The demand forecasting is essential for all production and non-production systems. However, nowadays there are only few researches on this area. Most of researches somehow benefited from simulation in the conditions of demand uncertainty. But this paper presents an iterative method to find most probable stochastic demand point with normally distributed and independent variables of n-dime...

T his study investigates the factors affecting the demand for new residential buildings in urban areas of Iran during 1976-2010. The demand function for new residential buildings in urban areas was estimated and then the existence of a long-run relationship among variables of this function was studied using the Bounds testing of the Autoregressive Distributed Lag Co-integration procedure. The t...

the serious obstacles to improve water supply, has caused world debates, seeking some solutions to tackle the problem of shortages in water supply. t. therefore, programs and policies have focused mainly on appropriate pricing approachof. since the water industry in iran has been monopolized by the government, an effective pricing approach is assumed to maximize the social welfare with consider...

We propose a micro based development model with out–of–equilibrium dynamics. The supply side is agent–based, while the demand side has an aggregate representation. In particular, we design an ‘abstract’ configuration of a local system in which different firms, pertaining to different sectors, produce different goods across and within them. The main features of the model are: i) a production fun...

while ignoring income distribution and estimating aggregate demand generally leads to aggregation bias and thus, does not reflect households’ demand properly, yet aggregation bias is rarely considered in empirical demand studies and simply is ignored in most cases. the objective of the present study is to estimate aggregation bias in households’ demand for various types of meats and to evaluate...

The objective of this paper is to analyze the Spanish demand for meat taking into account the consumer’s concern about the relationship between food diet and health. This concern is forcing food demand analysts to assume that consumer utility is a function of nutrients instead of simply the food products themselves. Nevertheless, these utility function arguments are not produced in the marketpl...

To maintain an internally consistent representation with actual traffic conditions, this paper presents an OD demand consistency checking and updating model for on-line dynamic traffic assignment operation. Both predictive and reactive approaches are proposed to minimize (1) the deviations between simulated states and real-world observations and (2) OD demand adjustment magnitude. The two objec...

The study aims to estimate an international reserves demand model for China using economic growth, propensity to import, real effective exchange rate and trade openness variables for quarterly period spanning from 1985Q1 to 2014Q4.The bounds testing technique to cointegration is used to test for a long run relationship, while the autoregressive distributed lag approach is used to estimate short...