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Search results for: real-time demand

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text-center" style="font-size:1.6rem;">Search results for: real-time demand</h1> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3268</span> 150 KVA Multifunction Laboratory Test Unit Based on Power-Frequency Converter</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Bartosz%20Kedra">Bartosz Kedra</a>, <a href="https://publications.waset.org/abstracts/search?q=Robert%20Malkowski"> Robert Malkowski</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper provides description and presentation of laboratory test unit built basing on 150 kVA power frequency converter and Simulink RealTime platform. Assumptions, based on criteria which load and generator types may be simulated using discussed device, are presented, as well as control algorithm structure. As laboratory setup contains transformer with thyristor controlled tap changer, a wider scope of setup capabilities is presented. Information about used communication interface, data maintenance, and storage solution as well as used Simulink real-time features is presented. List and description of all measurements are provided. Potential of laboratory setup modifications is evaluated. For purposes of Rapid Control Prototyping, a dedicated environment was used Simulink RealTime. Therefore, load model Functional Unit Controller is based on a PC computer with I/O cards and Simulink RealTime software. Simulink RealTime was used to create real-time applications directly from Simulink models. In the next step, applications were loaded on a target computer connected to physical devices that provided opportunity to perform Hardware in the Loop (HIL) tests, as well as the mentioned Rapid Control Prototyping process. With Simulink RealTime, Simulink models were extended with I/O cards driver blocks that made automatic generation of real-time applications and performing interactive or automated runs on a dedicated target computer equipped with a real-time kernel, multicore CPU, and I/O cards possible. Results of performed laboratory tests are presented. Different load configurations are described and experimental results are presented. This includes simulation of under frequency load shedding, frequency and voltage dependent characteristics of groups of load units, time characteristics of group of different load units in a chosen area and arbitrary active and reactive power regulation basing on defined schedule. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=MATLAB" title="MATLAB">MATLAB</a>, <a href="https://publications.waset.org/abstracts/search?q=power%20converter" title=" power converter"> power converter</a>, <a href="https://publications.waset.org/abstracts/search?q=Simulink%20Real-Time" title=" Simulink Real-Time"> Simulink Real-Time</a>, <a href="https://publications.waset.org/abstracts/search?q=thyristor-controlled%20tap%20changer" title=" thyristor-controlled tap changer"> thyristor-controlled tap changer</a> </p> <a href="https://publications.waset.org/abstracts/50924/150-kva-multifunction-laboratory-test-unit-based-on-power-frequency-converter" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/50924.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">323</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3267</span> Performance of the Abbott RealTime High Risk HPV Assay with SurePath Liquid Based Cytology Specimens from Women with Low Grade Cytological Abnormalities</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Alexandra%20Sargent">Alexandra Sargent</a>, <a href="https://publications.waset.org/abstracts/search?q=Sarah%20Ferris"> Sarah Ferris</a>, <a href="https://publications.waset.org/abstracts/search?q=Ioannis%20Theofanous"> Ioannis Theofanous</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The Abbott RealTime High Risk HPV test (RealTime HPV) is one of five assays clinically validated and approved by the English NHS Cervical Screening Programme (CSP) for HPV triage of low grade dyskaryosis and test-of-cure of treated Cervical Intraepithelial Neoplasia. The assay is a highly automated multiplex real-time PCR test for detecting 14 high risk (hr) HPV types, with simultaneous differentiation of HPV 16 and HPV 18 versus non-HPV 16/18 hrHPV. An endogenous internal control ensures sample cellularity, controls extraction efficiency and PCR inhibition. The original cervical specimen collected in SurePath (SP) liquid-based cytology (LBC) medium (BD Diagnostics) and the SP post-gradient cell pellets (SPG) after cytological processing are both CE marked for testing with the RealTime HPV test. During the 2011 NHSCSP validation of new tests only the original aliquot of SP LBC medium was investigated. Residual sample volume left after cytology slide preparation is low and may not always have sufficient volume for repeat HPV testing or for testing of other biomarkers that may be implemented in testing algorithms in the future. The SPG samples, however, have sufficient volumes to carry out additional testing and necessary laboratory validation procedures. This study investigates the correlation of RealTime HPV results of cervical specimens collected in SP LBC medium from women with low grade cytological abnormalities observed with matched pairs of original SP LBC medium and SP post-gradient cell pellets (SPG) after cytology processing. Matched pairs of SP and SPG samples from 750 women with borderline (N = 392) and mild (N = 351) cytology were available for this study. Both specimen types were processed and parallel tested for the presence of hrHPV with RealTime HPV according to the manufacturer´s instructions. HrHPV detection rates and concordance between test results from matched SP and SPGCP pairs were calculated. A total of 743 matched pairs with valid test results on both sample types were available for analysis. An overall-agreement of hrHPV test results of 97.5% (k: 0.95) was found with matched SP/SPG pairs and slightly lower concordance (96.9%; k: 0.94) was observed on 392 pairs from women with borderline cytology compared to 351 pairs from women with mild cytology (98.0%; k: 0.95). Partial typing results were highly concordant in matched SP/SPG pairs for HPV 16 (99.1%), HPV 18 (99.7%) and non-HPV16/18 hrHPV (97.0%), respectively. 19 matched pairs were found with discrepant results: 9 from women with borderline cytology and 4 from women with mild cytology were negative on SPG and positive on SP; 3 from women with borderline cytology and 3 from women with mild cytology were negative on SP and positive on SPG. Excellent correlation of hrHPV DNA test results was found between matched pairs of SP original fluid and post-gradient cell pellets from women with low grade cytological abnormalities tested with the Abbott RealTime High-Risk HPV assay, demonstrating robust performance of the test with both specimen types and reassuring the utility of the assay for cytology triage with both specimen types. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Abbott%20realtime%20test" title="Abbott realtime test">Abbott realtime test</a>, <a href="https://publications.waset.org/abstracts/search?q=HPV" title=" HPV"> HPV</a>, <a href="https://publications.waset.org/abstracts/search?q=SurePath%20liquid%20based%20cytology" title=" SurePath liquid based cytology"> SurePath liquid based cytology</a>, <a href="https://publications.waset.org/abstracts/search?q=surepath%20post-gradient%20cell%20pellet" title=" surepath post-gradient cell pellet"> surepath post-gradient cell pellet</a> </p> <a href="https://publications.waset.org/abstracts/61325/performance-of-the-abbott-realtime-high-risk-hpv-assay-with-surepath-liquid-based-cytology-specimens-from-women-with-low-grade-cytological-abnormalities" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/61325.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">258</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3266</span> Developing a Multiagent-Based Decision Support System for Realtime Multi-Risk Disaster Management</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=D.%20Moser">D. Moser</a>, <a href="https://publications.waset.org/abstracts/search?q=D.%20Pinto"> D. Pinto</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20Cipriano"> A. Cipriano </a> </p> <p class="card-text"><strong>Abstract:</strong></p> A Disaster Management System (DMS) for countries with different disasters is very important. In the world different disasters like earthquakes, tsunamis, volcanic eruption, fire or other natural or man-made disasters occurs and have an effect on the population. It is also possible that two or more disasters arisen at the same time, this means to handle multi-risk situations. To handle such a situation a Decision Support System (DSS) based on multiagents is a suitable architecture. The most known DMSs deal with one (in the case of an earthquake-tsunami combination with two) disaster and often with one particular disaster. Nevertheless, a DSS helps for a better realtime response. Analyze the existing systems in the literature and expand them for multi-risk disasters to construct a well-organized system is the proposal of our work. The here shown work is an approach of a multi-risk system, which needs an architecture, and well-defined aims. In this moment our study is a kind of case study to analyze the way we have to follow to create our proposed system in the future. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=decision%20support%20system" title="decision support system">decision support system</a>, <a href="https://publications.waset.org/abstracts/search?q=disaster%20management%20system" title=" disaster management system"> disaster management system</a>, <a href="https://publications.waset.org/abstracts/search?q=multi-risk" title=" multi-risk"> multi-risk</a>, <a href="https://publications.waset.org/abstracts/search?q=multiagent%20system" title=" multiagent system"> multiagent system</a> </p> <a href="https://publications.waset.org/abstracts/26119/developing-a-multiagent-based-decision-support-system-for-realtime-multi-risk-disaster-management" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/26119.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">431</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3265</span> Recommender System Based on Mining Graph Databases for Data-Intensive Applications</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mostafa%20Gamal">Mostafa Gamal</a>, <a href="https://publications.waset.org/abstracts/search?q=Hoda%20K.%20Mohamed"> Hoda K. Mohamed</a>, <a href="https://publications.waset.org/abstracts/search?q=Islam%20El-Maddah"> Islam El-Maddah</a>, <a href="https://publications.waset.org/abstracts/search?q=Ali%20Hamdi"> Ali Hamdi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In recent years, many digital documents on the web have been created due to the rapid growth of ’social applications’ communities or ’Data-intensive applications’. The evolution of online-based multimedia data poses new challenges in storing and querying large amounts of data for online recommender systems. Graph data models have been shown to be more efficient than relational data models for processing complex data. This paper will explain the key differences between graph and relational databases, their strengths and weaknesses, and why using graph databases is the best technology for building a realtime recommendation system. Also, The paper will discuss several similarity metrics algorithms that can be used to compute a similarity score of pairs of nodes based on their neighbourhoods or their properties. Finally, the paper will discover how NLP strategies offer the premise to improve the accuracy and coverage of realtime recommendations by extracting the information from the stored unstructured knowledge, which makes up the bulk of the world’s data to enrich the graph database with this information. As the size and number of data items are increasing rapidly, the proposed system should meet current and future needs. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=graph%20databases" title="graph databases">graph databases</a>, <a href="https://publications.waset.org/abstracts/search?q=NLP" title=" NLP"> NLP</a>, <a href="https://publications.waset.org/abstracts/search?q=recommendation%20systems" title=" recommendation systems"> recommendation systems</a>, <a href="https://publications.waset.org/abstracts/search?q=similarity%20metrics" title=" similarity metrics"> similarity metrics</a> </p> <a href="https://publications.waset.org/abstracts/163018/recommender-system-based-on-mining-graph-databases-for-data-intensive-applications" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/163018.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">104</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3264</span> Forecasting Materials Demand from Multi-Source Ordering</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Hui%20Hsin%20Huang">Hui Hsin Huang</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The downstream manufactures will order their materials from different upstream suppliers to maintain a certain level of the demand. This paper proposes a bivariate model to portray this phenomenon of material demand. We use empirical data to estimate the parameters of model and evaluate the RMSD of model calibration. The results show that the model has better fitness. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=recency" title="recency">recency</a>, <a href="https://publications.waset.org/abstracts/search?q=ordering%20time" title=" ordering time"> ordering time</a>, <a href="https://publications.waset.org/abstracts/search?q=materials%20demand%20quantity" title=" materials demand quantity"> materials demand quantity</a>, <a href="https://publications.waset.org/abstracts/search?q=multi-source%20ordering" title=" multi-source ordering"> multi-source ordering</a> </p> <a href="https://publications.waset.org/abstracts/57842/forecasting-materials-demand-from-multi-source-ordering" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/57842.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">534</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3263</span> Demand Response from Residential Air Conditioning Load Using a Programmable Communication Thermostat</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Saurabh%20Chanana">Saurabh Chanana</a>, <a href="https://publications.waset.org/abstracts/search?q=Monika%20Arora"> Monika Arora</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Demand response is getting increased attention these days due to the increase in electricity demand and introduction of renewable resources in the existing power grid. Traditionally demand response programs involve large industrial consumers but with technological advancement, demand response is being implemented for small residential and commercial consumers also. In this paper, demand response program aims to reduce the peak demand as well as overall energy consumption of the residential customers. Air conditioners are the major reason of peak load in residential sector in summer, so a dynamic model of air conditioning load with thermostat action has been considered for applying demand response programs. A programmable communicating thermostat (PCT) is a device that uses real time pricing (RTP) signals to control the thermostat setting. A new model incorporating PCT in air conditioning load has been proposed in this paper. Results show that introduction of PCT in air conditioner is useful in reducing the electricity payments of customers as well as reducing the peak demand. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=demand%20response" title="demand response">demand response</a>, <a href="https://publications.waset.org/abstracts/search?q=home%20energy%20management" title=" home energy management"> home energy management</a>, <a href="https://publications.waset.org/abstracts/search?q=programmable%20communicating%20thermostat" title=" programmable communicating thermostat"> programmable communicating thermostat</a>, <a href="https://publications.waset.org/abstracts/search?q=thermostatically%20controlled%20appliances" title=" thermostatically controlled appliances"> thermostatically controlled appliances</a> </p> <a href="https://publications.waset.org/abstracts/1662/demand-response-from-residential-air-conditioning-load-using-a-programmable-communication-thermostat" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/1662.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">607</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3262</span> Inventory Control for Purchased Part under Long Lead Time and Uncertain Demand: MRP vs Demand-Driven MRP Approach</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=M.%20J.%20Shofa">M. J. Shofa</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20Hidayatno"> A. Hidayatno</a>, <a href="https://publications.waset.org/abstracts/search?q=O.%20M.%20Armand"> O. M. Armand</a> </p> <p class="card-text"><strong>Abstract:</strong></p> MRP as a production control system is appropriate for the deterministic environment. Unfortunately, most production systems such as customer demands are stochastic. Demand-Driven MRP (DDMRP) is a new approach for inventory control system, and it deals with demand uncertainty. The objective of this paper is to compare the MRP and DDMRP work for a long lead time and uncertain demand in terms of on-hand inventory levels. The evaluation is conducted through a discrete event simulation using purchased part data from an automotive company. The result is MRP gives 50,759 pcs / day while DDMRP gives 34,835 pcs / day (reduce 32%), it means DDMRP is more effective inventory control than MRP in terms of on-hand inventory levels. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Demand-Driven%20MRP" title="Demand-Driven MRP">Demand-Driven MRP</a>, <a href="https://publications.waset.org/abstracts/search?q=long%20lead%20time" title=" long lead time"> long lead time</a>, <a href="https://publications.waset.org/abstracts/search?q=MRP" title=" MRP"> MRP</a>, <a href="https://publications.waset.org/abstracts/search?q=uncertain%20demand" title=" uncertain demand"> uncertain demand</a> </p> <a href="https://publications.waset.org/abstracts/71415/inventory-control-for-purchased-part-under-long-lead-time-and-uncertain-demand-mrp-vs-demand-driven-mrp-approach" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/71415.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">301</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3261</span> Intermittent Demand Forecast in Telecommunication Service Provider by Using Artificial Neural Network</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Widyani%20Fatwa%20Dewi">Widyani Fatwa Dewi</a>, <a href="https://publications.waset.org/abstracts/search?q=Subroto%20Athor"> Subroto Athor</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In a telecommunication service provider, quantity and interval of customer demand often difficult to predict due to high dependency on customer expansion strategy and technological development. Demand arrives when a customer needs to add capacity to an existing site or build a network in a new site. Because demand is uncertain for each period, and sometimes there is a null demand for several equipments, it is categorized as intermittent. This research aims to improve demand forecast quality in Indonesia's telecommunication service providers by using Artificial Neural Network. In Artificial Neural Network, the pattern or relationship within data will be analyzed using the training process, followed by the learning process as validation stage. Historical demand data for 36 periods is used to support this research. It is found that demand forecast by using Artificial Neural Network outperforms the existing method if it is reviewed on two criteria: the forecast accuracy, using Mean Absolute Deviation (MAD), Mean of the sum of the Squares of the Forecasting Error (MSE), Mean Error (ME) and service level which is shown through inventory cost. This research is expected to increase the reference for a telecommunication demand forecast, which is currently still limited. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=artificial%20neural%20network" title="artificial neural network">artificial neural network</a>, <a href="https://publications.waset.org/abstracts/search?q=demand%20forecast" title=" demand forecast"> demand forecast</a>, <a href="https://publications.waset.org/abstracts/search?q=forecast%20accuracy" title=" forecast accuracy"> forecast accuracy</a>, <a href="https://publications.waset.org/abstracts/search?q=intermittent" title=" intermittent"> intermittent</a>, <a href="https://publications.waset.org/abstracts/search?q=service%20level" title=" service level"> service level</a>, <a href="https://publications.waset.org/abstracts/search?q=telecommunication" title=" telecommunication"> telecommunication</a> </p> <a href="https://publications.waset.org/abstracts/135655/intermittent-demand-forecast-in-telecommunication-service-provider-by-using-artificial-neural-network" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/135655.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">164</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3260</span> Study on Ecological Water Demand Evaluation of Typical Mountainous Rivers in Zhejiang Province: Taking Kaihua River as an Example</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Kaiping%20Xu">Kaiping Xu</a>, <a href="https://publications.waset.org/abstracts/search?q=Aiju%20You"> Aiju You</a>, <a href="https://publications.waset.org/abstracts/search?q=Lei%20Hua"> Lei Hua</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In view of the ecological environmental problems and protection needs of mountainous rivers in Zhejiang province, a suitable ecological water demand evaluation system was established based on investigation and monitoring. Taking the Kaihua river as an example, the research on ecological water demand and the current situation evaluation were carried out. The main types of ecological water demand in Majin River are basic ecological flow and lake wetland outside the river, and instream flow and water demands for water quality in Zhongcun river. In the wet season, each ecological water demand is 18.05m3/s and 2.56m3 / s, and in the dry season is 3.00m3/s and 0.61m3/s. Three indexes of flow, duration and occurrence time are used to evaluate the ecological water demand. The degree of ecological water demand in the past three years is low level of satisfaction. Meanwhile, the existing problems are analyzed, and put forward reasonable and operable safeguards and suggestions. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Zhejiang%20province" title="Zhejiang province">Zhejiang province</a>, <a href="https://publications.waset.org/abstracts/search?q=mountainous%20river" title=" mountainous river"> mountainous river</a>, <a href="https://publications.waset.org/abstracts/search?q=ecological%20water%20demand" title=" ecological water demand"> ecological water demand</a>, <a href="https://publications.waset.org/abstracts/search?q=Kaihua%20river" title=" Kaihua river"> Kaihua river</a>, <a href="https://publications.waset.org/abstracts/search?q=evaluation" title=" evaluation"> evaluation</a> </p> <a href="https://publications.waset.org/abstracts/94998/study-on-ecological-water-demand-evaluation-of-typical-mountainous-rivers-in-zhejiang-province-taking-kaihua-river-as-an-example" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/94998.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">241</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3259</span> Development of Prediction Models of Day-Ahead Hourly Building Electricity Consumption and Peak Power Demand Using the Machine Learning Method</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Dalin%20Si">Dalin Si</a>, <a href="https://publications.waset.org/abstracts/search?q=Azizan%20Aziz"> Azizan Aziz</a>, <a href="https://publications.waset.org/abstracts/search?q=Bertrand%20Lasternas"> Bertrand Lasternas</a> </p> <p class="card-text"><strong>Abstract:</strong></p> To encourage building owners to purchase electricity at the wholesale market and reduce building peak demand, this study aims to develop models that predict day-ahead hourly electricity consumption and demand using artificial neural network (ANN) and support vector machine (SVM). All prediction models are built in Python, with tool Scikit-learn and Pybrain. The input data for both consumption and demand prediction are time stamp, outdoor dry bulb temperature, relative humidity, air handling unit (AHU), supply air temperature and solar radiation. Solar radiation, which is unavailable a day-ahead, is predicted at first, and then this estimation is used as an input to predict consumption and demand. Models to predict consumption and demand are trained in both SVM and ANN, and depend on cooling or heating, weekdays or weekends. The results show that ANN is the better option for both consumption and demand prediction. It can achieve 15.50% to 20.03% coefficient of variance of root mean square error (CVRMSE) for consumption prediction and 22.89% to 32.42% CVRMSE for demand prediction, respectively. To conclude, the presented models have potential to help building owners to purchase electricity at the wholesale market, but they are not robust when used in demand response control. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=building%20energy%20prediction" title="building energy prediction">building energy prediction</a>, <a href="https://publications.waset.org/abstracts/search?q=data%20mining" title=" data mining"> data mining</a>, <a href="https://publications.waset.org/abstracts/search?q=demand%20response" title=" demand response"> demand response</a>, <a href="https://publications.waset.org/abstracts/search?q=electricity%20market" title=" electricity market"> electricity market</a> </p> <a href="https://publications.waset.org/abstracts/54774/development-of-prediction-models-of-day-ahead-hourly-building-electricity-consumption-and-peak-power-demand-using-the-machine-learning-method" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/54774.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">316</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3258</span> Tuning of the Thermal Capacity of an Envelope for Peak Demand Reduction</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Isha%20Rathore">Isha Rathore</a>, <a href="https://publications.waset.org/abstracts/search?q=Peeyush%20Jain"> Peeyush Jain</a>, <a href="https://publications.waset.org/abstracts/search?q=Elangovan%20Rajasekar"> Elangovan Rajasekar</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The thermal capacity of the envelope impacts the cooling and heating demand of a building and modulates the peak electricity demand. This paper presents the thermal capacity tuning of a building envelope to minimize peak electricity demand for space cooling. We consider a 40 m² residential testbed located in Hyderabad, India (Composite Climate). An EnergyPlus model is validated using real-time data. A Parametric simulation framework for thermal capacity tuning is created using the Honeybee plugin. Diffusivity, Thickness, layer position, orientation and fenestration size of the exterior envelope are parametrized considering a five-layered wall system. A total of 1824 parametric runs are performed and the optimum wall configuration leading to minimum peak cooling demand is presented. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=thermal%20capacity" title="thermal capacity">thermal capacity</a>, <a href="https://publications.waset.org/abstracts/search?q=tuning" title=" tuning"> tuning</a>, <a href="https://publications.waset.org/abstracts/search?q=peak%20demand%20reduction" title=" peak demand reduction"> peak demand reduction</a>, <a href="https://publications.waset.org/abstracts/search?q=parametric%20analysis" title=" parametric analysis"> parametric analysis</a> </p> <a href="https://publications.waset.org/abstracts/143562/tuning-of-the-thermal-capacity-of-an-envelope-for-peak-demand-reduction" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/143562.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">184</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3257</span> Electricity Demand Modeling and Forecasting in Singapore</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Xian%20Li">Xian Li</a>, <a href="https://publications.waset.org/abstracts/search?q=Qing-Guo%20Wang"> Qing-Guo Wang</a>, <a href="https://publications.waset.org/abstracts/search?q=Jiangshuai%20Huang"> Jiangshuai Huang</a>, <a href="https://publications.waset.org/abstracts/search?q=Jidong%20Liu"> Jidong Liu</a>, <a href="https://publications.waset.org/abstracts/search?q=Ming%20Yu"> Ming Yu</a>, <a href="https://publications.waset.org/abstracts/search?q=Tan%20Kok%20Poh"> Tan Kok Poh </a> </p> <p class="card-text"><strong>Abstract:</strong></p> In power industry, accurate electricity demand forecasting for a certain leading time is important for system operation and control, etc. In this paper, we investigate the modeling and forecasting of Singapore’s electricity demand. Several standard models, such as HWT exponential smoothing model, the ARMA model and the ANNs model have been proposed based on historical demand data. We applied them to Singapore electricity market and proposed three refinements based on simulation to improve the modeling accuracy. Compared with existing models, our refined model can produce better forecasting accuracy. It is demonstrated in the simulation that by adding forecasting error into the forecasting equation, the modeling accuracy could be improved greatly. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=power%20industry" title="power industry">power industry</a>, <a href="https://publications.waset.org/abstracts/search?q=electricity%20demand" title=" electricity demand"> electricity demand</a>, <a href="https://publications.waset.org/abstracts/search?q=modeling" title=" modeling"> modeling</a>, <a href="https://publications.waset.org/abstracts/search?q=forecasting" title=" forecasting"> forecasting</a> </p> <a href="https://publications.waset.org/abstracts/13471/electricity-demand-modeling-and-forecasting-in-singapore" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/13471.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">640</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3256</span> Oil Demand Forecasting in China: A Structural Time Series Analysis</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Tehreem%20Fatima">Tehreem Fatima</a>, <a href="https://publications.waset.org/abstracts/search?q=Enjun%20Xia"> Enjun Xia</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The research investigates the relationship between total oil consumption and transport oil consumption, GDP, oil price, and oil reserve in order to forecast future oil demand in China. Annual time series data is used over the period of 1980 to 2015, and for this purpose, an oil demand function is estimated by applying structural time series model (STSM). The technique also uncovers the Underline energy demand trend (UEDT) for China oil demand and GDP, oil reserve, oil price and UEDT are considering important drivers of China oil demand. The long-run elasticity of total oil consumption with respect to GDP and price are (0.5, -0.04) respectively while GDP, oil reserve, and price remain (0.17; 0.23; -0.05) respectively. Moreover, the Estimated results of long-run elasticity of transport oil consumption with respect to GDP and price are (0.5, -0.00) respectively long-run estimates remain (0.28; 37.76;-37.8) for GDP, oil reserve, and price respectively. For both model estimated underline energy demand trend (UEDT) remains nonlinear and stochastic and with an increasing trend of (UEDT) and based on estimated equations, it is predicted that China total oil demand somewhere will be 9.9 thousand barrel per day by 2025 as compare to 9.4 thousand barrel per day in 2015, while transport oil demand predicting value is 9.0 thousand barrel per day by 2020 as compare to 8.8 thousand barrel per day in 2015. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=china" title="china">china</a>, <a href="https://publications.waset.org/abstracts/search?q=forecasting" title=" forecasting"> forecasting</a>, <a href="https://publications.waset.org/abstracts/search?q=oil" title=" oil"> oil</a>, <a href="https://publications.waset.org/abstracts/search?q=structural%20time%20series%20model%20%28STSM%29" title=" structural time series model (STSM)"> structural time series model (STSM)</a>, <a href="https://publications.waset.org/abstracts/search?q=underline%20energy%20demand%20trend%20%28UEDT%29" title=" underline energy demand trend (UEDT)"> underline energy demand trend (UEDT)</a> </p> <a href="https://publications.waset.org/abstracts/71417/oil-demand-forecasting-in-china-a-structural-time-series-analysis" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/71417.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">283</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3255</span> Production and Leftovers Usage Policies to Minimize Food Waste under Uncertain and Correlated Demand</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Esma%20Birisci">Esma Birisci</a>, <a href="https://publications.waset.org/abstracts/search?q=Ronald%20McGarvey"> Ronald McGarvey</a> </p> <p class="card-text"><strong>Abstract:</strong></p> One of the common problems in food service industry is demand uncertainty. This research presents a multi-criteria optimization approach to identify the efficient frontier of points lying between the minimum-waste and minimum-shortfall solutions within uncertain demand environment. It also addresses correlation across demands for items (e.g., hamburgers are often demanded with french fries). Reducing overproduction food waste (and its corresponding environmental impacts) and an aversion to shortfalls (leave some customer hungry) need to consider as two contradictory objectives in an all-you-care-to-eat environment food service operation. We identify optimal production adjustments relative to demand forecasts, demand thresholds for utilization of leftovers, and percentages of demand to be satisfied by leftovers, considering two alternative metrics for overproduction waste: mass; and greenhouse gas emissions. Demand uncertainty and demand correlations are addressed using a kernel density estimation approach. A statistical analysis of the changes in decision variable values across each of the efficient frontiers can then be performed to identify the key variables that could be modified to reduce the amount of wasted food at minimal increase in shortfalls. We illustrate our approach with an application to empirical data from Campus Dining Services operations at the University of Missouri. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=environmental%20studies" title="environmental studies">environmental studies</a>, <a href="https://publications.waset.org/abstracts/search?q=food%20waste" title=" food waste"> food waste</a>, <a href="https://publications.waset.org/abstracts/search?q=production%20planning" title=" production planning"> production planning</a>, <a href="https://publications.waset.org/abstracts/search?q=uncertain%20and%20correlated%20demand" title=" uncertain and correlated demand"> uncertain and correlated demand</a> </p> <a href="https://publications.waset.org/abstracts/80500/production-and-leftovers-usage-policies-to-minimize-food-waste-under-uncertain-and-correlated-demand" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/80500.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">372</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3254</span> SynKit: A Event-Driven and Scalable Microservices-Based Kitting System</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Bruno%20Nascimento">Bruno Nascimento</a>, <a href="https://publications.waset.org/abstracts/search?q=Cristina%20Wanzeller"> Cristina Wanzeller</a>, <a href="https://publications.waset.org/abstracts/search?q=Jorge%20Silva"> Jorge Silva</a>, <a href="https://publications.waset.org/abstracts/search?q=Jo%C3%A3o%20A.%20Dias"> João A. Dias</a>, <a href="https://publications.waset.org/abstracts/search?q=Andr%C3%A9%20Barbosa"> André Barbosa</a>, <a href="https://publications.waset.org/abstracts/search?q=Jos%C3%A9%20Ribeiro"> José Ribeiro</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The increasing complexity of logistics operations stems from evolving business needs, such as the shift from mass production to mass customization, which demands greater efficiency and flexibility. In response, Industry 4.0 and 5.0 technologies provide improved solutions to enhance operational agility and better meet market demands. The management of kitting zones, combined with the use of Autonomous Mobile Robots, faces challenges related to coordination, resource optimization, and rapid response to customer demand fluctuations. Additionally, implementing lean manufacturing practices in this context must be carefully orchestrated by intelligent systems and human operators to maximize efficiency without sacrificing the agility required in an advanced production environment. This paper proposes and implements a microservices-based architecture integrating principles from Industry 4.0 and 5.0 with lean manufacturing practices. The architecture enhances communication and coordination between autonomous vehicles and kitting management systems, allowing more efficient resource utilization and increased scalability. The proposed architecture focuses on the modularity and flexibility of operations, enabling seamless flexibility to change demands and the efficient allocation of resources in realtime. Conducting this approach is expected to significantly improve logistics operations’ efficiency and scalability by reducing waste and optimizing resource use while improving responsiveness to demand changes. The implementation of this architecture provides a robust foundation for the continuous evolution of kitting management and process optimization. It is designed to adapt to dynamic environments marked by rapid shifts in production demands and real-time decision-making. It also ensures seamless integration with automated systems, aligning with Industry 4.0 and 5.0 needs while reinforcing Lean Manufacturing principles. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=microservices" title="microservices">microservices</a>, <a href="https://publications.waset.org/abstracts/search?q=event-driven" title=" event-driven"> event-driven</a>, <a href="https://publications.waset.org/abstracts/search?q=kitting" title=" kitting"> kitting</a>, <a href="https://publications.waset.org/abstracts/search?q=AMR" title=" AMR"> AMR</a>, <a href="https://publications.waset.org/abstracts/search?q=lean%20manufacturing" title=" lean manufacturing"> lean manufacturing</a>, <a href="https://publications.waset.org/abstracts/search?q=industry%204.0" title=" industry 4.0"> industry 4.0</a>, <a href="https://publications.waset.org/abstracts/search?q=industry%205.0" title=" industry 5.0"> industry 5.0</a> </p> <a href="https://publications.waset.org/abstracts/192380/synkit-a-event-driven-and-scalable-microservices-based-kitting-system" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/192380.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">22</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3253</span> Issues in Travel Demand Forecasting</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Huey-Kuo%20Chen">Huey-Kuo Chen</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Travel demand forecasting including four travel choices, i.e., trip generation, trip distribution, modal split and traffic assignment constructs the core of transportation planning. In its current application, travel demand forecasting has associated with three important issues, i.e., interface inconsistencies among four travel choices, inefficiency of commonly used solution algorithms, and undesirable multiple path solutions. In this paper, each of the three issues is extensively elaborated. An ideal unified framework for the combined model consisting of the four travel choices and variable demand functions is also suggested. Then, a few remarks are provided in the end of the paper. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=travel%20choices" title="travel choices">travel choices</a>, <a href="https://publications.waset.org/abstracts/search?q=B%20algorithm" title=" B algorithm"> B algorithm</a>, <a href="https://publications.waset.org/abstracts/search?q=entropy%20maximization" title=" entropy maximization"> entropy maximization</a>, <a href="https://publications.waset.org/abstracts/search?q=dynamic%20traffic%20assignment" title=" dynamic traffic assignment"> dynamic traffic assignment</a> </p> <a href="https://publications.waset.org/abstracts/7572/issues-in-travel-demand-forecasting" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/7572.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">458</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3252</span> A Reinforcement Learning Approach for Evaluation of Real-Time Disaster Relief Demand and Network Condition</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ali%20Nadi">Ali Nadi</a>, <a href="https://publications.waset.org/abstracts/search?q=Ali%20Edrissi"> Ali Edrissi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Relief demand and transportation links availability is the essential information that is needed for every natural disaster operation. This information is not in hand once a disaster strikes. Relief demand and network condition has been evaluated based on prediction method in related works. Nevertheless, prediction seems to be over or under estimated due to uncertainties and may lead to a failure operation. Therefore, in this paper a stochastic programming model is proposed to evaluate real-time relief demand and network condition at the onset of a natural disaster. To address the time sensitivity of the emergency response, the proposed model uses reinforcement learning for optimization of the total relief assessment time. The proposed model is tested on a real size network problem. The simulation results indicate that the proposed model performs well in the case of collecting real-time information. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=disaster%20management" title="disaster management">disaster management</a>, <a href="https://publications.waset.org/abstracts/search?q=real-time%20demand" title=" real-time demand"> real-time demand</a>, <a href="https://publications.waset.org/abstracts/search?q=reinforcement%20learning" title=" reinforcement learning"> reinforcement learning</a>, <a href="https://publications.waset.org/abstracts/search?q=relief%20demand" title=" relief demand"> relief demand</a> </p> <a href="https://publications.waset.org/abstracts/60690/a-reinforcement-learning-approach-for-evaluation-of-real-time-disaster-relief-demand-and-network-condition" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/60690.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">316</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3251</span> Treating On-Demand Bonds as Cash-In-Hand: Analyzing the Use of “Unconscionability” as a Ground for Challenging Claims for Payment under On-Demand Bonds</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Asanga%20Gunawansa">Asanga Gunawansa</a>, <a href="https://publications.waset.org/abstracts/search?q=Shenella%20Fonseka"> Shenella Fonseka</a> </p> <p class="card-text"><strong>Abstract:</strong></p> On-demand bonds, also known as unconditional bonds, are commonplace in the construction industry as a means of safeguarding the employer from any potential non-performance by a contractor. On-demand bonds may be obtained from commercial banks, and they serve as an undertaking by the issuing bank to honour payment on demand without questioning and/or considering any dispute between the employer and the contractor in relation to the underlying contract. Thus, whether or not a breach had occurred under the underlying contract, which triggers the demand for encashment by the employer, is not a question the bank needs to be concerned with. As a result, an unconditional bond allows the beneficiary to claim the money almost without any condition. Thus, an unconditional bond is as good as cash-in-hand. In the past, establishing fraud on the part of the employer, of which the bank had knowledge, was the only ground on which a bank could dishonour a claim made under an on-demand bond. However, recent jurisprudence in common law countries shows that courts are beginning to consider unconscionable conduct on the part of the employer in claiming under an on-demand bond as a ground that contractors could rely on the prevent the banks from honouring such claims. This has created uncertainty in connection with on-demand bonds and their liquidity. This paper analyzes recent judicial decisions in four common law jurisdictions, namely, England, Singapore, Hong Kong, and Sri Lanka, to identify the scope of using the concept of “unconscionability” as a ground for preventing unreasonable claims for encashment of on-demand bonds. The objective of this paper is to argue that on-demand bonds have lost their effectiveness as “cash-in-hand” and that this is, in fact, an advantage and not an impediment to international commerce, as the purpose of such bonds should not be to provide for illegal and unconscionable conduct by the beneficiaries. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fraud" title="fraud">fraud</a>, <a href="https://publications.waset.org/abstracts/search?q=performance%20guarantees" title=" performance guarantees"> performance guarantees</a>, <a href="https://publications.waset.org/abstracts/search?q=on-demand%20bonds" title=" on-demand bonds"> on-demand bonds</a>, <a href="https://publications.waset.org/abstracts/search?q=unconscionability" title=" unconscionability"> unconscionability</a> </p> <a href="https://publications.waset.org/abstracts/158271/treating-on-demand-bonds-as-cash-in-hand-analyzing-the-use-of-unconscionability-as-a-ground-for-challenging-claims-for-payment-under-on-demand-bonds" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/158271.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">105</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3250</span> Joint Optimization of Carsharing Stations with Vehicle Relocation and Demand Selection</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Jiayuan%20Wu.%20Lu%20Hu">Jiayuan Wu. Lu Hu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> With the development of the sharing economy and mobile technology, carsharing becomes more popular. In this paper, we focus on the joint optimization of one-way station-based carsharing systems. We model the problem as an integer linear program with six elements: station locations, station capacity, fleet size, initial vehicle allocation, vehicle relocation, and demand selection. A greedy-based heuristic is proposed to address the model. Firstly, initialization based on the location variables relaxation using Gurobi solver is conducted. Then, according to the profit margin and demand satisfaction of each station, the number of stations is downsized iteratively. This method is applied to real data from Chengdu, Sichuan taxi data, and it’s efficient when dealing with a large scale of candidate stations. The result shows that with vehicle relocation and demand selection, the profit and demand satisfaction of carsharing systems are increased. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=one-way%20carsharing" title="one-way carsharing">one-way carsharing</a>, <a href="https://publications.waset.org/abstracts/search?q=location" title=" location"> location</a>, <a href="https://publications.waset.org/abstracts/search?q=vehicle%20relocation" title=" vehicle relocation"> vehicle relocation</a>, <a href="https://publications.waset.org/abstracts/search?q=demand%20selection" title=" demand selection"> demand selection</a>, <a href="https://publications.waset.org/abstracts/search?q=greedy%20algorithm" title=" greedy algorithm"> greedy algorithm</a> </p> <a href="https://publications.waset.org/abstracts/132362/joint-optimization-of-carsharing-stations-with-vehicle-relocation-and-demand-selection" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/132362.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">137</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3249</span> Using AI to Advance Factory Planning: A Case Study to Identify Success Factors of Implementing an AI-Based Demand Planning Solution</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ulrike%20Dowie">Ulrike Dowie</a>, <a href="https://publications.waset.org/abstracts/search?q=Ralph%20Grothmann"> Ralph Grothmann</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Rational planning decisions are based upon forecasts. Precise forecasting has, therefore, a central role in business. The prediction of customer demand is a prime example. This paper introduces recurrent neural networks to model customer demand and combines the forecast with uncertainty measures to derive decision support of the demand planning department. It identifies and describes the keys to the successful implementation of an AI-based solution: bringing together data with business knowledge, AI methods, and user experience, and applying agile software development practices. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=agile%20software%20development" title="agile software development">agile software development</a>, <a href="https://publications.waset.org/abstracts/search?q=AI%20project%20success%20factors" title=" AI project success factors"> AI project success factors</a>, <a href="https://publications.waset.org/abstracts/search?q=deep%20learning" title=" deep learning"> deep learning</a>, <a href="https://publications.waset.org/abstracts/search?q=demand%20forecasting" title=" demand forecasting"> demand forecasting</a>, <a href="https://publications.waset.org/abstracts/search?q=forecast%20uncertainty" title=" forecast uncertainty"> forecast uncertainty</a>, <a href="https://publications.waset.org/abstracts/search?q=neural%20networks" title=" neural networks"> neural networks</a>, <a href="https://publications.waset.org/abstracts/search?q=supply%20chain%20management" title=" supply chain management"> supply chain management</a> </p> <a href="https://publications.waset.org/abstracts/131957/using-ai-to-advance-factory-planning-a-case-study-to-identify-success-factors-of-implementing-an-ai-based-demand-planning-solution" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/131957.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">189</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3248</span> Economic Stability in a Small Open Economy with Income Effect on Leisure Demand</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Yu-Shan%20Hsu">Yu-Shan Hsu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper studies a two-sector growth model with a technology of social constant returns and with a utility that features either a zero or a positive income effect on the demand for leisure. The purpose is to investigate how the existence of aggregate instability or equilibrium indeterminacy depends on both the intensity of the income effect on the demand for leisure and the value of the labor supply elasticity. The main finding is that when there is a factor intensity reversal between the private perspective and the social perspective, indeterminacy arises even if the utility has a positive income effect on leisure demand. Moreover, we find that a smaller value of the labor supply elasticity increases the range of the income effect on leisure demand and thus increases the possibility of equilibrium indeterminacy. JEL classification: E3; O41 <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=indeterminacy" title="indeterminacy">indeterminacy</a>, <a href="https://publications.waset.org/abstracts/search?q=non-separable%20preferences" title=" non-separable preferences"> non-separable preferences</a>, <a href="https://publications.waset.org/abstracts/search?q=income%20effect" title=" income effect"> income effect</a>, <a href="https://publications.waset.org/abstracts/search?q=labor%20supply%20elasticity" title=" labor supply elasticity"> labor supply elasticity</a> </p> <a href="https://publications.waset.org/abstracts/95542/economic-stability-in-a-small-open-economy-with-income-effect-on-leisure-demand" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/95542.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">177</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3247</span> Applying Arima Data Mining Techniques to ERP to Generate Sales Demand Forecasting: A Case Study</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ghaleb%20Y.%20Abbasi">Ghaleb Y. Abbasi</a>, <a href="https://publications.waset.org/abstracts/search?q=Israa%20Abu%20Rumman"> Israa Abu Rumman</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper modeled sales history archived from 2012 to 2015 bulked in monthly bins for five products for a medical supply company in Jordan. The sales forecasts and extracted consistent patterns in the sales demand history from the Enterprise Resource Planning (ERP) system were used to predict future forecasting and generate sales demand forecasting using time series analysis statistical technique called Auto Regressive Integrated Moving Average (ARIMA). This was used to model and estimate realistic sales demand patterns and predict future forecasting to decide the best models for five products. Analysis revealed that the current replenishment system indicated inventory overstocking. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=ARIMA%20models" title="ARIMA models">ARIMA models</a>, <a href="https://publications.waset.org/abstracts/search?q=sales%20demand%20forecasting" title=" sales demand forecasting"> sales demand forecasting</a>, <a href="https://publications.waset.org/abstracts/search?q=time%20series" title=" time series"> time series</a>, <a href="https://publications.waset.org/abstracts/search?q=R%20code" title=" R code"> R code</a> </p> <a href="https://publications.waset.org/abstracts/64117/applying-arima-data-mining-techniques-to-erp-to-generate-sales-demand-forecasting-a-case-study" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/64117.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">385</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3246</span> Analyzing Electricity Demand Multipliers in the Malaysian Economy</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Hussain%20Ali%20Bekhet">Hussain Ali Bekhet</a>, <a href="https://publications.waset.org/abstracts/search?q=Tuan%20Ab%20Rashid%20Bin%20Tuan%20Abdullah"> Tuan Ab Rashid Bin Tuan Abdullah</a>, <a href="https://publications.waset.org/abstracts/search?q=Tahira%20Yasmin"> Tahira Yasmin</a> </p> <p class="card-text"><strong>Abstract:</strong></p> It is very important for electric utility to determine dominant sectors which have more impacts on electricity consumption in national economy system. The aim of this paper is to examine the electricity demand multipliers in Malaysia for (2005-2014) period. Malaysian Input-output tables, 2005 and 2010 are used. Besides, a new concept, electricity demand multiplier (EDM), is presented to identify key sectors imposing great impacts on electricity demand quantitatively. In order to testify the effectiveness of the Malaysian energy policies, it notes that there is fluctuation of the ranking sectors between 2005 and 2010. This could be reflected that there is efficiency with pace of development in Malaysia. This can be good indication for decision makers for designing future energy policies. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=input-output%20model" title="input-output model">input-output model</a>, <a href="https://publications.waset.org/abstracts/search?q=demand%20multipliers" title=" demand multipliers"> demand multipliers</a>, <a href="https://publications.waset.org/abstracts/search?q=electricity" title=" electricity"> electricity</a>, <a href="https://publications.waset.org/abstracts/search?q=key%20sectors" title=" key sectors"> key sectors</a>, <a href="https://publications.waset.org/abstracts/search?q=Malaysia" title=" Malaysia"> Malaysia</a> </p> <a href="https://publications.waset.org/abstracts/30016/analyzing-electricity-demand-multipliers-in-the-malaysian-economy" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/30016.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">371</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3245</span> Demand and Supply Management for Electricity Markets: Econometric Analysis of Electricity Prices</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ioana%20Neamtu">Ioana Neamtu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper investigates the potential for demand-side management for the system price in the Nordic electricity market and the price effects of introducing wind-power into the system. The model proposed accounts for the micro-structure of the Nordic electricity market by modeling each hour individually, while still accounting for the relationship between the hours within a day. This flexibility allows us to explore the differences between peak and shoulder demand hours. Preliminary results show potential for demand response management, as indicated by the price elasticity of demand as well as a small but statistically significant decrease in price, given by the wind power penetration. Moreover, our study shows that these effects are stronger during day-time and peak hours,compared to night-time and shoulder hours. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=structural%20model" title="structural model">structural model</a>, <a href="https://publications.waset.org/abstracts/search?q=GMM%20estimation" title=" GMM estimation"> GMM estimation</a>, <a href="https://publications.waset.org/abstracts/search?q=system%20of%20equations" title=" system of equations"> system of equations</a>, <a href="https://publications.waset.org/abstracts/search?q=electricity%20market" title=" electricity market"> electricity market</a> </p> <a href="https://publications.waset.org/abstracts/25699/demand-and-supply-management-for-electricity-markets-econometric-analysis-of-electricity-prices" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/25699.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">437</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3244</span> An Integration of Genetic Algorithm and Particle Swarm Optimization to Forecast Transport Energy Demand</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=N.%20R.%20Badurally%20Adam">N. R. Badurally Adam</a>, <a href="https://publications.waset.org/abstracts/search?q=S.%20R.%20Monebhurrun"> S. R. Monebhurrun</a>, <a href="https://publications.waset.org/abstracts/search?q=M.%20Z.%20Dauhoo"> M. Z. Dauhoo</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20Khoodaruth"> A. Khoodaruth</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Transport energy demand is vital for the economic growth of any country. Globalisation and better standard of living plays an important role in transport energy demand. Recently, transport energy demand in Mauritius has increased significantly, thus leading to an abuse of natural resources and thereby contributing to global warming. Forecasting the transport energy demand is therefore important for controlling and managing the demand. In this paper, we develop a model to predict the transport energy demand. The model developed is based on a system of five stochastic differential equations (SDEs) consisting of five endogenous variables: fuel price, population, gross domestic product (GDP), number of vehicles and transport energy demand and three exogenous parameters: crude birth rate, crude death rate and labour force. An interval of seven years is used to avoid any falsification of result since Mauritius is a developing country. Data available for Mauritius from year 2003 up to 2009 are used to obtain the values of design variables by applying genetic algorithm. The model is verified and validated for 2010 to 2012 by substituting the values of coefficients obtained by GA in the model and using particle swarm optimisation (PSO) to predict the values of the exogenous parameters. This model will help to control the transport energy demand in Mauritius which will in turn foster Mauritius towards a pollution-free country and decrease our dependence on fossil fuels. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=genetic%20algorithm" title="genetic algorithm">genetic algorithm</a>, <a href="https://publications.waset.org/abstracts/search?q=modeling" title=" modeling"> modeling</a>, <a href="https://publications.waset.org/abstracts/search?q=particle%20swarm%20optimization" title=" particle swarm optimization"> particle swarm optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=stochastic%20differential%20equations" title=" stochastic differential equations"> stochastic differential equations</a>, <a href="https://publications.waset.org/abstracts/search?q=transport%20energy%20demand" title="transport energy demand">transport energy demand</a> </p> <a href="https://publications.waset.org/abstracts/41078/an-integration-of-genetic-algorithm-and-particle-swarm-optimization-to-forecast-transport-energy-demand" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/41078.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">369</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3243</span> Closed-Loop Supply Chain under Price and Quality Dependent Demand: An Application to Job-Seeker Problem</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Sutanto">Sutanto</a>, <a href="https://publications.waset.org/abstracts/search?q=Alexander%20Christy"> Alexander Christy</a>, <a href="https://publications.waset.org/abstracts/search?q=N.%20Sutrisno"> N. Sutrisno</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The demand of a product is linearly dependent on the price and quality of the product. It is analog to the demand of the employee in job-seeker problem. This paper address a closed-loop supply chain (CLSC) where a university plays role as manufacturer that produce graduates as job-seeker according to the demand and promote them to a certain corporation through a trial. Unemployed occurs when the job-seeker failed the trial or dismissed. A third party accomodates the unemployed and sends them back to the university to increase their quality through training. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=CLSC" title="CLSC">CLSC</a>, <a href="https://publications.waset.org/abstracts/search?q=price" title=" price"> price</a>, <a href="https://publications.waset.org/abstracts/search?q=quality" title=" quality"> quality</a>, <a href="https://publications.waset.org/abstracts/search?q=job-seeker%20problem" title=" job-seeker problem"> job-seeker problem</a> </p> <a href="https://publications.waset.org/abstracts/73640/closed-loop-supply-chain-under-price-and-quality-dependent-demand-an-application-to-job-seeker-problem" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/73640.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">272</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3242</span> Physiological and Psychological Influence on Office Workers during Demand Response</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Megumi%20Nishida">Megumi Nishida</a>, <a href="https://publications.waset.org/abstracts/search?q=Naoya%20Motegi"> Naoya Motegi</a>, <a href="https://publications.waset.org/abstracts/search?q=Takurou%20Kikuchi"> Takurou Kikuchi</a>, <a href="https://publications.waset.org/abstracts/search?q=Tomoko%20Tokumura"> Tomoko Tokumura</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In recent years, power system has been changed and flexible power pricing system such as demand response has been sought in Japan. The demand response system is simple in the household sector and the owner, decision-maker, can gain the benefits of power saving. On the other hand, the execution of the demand response in the office building is more complex than household because various people such as owners, building administrators and occupants are involved in making decisions. While the owners benefit from the demand saving, the occupants are forced to be exposed to demand-saved environment certain benefits. One of the reasons is that building systems are usually centralized control and each occupant cannot choose either participate demand response event or not, and contribution of each occupant to demand response is unclear to provide incentives. However, the recent development of IT and building systems enables the personalized control of office environment where each occupant can control the lighting level or temperature around him or herself. Therefore, it can be possible to have a system which each occupant can make a decision of demand response participation in office building. This study investigates the personal behavior upon demand response requests, under the condition where each occupant can adjust their brightness individually in their workspace. Once workers participate in the demand response, their task lights are automatically turned off. The participation rates in the demand response events are compared between four groups which are divided by different motivation, the presence or absence of incentives and the way of participation. The result shows that there are the significant differences of participation rates in demand response event between four groups. The way of participation has a large effect on the participation rate. ‘Opt-out’ group, where the occupants are automatically enrolled in a demand response event if they don't express non-participation, will have the highest participation rate in the four groups. The incentive has also an effect on the participation rate. This study also reports that the impact of low illumination office environment on the occupants, such as stress or fatigue. The electrocardiogram and the questionnaire are used to investigate the autonomic nervous activity and subjective symptoms about the fatigue of the occupants. There is no big difference between dim workspace during demand response event and bright workspace in autonomic nervous activity and fatigue. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=demand%20response" title="demand response">demand response</a>, <a href="https://publications.waset.org/abstracts/search?q=illumination" title=" illumination"> illumination</a>, <a href="https://publications.waset.org/abstracts/search?q=questionnaire" title=" questionnaire"> questionnaire</a>, <a href="https://publications.waset.org/abstracts/search?q=electrocardiogram" title=" electrocardiogram"> electrocardiogram</a> </p> <a href="https://publications.waset.org/abstracts/32950/physiological-and-psychological-influence-on-office-workers-during-demand-response" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/32950.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">351</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3241</span> Women-Hating Masculinities: How the Demand for Prostitution Fuels Sex Trafficking </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Rosa%20M.%20Senent">Rosa M. Senent</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Over the centuries, prostitution has been problematized from many sides, with women always at the center of the debate. However, prostitution is a gendered, demand-driven phenomenon. Thus, a focus must be put on the men who demand it, as an increasing number of studies have been done in the last few decades. The purpose of this paper is to expose how men's discourse online reveals the link between their demand for paid sex in prostitution and sex trafficking. The methodological tool employed was Critical Discourse Analysis (CDA). A critical analysis of sex buyers' discourse online showed that online communities of sex buyers are a useful tool in researching their behavior towards women, that their knowledge of sex trafficking and exploitation do not work as a deterrent for them to buy sex, and that the type of masculinity that sex buyers endorse is characterized by attitudes linked to the perpetuation of violence against women. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=masculinities" title="masculinities">masculinities</a>, <a href="https://publications.waset.org/abstracts/search?q=prostitution" title=" prostitution"> prostitution</a>, <a href="https://publications.waset.org/abstracts/search?q=sex%20trafficking" title=" sex trafficking"> sex trafficking</a>, <a href="https://publications.waset.org/abstracts/search?q=violence" title=" violence"> violence</a> </p> <a href="https://publications.waset.org/abstracts/119018/women-hating-masculinities-how-the-demand-for-prostitution-fuels-sex-trafficking" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/119018.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">139</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3240</span> Evaluation of Demand of Fire Insurance in Iran and Embrace Digitalization to Improve It</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mahsa%20Ghorbani%20Jazin">Mahsa Ghorbani Jazin</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The insurance industry has a prominent place in the economy of every country in the world. Fire insurance policies are types of non-life insurance, which protect insureds against financial losses of fire and related risks. In this paper, factors that are affecting the demand for fire insurance in Iran have been examined. Due to this reason, information and data have been collected during the period 1989-2019. In this research, the final model was estimated. The obtained results represent that as the population and literacy rate increase, people are more willing to purchase fire insurance. On the other hand, the actual per capita income has a negative influence on the demand for this type of insurance. Also, the amount of compensation that is paid in losses can be assumed as an indirect advertisement for fire insurance and attracts people to buy this policy. Finally, the new technology in the insurance industry is examined as a new underestimated way for increasing demand, especially in Iran. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fire%20insurance" title="fire insurance">fire insurance</a>, <a href="https://publications.waset.org/abstracts/search?q=demand" title=" demand"> demand</a>, <a href="https://publications.waset.org/abstracts/search?q=per%20capita%20income" title=" per capita income"> per capita income</a>, <a href="https://publications.waset.org/abstracts/search?q=literacy%20rate" title=" literacy rate"> literacy rate</a>, <a href="https://publications.waset.org/abstracts/search?q=population" title=" population"> population</a>, <a href="https://publications.waset.org/abstracts/search?q=compensation%20paid" title=" compensation paid"> compensation paid</a>, <a href="https://publications.waset.org/abstracts/search?q=Insurtech" title=" Insurtech"> Insurtech</a> </p> <a href="https://publications.waset.org/abstracts/145180/evaluation-of-demand-of-fire-insurance-in-iran-and-embrace-digitalization-to-improve-it" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/145180.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">200</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">3239</span> Evaluating the Nexus between Energy Demand and Economic Growth Using the VECM Approach: Case Study of Nigeria, China, and the United States</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Rita%20U.%20Onolemhemhen">Rita U. Onolemhemhen</a>, <a href="https://publications.waset.org/abstracts/search?q=Saheed%20L.%20Bello"> Saheed L. Bello</a>, <a href="https://publications.waset.org/abstracts/search?q=Akin%20P.%20Iwayemi"> Akin P. Iwayemi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The effectiveness of energy demand policy depends on identifying the key drivers of energy demand both in the short-run and the long-run. This paper examines the influence of regional differences on the link between energy demand and other explanatory variables for Nigeria, China and USA using the Vector Error Correction Model (VECM) approach. This study employed annual time series data on energy consumption (ED), real gross domestic product (GDP) per capita (RGDP), real energy prices (P) and urbanization (N) for a thirty-six-year sample period. The utilized time-series data are sourced from World Bank&rsquo;s World Development Indicators (WDI, 2016) and US Energy Information Administration (EIA). Results from the study, shows that all the independent variables (income, urbanization, and price) substantially affect the long-run energy consumption in Nigeria, USA and China, whereas, income has no significant effect on short-run energy demand in USA and Nigeria. In addition, the long-run effect of urbanization is relatively stronger in China. Urbanization is a key factor in energy demand, it therefore recommended that more attention should be given to the development of rural communities to reduce the inflow of migrants into urban communities which causes the increase in energy demand and energy excesses should be penalized while energy management should be incentivized. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=economic%20growth" title="economic growth">economic growth</a>, <a href="https://publications.waset.org/abstracts/search?q=energy%20demand" title=" energy demand"> energy demand</a>, <a href="https://publications.waset.org/abstracts/search?q=income" title=" income"> income</a>, <a href="https://publications.waset.org/abstracts/search?q=real%20GDP" title=" real GDP"> real GDP</a>, <a href="https://publications.waset.org/abstracts/search?q=urbanization" title=" urbanization"> urbanization</a>, <a href="https://publications.waset.org/abstracts/search?q=VECM" title=" VECM"> VECM</a> </p> <a href="https://publications.waset.org/abstracts/73602/evaluating-the-nexus-between-energy-demand-and-economic-growth-using-the-vecm-approach-case-study-of-nigeria-china-and-the-united-states" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/73602.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">312</span> </span> </div> </div> <ul class="pagination"> <li class="page-item disabled"><span class="page-link">&lsaquo;</span></li> <li class="page-item active"><span class="page-link">1</span></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=real-time%20demand&amp;page=2">2</a></li> <li class="page-item"><a class="page-link" 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