Investment Recovery: An Emerging Management Strategy

Investment Recovery is the management of the reuse and disposal of the surplus materials, equipment, and products which are generated by an enterprise in the pursuance of its primary business(es). Such management involves many of the techniques for evaluation and decision making used by practitioners of Operations Research and Management Science. This paper reviews the history of Investment Recovery, summarizes its practice at Union Carbide Corporation, and forecasts the future for this emerging management strategy.