Question
Question 3 Which of the following is TRUE concerning value-engineering? Question 3 options: 1-After a product's design has been value-engineered, costs are difficult to influence.
Question 3
Which of the following is TRUE concerning value-engineering?
Question 3 options:
1-After a product's design has been value-engineered, costs are difficult to influence.
2-Value-engineering activities reduce both value-added and non-value-added costs.
3-The goal of value-engineering is to eliminate locked-in costs.
4-When and how costs are locked in are more important than when and how costs are incurred.
5-Value-engineering does not work when dealing with direct costs.
Question 4 (1 point)
The three major influences on pricing decisions are
Question 4 options:
1- | competition, costs, and customers. | ||||||||||
2- | economic, qualitative, and costs. | ||||||||||
3- | variable costs, fixed costs, and mixed costs. | ||||||||||
4- | continuous improvement, customer satisfaction, and a dual internal/external focus. | ||||||||||
5- | competition, demand, and production efficiency. Question 9 (1 point)
Survey evidence suggest that most companies use which type of cost when making pricing decisions? Question 9 options: 5-
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