Definition
Comprehensive ecological assessment that identifies the energy, material, and waste flows of a product, and their impact on the environment. This cradle to grave evaluation begins with the design of the product and progresses through the extraction and use of its raw materials, manufacturing or processing with associated waste stream, storage, distribution, use, and its disposal or recycling. The objective is to identify changes, at every stage of the life cycle, that can lead to environmental benefits and overall cost savings. Also called life cycle impact assessment.
Related Articles
- Work Study as a Component of Educational Planning *
- Common Stock Strategies - Part 3 *
- Introduction to the Economy, Fiscal and Monetary Policy *
- Explanation of the Balance Sheet *
- Common and Preferred Stock *
- What are Stock Option Plans? *
- Dollar Cost Averaging Stock Strategy *
- Analyzing Investments and Recording Transactions *
Related Videos
http://www.businessdictionary.com/definition/life-cycle-assessment.html


