• Title/Summary/Keyword: Life curve

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Derivation of Profit Curve by Cubic Cost Function and Mathematical Verification of Industry Life Cycle: Focused on All Industries in Korea (3차 비용함수에 의한 이익곡선 도출과 산업 라이프사이클의 수리적 검증: 우리나라 전 산업을 중심으로)

  • Hoo Seok Pai;Chae Kwan Lim
    • Journal of Korean Society for Quality Management
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    • v.51 no.4
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    • pp.481-496
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    • 2023
  • Purpose: The main theme of this study is to derive a profit curve by a cubic cost function for nonlinear CVP analysis. According to the analytical approach to derive a nonlinear profit function in this study, it is possible with only the existing cost structure to calculate the profit maximization and downtime point sales unlike the classical CVP analysis. Furthermore, the profit curve by the mathematical model of this study could serve as a tool to quantify the qualitative evaluation of each stage of the industry life cycle. Methods: This study followed the mathematical approach from the cubic cost function model of microeconomics, and using real data of the Bank of Korea Results: The nonlinear profit function suggested by this study is as follows; ${\pi}(x)=-a\left(x-\frac{f}{1-v}\right)^3+(1-v)x-k$ where $a=\frac{1}{3}v\left(\frac{(1-v)}{f}\right)^2,k=f-a\left(1-\frac{f}{1-v \right)^3$ Conclusion: The process and results of this study would be able to contribute not only in practice of nonlinear CVP analysis required in the management accounting or financial management, but also in cost theory of microeconomics. Also, since the life cycle of all industries in Korea was verified to the growth or mature stage, decision makers should pay careful attention to determining life cycle stages and consider the profit curve by the average variable cost ratio over multi periods.

A Study on the Fatigue Properties of Ti-Ni Shape Memory Alloys (Ti-Ni계 형상기억 합금의 피로특성에 관한 연구)

  • S.Y Kim;S. Miyazaki
    • Journal of Advanced Marine Engineering and Technology
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    • v.21 no.5
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    • pp.482-490
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    • 1997
  • The effects of strain amplitude. test temperature and stress on the fatigue properties for Ti-Ni wires were investigated using a rotary bending fatigue tester specially designed for wires. The fatigue test results were discussed in connection with the static tensile properties. The DSC measurement was conducted after fatigue test in order to clarify the change of transformation behavior due to the progress of fatigue. Under the temperature below or near the Af, the strain amplitude($\varepsilon_a$)-failure life (Nf) curve showed to be composed of three straight lines with two turning points. Of the 2 turning points, the upper one was coincident with the elastic limit strain and the lower one with the proportional limit strain. With rising of the test temperature above Af, the pattern of $\varepsilon_a$-Nf curve changed gradually to composition of 2 straight lines. The $\varepsilon_a$-Nf curve shifted depending on test temperature. In the short and medium life zones, the higher the temperature was, the shorter the fatigue life. However, in the long life zone, above the Af temperature, the fatigue life was not affected by the temperature. The transformation enthalpy measured after fatigue test was dependent on Nf, $\varepsilon_a$, and test temperature.

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Evaluation of Fatigue Life Characteristic of a Real Waterwork Pipe Using the Probability Density Function (확률밀도함수를 이용한 상수도 실 배관의 피로수명 특성 평가)

  • Choi, Jung-Hun;Koo, Jae-Mean;Seok, Chang-Sung;Song, Weon-Keyu
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.32 no.9
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    • pp.707-712
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    • 2008
  • The fatigue characteristics of a material or a structure are generally derived from fatigue tests of standard specimens. However, test results of standard specimens are different from those of real structures or components. Therefore, to calculate more accurate fatigue life, the geometrical effect and surface condition must be considered by comparing test results of standard specimens with those of real structures or components. Thus the object of this paper is to evaluate the fatigue characteristics of a real waterwork pipe. Also, to evaluate fatigue characteristic based on life distribution, the statistical fatigue characteristics were analyzed by the normal distribution and related data of P-S-N curve.

A Study on the Prediction of Fatigue Life in Die (금형의 피로수명 예측에 관한 연구)

  • 여은구
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.8 no.4
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    • pp.87-92
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    • 1999
  • Generally the life of die is limited by fatigue fracture or dimensional inaccuracy originated from wear. In this paper to predict the fatigue life of die the stress and strain histories of die can be predicted by the analysis of elastic-plastic finite element method and the elastic analysis of die during the process analysis of workpiece. Also the stress-life curve of die material can be obtained through experiment. With the above to재 facts we propose the analysis method of prediction fatigue life in die,. In the proposed model the analysis of elastic-plastic finite element method for material is carried out by using ABAQUS. Surface force resulted from the contacting border of the die and workpiece is transformed into the nodal force of die to implement elastic analysis. besides the proposed analysis model of die is applied to extrusion die and forging. die.

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The Novel Concepts for Reliability Technology

  • Ryu, DongSu
    • Corrosion Science and Technology
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    • v.4 no.5
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    • pp.201-206
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    • 2005
  • Starting with the meaning of the word quality, diverse concepts connoted by the term are examined. Instead of a bathtub curve, the desirable shape of a failure rate covering the entire life of a good product, which might be called hockey-stick line, is introduced. From the hockey-stick line and the definition of reliability, two measurements are extracted. The terms r-reliability (failure rate) and durability (product life) are explained. The conceptual analysis of failure mechanics explains that reliability technology pertains to design area. The desirable shape of hazard rate curve of electronic items, hockey-stick line, clarifies that Mean-Time-to-failure (MTTF) as the inverse of failure rate can be regarded a nominal life. And Bx life, different from MTTF, is explained. Reliability relationships between components and set products are explained. Reshaped definitions of r-reliability and durability are recommended. The procedure to improve reliability and the reasons for failing to identify failure mode are clarified in order to search right solutions. And generalized Life-Stress failure model is recommended for the calculation of acceleration factor.

A Fatigue Life Prediction by Growth Characteristics of a Small Surface Crack (작은 표면균열의 성장특성에 의한 수명예측)

  • Suh, Chang-Min;Lim, Chang-Soon;Gang, Yong-Gu
    • Journal of Ocean Engineering and Technology
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    • v.3 no.2
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    • pp.617-617
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    • 1989
  • This paper deals with a fatigue life prediction of a surface crack based on the experimentally obtained relationship between surface crack length ratio $a/a_{f}$ and cycle ratio $N/N_{f}$ using micro computer. Firstly $a/a_{f}$-$N/N_{f}$ curves obtained from experimental tests, were assumed as three curves UC(the upper limit curve), LC(the lower limit curve) and MC(the middle curve), and these were utilized to predict the fatigue life. Comparing the calculated values which represent the characteristics of crack growth behaviors from the three assumed curves with the experimental ones, it has been found that in the stable crack growth region, they coincide reasonably well each other. And the differences between the fatigue lives obtained from the assumed curves and the experimental fatigue life did not exceed 20%. Using the characteristics of $a/a_{f}$-$N/N_{f}$ curves, it is possible to predict the da/dN-Kmax curves and the S-$N_{f}$ curves.

A Fatigue Life Prediction by Growth Characteristics of a Small Surface Crack (작은 표면균열의 성장특성에 의한 수명예측)

  • Suh, Chang-Min;Lim, Chang-Soon;Gang, Yong-Gu
    • Journal of Ocean Engineering and Technology
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    • v.3 no.2
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    • pp.108-117
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    • 1989
  • This paper deals with a fatigue life prediction of a surface crack based on the experimentally obtained relationship between surface crack length ratio $a/a_{f}$ and cycle ratio $N/N_{f}$ using micro computer. Firstly $a/a_{f}$-$N/N_{f}$ curves obtained from experimental tests, were assumed as three curves UC(the upper limit curve), LC(the lower limit curve) and MC(the middle curve), and these were utilized to predict the fatigue life. Comparing the calculated values which represent the characteristics of crack growth behaviors from the three assumed curves with the experimental ones, it has been found that in the stable crack growth region, they coincide reasonably well each other. And the differences between the fatigue lives obtained from the assumed curves and the experimental fatigue life did not exceed 20%. Using the characteristics of $a/a_{f}$-$N/N_{f}$ curves, it is possible to predict the da/dN-Kmax curves and the S-$N_{f}$ curves.

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A Study on the Estimation of Limits to Life Expectancy (한국인 기대여명의 한계추정에 관한 연구)

  • 천성수;김정근
    • Korea journal of population studies
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    • v.16 no.2
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    • pp.65-83
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    • 1993
  • The purpose of this study is estimate limits of Korean life expectancy at birth by 'Gompertz growth curse Model', 'Cause-Elimination Model' and Multidimensional models of Senescencee and Mortality'. Data used in Gompertz curve were obtained from all life tables published from 1905 to 1990 in Korea, and life expectancies at birth of eighteen groups were selected at five-year interval in consideration of time-series changes. Data used in Cause-Elimination Model are 'Cause of Death statistics in 1991' published in 1992 by National Bureau of Statistics of Korea and 'life table of 1989' published in 1990 by National Bureau of Statistics, Economic Planning Board of Korea. The materials are all classifiable death data, 119, 253 cases of male and 82, 420 cases of female, which is from 1991 Causes of Death statistics. The cases of death analyzed belong to one of 8 categories; i.e., Infectious and Parasitic Diseases(001-139; with notation of Infectious Diseases), Malignant Neoplasms(140-208), Hypertensive Diseases(401-405), Ischemic Heart Dieases and Diseases of Pulmonary Circulation and Other Forms of Heart Diseases(410-429;with notation of Heart Disease), Cerebrovascular Diseases(430-438), Chronic Liver Diseases and Cirrhosis(571; with notation of Liver Diseases), Injury and Poisoning(800-999) and all other disease. Data used in 'Multidimensional models of senescence and mortality' were life table of 1989 published by National Bureau of statistics, Economic Planning Board of Korea and life table of 1970, 1978-79, 1983, 1985 and 1987. The major findings may be summarised as follows: 1. Estimate equations of Gompertz growth curve using life expectancy at birth during the 1905-1990 period are as the following. Male : y = 88.047697 $\times$ $0.199690^{0.903381x}$ Female : y = 95.632828 $\times$ $0.199690^{0.903381x}$ Limits of life expectancy at birth, which were estimated by Gompertz growth curve, are 88.05 for male and 95.63 for female. 2. The effect on life expectancy at birth eliminationg all causes death is 14.04 years(for male) and 10.86 years(for female). Astonishingly, eliminating the malignant neoplasms increase life expectancy at birth by 2.85 years for male 2.03 years for female in 1991. In table 8 we show the effect on life expectancy at birth of separately eliminating each of the 8 categorical causes of death. The theoretical limit to life expectancy by Cause-Elimination Model is 80.96 for male and 85.82 for female. 3. If the same rate of delay [0.376 year(male), 0.435 year(femable) per calendar year] continued, then life expectancy at birth would reach 74.82(male) years and 84, 10(female) years in 2010. With 14.04-years(male) and 10.86-years(female) effect attributable in 2010 would be 88.86 years(male) and 94.96(femable) years. 4. 'Multidimensional models of senescence and death' permits calculations of the value of the attribution coefficient (B), percent of loss per year of physiologic function. The results of Ro and B during the 1970-1989 period are listed in table 9. Estimate of limit to Korean life expectancy at birth by 'Multidimensional models of senescence and death' is 99.47 years for male and 104.74 years for female in 1989.

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The Life Expectancy Making Model for Construction Equipment (건설장비 수명결정 모델)

  • Lee, Yongsu;Kim, Cheol Min
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.5D
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    • pp.453-461
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    • 2012
  • Life analysis is conducted for economic analysis of equipment or facilities. The purpose of life analysis is to predict future indicators for scrapping construction equipment, and establish and utilize a wide variety of business strategies according to data predictions. First, this study shows the methods to figure out average life, life expectancy and life prediction of construction equipment and the analysis of life making methods, using survival curves. Second, the study proposes and examines the life expectancy making model depending on revenues and expenses. The result of the study reveals that the economic life of the same equipment varies with expenses, revenues and the initial cost. The life expectancy making model for construction equipment reflects respective management status for equipment and will help efficient management for companies.

Strength Evaluation and Life Prediction of the Multistage Degraded Materials (다단계 모의 열화재의 재료강도 평가와 수명예측)

  • 권재도;진영준;장순식
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.17 no.9
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    • pp.2271-2279
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    • 1993
  • In the case of life prediction on the structures and machines after long service, it is natural to consider a degradation problems. Most of degradation data form practical structures are isolated data obtained at the time of periodical inspection or repair. From such data, it may be difficult to obtain the degradation curve available and necessary for life prediction. In this paper, for the purpose of obtaining a degradation curves, developed the simulate degradation method and fatigue test and Charpy impact test were conducted on the degraded, simulate degraded and recovered materials. Fatigue life prediction were conducted by using the relationship between fracture transition temperature (DBTT : vTrs) obtained from the Charpy impact test through the degradation process and fatigue crack growth constants of m and C obtained from the fatigue test.