Abstract:
Service-oriented approach or a combination of
Product-Service System (PSS) is often regarded as more
promising to traditional discreet product selling. To have a
sustainable product or service, PSS systems must equally
satisfy the three stakeholders of sustainability viz. people,
planet, and profit generated by the companies. However,
this is often not the case as the other stakeholders often
ignore interest of the planet, as a stakeholder. Government
tax incentives could act as an enabler to mitigate this difference. In this work, we explore this issue by developing
methodologies to optimize the needs of various stakeholders. We develop equations to express the three Ps of
sustainability to find out appropriate government incentives
as tax on people and product-manufacturing companies to
make products and services more sustainable, assuming
that the taxes collected are utilized in restoring the environment. We use Multi-Objective Genetic Algorithm to
find the optimized taxes for some possible combinations of
sale price and number of units to be manufactured. We take
a case and explain the application of this novel methodology for a car manufacturing scenario.
