KAPSARC – Uncertainty in Modelling the Demand for Materials

KAPSARC's "Uncertainty in Modelling the Demand for Materials" addresses the challenges in forecasting material demand. The report explores the complexities and uncertainties involved in modelling the demand for critical materials in various industries. It highlights factors such as economic fluctuations, market dynamics, and technological changes that affect material supply and demand. The study emphasizes the importance of accurate models in ensuring resource availability and achieving sustainability goals.