Forecasting Demand for Rural Electric Cooperative Call Center

Taeyoon Kim, Philip L. Kenkel and B Brorsen

No 46809, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: This research forecasts peak call volume to allow a centralized call center to minimize staffing costs. A Gaussian copula is used to capture the dependence among nonnormal distributions. Peak call volume can be easily and more accurately predicted using the marginal probability distribution with the copula function than without using a copula. The modeling approach allows simulating adding another cooperative. Ignoring the dependence that the copula includes, causes peak values to be underestimated.

Keywords: Agribusiness; Demand and Price Analysis; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 39
Date: 2009-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46809

DOI: 10.22004/ag.econ.46809

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