Life-cycle engineering (LCE) is an approach to environmental impact in economic conditions. Scope of the assessment is usually the whole life cycle of a product of production, use phase and end of life. The environmental impacts are assessed using an environmental life-cycle assessment (LCA). The economic impacts are evaluated according to the life cycle costing (LCC) approach. Technical boundary conditions are taken into account providing some limitations on the model, thus verifying the technical feasibility.
LCE aims to deliver a standard of living for future generations that can be maintained indefinitely. Not only does it help to reduce negative impacts on the environment but it can also be used to reduce costs .
One aspect of LCE for businesses is the extension of a life cycle products . The method of involving incremental innovation within production can be seen as a way to achieve this. The combination of innovation together with technology allows for the growth of new products, the availability of new products and the availability of new products. The key themes are economic, social, environmental and All these themes are interlinking and can be influenced by life cycle engineering.
• Economic costs
• Quality of products
• Impact on future investments
• Future generations
• Backing from environmentalist
• Waste reduction
• Land clearing
• Nature conservation