Application of computer simulation to economically justify the design of a life-cycle approach

Abstract

Take back legislation is increasingly placing responsibility for product End Of Life (EOL) on the manufacturer who produced the product originally. In view of this, companies are beginning to design products that are recyclable in order to reduce the costs of landfill disposal. Some innovative companies are also taking back EOL products to their financial advantage. This article illustrates how a particular company evaluated the economic impact of taking back products at the EOL

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