Sustainicum Collection

Consus The aim of the project is to establish a regional science-society network for sustainability innovations in Albania and Kosovo in order to strengthen the connection and collaboration of institutions in the field of higher education, research and practice.
Login

Resource facts

  • Independent of the number of students
  • Up to 3 lecture units
  • Internet connection necessary
  • English, German

Resource Description

Instruction file

Optimizing Closed-loop Supply Chains(Resource ID: 20)

The module deals with managerial decision processes of companies dealing with re-use and recycling. Through a simulation model the students should get a feeling for trade-offs between profitability and sustainability as well as understand the implications of decisions on different sustainability measures. Moreover, the link between environmental policy-making (e.g. by national governments) and firm decision making is explored.

The module is based on the link between environmental and economic aspects of sustainability. Students should understand that companies are not philantropic institutions and thus have to operate profitable. As a consequence all measures aimed at sustainability have to ensure profitability and long-run survival of firms.

The web-application is comprised of three parts:

  1. A multiple-choice type quiz provides students with an opportunity to familiarize themselves with practical issues associated with resource consumption, recycling or energy efficiency.
  2. A reader provides some background information about Closed-loop Supply chains and the associated decision processes as well as links and references to further research in this area.
  3. A simulation model enables students to try their decision making capabilities first as a manager of a company dealing with re-use and recycling and then as a policy maker setting sustainability targets. Besides a comparison with the optimal decisions, the students are also pointed at conflicts of interest that may exist for a policy maker.

Click the following link to start the web-application: http://impuls.uni-graz.at/sustainicum/reman/start/

Learning Outcomes
Students shall understand the potentially conflicting measures of profitability and sustainability in managerial decision making. Further, the module aims at increasing the awareness about the mediation between environmental policies and outcomes through firm decision making.
Relevance for Sustainability
Re-use and recycling are two important levers for reduction of (virgin) resource consumption and pose challenging questions to companies.
Related Teaching Resources
No specific previous knowledge / related resources required
Preparation Efforts
Medium
Access
Free
Sources and Links
Funded by
Funded by the Austrian Federal Ministry of Science and Research within the framework of the call "Projekt MINT-Massenf├Ącher" (2011/12)

Comments Write Comment

Author

Univ.-Prof. Dr. Marc Reimann

Contact

Ricarda Rindlisbacher
ricarda.rindlisbacher(at)uni-graz.at
This teaching resource is allocated to following University:
KFUG - Karl-Franzens-University Graz
Date:

License

Creative Commons
BY-NC-SA

Teaching Tools & Methods

  • Computer program
  • Simulation program
  • Simulation