System dynamics models for decision making in product multiple lifecycles

The main drivers for adopting product multiple lifecycles are to gain ecological and economic advantages. However, in most of the cases it is not straight forward to estimate the potential ecological and economic gain that may result from adopting product multiple lifecycles. Even though many researchers have concluded that product multiple lifecycles result in gain, there are examples which indicate that the gain is often marginal or even none in many cases. The purpose of this research is to develop system dynamics models that can assist decision makers in assessing and analysing the potential gain of product multiple lifecycles considering the dynamics of material scarcity. The foundatio…