The Life Cycle Approach brings an integrative vision to the production chain, including powerful engineering tools for the creation, promotion, competition, and environmentally and economically sustainable products, goods, and services. The Life Cycle Approach ranges from the broad and qualitative to the rigorously quantitative, identifying opportunities and risks for new products and technologies. It incorporates into its analysis the entire life cycle, from the extraction of raw materials to their disposal or recycled. (more…)