• Title/Summary/Keyword: Development Life Cycle

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Analysis of the Life Cycle of Menus in Restaurants - A Case Study of 'T' Restaurant - (레스토랑 메뉴 수명주기(Menu Life Cycle) 패턴 분석 - T레스토랑 사례를 중심으로 -)

  • Shin, Seo-Young
    • The Korean Journal of Food And Nutrition
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    • v.25 no.1
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    • pp.205-213
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    • 2012
  • This study investigated the life cycle of menus and made suggestions on the appropriate time for when new menus should be developed. For this purpose, a total of 636 customers who visited 'T' Restaurant more than 25 times in the past three years were used for analysis. After estimating product life cycles based on sales and selling period, an empirical study was conducted. In terms of product life cycle, a growth stage was observed in the category of pasta and pizza in both stores A and B, whereas sales in the rice category stayed constant. Regarding trend in seasonal sales, a big difference was detected between the two stores. While store A was already in the decline stage of the life cycle in all menu categories, store B remained in the growth stage. In terms of menu life cycle, the product life cycle of long-lived products was observed in the pasta category in both stores A and B. While the pizza category was in the growth stage, the product life cycle of long-lived products was observed in the rice category. It is expected that the results of this study could be useful in development of new menus and product life cycle management to fulfill diverse customer needs in the dining-out business.

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.

A study for Menu Life Cycle of Hotel Restaurants (호텔레스토랑의 메뉴수명주기 (Menu Life Cycle)에 관한 연구)

  • 송청락
    • Culinary science and hospitality research
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    • v.2
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    • pp.59-87
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    • 1996
  • This study has been done by giving the guide when development of menu or doing marketing strategy in Hotel Restaurant. All products and service has a regular course from induction in market to disappear, so it shall be come out Products Life Cycle theory. In eating business, under the tendency and existing cycle to change menu by taste of customers, liking variation, change of periodic status (environment), MLC(Menu Life Cycle) shall be advised by application PLC(Products Life Cycle) in the process of induction of some menu first and spreading the same business field and then deletion (disappearance) from menu because of no popular. In Emergence Stage, it shall be tried to inform new menu through Cooking Contest, presentation of new menu, free sampling party and others. In Growth Stage, it shall be changed package menu or set menu. In Maturity Stage, it shall be provided complimentary ticket, gift coupon or discount for the customers with some degree of selling record in order to increase using frequency and selling amount after insure new customers. In Decline Stage, it shall be groped for entry underdeveloped country or less advance nation, but there is no possibility to devote in enterprise, it shall be planned substitute menu development in order to withdraw. By inducting MLC concept, it shall be provided the available informations such as“how could some menu be circulate in some restaurant”“Accordingly do strengthen promotion activities or go to low developed area or overseas, or delete it from menuitems and so on”. In the time of decline some menu, it is judged to the time of plan(preparation) of new menu development. In the broad view, when consideration of the concept of menu life cycle, it shall be possible to know which menu is decayed and which menu is developed newly or grown-up, so it shall be provided the important information to estimate the tendency of changing menu and set-up a menu development plan.

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Life Cycle of Heterotrophic Dinoflagellate Cryptoperidiniopsis brodyi (Dinophyceae) (Cryptoperidiniopsis brodyi (Dinophyceae)의 생활사)

  • Park, Tae-Gyu;Park, Young-Tae;Bae, Heon-Meen
    • Journal of Environmental Science International
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    • v.18 no.1
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    • pp.9-14
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    • 2009
  • Pfiesteriaand Pfiesteria-like organisms were reported to be linked to major fish kills(involving well over a billion fish) in North Carolina and Maryland estuaries on the U.S. east coast during the 1990s. Occurrences of these species have been recently reported from Korean waters including Chinhae Bay and the coast of Yeosu. In this study, the life cycle of Cryptoperidiniopsis brodyi and Pfiesteria piscicida were examined using DAPI staining. Their excystment and growth were stimulated directly by the addition of prey cells such as Rhodiminas salina. Amoeboid stages in C. brodyi and P. piscicida were never observed in culture, even after addition of filter-sterile fish mucus and tissue. The dominant life cycle stages consisted of motile flagellated zoospores and cysts. A typical dinoflagellate life cycle was demonstrated by direct observation and DAPI staining.

Optimum Life Cycle Cost Design of Steel Box Girder Bridges (강상형교의 최적 Life Cycle Cost 설계)

  • 조효남;민대홍;김구선
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 1998.10a
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    • pp.151-158
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    • 1998
  • This paper presents an optimal decision model for minimizing the life-cycle cost of steel box girder bridges. The point is that it takes into account service life process as a whole, and the life-cycle costs include initial (design, testing, and construction) costs, maintenance costs and expected failure costs. The problem is formulated as that of minimization of expected total life-cycle cost with respect to the design variables. The optimal solution identifies those values of the decision variables that result in minimum expected total cost. The performance constraints in the form of flexural failure and shear failure are those specified in the design code. Based on extensive numerical investigations, it may be positively stated that the optimum design of steel box girder bridges based on life-cycle cost approach proposed in this study provides a lot more rational and economical design, and thus the proposed approach will propose the development of new concepts and design methodologies that may have important implications in the next generation performance-based design codes and standards.

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Improving Requirements Specification to extend Requirements Management over the Development Life Cycle (요구사항 관리범위 확대를 위한 명세화 개선방안)

  • 신종철
    • Journal of the Korea Society of Computer and Information
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    • v.6 no.4
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    • pp.30-37
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    • 2001
  • In the conventional development methodologies, requirements are considered to be not changing after the analysis phase. But in the real world requirements can be changed and modified through out the development life cycle according to end-user's more understanding about the target system. new IT technologies, changes of customer environment and market situation, and so on. In this paper, an idea of improving the requirements specification to extend requirements management over the whole development life cycle is proposed to resolve the requirements management problem of development methodologies.

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A Study on Policy Regional Tourism Development of Life cycle for Laos Mysterious Pot Using Official Development Assistance (공적개발원조(ODA)를 위한 라오스 항아리평원 생애주기별 관광사업개발 정책방안 연구)

  • Koo, Kyung-Yeo;Ahn, Tae-Hong
    • Asia-Pacific Journal of Business
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    • v.10 no.4
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    • pp.167-180
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    • 2019
  • The purpose of this paper is to explore Laos mysterious 'Plain of Jars' area in a village. 'The Plain of Jars' site has been proposed for listing as a UNESCO World Heritage Monument. The study used convenience sampling and surveyed tourists who visited Tonghahin in Xieng Khouang. The results of this study are summarized as follows: First, Tonghahin is introduction stage from the tourism life cycle due to lack of basic infrastructure such as road condition, transportation, information service, etc,. Second, this study examined the ways to improve methods such as adminstration system and hospitality service manual for tourist site. Thereafter, third, to develop each attraction, they have come with better tourism products. These things are foresight-able to-do list for nomination as the UNESCO World Heritage. The recommendations and suggestions for future research are also discussed.

A Study on the Determination of Economic Life of Weapon System by using the PRICE Model (PRICE 모텔을 이용한 무기체계 경제수명 결정에 관한 연구)

  • Kim Seung-Soo;Kang Sung-Jin
    • Journal of the military operations research society of Korea
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    • v.30 no.2
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    • pp.13-31
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    • 2004
  • This paper aims at efficient determining the economic life of weapon systems. Specifically, the procedure to estimate the life cycle cost at initial acquisition state or at development state using the PRICE model is proposed. The PRICE model is a parametric cost estimation which is widely used in the field of national defense. The model includes the estimation of the cost in life cycle of weapon systems such as research and development, acquisition, operation and support. Using this model, economic life of weapon systems can be determined. Based on an equivalent annual cost (EAC) method which sums the capital recovery with return (CR) and the equivalence cost (EC), the economic life will be calculated. A case study is accomplished to illustrate the proposed procedure.

Minimum Expected Life Cycle Cost Model for Optimal Seismic Design and Upgrading of Long Span PC Bridges (장대 PC교량의 최적 내진설계 및 성능개선을 위한 최소 기대 Life Cycle Cost 모델)

  • 조효남;임종권
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 1999.04a
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    • pp.305-312
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    • 1999
  • This study is intended to propose a systematic and practical life cycle cost(LCC) model for the development of the reliability-based seismic safety and cost-effective performance criteria for design and upgrading of long-span PC bridges. The LCC models consist of five cost functions such as initial cost, repair/replacement cost, human losses, road user cost, and indirect losses of regional economy. The proposed model Is successfully expressed in temrs of Park-Ang damage indices and life cycle damage probability obtained from SMART-DRAIN-2DX which is an existing algorithm for nonlinear time history analysis. The proposed LCC model is successfully applied to a viaduct constructed by PSM, in Seoul. Based on the observations, the proposed systematic procedure for the formulation of LCC model may be useful for the development of the reliability-based seismic safety and cost-effective performance criteria for design and upgrading of long-span PC bridges.

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A Basic Study on the Development of Life Cycle Cost Estimation Model of Magnetic Levitation Train (자기부상열차 수명주기비용모델 개발을 위한 기초연구)

  • Jun, Hyun-Kyu;Kim, Jae-Hoon;Kim, Jong-Woon;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.735-742
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    • 2007
  • To get competitiveness in international markets, it is essential to provide low acquisition, maintenance and operation cost with high reliability, availability and maintainability. It can be achieved by lowering development cost, making proper maintenance planning and scheduling strategies, allocating man power and logistic cost properly. In this paper, we introduces the research on making a model for estimating the life cycle cost of newly developing magnetic levitation train system in Korea. To develop a proper life cycle cost model, we broadly analyzed specs and standards and compared the life cycle cost model developed in other country. Finally, we suggests strategies to develop an unique model for the magnetic levitation train system developing in Korea.

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