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Decision support systems based on the life cycle inventory for municipal solid waste management under uncertainty. (English) Zbl 1135.90300
Summary: Life Cycle Inventory (LCI) – part of a Life Cycle Assessment (LCA) method – was used to evaluate two scenarios for waste to energy gasification plants based on the American (design at 200 T/D) and Australian (design at 240 T/D) gasification technologies including a 15-year income statement projection. The paper uses stochastic modeling based on the internal rate of return (IRR) and net present value (NPV) values of the new and actual equipment. The Monte Carlo simulation with the Excel spreadsheet and Crystal Ball\(^{\circledR}\) software was used to develop scenarios for uncertainty inputs. The sensitivity analysis and frequency charts represent the Crystal Ball\(^{\circledR }\) output and simulation results.
MSC:
90B05 Inventory, storage, reservoirs
90B50 Management decision making, including multiple objectives
Software:
CrystallBall; Excel
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