• Title/Summary/Keyword: Life-cycle management

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Product Life Cycle in view of Market Risk Management (Market Risk Management 관점에서 본 Product Life Cycle)

  • Shin, On-Myung;Kim, Young-Ei
    • Journal of Distribution Science
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    • v.7 no.1
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    • pp.91-104
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    • 2009
  • The Purpose of this study is to reveal interactive relation between Product Life Cycle and Market Risk Management. PLC analyzes consumer buying behavior, volatility of price and sales at market place from the viewpoint of Marketing so that company can improve management result. This study is attempt to analyze PLC from a comprehensive and integrating angle by using MRM. In order to find out relationship between two theories, this study is an extraction of the factors that affects the management result commonly on PLC and MRM. Then, this study analyzes the factors of PLC from the viewpoint of MRM. The result shows that the factors of PLC and MRM have relation with in terms of volatility of price, trade risk and market share.

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A study on the Life Cycle Cost reduction of the LRT's power systems based on the advanced Systems Engineering (시스템엔지니어링 기법 적용에 따른 경량전철 전기시스템의 생명주기비용 절감에 관한 연구)

  • Choi, Won-Chan;Bae, Joon-Ho;Heo, Jae-Hun;Joo, Ji-Young
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1434-1439
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    • 2011
  • The purpose of this study is based on the optimize the system life cycle cost apply to the advanced systems engineering techniques consideration thought to the system life cycle for the power system which is the one of the major component of the light rail transit system. Generally, the systems engineering techniques apply to the LRT's power systems are not optimize the whole life cycle cost of the power systems because systems engineering management activities are concentrate in performing the key-technology oriented at the construction stage of the dedicated power systems for light rail transit. Through this study, All the stakeholders can be utilize a this advanced systems engineering techniques which is fully considered the life cycle cost through the considering in whole system life cycle (such as concept, design, operation, maintenance and dispose stage as well as construction stage) and adopted by KSX ISO/IEC 15288 system life cycle processes.

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Proposal on the Leisure life Cycle Model by Approaching life Cycle of Leisure Activity (여가에 대한 생애주기 관점과 여가생활주기 단계별 모형 개발)

  • Yoon, So-Young
    • Journal of Families and Better Life
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    • v.28 no.4
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    • pp.103-115
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    • 2010
  • This study approached the leisure with the step of life cycle, analyzing the process of leisure career and leisure development in individual life. The leisure life cycle leads the other related studies by examining the concepts of continuity, change, leisure socialization, and leisure career. It also analyzes the patterns and the structures of the use of life time, using '2004 Time Use Survey' from the Korea National Statistical Office. As a result, this study suggests new 3 steps of leisure life cycle: participating and expanding stages, selective and concentrating stage, and continuing and absorbed stage. These steps set up the goal of leisure program by the periods. They also can help setting the direction of leisure activities, and can be used as basic data that can make up the leisure activity program models step by step. Moreover, the development of model can be used as valuable information to draw up the plans that can prepare for aging society and demand the support of policy.

Purposes, Results, and Types of Software Post Life Cycle Changes

  • Koh, Seokha;Han, Man Pil
    • Journal of Information Technology Applications and Management
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    • v.22 no.3
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    • pp.143-167
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    • 2015
  • This paper addresses the issue how the total life cycle cost may be minimized and how the cost should be allocated to the acquirer and developer. This paper differentiates post life cycle change (PLCC) endeavors from PLCC activities, rigorously classifies PLCC endeavors according to the result of PLCC endeavors, and rigorously defines the life cycle cost of a software product. This paper reviews classical definitions of software 'maintenance' types and proposes a new typology of PLCC activities too. The proposed classification schemes are exhaustive and mutually exclusive, and provide a new paradigm to review existing literatures regarding software cost estimation, software 'maintenance,' software evolution, and software architecture from a new perspective. This paper argues that the long-term interest of the acquirer is not protected properly because warranty period is typically too short and because the main concern of warranty service is given to removing the defects detected easily. Based on the observation that defects are caused solely by errors the developer has committed for software while defects are often induced by using for hardware (so, this paper cautiously proposes not to use the term 'maintenance' at all for software), this paper argues that the cost to remove defects should not be borne by the acquirer for software.

PLM System Development for Data Management of KSLV-II Program (한국형발사체개발사업 정보 관리를 위한 PLM 시스템 구축)

  • Kwon, Byung-Chan;Park, Chang-Su;Kim, Keun-Taek
    • Journal of Aerospace System Engineering
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    • v.8 no.2
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    • pp.49-54
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    • 2014
  • The main purpose of Korea Space Launch Vehicle II(KSLV-II) Program is to develop a domestic launch vehicle that can deliver a 1.5ton class application satellite into a Low Earth Orbit(600~800km). The data management is an essential factor in systems engineering for success of large-scale complex systems development, and it systematically manages the information and technical data for the total life-cycle of a system. In this paper, data management policies and processes on KSLV-II program are presented, and product life-cycle management system for KSLV-II program is also presented.

Fundamental Investigation of Knowledge Management System for a Plant

  • Seo-kyung Won;Ji-Yune Soh;Junbok Lee ;Choong-hee Han
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.375-380
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    • 2009
  • Gas & Oil plant construction projects are increasing recently all over oil-producing countries. An EPC (Engineering, Procurement and Construction) company, which participates in the plant projects, should possess pertinent engineering licenses and EPC management skills to create high added-value. Nonetheless, there exist various risks involved in the EPC life cycle process due to such characteristics of construction projects as long duration of construction time and complicated processes along with the procured goods or services subjected to various logistics. The objective of this paper is to analyze the overall EPC life cycle for proper process and to examine various information and document. Additionally, the principal data for the analysis of the EPC process are derived from personal interviews with experts and specialty contractors of the plant projects. The results of this study would be widely used as a guide for efficient and effective management of overseas gas plant projects.

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QUANTITATIVE ANALYSIS FOR THE RISK MANAGEMENT OF A SUPER-HIGHRISE RESIDENCE

  • Shuzo Furusaka;Takashi Kaneta;Makoto Ohsaki;Kazunori Harada;Yasuhiro Orita;Sohsuke Arai;And Norikazu Katoh
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.748-753
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    • 2005
  • In a super-highrise residence project, a project manager needs to form the long-term risk management plan which covers the problems from the beginning of project to the time of demolition. The cause and responsibility for a risk are clarified and quantitatively evaluated through the life cycle of a project. Development of the system which supports a risk strategy effectively is needed as a project becomes complex. In this paper, through the life cycle of a specific super-highrise residence project, a risk phenomenon is specified from a viewpoint of each participant, and the mathematical model is formulated choosing the combination of the optimal strategy against a risk quantitatively within a fixed risk strategy budget.

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Income and Consumption Expenditure Patterns of Urban Salary and Wage Earner's Household over the Family Life Cycle (도시 근로자가계의 가족생활주기에 따른 소득 및 소비지출 구조 분석)

  • Chun, Hyun-Jin;Lee, Yon-Suk
    • Journal of Family Resource Management and Policy Review
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    • v.11 no.1
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    • pp.65-81
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    • 2007
  • The purpose of this study is to analyze income and consumption expenditure patterns over the family life cycle. The data used in this study is the 2004 Survey data from the Annual Report on the Family Income and Expenditure Survey data which are included salary and wage earners' households living in urban areas. The income and expenditure data of 20,383 households are analyzed. The family life cycle is classified into six stages and the items of expenditure are classified into 12 categories. The data are analyzed by descriptive statistics, $X^2$ test, F-test, and Duncan's multiple range test using SAS 8.0 package program. The major findings of this study are as fellows: First, the average monthly family income of the total sample is 3,480,000 won. The proportion of regular and irregular income among the total family income is 95.5% and 4.5% respectively. Second, the amount and ratio of monthly regular income fur each category are significantly different over the family life cycle. Third, the average monthly family expenditure of the total sample is 2,250,000 won. The amount and ratio of monthly expenditure of all items are significantly different over the family life cycle. The highest expenditure item is the traffic expanse and phone charge.

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INTEGRATED LIFE-CYCLE COST ANALYSIS CONSIDERING ENVIRONMENTAL COSTS: A HIGHWAY PROJECT CASE

  • Woo-Sik Jang;Heedae Park;Sungmin Kim;Seung Heon Han;Jong Seo Jeon
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.273-279
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    • 2011
  • Concerns over the environment have spawned a number of research studies in the construction industry, as the construction of built environments and large infrastructures involves diverse environmental impacts and loads of hazardous emissions. Many researchers have attempted to quantify these environmental loads, including greenhouse gases, carbon dioxide, nitrogen dioxide, and sulfur dioxide, to name a few. However, little research has been conducted regarding integrating the life-cycle assessment (LCA) of environmental loads with the current life-cycle cost analysis (LCCA) approach. This study aims to estimate the environmental loads as a monetary value using the European Climate Exchange (ECX) rate and, then, to integrate those impacts with the pure construction cost. Toward this end, this study suggests an integrated approach that takes into account the environmental effect on the evaluation of the life-cycle cost (LCC). The bill of quantity (BOQ) data of a real highway project are collected and analyzed for this purpose. As a result, considering the environmental loads in the pavement process, the total LCC increased 16% from the traditional LCC cost. This study suggests an integrated approach that will account the environmental effect on the LCC. Additionally, this study is expected to contribute to better decision-making, from the perspective of more sustainable development, for government as well as for contractors.

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Life cycle determination of water distribution system using life cycle energy analysis (생애주기 에너지 분석을 이용한 상수관망의 생애주기 결정)

  • Lee, Seung-Yub;Yoo, Do-Guen;Kim, Joong-Hoon
    • Journal of Korean Society of Water and Wastewater
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    • v.29 no.1
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    • pp.11-21
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    • 2015
  • When designing Water Distribution System (WDS), determination of life cycle for WDS needs to be preceded. And designer should conduct comprehensive design including maintenance and management strategies based on the determined life cycle. However, there are only a few studies carried out until now, and criteria to determine life cycle of WDS are insufficient. Therefore, methodology to determine life cycle of WDS is introduced in this study by using Life Cycle Energy Analysis (LCEA). LCEA adapts energy as an environmental impact criterion and calculates all required energy through the whole life cycle. The model is build up based on the LCEA methodology and model itself can simulate the aging and breakage of pipes through the target life cycle. In addition the hydraulic analysis program EPANET2.0 is linked to developed model to analyze hydraulic factors. Developed model is applied to two WDSs which are A WDS and B WDS. Model runs for 1yr to maximum 100yr target life cycle for both WDSs to check the energy tendency as well as to determine optimal life cycle. Results show that 40yr and 54yr as optimal life cycle for each WDS, and tendency shows the effective energy is keep changing according to the target life cycle. Introduced methodology is expected to use as an alternative option for determining life cycle of WDS.