Table 3 Comparison of selling and recycling options-cost wise.
From: Sustainable electronic waste management framework for academic institutions in India
Options | Selling to Retailers | Implementing On-Site Recycling Plant |
|---|---|---|
Initial Costs | \(\bullet\)Collection bins and storage: $5,000 | \(\bullet\) Recycling equipment: $150,000 |
\(\bullet\) Staff training: $2,000 | \(\bullet\) Facility setup: $50,000 | |
\(\bullet\) Total Initial Investment: $7,000 | \(\bullet\) Staff training: $10,000 | |
\(\bullet\) Total Initial Investment: $210,000 | ||
Annual Costs | \(\bullet\) Labor for collection and sorting: $15,000 | \(\bullet\) Labor for plant operation: $60,000 |
\(\bullet\) Transportation to retailers: $8,000 | \(\bullet\) Utilities and maintenance: $25,000 | |
\(\bullet\) Administrative costs: $5,000 | \(\bullet\) Administrative costs: $10,000 | |
\(\bullet\) Total Annual Costs: $28,000 | \(\bullet\) Total Annual Costs: $95,000 | |
Annual Revenue | \(\bullet\) Payments from retailers: $22,000 | \(\bullet\) Sale of recovered materials: $85,000 |
\(\bullet\) Avoided disposal costs: $20,000 | ||
\(\bullet\) Total Annual Revenue: $105,000 | ||
Net Annual Cost | \(\bullet\) $6,000 | \(\bullet\) $10,000 |
5-Year Total Cost | \(\bullet\) $37,000 | \(\bullet\) $160,000 (including initial investment) |
