An evaluation model for introducing the RVM effect for plastic bottle recycling firms

Hiroto Suzuki, Makoto Goto, Takahiro Ohno

    研究成果: Article

    抄録

    Recently, plastic bottle recycling firms in Japan are faced with the problem of instability in the procurement volumes of used plastic bottles during the bidding. On the other hand, there are many cases where used plastic bottles are collected using the reverse vending machine (RVM). Used plastic bottles that have been collected by RVMs are sent directly to recycling firms and recycled by the recycling firms. Therefore, RVMs provide more stable volumes when procuring used plastic bottles, and this process is more profitable for recycling firms as compared to the bidding process. We propose an evaluation model for introducing the RVM effect for plastic bottle recycling firms. At first, we construct a decision model for the bidding volume of the recycling firm, which incorporates three uncertainties the firm is facing. Then, we calculate the effect of introducing RVMs using the difference between values with/without RVMs. We show that there is a higher uncertainty for procurement volume when using the bidding process than there is if RVMs are introduced. As a result, we provide effective strategies for decision making regarding the procurement of RVMs.

    元の言語English
    ページ(範囲)287-299
    ページ数13
    ジャーナルJournal of Japan Industrial Management Association
    66
    発行部数3
    出版物ステータスPublished - 2015

    Fingerprint

    Vending machines
    Plastic bottles
    Recycling
    Evaluation Model
    Reverse
    Plastics
    Bidding
    Uncertainty
    Decision Model
    Business
    Evaluation model
    Japan
    Decision making
    Decision Making
    Calculate

    ASJC Scopus subject areas

    • Industrial and Manufacturing Engineering
    • Applied Mathematics
    • Management Science and Operations Research
    • Strategy and Management

    これを引用

    @article{e955474baaec4239a2b80c6d10b204b7,
    title = "An evaluation model for introducing the RVM effect for plastic bottle recycling firms",
    abstract = "Recently, plastic bottle recycling firms in Japan are faced with the problem of instability in the procurement volumes of used plastic bottles during the bidding. On the other hand, there are many cases where used plastic bottles are collected using the reverse vending machine (RVM). Used plastic bottles that have been collected by RVMs are sent directly to recycling firms and recycled by the recycling firms. Therefore, RVMs provide more stable volumes when procuring used plastic bottles, and this process is more profitable for recycling firms as compared to the bidding process. We propose an evaluation model for introducing the RVM effect for plastic bottle recycling firms. At first, we construct a decision model for the bidding volume of the recycling firm, which incorporates three uncertainties the firm is facing. Then, we calculate the effect of introducing RVMs using the difference between values with/without RVMs. We show that there is a higher uncertainty for procurement volume when using the bidding process than there is if RVMs are introduced. As a result, we provide effective strategies for decision making regarding the procurement of RVMs.",
    keywords = "Decision, Evaluation, Plastc bottle, Recycle, Uncertainty",
    author = "Hiroto Suzuki and Makoto Goto and Takahiro Ohno",
    year = "2015",
    language = "English",
    volume = "66",
    pages = "287--299",
    journal = "Journal of Japan Industrial Management Association",
    issn = "0386-4812",
    publisher = "Nihon Keikei Kogakkai",
    number = "3",

    }

    TY - JOUR

    T1 - An evaluation model for introducing the RVM effect for plastic bottle recycling firms

    AU - Suzuki, Hiroto

    AU - Goto, Makoto

    AU - Ohno, Takahiro

    PY - 2015

    Y1 - 2015

    N2 - Recently, plastic bottle recycling firms in Japan are faced with the problem of instability in the procurement volumes of used plastic bottles during the bidding. On the other hand, there are many cases where used plastic bottles are collected using the reverse vending machine (RVM). Used plastic bottles that have been collected by RVMs are sent directly to recycling firms and recycled by the recycling firms. Therefore, RVMs provide more stable volumes when procuring used plastic bottles, and this process is more profitable for recycling firms as compared to the bidding process. We propose an evaluation model for introducing the RVM effect for plastic bottle recycling firms. At first, we construct a decision model for the bidding volume of the recycling firm, which incorporates three uncertainties the firm is facing. Then, we calculate the effect of introducing RVMs using the difference between values with/without RVMs. We show that there is a higher uncertainty for procurement volume when using the bidding process than there is if RVMs are introduced. As a result, we provide effective strategies for decision making regarding the procurement of RVMs.

    AB - Recently, plastic bottle recycling firms in Japan are faced with the problem of instability in the procurement volumes of used plastic bottles during the bidding. On the other hand, there are many cases where used plastic bottles are collected using the reverse vending machine (RVM). Used plastic bottles that have been collected by RVMs are sent directly to recycling firms and recycled by the recycling firms. Therefore, RVMs provide more stable volumes when procuring used plastic bottles, and this process is more profitable for recycling firms as compared to the bidding process. We propose an evaluation model for introducing the RVM effect for plastic bottle recycling firms. At first, we construct a decision model for the bidding volume of the recycling firm, which incorporates three uncertainties the firm is facing. Then, we calculate the effect of introducing RVMs using the difference between values with/without RVMs. We show that there is a higher uncertainty for procurement volume when using the bidding process than there is if RVMs are introduced. As a result, we provide effective strategies for decision making regarding the procurement of RVMs.

    KW - Decision

    KW - Evaluation

    KW - Plastc bottle

    KW - Recycle

    KW - Uncertainty

    UR - http://www.scopus.com/inward/record.url?scp=84946030651&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=84946030651&partnerID=8YFLogxK

    M3 - Article

    AN - SCOPUS:84946030651

    VL - 66

    SP - 287

    EP - 299

    JO - Journal of Japan Industrial Management Association

    JF - Journal of Japan Industrial Management Association

    SN - 0386-4812

    IS - 3

    ER -