Which of the following statements is true about value analysis/value engineering (VA/VE)? - 5716

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Which of the following statements is true about value analysis/value engineering (VA/VE)? 

A. The purpose of VA/VE is to simplify products and processes. 

B. The objective of VA/VE is to achieve equivalent or better performance at a lower cost. 

C. VA is performed before the production stage, while VE deals with products already in production. 

D. both A and B 

 
Solution Description

Which of the following statements is true about value analysis/value engineering (VA/VE)?