• 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.

• Journal of Korean Institute of Industrial Engineers
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• v.42 no.3
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• pp.241-248
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• 2016

Plant life cycle consists of design, construction, certification, operation, and maintenance phases, and various and enormous plant life cycle data is involved in each phase. Plant life cycle data should be linked with each other based on its proper relationships, so that plant operators can access necessary plant data during their regular operations and maintenance works. Currently, the relationships of plant life cycle data may not be defined explicitly, or they are scattered over several plant information systems. This paper proposes high level design of a plant life cycle data management system based on pre-defined plant life cycle database design. ISO-15926 standard is adapted for the database design. User-interface designs of the plant life cycle data management system are explained based on analysis of plant owners' requirements. A conceptual design of the database is also described with the entity-relationship diagram.

• 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.

• Proceedings of the KAIS Fall Conference
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• 2004.06a
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• pp.335-338
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• 2004

Life-Cycle Engineering(LCE) is a decision-making methodology that considers environmental and cost needs during the product life-cycle. Environmental conscious design and manufacturing has become more and more important and it has been enforced by governmental regulations and used as trade restriction. LCE involves integrating environmental consideration into new product development including design, material selection, manufacturing processes and distribution of the product to the consumers, plus the end-of-life management such as disassembly, material recovery, remanufacturing of the product after discarding it. In this paper, a state-of-the-art survey of LCE is presented.

• Environmental Engineering Research
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• v.22 no.3
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• pp.266-276
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• 2017

A life cycle impact assessment was applied in an industrial waste incineration plant to evaluate the direct and indirect environmental impacts based on toxicity and non-toxicity categories. The detailed life cycle inventory of material and energy inputs and emission outputs was compiled based on the realistic data collected from a local industrial waste incineration plant, and the Korean life cycle inventory and ecoinvent database. The functional unit was the treatment of 1 tonne of industrial waste by incineration and the system boundary included the incineration plant and landfilling of ash. The result on the variation of the impact by the unit processes showed that the direct impact was decreased by 79.3, 71.6, and 90.1% for the processes in a semi dry reactor, bag filter, and wet scrubber, respectively. Considering the final impact produced from stack, the toxicity categories comprised 91.7% of the total impact. Among the toxicity impact categories, the impact in the eco-toxicity category was most significant. A separate estimation of the impact due to direct and indirect emissions showed that the direct impact was 97.7% of the total impact. The steam recovered from the waste heat of the incineration plant resulted in a negative environmental burden.

• Journal of Korean Institute of Industrial Engineers
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• v.19 no.1
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• pp.73-77
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• 1993

This paper considers an Economic Order Quantity Model under random life cycle. It is assumed that the life cycle of the product is unknown; a random variable. Three cost parameters are considered; ordering cost, inventory carrying cost and salvage cost. Expected total cost is the optimization criterion. We show that the optimal cycle length is unique and finite, and present a simple line search method to find an optimal cycle length.

• IE interfaces
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• v.13 no.1
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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.

• Journal of the Korean Society of Systems Engineering
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• v.4 no.1
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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.

• International Journal of Quality Innovation
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• v.8 no.2
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• pp.32-56
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• 2007

Life Cycle Assessment (LCA) aims to analyze possible impact upon manufacturing process and availability of products, and also study the environmental considerations and potential influence during entire life cycle ranging from procurement, production and utilization to treatment (namely, from cradle to tomb). Based on high-density polyethylene (HDPE) pipe manufacturing of company A, this case study would involve evaluation of environmental influence during the production process. When the manufacturing process has been improved during "production process" and "forming cooling" stage, it is found that capital input on "electric power" and "water supply" could be reduced, thus helping to sharpen the competitive power of company A, and also ensure sustainable economic and industrial development in accordance with national policies on environmental protection.

• Proceedings of the IEEK Conference
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• 2001.10a
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• pp.301-306
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• 2001

Applying life cycle assessment in PCB (printed circuit board) production, most of environmental impacts come from outside-factory-process due to power generation, especially, and other raw material productions. Relatively, small environmental impacts of inside-factory-process make it difficult to compare them. To overcome this problem allocating environmental impacts of outside-factory-process on inside-factory-process. It helps to identify the environmental impacts of each process and find sources of environmental impacts. Also, life cycle assessment shows reduction of environmental impacts after copper recycling process.