Top 150+ Solved Product Design and Value Engineering MCQ Questions Answer
Q. Problem solving consists of _________.
a. Identifying problem
b. Thorough study of problem
c. Creating alternatives
d. All of the above
Q. What is the basic function of refrigeration system?
a. Protect food
b. Produce low temperature
c. Cool content
d. Freeze water
Q. The cost value includes ________.
a. Material cost
b. Labor cost
c. Material cost, labor cost and overhead cost
d. None
Q. The value is ___________.
a. Same for every one
b. Different for different people
c. Different of different geographies
d. None
Q. The lowest overall cost of the product also known as _______.
a. Cost value
b. Worth
c. Esteem value
d. Use value
Q. The value can be increased by ___________.
a. Increasing performance
b. Decreasing cost
c. Both a & b
d. None
Q. Who will nominate Value Engineering TEAM?
a. Management
b. Design
c. Marketing
d. None of the above
Q. Who will participate in VE TEAM?
a. Full time team
b. Full time manager
c. Individual
d. None of the above
Q. What is key factor of value engineering?
a. Identify unnecessary cost
b. Identify necessary cost
c. Both a & B
d. None of the above
Q. Out of the seven types of values as per Aristotle, VA/VE concentrates on
a. Political value
b. Economic Value
c. Spiritual value
d. Religious value
Q. Market value at any point of time is the _______.
a. Cost value
b. Esteem value
c. Worth
d. Use value
Q. A detailed version of a new idea stated in meaningful customer terms is called a ________.
a. product movement
b. product image
c. product idea
d. product concept
e. none
Q. A manufacturer with a product in the decline stage of the product life cycle might decide to ________ if it has reason to hope that competitors will leave the industry.
a. delay planning
b. harvest the product
c. maintain the product without change
d. search for replacements
e. drop the product
Q. An attractive idea must be developed into a ________.
a. product idea
b. product image
c. test market
d. product concept
e. product strategy