The forecasting model is tested by actual data and the forecast precision is more accurate than the industry standards. The results prove the feasibility and reliability of the model.