123) In value engineering the term value refers to
Answer is:
utility of the product
Related Industrial Engineering MCQ with Answers
Answer is:
minimise the cost without change ins quality of the product
Explanation:
The aim of value engineering is to Minimize the cost without change in quality of the product.
Answer is:
brainstorming
Explanation:
The value engineering technique in which experts of the same rank assemble for product development is called Brain storming.
Answer is:
creative phase, information phase, investigation phase, evaluation phase
Answer is:
cost reduction
Explanation:
In value engineering, important consideration is given to cost reduction.