Model symbols and meanings
| Variable | Description | Variable | Description |
|---|---|---|---|
| ω | Unit wholesale price of new power batteries | cm | Unit manufacturing cost of new power batteries |
| p1 | Unit retail price of new power batteries | cr | Unit remanufacturing cost of waste power batteries |
| p(t) | Rebates offered by dealers to consumers for trading-in | c1 | The unit recycling cost of echelon utilization merchants |
| n(t) | Cascade utilization effort level | N0 | Potential market size of initial consumers |
| p2 | The retail price per unit of discarded power batteries sold by distributors to secondary users | N1 | Potential market size of trade in consumers |
| pt | The retail price per unit of high-energy density batteries sold by tier manufacturers | δ | Consumers evaluate discounts on old products |
| f | The price of manufacturers recycling used batteries | θ | Consumer willingness to pay for new products |
| o | Difficulty coefficient of echelon utilization | xm(t) | The level of recycling efforts at time t made by the manufacturer |
| A | Difficulty coefficient of recycling and re-manufacturing | xs(t) | The level of recycling efforts at time t made by the dealer |
| B | Difficulty coefficient of trading-in | xt(t) | The level of recycling efforts at time t made by the echelon recycling dealer |
| g | The unit reward (or punishment) amount under reward and punishment measures that is higher (or lower) than the government’s preset utilization rate of tiers | φ | The echelon utilization rate of retired power batteries |
| φ′ | The echelon utilization rate set by the government under reward and punishment measures | qtn | Trade-in consumer demand |
| D | The echelon utilization consumer demand |
| Variable | Description | Variable | Description |
|---|---|---|---|
| ω | Unit wholesale price of new power batteries | Unit manufacturing cost of new power batteries | |
| Unit retail price of new power batteries | Unit remanufacturing cost of waste power batteries | ||
| Rebates offered by dealers to consumers for trading-in | The unit recycling cost of echelon utilization merchants | ||
| Cascade utilization effort level | Potential market size of initial consumers | ||
| The retail price per unit of discarded power batteries sold by distributors to secondary users | Potential market size of trade in consumers | ||
| The retail price per unit of high-energy density batteries sold by tier manufacturers | Consumers evaluate discounts on old products | ||
| The price of manufacturers recycling used batteries | Consumer willingness to pay for new products | ||
| Difficulty coefficient of echelon utilization | The level of recycling efforts at time | ||
| Difficulty coefficient of recycling and re-manufacturing | The level of recycling efforts at time | ||
| Difficulty coefficient of trading-in | The level of recycling efforts at time | ||
| The unit reward (or punishment) amount under reward and punishment measures that is higher (or lower) than the government’s preset utilization rate of tiers | The echelon utilization rate of retired power batteries | ||
| The echelon utilization rate set by the government under reward and punishment measures | Trade-in consumer demand | ||
| The echelon utilization consumer demand |
Source(s): Table created by authors
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.