Which factors are considered in Life Cycle Analysis?

Life Cycle Analysis (LCA) is a comprehensive method used to evaluate the environmental impacts associated with all stages of a product's life, from raw material extraction through production, use, and disposal. The correct choice highlights the key factors considered in LCA, which include initial costs, operating and maintenance costs, and disposal costs.

Initial costs account for the expense incurred when purchasing a product. Operating and maintenance costs pertain to the ongoing expenses for using and maintaining the product throughout its life. Lastly, disposal costs address the environmental and financial implications of getting rid of the product once it's no longer needed, including the energy and resources required for recycling or disposing of it responsibly.

This multifaceted approach enables organizations to understand the total cost of ownership and environmental impact, rather than focusing solely on upfront expenses or isolated environmental factors. Engaging in this kind of analysis encourages better decision-making regarding sustainability and cost-efficiency over the product's entire lifespan.