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Identify the Following Terms

question 65

Short Answer

Identify the following terms.
-Tang Dynasty


Definitions:

Bottleneck Items

Items or processes that limit or delay the flow of production or service delivery due to their limited capacity.

High Risk

Situations or ventures involving a significant possibility of loss, failure, or negative outcomes, often accompanied by the potential for high rewards.

Value Engineering

A systematic method to improve the "value" of goods or products and services by using an examination of function.

Value Analysis

A systematic assessment to reduce costs while maintaining or improving performance and quality in products or processes.

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