Knowledge Base Repository
In addition to research papers, the Design Society is developing several valuable resources for those interested in the study of design. These include a repository of PhD theses, a library of case studies and transcripts of design activities, and an archive of our newsletters. Please note that these resources are accessible exclusively to Design Society members.
MODELLING TIME-VARYING VALUE OF AN END-OF-LIFE PRODUCT FOR DESIGN FOR RECOVERY
Kwak, Minjung; Kim, Harrison
Type:
Year:
2011
Editor:
Culley, S.J.; Hicks, B.J.; McAloone, T.C.; Howard, T.J. & Malmqvist, J.
Author:
Series:
ICED
Section:
Design for X, Design to X
Page(s):
70-80
Abstract:
Estimating residual value of an end-of-life product is an essential preliminary to design for recovery. This paper presents a quantitative model for estimating time-varying value of an end-of-life product. The model estimates the expected economic value of a product by considering two major depreciation factors, physical deterioration and technological obsolescence. The developed model is illustrated with an example of desktop computer and potential applications to design for recovery are presented. The model can contribute to enhancing the residual value of a product and/or improving the way of retrieving the residual value. It can also assist the recovery system design, such as product take-back planning and recovery strategy planning.
Keywords:
