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Associated Carbon Emission And Cost Savings

                             Data realting to the operation of the cash-bag machines is shown in Table 1.



















                          Table 1: Data obtained from machine manufacturers and machine operators.




            The number of receipts generated by the 29 deposit   Conclusion
            machines daily is estimated to be 4300.  Each receipt weighs
            about 0.5g.  Therefore, each day, 2.15kg  of receipts are   The technical aspect of the project has been completed
            generated. According to Green America’s calculation, every   and  submitted  to Avalanche  Mechtronics.  Currently,  the
            kilogram of receipt generated emits 18 kilograms of carbon.   company is reviewing the codes and negotiating with the
            Therefore, for every 10% of customers who choose not to   bank to deploy the newly developed software in one of the
            print their receipts, we can save approximately 3.9 kilograms   newly opened branches.
            of associated CO2 emissions per day, or 1,014Kg/y assuming
            a machine use of 260 days per year.                  The stringent security constraints within financial institutions
                                                                 mean that the source codes must be submitted to the
            Each paper roll can accommodate printing for 450 receipts.   bank’s  IT department for review after approval from the
            With 29 machines in operation, for every 10% of customers   bank management. Additionally, user acceptance testing
            who opt not to print a receipt, the bank can save one paper   must  be  conducted  before  launching  the  first  machine.
            roll per day, amounting to $2.80. Based on our observations   These steps are essential to ensure compliance and smooth
            of users either leaving receipts dangling or disposing of them   implementation within the bank’s operational framework.
            in the bin after collection, we project that approximately 10%   However, if deemed acceptable, then the project has
            of customers will opt for the ‘no print’ function. Considering   demonstrated that significant savings are possible in terms
            the machines operate from Monday to Friday, our solution   of paper consumption and associated carbon emissions.
            is expected to save $2.80 x 260 days, resulting in an annual
            saving of $728.




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