Value analysis is an approach to improving the value of a product or process by understanding its constituent components and their associated costs. It then seeks to find improvements to the components by either reducing their cost or increasing the value of the functions. The technique of value analysis can be applied to any item.
68) The technique of value analysis can be applied to
Answer is:
any item
Explanation:
Related Production and Industrial Engineering MCQ with Answers
Answer is:
major function of the item and accomplishing the same at least cost without change in quality
Answer is:
minimum value
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