• Title/Summary/Keyword: planning of life-cycle

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Effect of Age Cohort on Life Cycle Financial Planning

  • FOLK, Jee Yoong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.4
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    • pp.26-47
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    • 2014
  • The paper examined effect of age cohort on life cycle financial planning. A total of 990 questionnaires were distributed with a 55.2% return rate. Seven hypotheses were analysed using hierarchical and ordinary regression analysis. The results revealed that age cohort variables made significant contribution to life cycle financial planning as well as personal orientation towards retirement planning, particularly the younger age cohort. Age cohorts do affect personal orientation towards retirement planning with the confidence level making a significant impact. Current financial resources do have a strong positive impact on consumption for all age cohorts. On the other hand, no significant effect was found between age cohorts and current financial resources but older age cohorts were relatively more significant predictors. The implication was that not only should their individual perceptions of financial planning become an increasingly important part of people's long-term commitment throughout their life-cycle, it must also assume the role as a self-directed life-long learning process, in view of the ever-changing and complicated financial environment.

A Study on The Household Investment Planning According to Family Life Cycle (가족생활주기에 따른 가계의 투자계획에 관한 연구)

  • 범수인
    • Journal of the Korean Home Economics Association
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    • v.30 no.1
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    • pp.199-217
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    • 1992
  • The purpose of this study was to examine changes in the household investment planning according to the family life cycle, to improve the household investment planning process, and to develop research model. The results were as follows : Household investment planning varied with stages of the family life cycle because the stock of resources shifted and financial goals changed as the family life cycle stage changed. The main financial goals of family in each stage of the life cycle were the purchasing of house in the establishing stage, children's education and marriage in the extending stage, and the elderly's economic welfare in the diminishing stage. Also, in the Ⅰ & Ⅱ stage the most important investment goals were the purchasing of house, children's education in the Ⅲ stage, children's marriage in the Ⅳ stage, and the elderly's economic welfare in the Ⅴ stage. Therefore, the financial goals were recognized as the important goals underlain the investment-planning goals, and alternatives for the accomplishment of investment-planning goals were determined. The results of this study can contribute to establish the long-run investment planning process and improve the level of household's financial well-being.

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A Study on the Numerical Approach for Industrial Life Cycle: Empirical Evidence from Korea

  • LEE, Kangsun;CHOI, Kyujin;CHO, Daemyeong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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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.

An Analysis of the Preferential Unit Planning Components of High-rise Residential Buildings Across Family Life Cycle Stages (가족생활주기별 아파트 단위주호 계획요소 선호분석)

  • Lee Yeunsook;Lee Hyunjeong;Lee Jeeyoung
    • Korean Institute of Interior Design Journal
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    • v.14 no.2 s.49
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    • pp.120-127
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    • 2005
  • The purpose of this study was to examine preferential unit planning components of high-rise residential buildings across family life cycle stages. The questionnaire survey was adopted in this study, and 110 cases were used for data analysis. Based on the age of the oldest child, the family life cycles used in the study were divided into four stages: early childhood, elementary school, adolescence, and adulthood. The findings showed that the preference of the unit planning components across the stages was distinct; families in the stage of early childhood and adolescence had the growing needs for spatial features, and regarded living-related features as important. Families in the stage of adulthood tended to have larger spaces. It was noticed that unit planning components needed to be more differential when the combined effect of both family life cycle stages and housing size was considered.

Core Concepts of Home Economics: Management and Planning of Life-cycle (가정과교육과정에서의 핵심개념: 관리 및 생애설계)

  • Nam, Su-Jung
    • Journal of Korean Home Economics Education Association
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    • v.28 no.2
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    • pp.51-59
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    • 2016
  • In this study, we identified the theoretical basis of management and planning of life-cycle, the core concept of resource "Administration and Independence," of Home Economics curriculum according to "Notification of Education Ministry #2015-74." First in relation to "management", we identified the systematic theory, the theoretical basis of traditional home management, and diagnosed how this systematic theory is reflected on 2015' curriculum. As a result, the contents of actual curriculum's middle school contents does not include integrally the life related problems that middle students are facing in real life, and it is hard to be convinced what priority the element of selected contents have of several problems. Next, in case of planning of life-cycle that accentuates the importance of life plan corresponding to career orientation it mentions the contents including very comprehensive area such as value, profession, health as well as developmental task, but the fact leaves to be desired that 2015 curriculum is overlooking the importance of financial planning, the international trend.

THE RESEARCH ON CONCEPTUAL MODEL OF LNG PLANT PROJECT PLANNING EXPERT SYSTEM

  • Moon-Sun Park;Young-Ai Kim;Seung-Wook Lee;Sung-Ryul Bae;Hyun-Wook Kang;Byoung-Jun Min;Yong-Su Kim
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1570-1575
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    • 2009
  • The purpose of this research is to propose the conceptual model of Scenario-based Project Planning Expert System which has not been used in domestic LNG plant industry. This research examines data on the plant project planning expert system of domestic and oversea, analyzes the components of project planning expert systems and benchmark excellent cases. The conceptual model of LNG plant project planning expert system is established through the procedure as has been noted above. The results of this research are as follows: First, this research draws out such components of LNG plant project planning expert system as feasibility, cost control, contract management and risk management. Second, this research proposes the conceptual model of LNG plant project planning expert system which core module is consist of feasibility evaluation, life cycle cost evaluation and decision making. Finally, each module of LNG plant project planning expert system would be integrated into the Scenario-based Project Planning Expert System.

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Modeling and Evaluating Inventory Replenishment for Short Life-cycle Products

  • Wang, Ching-Ho;Lint, Shih-Wei;Chou, Shuo-Yan;Tsai, Chun-Hsiang
    • Journal of Korean Institute of Industrial Engineers
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    • v.34 no.4
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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.

An Assessment of Planning and Implementing on Home Education Effect on the Soundness of Home Life (가정교육에 대한 계획 및 수행이 가정건전도에 미치는 영향평가)

  • 이영호
    • Journal of Families and Better Life
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    • v.15 no.2
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    • pp.87-98
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    • 1997
  • The purpose of this study were to examine the relationship among the planning implementing and satisfaction on home education and the soundness of home life. The samples were composed of 629 parents(home educators) selected by family life cycle and local distribution. Consequently the findings of this study were that planning have a significant effect on implementing on home education. Also implementing have a more significant effect on soundness of home life than satisfaction on home education.

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A Development of BIM Planning Framework for BIM Based Collaboration (BIM 기반 협업을 위한 BIM Planning 체계 개발 - 가상건설 연구단의 CPLM 시스템 중심으로)

  • Yoon, Su-Won;Kim, Seong-Ah;Chin, Sang-Yoon;Choi, Cheo-Ho
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2010.04a
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    • pp.369-374
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    • 2010
  • 최근 건설 산업에서 BIM이 각광 받으면서, BIM 기반의 다양한 엔지니어링 기술 도입 및 프로세스 적용이 시도 되고 있다. 이중 BIM 기반의 프로젝트 운영을 위해서는 BIM의 데이터의 저장, 수정, 배포뿐만 아니라, 관련 주체간의 협업이 가능한 환경이 요구되고 있으며, 이러한 환경 구축을 위해 제조업에서 활용되고 있는 PDM(Project Data Management) 또는 PLM (Product Life-cycle Management) 시스템을 벤치마킹한 CPLM (Construction Project Life-cycle Management)과 같은 BIM 기반 협업 시스템이 등장하고 있다. 하지만 기존의 이러한 협업 시스템의 경우, 건설 프로젝트가 가지는 다양한 계약 방식, 관리 단계, 관련 정보의 체계 등에 대한 종합적 계획 없이 프로젝트의 각 참여 주체들의 기존 관리 방식을 도입함으로써, 당초 BIM 기술을 도입하여 달성하고자 하는 원활한 협업 환경을 구축하는데 한계를 가지고 있다. 따라서 본 연구에서는 최근 BIM 가이드라인의 도입 등에서 시도되고 있는 BIM Planning이라는 개념을 활용하여, BIM 기반 협업 시스템의 구축 이전에 BIM을 관리하기 위한 관리 구조, 방식, 데이터 체계 등을 효과적으로 계획하고, 이를 시스템에 반영시킴으로써 보다 효과적인 BIM 기반 협업 환경이 구축될 수 있는 체계를 제안하였다.

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A Study on the Life Cycle Energy and $CO_2$ in the Apartment Housings (공동주택의 라이프사이클 에너지와 이산화탄소 추정에 관한 연구)

  • Lee, Kang-Hee;Chae, Chang-U
    • Journal of the Korean housing association
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    • v.19 no.4
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    • pp.89-96
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    • 2008
  • The environment has played a key role to improve the living condition and develop the industry. In building industries, we should consider the environment and mitigate the environmental affect. For mitigating the its affect, various areas of building technology have been developed and applied into filed work. In addition, the process in applying into field requires to conduct the assessment of the environmental affect and improve its applied technology. A lot of assessment methods are proposed in evaluate the building condition such as post-occupancy evaluation, life cycle management and life cycle assessment. Among these assessment methods, life cycle assessment is effectively utilized the environmental affect in building life cycle. Therefore, this paper aimed at analyzing the energy consumption and $CO_2$ emission in building life cycle, using the life cycle assessment and application of the example in apartment housing. This study shows that the maintenance and the production of building materials stage shares most of the amount of energy consumption and $CO_2$ emission and therefore plays an important role to planning the building in terms of the life cycle. Second, the other stages brings about a very small amount. It is important to decide the building shape and contents to mitigate the environmental affect in terms of material, volume, the pattern of the energy use and others.