Successful product development should include
A)kaizen costing.
B)value engineering.
C)kanban implementation.
D)all of the above.

Question

Quizplus · Accepted Answer

Value engineering is a structured approach to optimize the value of a product or service while reducing costs. It involves eliminating unnecessary costs while meeting the functional and performance requirements of the product. Kaizen costing and kanban implementation are tools that can be used during the manufacturing or production phase to improve efficiency and reduce waste, but they are not directly related to product development. Therefore, the best choice is B, value engineering.

Successful Product Development Should Include