Which of the following is a method of comparing the benefit,function and cost of materials,components and work processes?
A) Value analysis
B) Outsourcing
C) Quality function deployment
D) SWOT analysis
E) Conceptual map

Question

Quizplus · Accepted Answer

Value analysis is a systematic method of comparing the benefits, functions, and costs of materials, components, and work processes. It is used to identify cost-saving opportunities during the design and development phase of a product or service. Outsourcing refers to the practice of hiring an external company to perform a specific task or function. Quality function deployment is a process used by companies to ensure that customer needs and expectations are met. SWOT analysis is a strategic planning tool used to identify strengths, weaknesses, opportunities, and threats. A conceptual map is a visual representation of ideas and concepts.

Which of the Following Is a Method of Comparing the Benefit,function