Develop indicators that enable decision-makers to understand how their choices impact product management at the end of their life cycle, aiming to promote the closure of product/material loops…

Ended Cooperative Agreement Awarded Last action

Award ID
70NANB24H268
Recipient
Awarding agency
Obligated
$171,849

Award facts

Completion date
Originally
Place of performance
West Lafayette, IN, USA

Award details come from USAspending.gov.

Description

Purpose
The purpose of this project is to develop indicators that enable decision-makers to understand how their choices impact product management at the end of their life cycle, aiming to promote the closure of product/material loops within these cycles. These indicators will specifically highlight the economic implications of choosing between virgin and recycled materials.
Activities
The project will expand data collection and analysis for the specific product types of interest; create multiple component life cycle models; and develop advanced time-related indicators using markov chain features and explore insights into the actual economic and environmental effects.expected outcome: the proposed research will develop metrics and economic models that will allow manufacturers to evaluate the use of recycled materials in production.
Intended beneficiaries
US manufacturers and their suppliers will benefit from the ability to analyze the economic implications of using virgin or recycled materials.
Subrecipient activities
The recipient does not intend to subaward funds.

Transactions

Action Obligated Date
Amendment $0
Original award $171,849

Quick answers

Who received award 70NANB24H268?

70NANB24H268 was awarded to Purdue University by National Institute of Standards and Technology (Department of Commerce) on September 1, 2024.

How much is award 70NANB24H268 worth?

$171,849 has been obligated on 70NANB24H268.

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