Contact us
[email protected] | |
3275638434 | |
Paper Publishing WeChat |
Useful Links
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Author(s)
Odysseas Kopsidas
Full-Text PDF XML 391 Views
DOI:10.17265/2162-5263/2018.06.004
Affiliation(s)
Department of Industrial Management and Technology, University of Piraeus, Piraeus 18534, Greece
ABSTRACT
The purpose of the paper is to present a modified model of an
internalizing external costs caused by the operation of a manufacturing unit in
conjunction with the new reality created. The environment is characterized as a
public good. Public goods are goods that provide benefits for society as a
whole or part of it, usually regardless of whether the individual people are
willing to pay to have these benefits. All entities, whether individuals or
businesses or public agencies, have some financial resources with which they
seek to achieve specific objectives (e.g. profit maximization). To achieve a
specific objective, usually there are many
alternatives and possibilities. To be effective, i.e. to utilize the existing
resources in the best manner possible, should be selected that the solution
maximizes the desired outcome or minimizes the required sacrifices.
KEYWORDS
Goods, benefit public, cost, environment, optimization.
Cite this paper
References