EBK OM
EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 1, Problem 12PA
Summary Introduction

Interpretation: New ways to apply sustainabilty in college.

Concept Introduction: Sustainability refers to the consumption of resources today without compromising the needs of future generations. This is done to maintain ecological balance.

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The 3Rs of sustainability are:a) reputation, reuse, reduce.b) reputation, recycle, reuse.c) reputation, reverse logistics, renewal.d) reuse, reduce, recycle.e) recycle, review, reuse
Value Chain; Sustainability One way the value chain can be helpful is to provide a basis for acompany to determine the full cost of its product or service over the entire value chain. Often companies tend to focus only on manufacturing costs and ignore the upstream (design, testing, etc.) anddownstream (marketing, distribution, etc.) costs of the product or service. Full value-chain analysisof this type is useful to the consumer as well as the manufacturer. For example, a product might beinexpensive to buy, but the operating costs may be higher than expected. Consider for example thecase of a company, CleanTech, which provides a cleaning service to owners of large storage tanksthat often contain hazardous liquids such as fuel oil or toxic chemicals. CleanTech is considering thepurchase of a new system for cleaning tanks that is somewhat more expensive than its current equipment, but one which could reduce both operating costs and the amount of environmentally harmfulwaste product that…
State the meaning of sustainability under design of goods and services in operations ?
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