The term 'value' in value engineering refers to
A. Total cost of the product
B. Selling price of the product
C. Utility of the product
D. Manufactured cost of the product
Answer: Option C
Solution(By Examveda Team)
The term 'value' in value engineering refers to Utility of the productThis Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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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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