The Building Activity, Like Most Human Activities, Has a Negative

question 46

Short Answer

The building activity, like most human activities, has a negative impact on the environment. A metric that measures the impact of a building product on the environment is called environmental product declaration (EPD). This metric is provided by the manufacturer of the product and is prepared in one of the following two ways:
(i)By the manufacturer without an independent third- party validation, called ISO Type II EPD, also called
self- declared EPD.
(ii)By an independent third party specializing in EPD preparation, called ISO Type III EPD.
Which of the two EPDs is given greater weighting in LEED v4 rating system? Note: ISO is an acronym for Intern Standards Organization.

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Definitions:

Inventory

The cumulative inventory of materials and products that a business maintains for the goal of selling or using in production.

Falling Prices

A situation where the general level of prices for goods and services is declining.

LIFO Method

A method of inventory valuation based on the assumption that the most recently acquired items are the first to be sold.

Cost Of Goods Sold

Expenses inherently linked to the manufacturing of a company's products, including the costs of materials and labor.