• Title/Summary/Keyword: Product Life-cycle Management

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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.

A Study on Algorithm of Life Cycle Cost for Improving Reliability in Product Design (제품설계 신뢰성 제고를 위한 LCC의 알고리즘 연구)

  • Kim Dong-Kwan;Jung Soo-Il
    • Journal of the Korea Safety Management & Science
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    • v.7 no.5
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    • pp.155-174
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    • 2005
  • Parametric life-cycle cost(LCC) models have been integrated with traditional design tools, and used in prior work to demonstrate the rapid solution of holistic, analytical tradeoffs between detailed design variations. During early designs stages there may be competing concepts with dramatic differences. Additionally, detailed information is scarce, and decisions must be models. for a diverse range of concepts, and the lack of detailed information make the integration make the integration of traditional LCC models impractical. This paper explores an approximate method for providing preliminary life-cycle cost. Learning algorithms trained using the known characteristics of existing products be approximated quickly during conceptual design without the overhead of defining new models. Artificial neural networks are trained to generalize on product attributes and life cycle cost date from pre-existing LCC studies. The Product attribute data to quickly obtain and LCC for a new and then an application is provided. In additions, the statistical method, called regression analysis, is suggested to predict the LCC. Tests have shown it is possible to predict the life cycle cost, and the comparison results between a learning LCC model and a regression analysis is also shown

Analyses of Expert Group on the 4th Industrial Revolution: The Perspective of Product Lifecycle Management (4차 산업혁명에 관한 전문가그룹 분석: 제품수명주기관리의 관점에서)

  • Wongeun Oh;Injai Kim
    • Journal of Service Research and Studies
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    • v.10 no.4
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    • pp.89-100
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    • 2020
  • The smart factory is an important axis of the 4th industrial revolution. Smart factory is a system that induces the maximum efficiency and effectiveness of production using the IoT and intelligent sensing systems. The product lifecycle management technique is a method that can actively reflect the consumer's requirements in the smart factory and manage the entire process from the consumer to the post management. There have been many studies on product lifecycle management, but studies on how to organize product lifecycle management knowledge domains in preparation for the era of the 4th industrial revolution were insufficient. This study analyzed the opinions of a group of experts preparing for the 4th industrial revolution in terms of product lifecycle management. The impact of the 4th industrial revolution on the detailed knowledge areas of product lifecycle management was investigated. The changes in product lifecycle management were summarized using a qualitative data analysis technique for a group of experts. Based on the opinions of experts, the product lifecycle management, which consists of a total of 30 detailed knowledge areas, was prepared to supplement or prepare for the 4th industrial revolution. This study investigates changes in product lifecycle management in preparation for the 4th industrial revolution in the knowledge domain of the existing defined product life cycle management. In future research, it is necessary to redefine the knowledge domain of product life cycle management suitable for the era of the 4th industrial revolution and investigate the perception of experts. Considering the social culture and technological change factors of the 4th industrial revolution, the scope and scope of product life cycle management can be newly defined.

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.

Process Model for Construction Project Life-cycle Management System (CPLM 구축을 위한 프로세스 모델 구축)

  • Song, Jae-Hong;Yoon, Su-Won;Shin, Tae-Hong;Chin, Sang-Yoon;Choi, Cheol-Ho
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.277-282
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    • 2007
  • Construction process works in sequence order and there are many different software for managing project and activity. So, there are many limitations such as in the stage of activity data loss can occur, in each stage concurrent cannot operate in construction industry. In order to solve these problem, agents have to cooperate each other and they need to share of data. Therefore, the purpose of this paper is to develop a process model and the process model will be use in the future to make Construction Project Life-Cycle Management based on concept of PLM(Product Life cycle Management) in the manufacturing industry, CE(Concurrent Engineering) and BlM(Building Information Modeling)

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Prediction of Product Life Cycle Using Data Mining Algorithms : A Case Study of Clothing Industry (데이터마이닝 알고리즘을 이용한 제품수명주기 예측 : 의류산업 적용사례)

  • Lee, Seulki;Kang, Ji Hoon;Lee, Hankyu;Joo, Tae Woo;Oh, Shawn;Park, Sungwook;Kim, Seoung Bum
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.3
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    • pp.291-298
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    • 2014
  • Demand forecasting plays a key role in overall business activities such as production planning, distribution management, and inventory management. Especially, for a fast-changing environment of the clothing industry, logical forecasting techniques are required. In this study, we propose a procedure to predict product life cycle using data mining algorithms. The proposed procedure involves three steps : extracting key variables from profiles, clustering, and classification. The effectiveness and applicability of the proposed procedure were demonstrated through a real data from a leading clothing company in Korea.

A Web Based Training Service for Product Data Management (웹 기반 제품정보관리 교육 서비스)

  • Do N. C.
    • Korean Journal of Computational Design and Engineering
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    • v.9 no.3
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    • pp.260-265
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    • 2004
  • This paper proposed a Web-based training service for product data management by supporting an integrated product data management system, various technical documents. and efficient communication systems. It also supports a general product development process and a consistent product data model that enable participants to experience management of consistent product information during the product development life cycle. The Web based environment of the service also provides participants with a collaborative workplace with other participants and a Web portal for all the components of the service.

A Life Cycle Model for Computer Integrated Manufacturing Systems (컴퓨터통합제조시스템을 위한 수명주기 모형)

  • 이대주
    • Journal of the Korean Operations Research and Management Science Society
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    • v.21 no.3
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    • pp.127-141
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    • 1996
  • In this paper, we propose a 7-phase life cycle model which applies to Computer Integrated Manufacturing systems. The model emphasizes product design and manufacturing design activities of CIM to secure the critical success factors of CIM systems such as high quality, adaptability, productivity, and flexibility. It is argued that the product design aspect would be divided into three phases-conceptual design, embodiment design, and detialed design. The conceptual design phase is to build a conceptual model of the product based on requirements and specifications which reflect "the voice of the customer". THe embodiment design phase utilizes specific design tools such as DFM, CAE, and CAD, and results in a concrete model of the product and parts. The detailed design phase is to crete a working prototype of the product and design tools such as DFA. CAD and CAM are employed in this phase. The output of the product design activity is to be the input for the manufacturing design activity. Using the proposed model, one can effectively and efficiently manufacture a high-quality, low-cost product with short delivery time, and above all achieve customer'ssatisfaction.isfaction.

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Developing an Introductory Training Course to PLM (PLM 입문을 위한 교육과정 개발)

  • Do, Namchul
    • Korean Journal of Computational Design and Engineering
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    • v.18 no.1
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    • pp.28-35
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    • 2013
  • Product Life cycle Management (PLM) is an indispensable tool for manufactures to develop competitive products in an efficient way. This enlarges the number of participants for product development who should understand PLM for their supporting activities. However, burdens for developing example products, maintaining complex PLM systems and training prerequisite skills for engineering tools such as CAD systems prohibit an efficient introductory course to PLM. This paper proposes a comprehensive introductory course to PLM that bases on general product development process. In addition, it enables participants to build their example products with familiar Lego blocks and to construct 3D CAD assembly models by using predefined 3D elements. The PLM system for the course provides an intuitive and simple user environment for participants to specify their parts lists, associated 3D CAD models, and product structure of example products. Experiences on a class of the course show it is a valid and efficient education and training method for the PLM introduction.