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Mechanical Engineering · Q198

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 198

Q198

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
Answer
D.
Manufactured cost of the product

Answer: Option C

Solution

Answer: Option C
Solution:
The term 'value' in value engineering refers to Utility of the product