The Approach to Cost Reduction That Studies Whether Components Can

question 146

Multiple Choice

The approach to cost reduction that studies whether components can be redesigned or standardized or made by cheaper methods of production without adversely impacting product performance is termed as ________.

• A) maintenance, repair, and operating (MRO)
• B) product value analysis (PVA)
• C) vendor managed inventories (VMI)
• D) supplier performance management (SPM)
• E) supplier added value effort (SAVE)

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Definitions:

Dim Light

A low level of illumination; light that is not bright or intense.

Receptors

Specialized cells or proteins in organisms that detect and respond to signals like hormones, neurotransmitters, and sensory stimuli.

Subliminally

In a manner that influences someone's mind without their being aware of it, often used in the context of advertising or messaging.

Screen

A partition or device used to separate, conceal, or protect, but can also refer to a surface on which images are displayed, as in electronic devices.