Waste in the United States recognized the environmental issue that landfills create, and has been creating bans on U.S. landfill. Although this may create more environmental stability in the United States, it has become a major environmental and health issue in the countries to which the electronic waste is being shipped. Waste in the United States As a nation, Americans generate more waste than any other nation in the world, officially with 4.4 pounds (2.0 kg) of municipal solid waste (MSW) per person per day, with another study estimating 7.1 pounds per capita per day. Fifty five percent of this waste is contributed as residential
Economic production quantity can notice from the equations above that the total ordering cost decreases as the production quantity increases. Inversely, the total holding cost increases as the production quantity increases. Therefore, in order to get the optimal production quantity we need to set holding cost per year equal to ordering cost per year and solve for quantity (Q), which is the EPQ formula mentioned below. Ordering this quantity will result in the lowest total inventory cost per year. Economic production quantity The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to