Final Exam Essay Questions Example | Topics and Well Written Essays - 500 words

Final Exam Questions - Essay Example Recycling helps industries in two ways. First, it helps in making used products usable again and secondly, it helps in the development of new products using the raw material of the recycled used products. Companies need raw material to develop new products. If the process of recycling is stopped for some time, it will affect the product manufacturing processes adversely because in nature, the availability ratio of these materials is already decreasing with every passing day. If recycling is stopped, the raw material will definitely end before time because raw material from recycled products covers a large percentage of the overall raw material being provided to the companies for product development. The process of recycling produces a number of benefits for companies and for the whole environment. Some of which include reduced waste, improved environment, reduced use of energy as recycling of products takes less energy than processing raw material, and reduced pollution. In industrial product design phase, degradability and recycling of waste products help companies in reducing the cost of the product as they do not have to buy expensive raw material from suppliers which eventually increases the overall cost of the product. Recycling of products can help companies in increasing the level of production while decreasing the level of cost associated with product manufacturing. Along with decreasing the cost of product manufacturing, recycling also reduces the amount of energy required to design the products, as companies do not have to bring raw material from distant locations. Moreover, recycling also reduces the time required to manufacture products as companies do not have to arrange virgin materials from outside sources, rather they can use recycling to develop products which helps in reducing the overall duration of product manufacturing. If we talk about the role of economic cost during design phase, we can say that economic cost