In Product Development, What Is the Analysis Called That Works

question 53

Short Answer

In product development, what is the analysis called that works toward simplifying products and processes to achieve equivalent or better performance at lower cost? ________________________________________

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Definitions:

Chief Justice

The presiding judge in the supreme court of many countries, or the principal judge of a particular court.

Conservative Economist

An economist whose work typically emphasizes free market policies, limited government intervention, and fiscal conservatism as means to achieve economic growth and stability.

Truman Doctrine

President Harry S. Truman’s program announced in 1947 of aid to European countries—particularly Greece and Turkey—threatened by communism.

Cold War

A period of geopolitical tension between the Soviet Union and the United States from the late 1940s to 1991, marked by espionage, political rivalry, and the threat of nuclear warfare.