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A manufacturing company can apply the concept of renewable vs. non-renewable systems by evaluating their resource usage and making strategic decisions based on the nature of these resources. For non-renewable resources, the company should aim to minimize waste and maximize efficiency, as these resources are stock-limited. For renewable resources, the company should ensure they are not used faster than they can regenerate, as these are flow-limited. This could involve investing in renewable energy sources, implementing recycling programs, or redesigning products to require less resource-intensive materials.
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The constraints imposed on a renewable vs. non-renewable system differ based on stocks and flows. For example, non-renewable resources are stock-limited whereas renewable resources are flow-limited. If you extract a resource faster than it can regenerate, it will essentially create a non-renewable system. Whaling was one of the most prominent businesses in America before scientists understood the animals' long reproductive cycles. At the time, whales appeared to be an infinite resource but proved to be quite the opposite.
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How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in systems, you can learn to recognize the relationshi...
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