Value engineering aims at finding out the
A. Depreciation value of a product
B. Resale value of a product
C. Major function of the item and accomplishing the same at least cost without change in quality
D. Break-even point when machine requires change
Answer: Option C
Solution(By Examveda Team)
Value engineering aims at finding out the Major function of the item and accomplishing the same at least cost without change in qualityThis 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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