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Managing Lifetime Wastivity

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  • Prof. Sushil

    (Indian Institute of Technology Delhi)

Abstract

Wastivity is a wholesome measure of performance of any system. It considers the waste generated during the working of any system concerning the input provided to the system. This article deliberates on the concept of ‘lifetime wastivity’ of any system incorporating the waste of all types of resources such as material, energy, manpower, capital, and time. It first considers the context of electrical power systems, based on fossil fuels such as coal. The lifetime wastivity in the electricity sector is of very high order incorporating energy wastivity of all the processes in the life cycle, auxiliary energy wastivity, and different types of pollution-related wastivity at all stages. The paper takes another example from services sector such as hospitality industry. There is a need to put in place wastivity accounting and audit systems to portray the pattern of wastivity of different resources overtime to minimize lifetime wastivity. As an editorial, it also gives a brief of all the papers scheduled in this issue.

Suggested Citation

  • Prof. Sushil, 2018. "Managing Lifetime Wastivity," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 187-189, September.
    • Handle: RePEc:spr:gjofsm:v:19:y:2018:i:3:d:10.1007_s40171-018-0194-8
    DOI: 10.1007/s40171-018-0194-8
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    References listed on IDEAS

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    1. Ashish Kumar Rathore & Santanu Das & P. Vigneswara Ilavarasan, 2018. "Social Media Data Inputs in Product Design: Case of a Smartphone," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 255-272, September.
    2. Manoj Kumar Singh & Harish Kumar & M. P. Gupta & Jitendra Madaan, 2018. "Analyzing the Determinants Affecting the Industrial Competitiveness of Electronics Manufacturing in India by Using TISM and AHP," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 191-207, September.
    3. Sasan Torabzadeh Khorasani, 2018. "A Robust Optimization Model for Supply Chain in Agile and Flexible Mode Based on Variables of Uncertainty," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 239-253, September.
    4. Rajneesh Chowdhury & Nihar Jangle, 2018. "Critical Systems Thinking Towards Enhancing Community Engagement in Micro-insurance," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 209-224, September.
    5. Seyed Mojib Zahraee & Fatemeh Mamizadeh & Seyyed Amir Vafaei, 2018. "Greening Assessment of Suppliers in Automotive Supply Chain: An Empirical Survey of the Automotive Industry in Iran," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(3), pages 225-238, September.
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    Cited by:

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