Which of the following is an objective of value engineering?
A) to reduce cost by eliminating all value-added activities
B) to streamline and add non-value added activities
C) to reduce the total cost of the product
D) to understand competitors' product design

Question

Quizplus · Accepted Answer

The objective of value engineering is to reduce the total cost of the product while maintaining or improving its quality and function. Options A and B are incorrect as value engineering aims to eliminate non-value added activities and streamline value-added activities. Option D is also incorrect as understanding competitors' product design is not a specific objective of value engineering.

Which of the Following Is an Objective of Value Engineering