• Title/Summary/Keyword: time-utility function

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A Study on the Stochastic Demand Forecast for the Capacity Calculation of Urban Planning Facilities (도시계획시설 용량 산정을 위한 확률적 수요 예측에 관한 연구)

  • Jae Young Kang;Jong Jin Kim
    • Land and Housing Review
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    • v.15 no.1
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    • pp.135-146
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    • 2024
  • This study predicts the means sharing ratio of the urban air transportation (UAM) when the VertiHub of the UAM in the southern western part is built at Songjeong Station in Gwanju. Based on Monte Carlo simulation of the utility function and means selection logit model for each means of transportation, our findings indicate an average mode share of 0.95%, with a variability range from 0.07% to 4.7%. Moreover, 95% of the simulation outcomes fall below a 2.02% mode share. Sensitivity analysis, conducted via Tornado Plot, highlights that the mode share is principally influenced by factors such as the unit fare, cost parameter, basic fare, and the time required for takeoff and landing. Notably, a negative correlation exists for unit fare, basic fare, and takeoff and landing time, suggesting the necessity of setting an appropriate level of fair to enhance UAM utilization.

Analysis of Consumer Preferences on Social Commerce Buying Environment (구매시점을 중심으로 소셜커머스 구매환경이 미치는 소비자 선호 별 효용 분석)

  • Choi, Soyeong;Lim, Hyung Soo;Jun, Duk Bin;Kang, Sungyeol
    • Journal of the Korean Operations Research and Management Science Society
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    • v.42 no.2
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    • pp.1-17
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    • 2017
  • Based on increased popularity and use of social network services as a marketing tool, social commerce became an emerging trend in e-commerce platforms. Social commerce involves sellers offering potential consumers the products and services at a lower price in a limited time period. Through comparison of the performances of domestic social commerce websites, we found that the buying environment such as price, number of available products, and the remaining time period for sale has a significant difference influencing on the purchase decisions of consumers. This study aims to analyze the interaction effects and preference levels of four characteristics (price, discount rate, number of purchases and purchase time) by conducting choice-based conjoint analysis. Survey experiment was performed using a sample of 146 undergraduate and graduate students. The results showed that consumers importantly consider purchase time, discount rate, price, number of purchases in the order of their preference. Also, discount effect is more significant on purchase decisions than price effect and consumers distinguish less the differences among the buying environment characteristics in the closing days of purchase period. Customer segmentation using the preference levels of characteristics indicates that the preference levels have different effects in the purchase utility of each segment. The proposed customer segmentation and differences in feature utilities are expected to be valuable in forming future sales promotion strategies in social commerce.

Dynamic Resource Adjustment for Coexistence of LAA and Wi-Fi in 5 GHz Unlicensed Bands

  • Choi, Jihoon;Kim, Eunkyung;Chang, Sungcheol
    • ETRI Journal
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    • v.37 no.5
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    • pp.845-855
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    • 2015
  • To enable the coexistence of Licensed Assisted Access (LAA) and Wi-Fi in 5 GHz unlicensed bands, a new channel access mechanism is proposed. Accounting for the fairness between LAA and Wi-Fi, the proposed mechanism finds the optimal transmission time ratio by adaptively adjusting the transmission durations for LAA and Wi-Fi. In addition, we propose a new analytical model for the distributed coordination function of IEEE 802.11 through some modifications of conventional analytical models for saturation and non-saturation loads. By computing the activity ratio of Wi-Fi, the proposed analytical model is able to control the time ratio between LAA and Wi-Fi, which is required for practical implementation of the proposed access mechanism. Through numerical simulations, the proposed channel access mechanism is compared with conventional methods in terms of throughput and utility.

Development and Application of the Heteroscedastic Logit Model (이분산 로짓모형의 추정과 적용)

  • 양인석;노정현;김강수
    • Journal of Korean Society of Transportation
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    • v.21 no.4
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    • pp.57-66
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    • 2003
  • Because the Logit model easily calculates probabilities for choice alternatives and estimates parameters for explanatory variables, it is widely used as a traffic mode choice model. However, this model includes an assumption which is independently and identically distributed to the error component distribution of the mode choice utility function. This paper is a study on the estimation of the Heteroscedastic Logit Model. which mitigates this assumption. The purpose of this paper is to estimate a Logit model that more accurately reflects the mode choice behavior of passengers by resolving the homoscedasticity of the model choice utility error component. In order to do this, we introduced a scale factor that is directly related to the error component distribution of the model. This scale factor was defined so as to take into account the heteroscedasticity in the difference in travel time between using public transport and driving a car, and was used to estimate the travel time parameter. The results of the Logit Model estimation developed in this study show that Heteroscedastic Logit Models can realistically reflect the mode choice behavior of passengers, even if the difference in travel time between public and private transport remains the same as passenger travel time increases, by identifying the difference in mode choice probability of passengers for public transportation.

A Learning-based Power Control Scheme for Edge-based eHealth IoT Systems

  • Su, Haoru;Yuan, Xiaoming;Tang, Yujie;Tian, Rui;Sun, Enchang;Yan, Hairong
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.15 no.12
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    • pp.4385-4399
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    • 2021
  • The Internet of Things (IoT) eHealth systems composed by Wireless Body Area Network (WBAN) has emerged recently. Sensor nodes are placed around or in the human body to collect physiological data. WBAN has many different applications, for instance health monitoring. Since the limitation of the size of the battery, besides speed, reliability, and accuracy; design of WBAN protocols should consider the energy efficiency and time delay. To solve these problems, this paper adopt the end-edge-cloud orchestrated network architecture and propose a transmission based on reinforcement algorithm. The priority of sensing data is classified according to certain application. System utility function is modeled according to the channel factors, the energy utility, and successful transmission conditions. The optimization problem is mapped to Q-learning model. Following this online power control protocol, the energy level of both the senor to coordinator, and coordinator to edge server can be modified according to the current channel condition. The network performance is evaluated by simulation. The results show that the proposed power control protocol has higher system energy efficiency, delivery ratio, and throughput.

A Sequencing Considering Delivery and Machine Idle time in Production System with Buffer Constrained (버퍼용량제한이 있는 생산시스템에서 납기와 기계유휴시간을 고려한 Sequencing)

  • Kim, Jung
    • Journal of Industrial Convergence
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    • v.3 no.1
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    • pp.19-31
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    • 2005
  • This paper deals with the sequencing problem in the operation of the manufacturing systems with the constraint of buffer capacity. Some of studies for this theme have been progressed for several years. And then most of them considered only one objective, such as maximum lateness, machine utilization, makespan, mean flowtime and so on. This study deal with two objectives of the delivery for customers and the idle time of machines for producers. For the decision of sequence, the utility function is used. The developed heuristic algorithm presents a good solution. Through a numerical example, the procedures of the job sequencing is explained.

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Sensitivity Analysis for Joint Pricing and Lot-sizing Model with Price Dependent Demand under Day terms Supplier Credit in a Two-stage Supply Chain

  • Shinn, Seong-Whan
    • International Journal of Advanced Culture Technology
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    • v.8 no.2
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    • pp.270-276
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    • 2020
  • In this paper, we analyze the buyer's joint pricing and lot-sizing model in a two-stage supply chain consisting of the supplier, the buyer and the customer. It is assumed that the supplier will permit a certain fixed period for settling the amount the buyer owes to him for the items supplied in order to stimulate the demand for the product. Generally, credit transactions would have a positive effect to the buyer. The availability of credit transactions from the supplier effectively reduces the cost of holding stocks for the buyer and therefore, the buyer has a lot of price options to choose his sales price for a customer in anticipation of increased the customer's demand and, as a result, it will appear to increase the buyer's inventory levels. On the other hand, in the case of decaying products in which their utility decay over time, the decaying rate with time may be expected to reduce inventory levels. In this regard, we need to analyze how much the length of credit period and the decaying rate affect the buyer's pricing and lot-sizing policy. For the analysis, we consider the situation where the customer's demand is represented as a linearly decreasing function of the buyer's sales price. From this perspective, we formulate the buyer's annual net profit and analyze the effect of the length of credit period and decaying rate of the product on the buyer's inventory policy numerically.

The Utility of Measuring Paravertebral Muscle Function with 3D-NEWTON (3차원 뉴튼(3D-NEWTON)을 이용한 척추 주위근 기능 평가의 유용성)

  • Han, Nami;Kim, Hyun Dong;Hwang, Ji Sun;Bae, Jung-Hyuk
    • The Journal of Korean Physical Therapy
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    • v.25 no.1
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    • pp.16-22
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    • 2013
  • Purpose: This study evaluated the validity of measuring paravertebral muscle function with 3D-NEWTON (Hanmed, Korea) by assessing the correlation between Biodex (Biodex, USA) and surface electromyography (EMG). Methods: Nineteen healthy adults participated. The function of their paravertebral muscle was measured in three ways. Maximum endurance time was measured in seconds when 3D-NEWTON was inclined forward for assessing extensor function, and inclined backward for assessing flexor function. Using surface EMG, maximum muscle activity was obtained from the eractor spinae and rectus abdominis during the 3D-NEWTON measurement. Maximum muscle activity was the mean activity from 10 seconds when the root mean squared firing data was highest. Through Biodex the peak torques of the extensor and flexor were measured during isometric exercises. The Spearman correlation coefficiencts from 3D-NEWTON, surface EMG, and Biodex were calculated. Results: The data from surface EMG and Biodex were statistically correlated when measured for flexor function, but less so for extensor function. In the case of 3D-NEWTON, the correlation coefficient with Biodex was 0.50 (p=0.05), while the coefficient with surface EMG was 0.53 (p=0.02) when measured for extensor function. Similarly, the correlation coefficienct with Biodex was 0.60 (p=0.01), while the surface EMG was 0.51 (p=0.03) for flexor function. Conclusion: 3D-NEWTON was a useful method for measuring paravertebral muscle function and can give helpful information for treating people with diseases associated with the lumbar spine.

The Rate Schedule of Income Tax and Vertical Equity (개인소대세(個人所待稅) 세율구조(稅率構造)와 수직적(垂直的) 형평(衡平))

  • Roh, Kee-sung
    • KDI Journal of Economic Policy
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    • v.13 no.4
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    • pp.59-90
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    • 1991
  • The purpose of this paper is to determine whether the rate schedule of the Korean income tax system embodies the theoretically desirable distribution of the tax burden by income classes. The paper follows the approach of Young (1990) who has estimated the utility function and calculated the magnitude of sacrifice, i.e., the tax burden. The main point of the study is to estimate the utility function. The estimation results may differ if different data sets are used. Therefore, this paper employs the effective as well as the nominal tax rate schedule. The findings derived in this paper are 1) that the effective rate schedule is more appropriate in estimating the utility function; 2) that the middle class has born the relatively heavier burden over time; 3) that the current income tax credit scheme curtails the tax burden on the middle class while intensifying the tax burden of the lower and upper income classes; 4) that reducing the amount of deduction moves the distribution of tax burdens by income classes closer to the theoretically desirable model; 5) that the rate schedule of the Korean income tax system, particularly in 1991, did not conform to the desired model as did the tax systems of developed countries such as the United States, Italy, Japan, and Germany.

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Optimal Price and Auction Period Decision Method Based on Auction Game Theory for Spectrum Allocation in Cognitive Radio Networks (인지무선 주파수 분배 과정에서 옥션게임을 이용한 최적 가격 및 옥션 주기 결정 방법)

  • Park, Jin-Seok;Kang, Keon-Kyu;Lee, Sang-Young;Baek, Sun-Woo;Yoo, Sang-Jo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.38A no.11
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    • pp.944-954
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    • 2013
  • Cognitive radio technology gives secondary users chances that they can use specific spectrum of the primary user when the primary user doesn't use it. This paper proposes the algorithm that maximizes the benefit of the primary user considering spectrum price and auction period by using the auction game theory. According to the ratio of spectrum that secondary users bid, primary user allocates spectrum to secondary users. In the process of repeated auction, the primary user gets to find the optimal price of spectrum. Using the price and the proposed utility function of primary user, we derive the optimal auction period. At the same time, the primary user finally determines the price of spectrum appropriate for the optimal period.