Applied Economics in US Manufacturing
It is often estimated that 80 % of a problem is due to 20 % of the cause and evidence suggests this 20 % can be a target rich environment for high return research investments. Likewise, research investments that focus on the highest 20 % of environmental impacts can disproportionally improve environmental sustainability. Environmental impact areas and costs tend to correlate, making it possible to reduce both simultaneously. AEO supply chain research has three focus areas examining costs and losses in manufacturing: