• Journal of Korean Society of Industrial and Systems Engineering
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• v.25 no.4
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• pp.79-85
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• 2002

In general, estimates of average service lives and of mortality functions are less well-based than most types of economic statistics published by statistical offices. Therefore, hypotheses about service lives of tangible assets and their distribution are most difficult aspects to tackle. In this paper, estimates of service lives based on directly observed data on domestic industrial property and retirement rates are presented.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.37 no.4
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• pp.106-115
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• 2014

Until now, because a new product (or facility) launched in market has been retired from one year of age, we can have had ASL by stub-curve method by Iowa curve. Recently, many innovative products with important role in market like display and solar-cell etc. are more durable and, what are better, they have the constant variance in ASL because of their good quality. Of course, there are some ones like smart mobile phone with relatively big dispersion in ASL. Estimating ASL of products like display and solar-cell etc., the new approach is needed. In this paper a new method applied traditional Iowa curve with accelerated reliability test (indoor/outdoor) etc. is proposed.