The Purpose of Value Analysis/Value Engineering (VA/VE)is To

question 13

Multiple Choice

The purpose of Value Analysis/Value Engineering (VA/VE) is to:

• A)Simplify products and processes
• B)Improve the value that customers find in existing products
• C)Relate the customer's needs to technical specifications
• D)Meet budgets and improve the results of financial models
• E)To facilitate better cooperation between business functions

---

Definitions:

Mandatory Retirement

A policy or practice requiring employees to retire at a certain age regardless of their desire or ability to continue working.

Feral Children

Kids who grew up away from human interaction since an early age, lacking significant exposure to nurturing, social customs, or verbal communication.

Nature/Nurture Debate

A longstanding discussion regarding the relative importance of genetics (nature) and environment (nurture) in determining individual behavior and traits.

Reported Opinion

A judicial decision that is published in legal reporters or databases, making it accessible for reference and citation.