Supporting sustainable product service systems: A product selling and leasing design model

Prior studies are lacking on a combined product selling and leasing model design and absent on the life cycle cost analysis and the product design model. To address these shortcomings, this study analyzes a leasing model on the profit and cost variables in comparison to a selling model to evaluate a proposed sustainable product-service system. The trade-off is the cost of additional durability and residual value of the product at end of the...