• Title/Summary/Keyword: industry life cycle

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Analysis of the Corporate Life Cycle using the Gompertz Model Focused on Korean Pharmaceutical Longevity Companies

  • Kyu-Jin, CHOI;Kang-Sun, LEE;Sung-Wook, KANG;Dae-Myeong, CHO
    • The Journal of Economics, Marketing and Management
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    • v.11 no.1
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    • pp.31-44
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    • 2023
  • Purpose: This study aims to figure out the characteristics of corporate life cycle and resource input in terms of the sustainability diagnosis of pharmaceutical companies in Korea. Research design, data, and methodology: Using the Gompertz model under the assumption that companies have finite resources, this study tries quantitative interpretation of life cycle and resource input pattern for longevity companies with 25 years of experience among 158 pharmaceutical companies listed on Korean stock market based on maturity of revenue. Results: The study found revenue maturity through Gompertz model was statistically correlated with enterprise value. According to the life cycle analysis, more than 95% of 59 pharmaceutical companies were in the growth and maturity phase and have an average life cycle of 88 years and an average remaining life of 52 years. Regarding maturity profile of resource input, maturity of employees was generally high more than 60% and this meant there was jobless growth in Korean pharmaceutical industry. Conclusion: This study demonstrated there is a high statistical correlation between the maturity of a company's resource input and its revenue and enterprise value. It is believed that these results could be utilized as a basis for high fidelity function that predict revenue and enterprise value based on resource input information.

Application of Life Cycle Assessment for Cleaner Production of Paper Products (종이제품의 청정생산을 위한 LCA기법의 적용)

  • Hwang, Yong-Woo;Jo, Byoung-Muk;Kim, Hyoung-Jin;Park, Kwang-Ho
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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    • 2002.11a
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    • pp.228-233
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    • 2002
  • In this study, Life Cycle Assessment method has been carried out the Corrugated board box in considering environmental aspects by quantifying the environmental emission and assessing its environmental impact potential. The system boundary in this study is selected from cradle to gate stage(raw material acquisition, raw material production and product manufacturing) of the paper product. To evaluate the environmental impact potential, impact categories are divided into 8 categories. As a results, abiotic resource depletion of the impact categories has the largest contribution to the total impact potential as 31.02% of total, Next were continued ecotoxicity having a contribution of 27.17%. In the life cycle, environmental impacts from law material production stage were contributed largely as 80.78%.

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Diffusion Model을 활용한 온라인 게임 간 수요 확산패턴 연구

  • Choe, Jeong-Uk
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2006.11a
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    • pp.17-22
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    • 2006
  • Online game industry is one of the most value added industry and continues to grow rapidly nowadays. This paper classifies the diffusion patterns of online games according to online game genre, estimates coefficients of innovation and imitation using Bass model, extracts the Bass-based adoption life cycle model which reflects the properties of each game, and then analyzes the diffusion pattern of each game. Through the research on the diffusion pattern of online games, if we can identify the characteristics of changing market and consumers in accordance with the product life cycle, we will provide the implications to the marketing strategy, which have to change at every stage of adoption life cycle, not to mention to investment plan.

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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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Exploring Capabilities of BIM Tools for Housing Refurbishment in the UK

  • Kim, Ki Pyung;Park, Kenneth S
    • Journal of KIBIM
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    • v.6 no.4
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    • pp.9-17
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    • 2016
  • Currently whole-house refurbishment for substantial energy efficiency improvement of existing housing stock is needed to achieve the targeted 80% CO2 emission reduction. As whole-house refurbishment requires a larger capital investment for lower CO2 emission, the simultaneous use of Life Cycle Costing (LCC) and Life Cycle Assessment (LCA) methodologies are recommended to generate affordable refurbishment solutions. However, two methodologies are difficult to use due to a lack of proper LCC and LCA datasets. As a response to the current problems, many researchers explore potentials in Building Information Modelling (BIM) to improve current construction practice. As a result, a BIM tool - IES IMPACT (Integrated Material Profile And Costing Tool) - has been introduced to the UK construction industry for simultaneous calculation of LCC and LCA. Thus, this research aims at examining the capability and limitation of the IES VE/IMPACT as a BIM tool for whole-house refurbishment. This research reveals that the IES VE/IMPACT is feasible for whole-house refurbishment by providing LCC and LCA information simultaneously for informed decision on refurbishment solution selection. This research shed lights on the current problems lying on the data exchange between two different BIM tools. It is revealed that additional efforts from construction professionals and industry are required to make reliable BIM objects library with LCC and LCA datasets.

A Study of the Maintenance information DB document Template for the Life Cycle Cost Calculation of the Railroad vehicle (철도차량 수명주기비용 계산을 위한 유지보수정보 DB 템플릿에 관한 연구)

  • Kim, Jae-Hoon;Shim, Yeo-Wool;Park, Jun-Seo;Jun, Hyun-Kyu;Kim, Jong-Woon
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1097-1104
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the unique templates of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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A Study of the Maintenance cost model for the Life Cycle Cost Calculation of the Railroad Vehicle (철도차량 수명유지비용 계산을 위한 유지보수 비용모델 연구)

  • Kim, Jae-Hoon;Jun, Hyun-Kyu;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.567-573
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the cost model of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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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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MODEL-BASED LIFE CYCLE COST AND ASSESSMENT TOOL FOR SUSTAINABLE BUILDING DESIGN DECISION

  • Iris X. Han;W. Zhou;Llewellyn C.M. Tang
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.311-317
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    • 2011
  • There is a growing concern in reducing greenhouse gas emissions all over the world. The U.K. has set 34% target reduction of emission before 2020 and 80% before 2050 compared to 1990 recently in Post Copenhagen Report on Climate Change. In practise, Life Cycle Cost (LCC) and Life Cycle Assessment (LCA) tools have been introduced to construction industry in order to achieve this such as. However, there is clear a disconnection between costs and environmental impacts over the life cycle of a built asset when using these two tools. Besides, the changes in Information and Communication Technologies (ICTs) lead to a change in the way information is represented, in particular, information is being fed more easily and distributed more quickly to different stakeholders by the use of tool such as the Building Information Modelling (BIM), with little consideration on incorporating LCC and LCA and their maximised usage within the BIM environment. The aim of this paper is to propose the development of a model-based LCC and LCA tool in order to provide sustainable building design decisions for clients, architects and quantity surveyors, by then an optimal investment decision can be made by studying the trade-off between costs and environmental impacts. An application framework is also proposed finally as the future work that shows how the proposed model can be incorporated into the BIM environment in practise.

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Application of Life Cycle Assessment into the Apartment Housing and Calculation of the Energy Consumption and $CO_2$ Emission (전과정평가를 이용한 공동주택의 에너지소비량과 이산화탄소 배출량 산정)

  • Jung, Bo-Ra;Lee, Ha-Shik;Choi, Young-Oh;Lee, Kang-Hee
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2008.04a
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    • pp.235-240
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    • 2008
  • The environment has played a key role to improve the living condition and develop the industry. In building industries, we should consider the environment and mitigate the environmental affect. For mitigating the its affect, various areas of building technology have been developed and applied into filed work. In addition, the process in applying into field requires to conduct the assessment of the environmental affect and improve its applied technology. A lot of assessment methods are proposed in evaluate the building condition such as post-occupancy evaluation, life cycle management and life cycle assessment. Among these assessment methods, life cycle assessment is effectively utilized the environmental affect in building life cycle. Therefore, this paper aimed at analyzing the energy consumption and $CO_2$ emission in building life cycle, using the life cycle assessment and application of the example in apartment housing. This study shows that the maintenance and the production of building materials stage shares most of the amount of energy consumption and $CO_2$ emission and therefore plays an important role to planning the building in terms of the life cycle. Second, the other stages brings about a very small amount. It is important to decide the building shape and contents to mitigate the environmental affect in terms of material, volume, the pattern of the energy use and others.

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