Value analysis focuses primarily on the examination of the cost of products relative to design, quality, and materials used.

Question

Quizplus · Accepted Answer

Value analysis is a process that involves evaluating the cost, design, quality, and materials used in the production of products or services. The aim is to identify ways to reduce costs while maintaining or improving the quality and functionality of the product. Therefore, the statement is true.

Value Analysis Focuses Primarily on the Examination of the Cost