• Journal of the Korean Society for Precision Engineering
• /
• v.17 no.7
• /
• pp.124-131
• /
• 2000

Rapid Prototyping(RP) models are no longer used only for design verification. Currently, parts built utilizing layer manufacturing technology can be employed as functional prototypes and as patterns or tools for different manufacturing processes such as vacuum casting, investment casting, injection molding, precise casting and sand casting. This trend of Rapid Prototyping application meets the requirement of concurrent engineering and its range covers a more spreaded area. The aim of this paper is saving the manufacturing lead time and cost of plastic parts having hollow space shapes used by prototype-car. Using rapid prototype patterns, made by the Selective Laser Sintering(SLS) technique, a new approach of manufacturing resin-based blow mold is discussed. It has a great potential fur making prototype-car parts with the batch size of under 200 parts, in case of rapid modification due to a subsequent design changes in developing stage. So, the process proposed in this research shows reduction of process time and manufacturing cost when compared with the conventional process such as a Zinc Alloy fur Stamping(ZAS) mold.

• Journal of Information Technology Services
• /
• v.16 no.3
• /
• pp.1-15
• /
• 2017

This study is aimed to find out which factors among firm-specific resources, industry-based competition, and institutional conditions affect strategies for Korean IT manufacturing companies when they expand their business overseas, especially to Vietnam in this study. Also, it attempts to reveal which strategies among cost reduction, mass production, and localization affect performance of overseas expansion. Based on Strategy Tripod Theory as an integrating point-of-view embracing resource-based view, industry-based view, and institution-based view, research model was developed and tested through the survey of 83 Korean IT manufacturing companies expanded their business to Vietnam. Research findings show that (1) communication competency, industry competitiveness, industry attractiveness, and regulation of partner country affect cost reduction strategy. (2) International experience, communication competency, international orientation, and competitiveness is significantly associated with mass production strategy. (3) And international experience, communication competency, and industry competitiveness affect localization. (4) Ultimately, mass production strategy and localization strategy significantly increase performance of expansion to Vietnam. The theoretical contribution of this study is to adopt an integrative approach based on strategy tripod theory. As practical implications, it suggests factors and strategies that IT manufacturing companies interested in expansion to Vietnam should consider. In sum, we believe this study can contribute to Korean IT manufacturing industry by suggesting key success factors and appropriate strategies for overseas expansion.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.42 no.3
• /
• pp.252-261
• /
• 2019

In this study, we analyzed the factors affecting the introduction of Smart Factory by domestic SMEs through AHP analysis and tried to provide implications for the introduction of Smart Factory. It was confirmed that the manufacturing and introduction group, the non-manufacturing introduction group, and the already introduced group had the highest weight in the cost reduction in the first hierarchy standard. At this time, it can be seen that the weight for cost reduction is relatively high in the manufacturing introduction group and the introduction group, and the weight for the productivity improvement is relatively high in the non-manufacturing introduction group. It can also be seen that the portion of marketing enhancement does not have a significant impact on smart factory choices. It was confirmed that image enhancement is the highest in the manufacturing introduction group and the non-manufacturing introduction group in the first hierarchy standard, and the marketing has the highest weight in the introduction group. In the two - tiered standard, customer - friendly and proper inventory maintenance weights were relatively high in all the introduced groups, except for the high rankings.

• Journal of the Korean Society of Manufacturing Process Engineers
• /
• v.18 no.6
• /
• pp.1-8
• /
• 2019

Modern weapon systems are multifunctional, with capabilities for executing complex missions. However, they are required to be highly reliable, which increases their total cost of ownership. Because it is necessary to produce the best results within a limited budget, there is an increasing interest in development, acquisition, and maintenance costs. Consequently, there is a need for tools that calculate the lifecycle costs of weapons systems development to facilitate decision making. In this study, we propose a cost calculation function based on the Markov process simulator-a reliability, availability, and maintainability analysis tool developed by applying the Markov-Monte Carlo method-as an alternative to these requirements to facilitate decision-making in systems development.

• Journal of Korean Society for Quality Management
• /
• v.17 no.2
• /
• pp.47-54
• /
• 1989

This study is concerned with the reduction of fraction defective for quality improvement model in manufacturing system. For the methodology, a heuristic method for the selection of alternatives of process improvement is introduced for quality improvement and cost problem subject to cost constraints. This study suggests a model for selecting fraction defective reduction alternatives in multi-stage manufacturing system and a numerical example is presented.

• IE interfaces
• /
• v.4 no.1
• /
• pp.35-46
• /
• 1991

The purpose of this paper is to present how to prepare pro forma manufacturing cost, and profit and loss statements using the historical data of the industry to which the project under consideration belong to. This approach is proposed because it is relatively simple compared with possible alternative methods. The approach proposed here can be used in countries other than Korean if relevant historical data is available. An example is shown.

• Korean Management Science Review
• /
• v.10 no.2
• /
• pp.111-120
• /
• 1993

The most important factors for a product to survive in the market are cost and quality. In recent years, quality proceeds to cost. There are many techniques of use to improve the quality of a product. One of the techniques is applying statistical methods (especially Taguchi method) to real operational conditions for a continuous manufacturing process in P company. There are 91 factors to control in the process. So, we predetermined 7 main effect factors and 6 interactive effect factors by statistical methods and advices of engineers. With these 13 factors, we determined the optimal level of operations for the process.

• Journal of Korean Institute of Industrial Engineers
• /
• v.21 no.3
• /
• pp.299-311
• /
• 1995

Conventional discounted cash flow techniques fail to capture the risk associated with investments. This paper proposes an annual cash flow model that considers risk, cost structure and inventory liquidation in the evaluation of investment alternatives. The risk differential of investments is included using the capital asset pricing model while the stochastic version of the cost-volume-profit approach is used to consider inventory liquidation and cost structure. Tradeoffs between fixed and variable costs have been investigated, and portrayed using iso-cash flow curves. The proposed cash flow model has been developed, in particular, to enable an accurate evaluation of advanced manufacturing systems.

• Proceedings of the Korea Concrete Institute Conference
• /
• 2001.05a
• /
• pp.313-318
• /
• 2001

The cost of producing ready mixed concrete(remicon) has increased due to the rising cost of raw materials for concrete and transportation caused by the upturn of oil price. In contrast, its orders have also decreased due to the recession of the construction industry. In addition, the cost of delivery has decreased owing to the excessive competition among manufacturing companies, so manufacturing companies began mixing ground granulated blast-furnace slag or fly ash to lower the cost. However, there is no way to determine whether the strength of the concrete using the admixture is satisfied or dissatisfied with design strength at the early age. The purpose of this study is dedicated to early strength estimation of concrete mixed with an admixture, ground granulated blast-furnace slag.

• Journal of the Korean Society of Manufacturing Technology Engineers
• /
• v.21 no.4
• /
• pp.570-574
• /
• 2012

Spread of household air conditioning system is continued to be increased. Axial fan in the external unit of air conditioning system is for ventilation and air supplying unit, and the related products have been widely adopted as household electronics, automobile engine, big sized blower in factory, tunnel, and subway. In this study, commercial 3-winged propeller fan is modified to shape and modified to 2-winged fan for the airflow increase and cost reduction. Using 3D modelling, the fan shape is modified, and analysis flow is adopted to provide the way to airflow increase and reduce cost while maintaining the same wind capacity.