Question
Explain how the system concept can be used for explaining the term waste and waste management. Devise a method of cost accounting for waste.
Answer :
Word Count : 155
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A system basically takes some input, process it and gives the desired output as shown in the figure below:
Input- Processing – Output System
Some input is essential, in whatever form for the function of a system. An ideal system is conceptualized to transform the total input into useful or desirable output.
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