Question: Learning: Cost Management Systems: Activity - Based Just - In - Time and Quality Management Systems ANSWER Value engineering is reevaluating activities to reduce costs

Learning: Cost Management Systems: Activity-Based Just-In-
Time and Quality Management Systems
ANSWER
Value engineering is
reevaluating activities to reduce costs while satisfying
customer needs
determining the maximum cost to develop, produce, and
deliver the product or service and earn the desired profit
determining the amount a customer is willing to pay for a
good or service
determining the cost to develop, produce, and deliver a
good or service
IDON'T KNOWYET
 Learning: Cost Management Systems: Activity-Based Just-In- Time and Quality Management Systems

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