What Is Value Analysis and Value Engineering? What Is Its

question 21

Essay

What is value analysis and value engineering? What is its role in the lean philosophy?

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Definitions:

Conflict Theory

A sociological perspective that views social life as a competition and focuses on the distribution of resources, power, and inequality.

Structural Functionalist

An approach highlighting how societal structures contribute to the overall functioning and stability of a society.

Retreatist

An individual who rejects both the cultural goals and the institutionalized means of achieving them, often withdrawing from society.

Elijah Anderson

An American sociologist known for his influential work on race relations, urban ethnography, and the study of the African American experience.