The process of reevaluating activities to reduce costs while satisfying customers' needs is referred to as
A) design engineering.
B) developmental engineering.
C) total engineering.
D) value engineering.

Question

Quizplus · Accepted Answer

Value engineering is the process of reevaluating activities to reduce costs while still meeting customers' needs. It involves analyzing the functions of products or services and finding ways to optimize the performance and cost-effectiveness of those functions. This process can lead to significant cost savings while maintaining or even improving customer satisfaction.

The Process of Reevaluating Activities to Reduce Costs While Satisfying