MCI Calculation
The Material Circularity Indicator (MCI) is calculated using the formula:
MCI = 1 - LFI*(0.9/Utility Function)
Here, the factor "0.9" represents the weight of the product's longevity (utility function) relative to its circular performance (LFI). This factor aligns with the framework established by the Ellen MacArthur Foundation.
The MCI ranges from 0 to 1, where lower values indicate a more circular production process. The formulas utilised at Yook adhere to the guidelines set by the Ellen MacArthur Foundation.
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