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2. In the previous decades, companies acting along a value chain placed much focus on the reduction of wastes within their own unit. The incentive for process optimisation was (and still is) to turn as much of the resource into the product while producing as little waste as possible. A more recent approach taken is to avoid the waste generation of the previous production steps by keeping the product in the value chain as long as possible. [08] a. Using Scheme 2, assign the terms RECYCLING, REGENERATION, and REUSE/REPAIR/RENTAL to text boxes 1, 2, and 3. Explain what the concepts mean with one example each. (6) b. How do you think that the product's lifetime and/or utility could be extended on the consumer level (as represented by box 4)? Give 2 examples of different concepts on the consumer level. (2) End of life consumer disposal waste 1 4 Distributer/retail waste 3 Product Product manufacturer waste 2 Intermediate converter waste 1 Resource generation waste AK Resources Scheme 2