Which analysis can be used to make decisions about resource use and consumption

MIPS approach can be used to make decisions about resource use and consumption. It can be used to measure overall use of services and products. MIPS is also known as Material Input per Service.

Material quantity is used to calculate the footprint of material of any economic activity and used to find out the production and consumption for the process. MIPS is based on material-energy conservation law that assumes equal input and output.