Question

​________ is used to rank a​ company's products to determine which products represent the best use of the​ firm's resources,​ or, perhaps, to determine which products are to be eliminated.A) Value analysis
B) Value engineering
C) Financial analysis
D) Product-by-value analysis
E) Product cost justification

Answer 1

Answer:

OPTION D              

Explanation:

Value analysis refers to the approach to maximizing a product or process's value by recognizing its constituent components and the associated costs. It then seeks to find changes to the elements either through lowering their expense or by growing the feature worth.

Under this method, roles can be categorized into a pyramid, beginning with a fundamental aspect that the consumer thinks they are paying for, and then secondary functions that support the basic function.