1 one of the following is not true of value analysisa it, Ask an Expert

Management Studies

1. One of the following is not true of value analysis?

a. It involves an examination of the function of purchased parts or raw materials.

b. Its purpose is to reduce costs and/or improve performance of purchased goods or services.

c. It has the greatest potential for savings for items have high annual cost.

d. It has the greatest potential for savings for items which have low cost per unit.

2. The benefits of establishing partnerships with other organiztion in their supply chain are:

I. higher quality

II. increased delivery speed

III. lower inventories.

A) I and II

b) II only

C) II and III

D) I and III

E) I, II, and III

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92446145

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