Question

what is value engineering?
○ engineering products that are meant to be replaced frequently but have a low cost
○ engineering products that are not meant to be replaced but have a high cost
○ substituting high - quality components with low - cost components that still meet the products lifetime duration and basic purpose
○ substituting low - cost components with high - quality components that still meet the products lifetime duration and basic purpose

Explanation:

Value engineering focuses on optimizing value by reducing costs while maintaining functionality and lifespan. The third option describes substituting high - quality (and likely higher - cost) components with lower - cost ones that still meet the product's lifetime and basic purpose, which aligns with value engineering. The first option is about products meant to be replaced frequently (not value engineering's goal). The second option is about high - cost non - replaceable products, which is not value engineering. The fourth option is the opposite of value engineering as it increases cost.

Answer:

C. Substituting high - quality components with low - cost components that still meet the product's lifetime duration and basic purpose