Review of Waste Management Models and Their Application

Authors

  • Prof. (Dr.) Sangita Bharuka Principal, Shri Jain Diwakar Mahavidyalay, Indore (MP)
  • Nancy Shrivastava Research Scholar, School of Commerce, Devi Ahilyabai Vishwavidhyalaya, Indore https://orcid.org/0000-0001-8952-2435

DOI:

https://doi.org/10.26703/jct.v15i1.51

Keywords:

Solid Waste Management, CBA, LCA, MCDA

Abstract

The purpose of this work is to review the types of models currently in use in the municipal waste management sector and highlight some of the main shortcomings of these models. Majority of the municipal waste models recognized in the literary work are decision aid models and, for the purposes of this research, they are divided into three categories: those based on the cost-benefit ratio analysis, those based on life cycle assessment and those based on multi-criteria decision-making. Current waste Management models which taken into consideration of the paper are related to the refinement of the assessment phases rather than addressing the decision making process itself. Likewise, for a waste administration model to be practical and sustainable, it should think about ecological, financial and social viewpoints, No model examined considered all three aspects together in applying the model.
Classification-JEL: E63, F18

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Published

01-05-2020

How to Cite

Bharuka, S., & Shrivastava, N. (2020). Review of Waste Management Models and Their Application. Journal of Commerce and Trade, 15(1), 38–48. https://doi.org/10.26703/jct.v15i1.51

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