TY - GEN
T1 - Quantifying the price and demand of subassemblies in the end of life strategy of product resynthesis
AU - John, Suja Rose
AU - Tucker, Conrad S.
N1 - Publisher Copyright:
Copyright © 2014 by ASME.
PY - 2014
Y1 - 2014
N2 - In the United States alone, millions of tons of waste are generated every year, highlighting the urgency for innovative solutions for waste management. Traditional strategies of reducing the amount of End-of-Life (EOL) products include reuse, recycle, remanufacture and disposal. Recently, resynthesis has been proposed in the design community as an alternate approach that aims to combine assemblies/subassemblies of EOL products from multiple domains to create a 'new' product, distinct from its parent products. The original work on resynthesis assumes that there is an equal demand for 'resynthesized products' based on the available supply of EOL components that the resynthesized products are composed of. Furthermore, the price was assumed to be equal to the price of similar products on the market. However, such an assumption may underestimate or overestimate the value of resynthesized products, which in turn impacts the demand of these products. Recent research has shown that customer reviews express customers' true opinion and value for specific products or product features. The authors of this paper propose a data mining methodology to quantify the price and demand for resynthesized products by mining user-generated reviews of products publicly available on the internet. A case study involving a resynthesized electronic mouse and white board eraser is presented to demonstrate the feasibility of the proposed methodology.
AB - In the United States alone, millions of tons of waste are generated every year, highlighting the urgency for innovative solutions for waste management. Traditional strategies of reducing the amount of End-of-Life (EOL) products include reuse, recycle, remanufacture and disposal. Recently, resynthesis has been proposed in the design community as an alternate approach that aims to combine assemblies/subassemblies of EOL products from multiple domains to create a 'new' product, distinct from its parent products. The original work on resynthesis assumes that there is an equal demand for 'resynthesized products' based on the available supply of EOL components that the resynthesized products are composed of. Furthermore, the price was assumed to be equal to the price of similar products on the market. However, such an assumption may underestimate or overestimate the value of resynthesized products, which in turn impacts the demand of these products. Recent research has shown that customer reviews express customers' true opinion and value for specific products or product features. The authors of this paper propose a data mining methodology to quantify the price and demand for resynthesized products by mining user-generated reviews of products publicly available on the internet. A case study involving a resynthesized electronic mouse and white board eraser is presented to demonstrate the feasibility of the proposed methodology.
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U2 - 10.1115/DETC2014-34757
DO - 10.1115/DETC2014-34757
M3 - Conference contribution
AN - SCOPUS:84961314481
T3 - Proceedings of the ASME Design Engineering Technical Conference
BT - 19th Design for Manufacturing and the Life Cycle Conference; 8th International Conference on Micro- andNanosystems
PB - American Society of Mechanical Engineers (ASME)
T2 - ASME 2014 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE 2014
Y2 - 17 August 2014 through 20 August 2014
ER -