• The Journal of Asian Finance, Economics and Business
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• 제8권5호
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• pp.667-678
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• 2021

The industrial life cycle theory was extended to the product life cycle theory and the corporate life cycle theory, but a conceptual life cycle was presented, and quantitative empirical evidence for this was insufficient. It is intended to improve appropriate resource planning and resource allocation by quantitatively predicting the industrial cycle and its position (age) in the cycle. Human resources, tangible assets, and industrial output analysis were conducted based on 28 years of actual data of 39 industries in Korea by applying the Gompertz model, which is a population ecology prediction model. By predicting with the Gompertz model, the coefficient of determination R2 value was 97% or more, confirming the high suitability with the actual cumulative sales value of the industry. A numerical model for calculating the life cycle of each industry, calculating the saturation of input resources for each industry, and diagnosing the financial stability of the industry was presented. These results will contribute to the decision-making of industrial policy officers for budget planning appropriately for each stage of industry development. Future research will apply the numerical model of this study to foreign national industries, complete an inter-industry convergence diagnostic model (e.g. ease of convergence, suitability of convergence, etc.) for renewal of fading industries.

• 시스템엔지니어링학술지
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• 제4권1호
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• pp.11-18
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• 2008

As a government agency or the Government-donated Research Institute or industrial research institute is intended to develop a product or to construct a system such as a railway safety systems by research and development process, a life cycle model leading a product development or a research and development is essential to them to systematically and effectively progress it. In this paper, the refined life cycle model to effectively conduct the national railway safety project consists of the life cycle phases and their detail descriptions with reference to other life cycle model in the international standard and the other national guidance and other industrial domain such as ship-building, weapon system, and aerospace areas, the proposed life cycle model in the paper considerably reflects the characteristics of the traditional research and development project in railway safety domain. A guidance of a life cycle model which based on lots of the life cycle model in other domains proposes additionally.

• 상하수도학회지
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• 제29권1호
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• pp.11-21
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• 2015

When designing Water Distribution System (WDS), determination of life cycle for WDS needs to be preceded. And designer should conduct comprehensive design including maintenance and management strategies based on the determined life cycle. However, there are only a few studies carried out until now, and criteria to determine life cycle of WDS are insufficient. Therefore, methodology to determine life cycle of WDS is introduced in this study by using Life Cycle Energy Analysis (LCEA). LCEA adapts energy as an environmental impact criterion and calculates all required energy through the whole life cycle. The model is build up based on the LCEA methodology and model itself can simulate the aging and breakage of pipes through the target life cycle. In addition the hydraulic analysis program EPANET2.0 is linked to developed model to analyze hydraulic factors. Developed model is applied to two WDSs which are A WDS and B WDS. Model runs for 1yr to maximum 100yr target life cycle for both WDSs to check the energy tendency as well as to determine optimal life cycle. Results show that 40yr and 54yr as optimal life cycle for each WDS, and tendency shows the effective energy is keep changing according to the target life cycle. Introduced methodology is expected to use as an alternative option for determining life cycle of WDS.

• 한국자동차공학회논문집
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• 제1권1호
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• pp.131-139
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• 1993

Low cycle fatigue characteristics of cast aluminum alloy A356 with a yield strength and ultimate strength of 229 and 283 MPa respectively was evaluated using smooth axial specimen under strain controlled condition. Reversals to failure ranged from 16 to 107. The cast aluminum alloy exhibited cyclically strain-gardening behavior. The results of low cycle fatigue tests indicated that the conventional low cycle fatigue tests indicated that the conventional low cycle fatigue life model was not a satisfactory representation of the data. This occurred because the elastic strain-life curve was not-log-log linear and this phenomena caused a nonconservative and unsafe fatigue life prediction at both extremes of long and short lives. A linear log-log total strain-life model and a bilinear log-log elastic strain-life model were proposed in order to improve the representation of data compared to the conventional low cycle fatigue life model. Both proposed fatigue life models were statistically analyzed using F tests and successfully satisfied. However, the low cycle fatigue life model generated by the bilinear log-log elastic strain-life equation yielded a discontinuous curve with nonconservatism in the region of discontinuity. Among the models examined, the linear log-log total strain-life model provided the best representation of the low cycle fatigue data. Low cycle fatigue life prediction method based on the local strain approach could conveniently incorporated both proposed fatigue life models.

• 대한전자공학회:학술대회논문집
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• 대한전자공학회 2005년도 추계종합학술대회
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• pp.1161-1164
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• 2005

In this paper, we proposed the technique to estimate the life cycle of Internet content services based on the logistic regression model. In this paper, to define parameters of Internet contents estimating life cycle by logistic regression model, we used market size, traffic amount, page view and session-visit number as the parameters of Internet contents estimating life cycle by logistic regression model. In this paper, to compare the performance of our proposed scheme, we estimated life cycle for the download services of bell sound & character contents in mobile network. As a result, using our proposed logistic regression, we were able to estimate exactly the life cycle of the download services of bell sound & character contents.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2007년도 추계학술대회 논문집
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• pp.777-783
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• 2007

Life cycle costing is one of the most effective cost approaches when we choose a solution from series of alternative so the least long-term cost ownership is achieved. Life cycle costing in railway industry has been focused on the prediction of investment for railway vehicles. But in today, the life cycle cost, LCC, prediction on the aspect of operation and maintenance cost through whole life cycle is highly necessary. In this paper, we present a strategy for the development of life cycle cost estimation software on the aspect of maintenance strategies of railway vehicle. For this purpose, we suggested a structure of LCC software based on the UNIFE LCC model. And we developed a pilot version of software to evaluate the LCC model that we suggested for railway vehicle. We performed LCC analysis on the brake module of metro vehicle in case study and concluded that the software and model developed in this research could enough to support engineers in choosing better cost effective solutions from many alternatives.

• 산업공학
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• 제13권1호
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• pp.54-59
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• 2000

Presented in this paper is a development of knowledge management system based on knowledge life cycle. Knowledge processes in an organization have a life cycle from creation to disposal. So, KMSs have to support the entire life cycle of knowledge. This paper proposes desired knowledge life cycle model, and extracted functional requirements for KMS. For the fulfillment of this requirements, we developed KMS called XM-Brenic/MSX. This system has 6 components for supporting the knowledge life cycle.

• 가정과삶의질연구
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• 제28권4호
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• pp.103-115
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• 2010

This study approached the leisure with the step of life cycle, analyzing the process of leisure career and leisure development in individual life. The leisure life cycle leads the other related studies by examining the concepts of continuity, change, leisure socialization, and leisure career. It also analyzes the patterns and the structures of the use of life time, using '2004 Time Use Survey' from the Korea National Statistical Office. As a result, this study suggests new 3 steps of leisure life cycle: participating and expanding stages, selective and concentrating stage, and continuing and absorbed stage. These steps set up the goal of leisure program by the periods. They also can help setting the direction of leisure activities, and can be used as basic data that can make up the leisure activity program models step by step. Moreover, the development of model can be used as valuable information to draw up the plans that can prepare for aging society and demand the support of policy.

• 대한산업공학회지
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• 제34권4호
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• pp.386-397
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• 2008

Due to the rapid advancement of technologies, a growing number of innovative products with a short life-cycle have been introduced to the market. As the life-cycles of such products are shorter than those of durable goods, the demand variation during the life-cycle adds to the difficulty of inventory management. Traditional inventory planning models and techniques mostly deal with products that have long life-cycles. The assumptions on the demand pattern and subsequent solution approaches are generally, not suitable for dealing with products with short life-cycles. In this research, inventory replenishment problems based on the logistic demand model are formulated and solved to facilitate the management of products with short life-cycles. An extended Wagner- Whitin approach is used to determine the replenishment cycle, schedules and lot-sizes.

• 융합경영연구
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• 제11권1호
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• pp.31-44
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• 2023

Purpose: This study aims to figure out the characteristics of corporate life cycle and resource input in terms of the sustainability diagnosis of pharmaceutical companies in Korea. Research design, data, and methodology: Using the Gompertz model under the assumption that companies have finite resources, this study tries quantitative interpretation of life cycle and resource input pattern for longevity companies with 25 years of experience among 158 pharmaceutical companies listed on Korean stock market based on maturity of revenue. Results: The study found revenue maturity through Gompertz model was statistically correlated with enterprise value. According to the life cycle analysis, more than 95% of 59 pharmaceutical companies were in the growth and maturity phase and have an average life cycle of 88 years and an average remaining life of 52 years. Regarding maturity profile of resource input, maturity of employees was generally high more than 60% and this meant there was jobless growth in Korean pharmaceutical industry. Conclusion: This study demonstrated there is a high statistical correlation between the maturity of a company's resource input and its revenue and enterprise value. It is believed that these results could be utilized as a basis for high fidelity function that predict revenue and enterprise value based on resource input information.