DocumentCode
2856257
Title
Agent-based simulation of economic sustainability in waste-to-material recovery
Author
Yang, Q.Z. ; Sheng, Y.Z. ; Shen, Z.Q.
Author_Institution
Singapore Inst. of Manuf. Technol., Singapore, Singapore
fYear
2011
fDate
6-9 Dec. 2011
Firstpage
1150
Lastpage
1154
Abstract
This paper presents an agent-based approach to the economic sustainability evaluation of adopting competitive recycling technologies in waste-to-material recovery. The emphasis is put on the development of economic sustainability metrics for this evaluation and on the software implementation of an agent system to evaluate sustainability by using these metrics as agent simulation models. A set of model-driven sustainability metrics were defined to quantify the economic impact of technical innovations in waste management. A software agent was designed and implemented for simulating process scenarios to consistently evaluate the economic sustainability of different waste-to-material recovery systems. Using the sustainability metrics and the agent developed, a case study was conducted. Two recovery processes were evaluated and compared for their economic sustainability, measured in unit cost, share of cost of materials, process efficiency, in-process recycling rate and economic efficiency.
Keywords
costing; industrial economics; industrial waste; innovation management; recycling; software agents; sustainable development; waste recovery; agent-based simulation; competitive recycling technology; cost of materials; economic efficiency; economic impact; economic sustainability evaluation; economic sustainability metrics; in-process recycling rate; process efficiency; process scenario simulation; software agent; technical innovation; unit cost; waste management; waste-to-material recovery; Biological system modeling; Economics; Materials; Measurement; Metals; Production; Recycling; Economic sustainability; agent-based simulation; sustainability metrics; waste-to-material recovery;
fLanguage
English
Publisher
ieee
Conference_Titel
Industrial Engineering and Engineering Management (IEEM), 2011 IEEE International Conference on
Conference_Location
Singapore
ISSN
2157-3611
Print_ISBN
978-1-4577-0740-7
Electronic_ISBN
2157-3611
Type
conf
DOI
10.1109/IEEM.2011.6118095
Filename
6118095
Link To Document