Economic assessment model of the silver recycling industry

Malek Hassanpour ()

International Journal of Innovation in Engineering, 2021, vol. 1, issue 3, 20-37

Abstract: Silver Element (SE) is exploited in making coins, jewelry, silverware, electronics devices, medical and decorative stuff, confectionery products, mirrors and glass making, and making up photography films, etc. Because of its antibacterial properties, the SE is utilized in the pharmaceutical industry. One of its important characteristics is high resistance to chemical solvents. The SE has historically had a special position and value among the people because of its precious status and its widespread use, especially in the field of medicine. The Silver Metal (SM) has been used as a trading agent rather than money. The present research investigated the silver recycling industry from photography films and their belongings to deploy an economic assessment model empirically. By the current research, an economic assessment model was developed that can be assigned to assess any engineering & industrial project in the screening step of project identification via the Environmental Impact Assessment (EIA) plan. Also, the developed model can be employed to estimate the economic indices of breakeven point, economic value-added, and time of return on investment. The configuration of the model is highly emphasized in electronic software's.

Keywords: Economic assessment; Silver recycling; Industry (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ijie.ir/index.php/ijie/article/view/25/36 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bao:ijieis:v:1:y:2021:i:3:p:20-37:id:25

Access Statistics for this article

International Journal of Innovation in Engineering is currently edited by Mohammad Ebrahim Sadeghi

More articles in International Journal of Innovation in Engineering from International Scientific Network (ISNet)
Bibliographic data for series maintained by International Scientific Network (ISNet) ().