____ is the organized study of an item's function as it relates to value and cost.

Question

Quizplus · Accepted Answer

Value analysis is the organized study of an item's function as it relates to value and cost. It involves analyzing the components and functions of a product or process to identify opportunities to reduce cost without impacting its value. The other options mentioned are important aspects of supply chain management, but they do not involve the same level of analysis and evaluation as value analysis.

____ Is the Organized Study of an Item's Function as It