What is value engineering?
A) Reevaluating market strategies to create a more valuable product
B) Estimating the value added of the engineering processes
C) Reevaluating production activities to reduce costs
D) Estimating the value of the end product

Question

Quizplus · Accepted Answer

Value engineering is a process of reevaluating production activities to find ways to reduce costs while maintaining or improving the quality of the product or service. It involves looking for ways to streamline processes, eliminate waste, and identify opportunities for cost savings.

What Is Value Engineering