The Goal of Value-Engineering Is to

question 154

Multiple Choice

The goal of value-engineering is to

• A)improve value-added activities.
• B)eliminate or reduce non-value added activities.
• C)both A and B.
• D)none of the above.

---

Definitions:

Garden Gnomes

Decorative statues often placed in gardens, depicting mythological creatures known as gnomes.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping, indicating that demand decreases as price increases.

Plaster

A building material made of lime or gypsum, water, and sand, used for coating walls and ceilings.

Labor

The deployment of human manpower, both in physical form and intellectual capacity, for generating goods and services.