• Journal of the Korean Operations Research and Management Science Society
• /
• v.38 no.1
• /
• pp.45-59
• /
• 2013

A long-term forecasting method for a new product in early stage of diffusion is proposed. The method includes a constrained non-linear least square estimation with the logistic diffusion model. The constraints would be critical market informations such as market potential, peak point, and take-off. Findings on 20 cases having almost full life cycle are that (i) combining any market information improves the forecasting accuracy, (ii) market potential is the most stable information, and (iii) peak point and take-off information have negative effect in case of overestimation.

• Journal of Labour Economics
• /
• v.37 no.1
• /
• pp.87-116
• /
• 2014

Forecasting of short-term employment fluctuations provides a useful tool for policy makers in risk managing the labor market. Following the process of producing the composite leading indicator for macro economy, the paper develops the employment leading indicator(ELI) for the purpose of short-term forecasting non-farm payroll employment in private sectors. ELI focuses on early detecting the point of time and the speed in phase change of employment level.

• Proceedings of the Korea Inteligent Information System Society Conference
• /
• 2000.11a
• /
• pp.489-497
• /
• 2000

After IMF situation, the money market environment is changing rapidly. Therefore, many companies including financial institutions and many individual investors are concerned about forecasting the money market, and they make an effort to insure the various profit and hedge methods using derivatives like option, futures and swap. In this research, we developed a prototype of forecasting system for KOSPI 200 option, especially call option, trading using artificial neural networks(ANN), To avoid the overfitting problem and the problem involved int the choice of ANN structure and parameters, we employed the ANN ensemble approach. We conducted two types of simulation. One is conducted with the hold signals taken into account, and the other is conducted without hold signals. Even though our models show low accuracy for the sample set extracted from the data collected in the early stage of IMF situation, they perform better in terms of profit and stability than the model that uses only the theoretical price.

• Korean Journal of Construction Engineering and Management
• /
• v.10 no.1
• /
• pp.102-113
• /
• 2009

When planning and promoting apartment house development project, it is very important to carry on profitability in planning stage through realistic evaluation and analysis about distributability. Especially, the analysis about project feasibility through forecasting the early distribute rate is crucial stage because it could evaluate overall expecting benefit and feasibility of the project. However, researches and studies related with forecasting profitability and distributabilty of construction development project are insufficient. Also there is a big gap of the standard for evaluating early distribute rate between government and individual corporations. So it is necessary to study about the evaluating early distribute rate. In this point, this study aims to present effective evaluating standard(criteria) which is for forecasting profitability and distribute rate through analyzing various factors and weight of apartment house development projects. This study compared and analyzed examples of the real initial rate of private apartment sale based on the government estimated standard. Among estimated index, omitted items and factors to be additionally considered are combined as 33 detail appraisal contents of 4 parts 9 items by allotting them based on the data about priority of all considered factors.

• 한국정보통신설비학회:학술대회논문집
• /
• 2009.08a
• /
• pp.157-161
• /
• 2009

In recent years, there is a remarkable progress in ICTs (Information and Communication Technologies), and then many attempts to apply ICTs to other industries are being made. In the field of disaster managements, ICTs such as RFID (Radio Frequency IDentification) and USN (Ubiquitous Sensor Network) are used to provide safe environments. Actually, various types of early warning systems using USN are now widely used to monitor natural disasters such as floods, landslides and earthquakes, and also to detect human-caused disasters such as fires, explosions and collapses. These early warning systems issue alarms rapidly when a disaster is detected or an event exceeds prescribed thresholds, and furthermore deliver alarm messages to disaster managers and citizens. In general, these systems consist of a number of various sensors and measure real-time stream data, which requires an efficient and rapid data processing technique. In this study, an event-driven architecture (EDA) is presented to collect event effectively and to provide an alert rapidly. A publish/subscribe event processing method to process simple event is introduced. Additionally, a complex event processing (CEP) technique is introduced to process complex data from various sensors and to provide prompt and reasonable decision supports when many disasters happen simultaneously. A basic concept of CEP technique is presented and the advantages of the technique in disaster management are also discussed. Then, how the main processing methods of CEP such as aggregation, correlation, and filtering can be applied to disaster management is considered. Finally, an example of flood forecasting and early alarm system in which CEP is incorporated is presented It is found that the CEP based on the EDA will provide an efficient early warning method when disaster happens.

• Journal of Korean Society on Water Environment
• /
• v.27 no.4
• /
• pp.533-541
• /
• 2011

Algal blooms have caused problems for drinking water as well as eutrophication. However it is difficult to control algal blooms by current warning manual in rainy season because the algal blooms happen in a few days. The water quality data, which have high correlations with Chlorophyll-a on Daecheongho station, were analyzed and chosen as input data of Artificial Neural Networks (ANN) for training pattern changes. ANN was applied to early forecasting of algal blooms, and ANN was assessed by forecasting errors. Water temperature, pH and Dissolved oxygen were important factors in the cross correlation analysis. Some water quality items like Total phosphorus and Total nitrogen showed similar pattern to the Chlorophyll-a changes with time lag. ANN model (No. 3), which was calibrated by water temperature, pH and DO data, showed lowest error. The combination of 1 day, 3 days, 7 days forecasting makes outputs more stable. When automatic monitoring data were used for algal bloom forecasting in Daecheong reservoir, ANN model must be trained by just input data which have high correlation with Chlorophyll-a concentration. Modular type model, which is combined with the output of each model, can be effectively used for stable forecasting.

• Journal of the Korean Association of Geographic Information Studies
• /
• v.10 no.2
• /
• pp.91-102
• /
• 2007

To anticipate and respond to harmful algae produced in a big artificial lake like Daecheong reservoir, development of a regional analysis computer system using GIS or RS technique is needed in addition to biological and chemical research. The purpose of this study is to develop a cyanobacterial blooming prediction model to prevent harmful algae produced in Daecheong reservoir and construct an early forecasting system based on GIS. For this purpose this paper examines previous studies related to the relationship between cyanobacteria and environmental factors in Daecheong reservoir and selects precipitation and air temperature as two important environmental factors for the development of cyanobacterial blooming prediction model. Data used in this study are water quality and weather data for three water regions in Daecheong reservoir between 2000 and 2004. Based on qualitative correlation analysis between cyanobacteria and environmental factors, this paper presents a Rump model which enables us to predict cyanobacteria in water regions of Daecheong reservoir. Under this model the prediction of initial occurrence time and growth period of cyanobacteria are possible. The model is also applied to the GIS-based early forecasting system for cyanobacteria, and finally a GIS which can predict cyanobacteria produced in Daecheong reservoir and can manage the related data is developed.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2022.05a
• /
• pp.134-134
• /
• 2022

Streamflow forecasting plays a crucial role in water resource control, especially in highly urbanized areas that are very vulnerable to flooding during heavy rainfall event. In addition to providing the accurate prediction, the evaluation of effects and importance of the input predictors can contribute to water manager. Recently, machine learning techniques have applied their advantages for modeling complex and nonlinear hydrological processes. However, the techniques have not considered properly the importance and uncertainty of the predictor variables. To address these concerns, we applied the GA-BART, that integrates a genetic algorithm (GA) with the Bayesian additive regression tree (BART) model for hourly streamflow forecasting and analyzing input predictors. The Jungrang urban basin was selected as a case study and a database was established based on 39 heavy rainfall events during 2003 and 2020 from the rain gauges and monitoring stations. For the goal of this study, we used a combination of inputs that included the areal rainfall of the subbasins at current time step and previous time steps and water level and streamflow of the stations at time step for multistep-ahead streamflow predictions. An analysis of multiple datasets including different input predictors was performed to define the optimal set for streamflow forecasting. In addition, the GA-BART model could reasonably determine the relative importance of the input variables. The assessment might help water resource managers improve the accuracy of forecasts and early flood warnings in the basin.

• Journal of Korea Technology Innovation Society
• /
• v.14 no.spc
• /
• pp.1232-1255
• /
• 2011

This paper proposes a model for demand forecasting that will require less effort in the process of utilizing the new product diffusion model while also allowing for more objective and timely application. Drawing upon the theoretical foundation provided by the hype cycle model and the consumer adoption model, this proposed model makes it possible to estimate the maximum market potential based solely on bibliometrics and the scale of the early market, thereby presenting a method for supplying the major parameters required for the Bass model. Upon analyzing the forecasting ability of this model by applying it to the case of the hybrid car market, the model was confirmed to be capable of successfully forecasting results similar in scale to the market potential deduced through various other objective sources of information, thus underscoring the potentials of utilizing this model. Moreover, even the hype cycle or the life cycle can be estimated through direct linkage with bibliometrics and the Bass model. In cases where the hype cycles of other models have been observed, the forecasting ability of this model was demonstrated through simple case studies. Since this proposed model yields a maximum market potential that can also be applied directly to other growth curve models, the model presented in the following paper provides new directions in the endeavor to forecast technology diffusion and identify promising technologies through bibliometrics.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2022.05a
• /
• pp.141-141
• /
• 2022

Drought is a global phenomenon that affects almost all landscapes and causes major damages. Due to non-linear nature of contributing factors, drought occurrence and its severity is characterized as stochastic in nature. Early warning of impending drought can aid in the development of drought mitigation strategies and measures. Thus, drought forecasting is crucial in the planning and management of water resource systems. The primary objective of this study is to make improvement is existing drought forecasting techniques. Therefore, we proposed an improved version of Seasonal Autoregressive Integrated Moving Average (SARIMA) model (MD-SARIMA) for reliable drought forecasting with three years lead time. In this study, we selected four watersheds of Han River basin in South Korea to validate the performance of MD-SARIMA model. The meteorological data from 8 rain gauge stations were collected for the period 1973-2016 and converted into watershed scale using Thiessen's polygon method. The Standardized Precipitation Index (SPI) was employed to represent the meteorological drought at seasonal (3-month) time scale. The performance of MD-SARIMA model was compared with existing models such as Seasonal Naive Bayes (SNB) model, Exponential Smoothing (ES) model, Trigonometric seasonality, Box-Cox transformation, ARMA errors, Trend and Seasonal components (TBATS) model, and SARIMA model. The results showed that all the models were able to forecast drought, but the performance of MD-SARIMA was robust then other statistical models with Wilmott Index (WI) = 0.86, Mean Absolute Error (MAE) = 0.66, and Root mean square error (RMSE) = 0.80 for 36 months lead time forecast. The outcomes of this study indicated that the MD-SARIMA model can be utilized for drought forecasting.