Which of the Following Is True Regarding Value Engineering

question 74

Multiple Choice

Which of the following is true regarding value engineering?

• A) Value engineering occurs only after the product is selected and designed.
• B) Value engineering is the same as value analysis.
• C) Value engineering is oriented toward improvement of design.
• D) Value engineering occurs during production when it is clear the product is a success.
• E) Value engineering can save substantial amounts of product cost, but quality suffers.

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Definitions:

Genius Bar

A tech support station located inside Apple's retail stores, where customers can receive advice, diagnostics, and repairs for their Apple products.

Apple Retail Stores

Official retail outlets owned and operated by Apple Inc., specializing in the sale and support of Apple products and services.

Highly Trained Personnel

Employees who have undergone extensive training and possess specialized skills or knowledge, contributing to a company's competitive advantage.

Postsale Services

Support activities provided by a company after a product has been sold, including installation, maintenance, repair, and customer assistance.