Which of the following is TRUE concerning value-engineering?
A)The goal of value-engineering is to eliminate locked-in costs.
B)After a product's design has been value-engineered, costs are difficult to influence.
C)When and how costs are locked in are more important than when and how costs are incurred.
D)Value-engineering does not work when dealing with direct costs.
E)Value-engineering activities reduce both value-added and non-value-added costs.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is TRUE concerning value-engineering?
A)The goal of value-engineering is to eliminate locked-in costs.
B)After a product's design has been value-engineered, costs are difficult to influence.
C)When and how costs are locked in are more important than when and how costs are incurred.
D)Value-engineering does not work when dealing with direct costs.
E)Value-engineering activities reduce both value-added and non-value-added costs.

Which of the Following Is TRUE Concerning Value-Engineering