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System dynamic-based remanufacturing economic analysis model of used automobile engine under two recycling modes

Junli Shi (School of Mechanical Engineering and Automation, Dalian Polytechnic University, Dalian, China)
Zhongchi Lu (School of Mechanical Engineering and Automation, Dalian Polytechnic University, Dalian, China)
Huanhuan Xu (School of Mechanical Engineering and Automation, Dalian Polytechnic University, Dalian, China)
Jipei Cui (School of Mechanical Engineering and Automation, Dalian Polytechnic University, Dalian, China)

Journal of Engineering, Design and Technology

ISSN: 1726-0531

Article publication date: 22 December 2022

2

Abstract

Purpose

The purpose of this study is to present a system dynamic (SD)-based remanufacturing economic analysis model of used automobile engine under two recycling modes. The authors will compare the remanufacturing cost, sales profit and sales revenue from time and space dimensions incurred in different recycling modes in the long run.

Design/methodology/approach

The remanufacturing economic analysis model is based on SD methodology. The authors can simulate the relations of impact factors on automobile engine recycling and remanufacturing and further analyze and compare the cost, sales profit and sales revenue incurred in different recycling modes in the long term.

Findings

Sinotruk Steyr engine remanufacturing in Shandong province is taken as the research case subject. The revenue, cost and profit under the two recycling modes from 2015 to 2035 are analyzed and compared. The results show that different recycling modes have significant varying influence on the economy of engine remanufacturing.

Originality/value

This economic analysis model can provide a method reference to decide the recycling mode for auto components and other product remanufacturing. Moreover, this model can guide and support the sustainable development of remanufacturing industry.

Keywords

Acknowledgements

The authors gratefully acknowledge the support of Jinan Fuqiang power Co., LTD and the 2020 Liaoning Province Education Department Project (No. J2020049). The authors would like to thank the editor and reviewers for their constructive suggestions of the paper.

Citation

Shi, J., Lu, Z., Xu, H. and Cui, J. (2022), "System dynamic-based remanufacturing economic analysis model of used automobile engine under two recycling modes", Journal of Engineering, Design and Technology, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JEDT-07-2022-0333

Publisher

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Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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