Develop a cost model to evaluate the economic benefit of remanufacturing based on specific technique

Yuchun Xu*, Wei Feng

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Remanufacturing is a process of recovering used products to a like-new condition. It can potentially achieve considerable economic, environmental and social benefits in many applications. However, its economic benefit varies for different products and remanufacturing processes. This research aims to develop a framework and cost model to quantitatively evaluate the benefits of remanufacturing techniques to assist the decision making on end-of-life strategies. Additive manufacturing-based remanufacturing process has been modelled first, then cost breakdown structure for the process has been created, and the cost model has been developed. Validation of the cost model has been conducted based on expert judgement, and a case study has been carried out by using the developed cost model to compare the benefit of remanufacturing a specified component or making a new one.

Original languageEnglish
Article number4
JournalJournal of Remanufacturing
Volume4
Issue number1
DOIs
Publication statusPublished - 1 Dec 2014

Bibliographical note

© Xu and Feng; licensee Springer. This is an open access article distributed under the terms of the Creative Commons
Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any
medium, provided the original work is properly cited.

Keywords

  • Cost engineering
  • Cost estimation
  • Economic benefit analysis
  • End of life
  • Product recovery
  • Remanufacturing

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