The aim of value engineering is to
A. Find the depreciation value of a machine
B. Determine the selling price of a product
C. Minimize the cost without change in quality of the product
D. All of the above
Answer: Option C
Solution (By Examveda Team)
The aim of value engineering is to Minimize the cost without change in quality of the productThis Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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