Value analysis is a systematic appraisal of the design,quality,and performance of a product in order to
A)maintain quality assurance.
B)offer the lowest possible price.
C)increase the price of the offering.
D)reduce purchasing costs.
E)ensure customer satisfaction.

Question

Quizplus · Accepted Answer

The purpose of value analysis is to identify opportunities to reduce costs without sacrificing quality or performance. Therefore, the best choice is D, "reduce purchasing costs."

Value Analysis Is a Systematic Appraisal of the Design,quality,and Performance