Circular Economy in Economics
Added on 2023-01-11
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Economics
Circular Economy
Name
Institution
Circular Economy
Name
Institution
Economics
Contents
1. INTRODUCTION....................................................................................................... 3
II. DESCRIPTION OF PARTS AND APPLICATION OF CIRCULAR ECONOMY CONCEPTS. . .3
Motorcycle product life extension design................................................................3
Design for maintenance.......................................................................................... 3
Design for recycling................................................................................................ 4
Design for disassembly........................................................................................... 4
III. DESCRIPTION OF FUTURE INDUSTRIAL SYSTEM AND LIFE-CYCLE STAGES.............5
Disassembly............................................................................................................ 5
3D Printing.............................................................................................................. 5
Robotic Companion................................................................................................. 6
Maintenance............................................................................................................ 6
Remake................................................................................................................... 6
Recycling................................................................................................................. 7
IV. DESCRIPTIONS OF SHORT AND LONGTERM STEPS POLICIES AND STANDARDS....9
Policies for repair, reuse and manufacturing.........................................................10
Reparability and durability policies.......................................................................10
Remanufacturing policies...................................................................................... 11
Energy labelling and eco-design........................................................................... 12
Harmonized standards.......................................................................................... 12
References............................................................................................................... 13
Appendix.................................................................................................................. 14
Contents
1. INTRODUCTION....................................................................................................... 3
II. DESCRIPTION OF PARTS AND APPLICATION OF CIRCULAR ECONOMY CONCEPTS. . .3
Motorcycle product life extension design................................................................3
Design for maintenance.......................................................................................... 3
Design for recycling................................................................................................ 4
Design for disassembly........................................................................................... 4
III. DESCRIPTION OF FUTURE INDUSTRIAL SYSTEM AND LIFE-CYCLE STAGES.............5
Disassembly............................................................................................................ 5
3D Printing.............................................................................................................. 5
Robotic Companion................................................................................................. 6
Maintenance............................................................................................................ 6
Remake................................................................................................................... 6
Recycling................................................................................................................. 7
IV. DESCRIPTIONS OF SHORT AND LONGTERM STEPS POLICIES AND STANDARDS....9
Policies for repair, reuse and manufacturing.........................................................10
Reparability and durability policies.......................................................................10
Remanufacturing policies...................................................................................... 11
Energy labelling and eco-design........................................................................... 12
Harmonized standards.......................................................................................... 12
References............................................................................................................... 13
Appendix.................................................................................................................. 14
Economics
1. INTRODUCTION
A circular economy is an economy that is generative and restorative by design that focusses on
keeping components, motorcycle parts and materials at their highest value and utility at every
time [1]. There are four characteristics of a circular economy. Firstly, the waste is “designed
out”. Waste is “designed out”. Motorcycle products are optimized and designed for reuse and
disassembly. Moreover, there can be carefully returned of biological material to the soil.
Secondly, a circular economy has a diversity that constructs strength. In a fast evolving and
uncertain world, the capability to adjust with altering conditions is crucial to succeeding.
Diversity can offer this flexibility [2]. Organizations require a range of skills and roles and
economies require a diverse range of business of various scales. Thirdly, a circular economy
utilizes sources of renewable energy that power the economy. Renewable sources of energy are
needed for an economy that is regenerative; this ensures an increased system resilience and
decreased resource dependence. Fourthly, the circular economy consists of think in systems.
Several elements in the real word, for instance, people, businesses or plants, are part of the
systems that are complex where diverse parts are greatly connected resulting in consequences
that are surprising. These consequences and links must be taken into consideration at all times so
that the economy can be managed well.
II. DESCRIPTION OF PARTS AND APPLICATION OF
CIRCULAR ECONOMY CONCEPTS
Motorcycle product life extension design
Life extension for the motorcycle product is aimed at maintaining the integrity of an item. It has
to suppress perceived reasons for obsolescence and stay as close to its original state over time.
Marcel den Hollander and Conny Bakker have established six strategies for the design that
ensure durable motorcycle products in an economy that is circular.by conducting new analyses of
long-lasting motorcycle products and companies and clustering results of existing research. The
design strategies can postpone or prevent identified obsolesce of a motorcycle product and
comprises: a design for motorcycle product Trust and Attachment, design for compatibility and
standardization, design for reassembly and disassembly and redesign for motorcycle product
durability and design for ease of repair and maintenance.
Design for maintenance
This design is also referred to as design for reparability or maintainability in literature. Gits
define maintenance as the “total activities required to retain the systems in, or restore them to the
state necessary for the fulfilment of the motorcycle production function.” The main aim of
design for maintenance is to make sure the motorcycle product that is designed can be put
revamped in its entire life cycle at without too many difficulties and at reasonable costs [3].
When designing electrical parts, researchers have created a basic principle to take into
consideration when doing this for the suitability of the circular economy. Essential factors in this
include interchangeability (and standardization) of parts, accessibility, isolation of failure and
straightforward failure diagnostics, ease of final adjustments (preferably compatible with robots
for removal) and safety of repairer.
1. INTRODUCTION
A circular economy is an economy that is generative and restorative by design that focusses on
keeping components, motorcycle parts and materials at their highest value and utility at every
time [1]. There are four characteristics of a circular economy. Firstly, the waste is “designed
out”. Waste is “designed out”. Motorcycle products are optimized and designed for reuse and
disassembly. Moreover, there can be carefully returned of biological material to the soil.
Secondly, a circular economy has a diversity that constructs strength. In a fast evolving and
uncertain world, the capability to adjust with altering conditions is crucial to succeeding.
Diversity can offer this flexibility [2]. Organizations require a range of skills and roles and
economies require a diverse range of business of various scales. Thirdly, a circular economy
utilizes sources of renewable energy that power the economy. Renewable sources of energy are
needed for an economy that is regenerative; this ensures an increased system resilience and
decreased resource dependence. Fourthly, the circular economy consists of think in systems.
Several elements in the real word, for instance, people, businesses or plants, are part of the
systems that are complex where diverse parts are greatly connected resulting in consequences
that are surprising. These consequences and links must be taken into consideration at all times so
that the economy can be managed well.
II. DESCRIPTION OF PARTS AND APPLICATION OF
CIRCULAR ECONOMY CONCEPTS
Motorcycle product life extension design
Life extension for the motorcycle product is aimed at maintaining the integrity of an item. It has
to suppress perceived reasons for obsolescence and stay as close to its original state over time.
Marcel den Hollander and Conny Bakker have established six strategies for the design that
ensure durable motorcycle products in an economy that is circular.by conducting new analyses of
long-lasting motorcycle products and companies and clustering results of existing research. The
design strategies can postpone or prevent identified obsolesce of a motorcycle product and
comprises: a design for motorcycle product Trust and Attachment, design for compatibility and
standardization, design for reassembly and disassembly and redesign for motorcycle product
durability and design for ease of repair and maintenance.
Design for maintenance
This design is also referred to as design for reparability or maintainability in literature. Gits
define maintenance as the “total activities required to retain the systems in, or restore them to the
state necessary for the fulfilment of the motorcycle production function.” The main aim of
design for maintenance is to make sure the motorcycle product that is designed can be put
revamped in its entire life cycle at without too many difficulties and at reasonable costs [3].
When designing electrical parts, researchers have created a basic principle to take into
consideration when doing this for the suitability of the circular economy. Essential factors in this
include interchangeability (and standardization) of parts, accessibility, isolation of failure and
straightforward failure diagnostics, ease of final adjustments (preferably compatible with robots
for removal) and safety of repairer.
Economics
Design for recycling
Residual parts may still contain over one material when a large percentage of components, but
also the individual components have been disassembled. Recycling focusses at splitting these
from each other by making use of diverse methods of automation after the parts have been
shredded. Not only the individual materials but also the components should be allowed to be
disassembled from the assembly. The materials, interaction inside of the motorcycle product and
the complexity of the structure are expressed by the design of the motorcycle product. The
recycling stream quality is defined by the probability of splitting materials from each other [4].
Design for disassembly
Disassembling the components is one of the utmost significant confronts to enhance their end of
life and end-of-of use [5]. Present design practices such as the overuse of surface coatings and
adhesives or integrated designs are the main root. Motorcycle products are not perceived to be
simply separating and taking apart the entirety of the parts into non-contaminated sets of
components is next to impossible. Disassembling and opening up a motorcycle product easily
has enormous value for both the manufacturer and the customer. For manufacturers, making
motorcycle products repairable and upgrading those assists manufacturers to customers. Rather
than of disposing of a component that is outdated for feasibly a motorcycle product of the
competitor, the customer can repair or upgrade or repair using the parts of the manufacturer;
maintaining the relationship of the customer. Energy and material costs can as well be saved by
remanufacturing or reusing the components the customers do not require any longer.
Disassembly design focusses at designing motorcycle products to break up during the different
levels of the development. Components, materials and sub-assemblies are optimized to allow for
reuse, maintenance, refurbishment, recycling and remanufacture. Disassembly, nevertheless, has
diverse denotation depending on the level it is being conducted in. For instance, disassembling a
certain part of a motorcycle product for repair necessitates thorough elimination of components
to avoid damages. During disassembly of a motorcycle product for recycling, components can be
disconnected with significant force, generating. For a successful circular economy, there must be
the application of three basic disciplines: motorcycle product architecture and the design of
components, selection and use of fasteners, connectors and joints, and the selection and use of
materials. EEE motorcycle products disassembly can be either done semi-automated, manually
or full automated. Manual labor that is manual is done to unlock components by hand by making
use of tools in a non-destructive manner for advanced reuse. The procedure is accurate,
nonetheless as it is complex and labor intensive, it is costly and needs staff that are trained to
keep in mind considerations of the economy. About this basis, the procedure implants all
pertinent price elements to be incorporated in the process of decision-making; for instance,
depreciated automated disassembly and recovered materials are predisposed despoil components.
Nevertheless, the costs are larger and smaller numbers of motorcycle products that can be
disassembled in a similar timeframe.
Design for recycling
Residual parts may still contain over one material when a large percentage of components, but
also the individual components have been disassembled. Recycling focusses at splitting these
from each other by making use of diverse methods of automation after the parts have been
shredded. Not only the individual materials but also the components should be allowed to be
disassembled from the assembly. The materials, interaction inside of the motorcycle product and
the complexity of the structure are expressed by the design of the motorcycle product. The
recycling stream quality is defined by the probability of splitting materials from each other [4].
Design for disassembly
Disassembling the components is one of the utmost significant confronts to enhance their end of
life and end-of-of use [5]. Present design practices such as the overuse of surface coatings and
adhesives or integrated designs are the main root. Motorcycle products are not perceived to be
simply separating and taking apart the entirety of the parts into non-contaminated sets of
components is next to impossible. Disassembling and opening up a motorcycle product easily
has enormous value for both the manufacturer and the customer. For manufacturers, making
motorcycle products repairable and upgrading those assists manufacturers to customers. Rather
than of disposing of a component that is outdated for feasibly a motorcycle product of the
competitor, the customer can repair or upgrade or repair using the parts of the manufacturer;
maintaining the relationship of the customer. Energy and material costs can as well be saved by
remanufacturing or reusing the components the customers do not require any longer.
Disassembly design focusses at designing motorcycle products to break up during the different
levels of the development. Components, materials and sub-assemblies are optimized to allow for
reuse, maintenance, refurbishment, recycling and remanufacture. Disassembly, nevertheless, has
diverse denotation depending on the level it is being conducted in. For instance, disassembling a
certain part of a motorcycle product for repair necessitates thorough elimination of components
to avoid damages. During disassembly of a motorcycle product for recycling, components can be
disconnected with significant force, generating. For a successful circular economy, there must be
the application of three basic disciplines: motorcycle product architecture and the design of
components, selection and use of fasteners, connectors and joints, and the selection and use of
materials. EEE motorcycle products disassembly can be either done semi-automated, manually
or full automated. Manual labor that is manual is done to unlock components by hand by making
use of tools in a non-destructive manner for advanced reuse. The procedure is accurate,
nonetheless as it is complex and labor intensive, it is costly and needs staff that are trained to
keep in mind considerations of the economy. About this basis, the procedure implants all
pertinent price elements to be incorporated in the process of decision-making; for instance,
depreciated automated disassembly and recovered materials are predisposed despoil components.
Nevertheless, the costs are larger and smaller numbers of motorcycle products that can be
disassembled in a similar timeframe.
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