Abstract
Introduction & Objective: This paper describes the practical usage of the EUROPE (Efficient Use of Resources for Optimal Production Economy) model based on the equality principle to improve the resource efficiency of production units. Methodology: The EUROPE model is a tool to monitor, manage and evaluate how the economic, technological and environmental performance of a firm or other production unit changes over time. Results & Discussion: A manual for daily use was provided to industrial managers and practical operators in a municipal solid waste firm. The company was able to improve its economic, environmental and technological standards by employing the EUROPE model, which combines relevant aspects of all three standards in a single key performance indicator. The method involves allocating shadow costs to residuals and the technique is demonstrated in the case of a medium-sized Swedish municipal solid waste management firm. Conclusion: The case study indicates that the manual accompanying the model is useful for companies applying the model to industrial activities and solid waste management schemes.
Highlights
Introduction & Objective: This paper describes the practical usage of the EUROPE (Efficient Use of Resources for Optimal Production Economy) model based on the equality principle to improve the resource efficiency of production units
The case study indicates that the manual accompanying the model is useful for companies applying the model to industrial activities and solid waste management schemes
The main hypothesis in this paper is that the resource efficiency of production units can be enhanced by applying the EUROPE (Efficient Use of Resources for Optimal Production Economy) model [1 - 5]
Summary
This paper describes the practical usage of the EUROPE (Efficient Use of Resources for Optimal Production Economy) model based on the equality principle to improve the resource efficiency of production units. The main hypothesis in this paper is that the resource efficiency of production units can be enhanced by applying the EUROPE (Efficient Use of Resources for Optimal Production Economy) model [1 - 5]. The main goal is to facilitate the daily use of the EUROPE model by managers and practical operators. Medium-sized Municipal Solid Waste (MSW) management firms were chosen as the object of a case study for two main reasons; first, there are good data available on waste management companies and second, these companies offer an environmentally friendly alternative to incineration. The case study concerns the application of the EUROPE model to industrial activities and Solid Waste Management (SWM) schemes.
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