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Review of Waste Management Models and Their Application

Author

Listed:
  • Prof. Dr. Sangita Bharuka

    (Principal, Shri Jain Diwakar Mahavidyalay, Indore)

  • Nancy Shrivastava

    (Research Scholar, School of Commerce, D.A.V.V. Indore. (M.P.))

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.

Suggested Citation

  • Prof. Dr. Sangita Bharuka & Nancy Shrivastava, 2020. "Review of Waste Management Models and Their Application," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 15(1), pages 38-48, April.
    • Handle: RePEc:jct:journl:v:15:y:2020:i:1:p:38-48
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    File URL: https://www.jctindia.org/index.php/jct/article/view/a20-sbns
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    References listed on IDEAS

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    More about this item

    Keywords

    Solid waste management models; CBA; LCA; MCDA.;
    All these keywords.

    JEL classification:

    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F18 - International Economics - - Trade - - - Trade and Environment

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