• Title/Summary/Keyword: Product Life Cycle Management

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Database Modeling for Environmental Product Life Cycle Management (환경영향을 고려한 제품 전 주기 관리 데이터 모델링)

  • 황오현;강무진
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2001.04a
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    • pp.358-362
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    • 2001
  • Environmental Product Life Cycle Management is an activity for defining and describing the product, process of activity environmentally. The activity involves the full life cycle stages of the product; evaluating environmental releases at each stage, determining the aggregate and specific impacts of the releases, developing opportunities to effect environmental improvements. This paper presents a methodological approach for database modeling to build Product Life Cycle Management system and show a set of database modeling. Additionally, a key issue for database is the quality of the provided information.

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Management of Product Life Cycle Data for Environmental Design (환경친화적 설계를 위한 제품 전주기 데이터 관리)

  • 황오현;강무진;이화조;최병욱
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 1997.10a
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    • pp.115-120
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    • 1997
  • Environmental Product Life Cycle Management is an activity for defining and describing the product, process or activity environmentally. Especially, the main responsibility for the environmental impact of products lies in the design phase of product. Designers cany a heavy responsibility to determine technical, economic and ecological properties of the product. So in order to help designers, structured understanding and application of treating large amount of data and infonnation should be considered. This paper presents a methodological approach for decision supporting to build Product Life Cycle Management system and show a set of database modeling. Additionally, a key issue for databases is the quality of the provided information.

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Analyses of the Application of the Knowledge Domain of Product Lifecycle Management: The Perspective of the 4th Industrial Revolution (4차 산업혁명의 관점에서 제품수명주기관리의 지식영역 적용도 분석)

  • Heo, Kwangho;Lee, Youmi;Yoo, Young-Jin;Kim, Jin-hoi;Oh, You-Sang;Kim, Injai
    • Knowledge Management Research
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    • v.22 no.2
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    • pp.209-225
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    • 2021
  • Product Lifecycle Management is a well-defined management method consisting of 8 knowledge areas. Since the 4th industrial revolution is closely related to smart factories, the importance of product lifecycle management, which effectively manages the entire process from product idea generation to disposal, is emerging. This study analyzed the current and future applications of the knowledge domain of product life cycle management from the perspective of the 4th industrial revolution for experts in the field of product life cycle management. The expert's perception was analyzed from the current point of view and the future point of view to see how the product life cycle management knowledge area is applied in the field. The current and future application degree of the knowledge domain of product life cycle management was analyzed, and whether there was a difference between the knowledge domains in terms of the level of application was analyzed. Based on the analyzed results, its meaning and future flow are presented.

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.

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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Ontology-Based Knowledge Framework for Product Life cycle Management (PLM 지원을 위한 온톨로지 기반 지식 프레임워크)

  • Lee Jae-Hyun;Suh Hyo-Won
    • Journal of the Korean Society for Precision Engineering
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    • v.23 no.3 s.180
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    • pp.22-31
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    • 2006
  • This paper introduces an approach to an ontology-based knowledge framework for product life cycle management (PLM). Participants in a product life cycle want to share comprehensive product knowledge without any ambiguity and heterogeneity. However, previous knowledge management approaches are limited in providing those aspects. Therefore, we suggest an ontology-based knowledge framework including knowledge maps, axioms and specific knowledge far domain. The bottom level, the axiom, specifies the semantics of concepts and relations of knowledge so that ambiguity of the semantics can be alleviated. The middle level is a product development knowledge map; it defines the concepts and the relations of the product domain common knowledge and guides engineers to process their engineering decisions. The middle level is then classified further into more detailed levels, such as generic product level, specific product level, product version level, and product item level for PLM. The top level is specialized knowledge fer a specific domain that gives the solution of a specific task or problem. It is classified into three knowledge types: expert knowledge, engineering function knowledge, and data-analysis-based knowledge. This proposed framework is based on ontology to accommodate a comprehensive range of unambiguous knowledge for PLM and is represented with first-order logic to maintain a uniform representation.

An Extension of Product Data Model for Calculating Product-level Carbon Footprint (제품수준 탄소배출이력 계산을 위한 제품자료모델 확장)

  • Do, Nam-Chui
    • Korean Journal of Computational Design and Engineering
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    • v.16 no.4
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    • pp.268-276
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    • 2011
  • The product-level carbon footprint (PCF) is a comprehensive and widely accepted metric for sustainable product development. However, since a full PCF study in general is time and cost intensive, it is not feasible for the product development team to synchronize the activity to the main product development process. In addition, the current dedicated life cycle assessment (LCA) tools for calculating PCF, separated from the main product data management systems, have limitations to provide timely PCF information for design decision makings and collaborations between design and environment engineers. This paper examines the possibility of the extension of the current product data model that can support the PCF calculation with PDM (Product Data Management) databases. The product data model can represent not only the content of products but also context or system information of the products. The product data model can be implemented as a PDM database that can satisfy the needs for handy and timely PCF calculations from the consistent product data for dynamic design decision makings and engineering collaborations.

Modeling and Evaluating Inventory Replenishment for Short Life-cycle Products

  • Wang, Ching-Ho;Lint, Shih-Wei;Chou, Shuo-Yan;Tsai, Chun-Hsiang
    • 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.