_____ is a way to achieve continuous performance improvement in an item, product, or service, but it is not a technique for cheapening a product or service by lowering quality or other performance attributes below what customers expect.
A)Make-buy analysis
B)Total cost analysis
C)Price analysis
D)Cost analysis
E)Value analysis

Question

Quizplus · Accepted Answer

Value analysis is a way to achieve continuous performance improvement in an item, product, or service by examining its functions and reducing costs while maintaining or improving its overall value to customers. It focuses on improving the efficiency and effectiveness of a product or service without compromising its quality or other performance attributes.

_____ Is a Way to Achieve Continuous Performance Improvement in an Item