A Queue ModelRecycling and Dismantling Motor Vehicles

Manuel Alberto M. Ferreira, José António Filipe and Manuel Pacheco Coelho

International Journal of Finance, Insurance and Risk Management, 2011, vol. 1, issue 3, 137

Abstract: In this paper, a situation is studied in which, owing to the exhaustion of non-renewable energy sources, conventional motor vehicles will turn out of use. We consider two scenarios: recycling or dismantling these motor vehicles. M|G|∞ queue system is used to study the process. Through it, we conclude that if the rate of dismantling and recycling of motor vehicles is greater than the rate at which they become idle, the system will tend to get balanced. The model allows also performing a brief study about the recycling or dismantling economic interest.

Keywords: Queue Model; Recycling (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:ijfirm:v:1:y:2011:i:3:p:137

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