Papers on "Material Intensity per Unit of Service" and similar term paper topics
Paper #101837 ::
Material Intensity per Unit of Service
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An analysis of the definition, benefits and use of material intensity per unit of service (MIPS) in industrial fields.
Written in 2007; 2,393 words; 9 sources; APA;
$ 73.95
Paper Summary:
This paper defines and discusses material intensity per unit of service (MIPS). It begins by defining the concept of MIPS and then the seven steps in the calculation of MIPS. The paper then discusses the practical uses of MIPS in industrial fields and provides a few illustrations of MIPS application. Next, the paper looks at the benefits of MIPS use, as well as some of its constraints and limitations. Lastly, the paper looks at whether it could be effectively used in businesses in Nova Scotia.
Table of Contents:
What Is Material Intensity Per Unit Of Service (MIPS)?
How Is It Used?
Who Uses It?
What Are Its Benefits?
What Are Its Constraints and Limitations?
Could It Be Effectively Used By Businesses In N.S.?
From the Paper:
"The most competitive operating costs to develop these business operations can be supplemented by the effective usage of the MIPS approach, where its data can be available for all these manufacturing sectors specified above. There are eco-auditing programmes, which are particularly designed for performing material flow analyses, can be used partly for generating MIPS analysis for businesses in Nova Scotia. Generally, these auditing software programmes improve the overall output of a project and ensure a consistent flow of data. Thus, they are significantly pre-requisite for fulfilling a time and cost-efficient analysis. Moreover, business in Nova Scotia could use MIPS effectively by optimising their production patterns on the basis of their cost saving strategies. Especially, they could either reduce the material input in a product or reduce the material input within the scrutinized process chain, and also they could increase the service unit or compare the product and service alternatives. However, prior to a selection of the best product or process optimization, the implementation of MIPS could be applied on a pilot project in order to examine possible outcomes of MIPS concept for any business in Nova Scotia."
Tags:
data auditing production costs
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