University of Illinois at Urbana-Champaign
Cloud based sensor analysis for customer-specific residual value estimation for end-of-life product recovery
Abstract
dc:descriptionManufacturing companies that take back products at the End-Of-Life (EOL) face a decision whether to recycle, remanufacture, repair, refurbish or scrap that product. One of the first steps is to estimate the product's residual value, primarily on the basis of age and a cursory visual inspection. However, there is a high degree of variability in actual value, even for products of the same age. This is due to the variability of environmental and use conditions to which the product has been exposed by the consumer. This paper proposes a predictive model that uses data obtained from sensors which is stored on the cloud, throughout a product's lifecycle. This data is used to more accurately estimate the value at the EOL. The model recommends the EOL solution for an individual product based on the quality level and demand for refurbished products. An illustrative cell phone example is presented, which tracks the condition of each phone during its lifecycle. Simulation is performed to obtain the residual value distribution based on predictive indicators from sensors including accelerometer data to monitor number of free falls and impact, number of battery lifecycles, humidity and temperature sensors. Results indicate improved residual value estimation due to minimizing the loss due to variance in quality of products.
Degree
thesis:*- Name thesis:degree_name
- M.S.
- Level thesis:degree_level
- Thesis
- Discipline thesis:degree_discipline
- Industrial Engineering
- Grantor
- University of Illinois at Urbana-Champaign
- Year dc:date
- 2016
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Devnani, Pranay Sunil
- Contributors dc:contributor
-
- Thurston, Deborah
Subjects
dc:subject × 7Rights
dc:rights- Statement dc:rights
-
- Copyright 2016 Pranay Devnani
- Language dc:language
- en
Identifiers
dc:identifier.*- Handle dc:identifier
- http://hdl.handle.net/2142/90673
- OAI identifier oai:identifier
- oai:www.ideals.illinois.edu:2142/90673