Which of the following is a cost control and cost reduction technique that helps managers control operations by focusing primarily on material costs?
A) Materials planning
B) Decision-tree analysis
C) Break-even analysis
D) Value analysis
E) Process control

Question

Quizplus · Accepted Answer

Value analysis involves evaluating products, services, or processes to identify opportunities for cost savings without sacrificing quality. It specifically focuses on material costs and is a technique used to control and reduce costs.

Which of the Following Is a Cost Control and Cost