Question: is appropriate when a supplier uses a new production process or produces an item for the first time (Select the best answer) A. Learning Curve

is appropriate when a supplier uses a new

is appropriate when a supplier uses a new production process or produces an item for the first time (Select the best answer) A. Learning Curve Analysis B. Value Analysis C. Quantity Discount Analysis D. Engineering Analysis QUESTION 7 The six project phases are concept, project definition, planning, preliminary studies, performance, and postcompletion. True False QUESTION 8 Is a tool that reduces processes to their component parts or activities and helps identify and then eliminate non-value added activities or delays within a process. A. process mapping B. concurrent processes c. learning curves D. value engineering QUESTION 9 is the application of value principles during product or service design. A. process mapping B. quantity discount analysis C. value analysis D. value engineering QUESTION 10 The five stages of the value analysis process, are gather information, speculate, analyze, recommend and execute, and summarize and follow up True False

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