What is waste management?

8. Repair

The waste management principle behind repairing equipment instead of disposing, is the extension of the life-span of the item. It's simple: if the initial investment cost of a piece of equipment is 1000 $ and you use it for 1000 days, it costs 1 $ per day. If you repair it for 200 $ and use it for another 1000 days, it only costs 60 Cents per day. You kept it out of the landfill for another 1000 days and used up only half of the resources needed to build the equipment, as you doubled its lifespan. These ideas are part of the 'zero waste' and 'circular economy' movements, which appeal to certain customer segments.

You can read more about the 'zero waste' movement here.