Final answer:
The cost analysis of recycled sustainable plastic for sustainable packaging includes direct cost, indirect cost, tangible cost, real cost, and cost/benefit calculation. The material required for sustainable packaging involves different groups of recycled plastic polymers.
Step-by-step explanation:
When conducting a cost analysis of recycled sustainable plastic for sustainable packaging, it is essential to consider various cost components. These include:
- Direct cost: This includes the cost of collecting and transporting plastic waste, processing it for re-use, and manufacturing the sustainable packaging.
- Indirect cost: These costs are not directly incurred during the manufacturing process but are associated with the environmental impact of plastic waste, such as pollution and waste management.
- Tangible cost: This refers to the monetary expenses involved in sourcing and utilizing recycled sustainable plastic for packaging.
- Real cost: The real cost encompasses both the tangible and intangible expenses associated with recycled sustainable plastic, including potential reputational benefits and environmental conservation.
- Cost/Benefit calculation: This involves comparing the overall costs of using recycled sustainable plastic for packaging with the potential benefits, such as reduced waste, environmental preservation, and improved brand image.
The material required for sustainable packaging typically includes recycled plastic polymers categorized into different groups based on their properties. These polymers can be identified by plastic identification codes and are indicated with a recycling symbol.