MIPS (Material Input Per Service Unit) Method
In assessing product life cycle impacts, the total material input of a product system (development though manufacturing through delivery) is measured per these units. More information: www.wupperinst.org/Sites/home1.html
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It seems that LCA and MIPs have developed in parallel. MIPS focuses on the material inputs only while LCA covers material inputs as well, but in addition has all environmentally relevant emissions specified (like global warming emissions, acidifying emissions, eutrophicating emissions etc), and also covers other interventions to the environment specified (like radiation, land use shifts, noice, etc.)
This would lead to the conclusion that MIPS is a partial, simplified LCA.