Which of the Following Cost Reduction Methods Is NOT Typically

question 123

Multiple Choice

Which of the following cost reduction methods is NOT typically used to move the actual cost to target cost?

• A)reverse engineering
• B)value analysis
• C)process improvement
• D)forward engineering

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Definitions:

365-Day Year

A method used in finance that assumes a year consisting of 365 days for calculating interest, ignoring leap years.

Exact Simple Interest

Interest calculated on the initial principal of a loan or deposit, based on a precise calculation method rather than the common approximation methods.

365-Day Year

A method used in finance and accounting that assumes a year consists of 365 days to simplify interest rate calculations, disregarding leap years.

Exact Simple Interest

Interest calculated on the principal amount of a loan or investment, based on a 365-day year without compounding.