Which of the following is not a generalization about value?
A) Value can be defined as the lowest end cost at which the function can be accomplished at the time and place and with the quality required
B) Value is determined objectively and subjectively by design engineers
C) Some items/services/processes which cost less than a similar item/service/process may accomplish the function in a superior or equal manner
D) Value cannot be determined exclusively by an examination of the item/service/process being evaluated
E) The value of any service, material, or product is established by the minimum cost of the other alternatives that will perform the same function

Question

Quizplus · Accepted Answer

While value can be determined both objectively and subjectively, it is not solely determined by design engineers. Other stakeholders, such as customers and users, also play a role in determining value.

Which of the Following Is Not a Generalization About Value