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Which of the following is not a step of value-engineering? a. Understanding customer requirements and value-added and non-value added costs. b. Setting a price using

  1. Which of the following is not a step of value-engineering?

    a.

    Understanding customer requirements and value-added and non-value added costs.

    b.

    Setting a price using the market approach.

    c.

    Anticipating how costs are locked in before they are incurred.

    d.

    Using cross-functional teams to redesign products and processes to reduce costs while meeting customer needs.

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