Value engineering aims at finding out the

A Depreciation value of a product
B Resale value of a product
C Major function of the item and accomplishing the same at least cost without change in quality
D Break-even point when machine requires change

Correct Answer: Major function of the item and accomplishing the same at least cost without change in quality

Value engineering aims at finding out the Major function of the item and accomplishing the same at least cost without change in quality
Bissoy MCQ
#Mechanical Engineering #Industrial Engineering And Production Management

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In a class, 120 students are male and 100 students are female. 25% of male students and 20% of female students are engineering students. 20% of the male engineering students and 25% of the female engineering students passed the final exam. What percentage of engineering students passed the exam?
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C 22%
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What emerging technology is often referred to as the "Internet of Value" and aims to revolutionize the financial Industry by enabling secure and transparent peer-to-peer transactions?
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The term 'value' in value engineering refers to
A Total cost of the product
B Selling price of the product
C Utility of the product
D Manufactured cost of the product
'Value' for value engineering and analysis purposes is defined as
A Purchase value
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D Function/cost
The term 'Value' in value engineering technique refers to the __________ cost of the product.
A Function (utility)
B Selling
C Production
D Total

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