Value Engineering – NBC Institute

MI – May 2017 – L1 – SB – Q4a – Decision-Making Techniques

Briefly describe the principles and applications of JIT, Backflush Accounting, Lifecycle Costing, Cost Audit, and Value Engineering.

Question

Write brief notes on each of the following:

i. Just In Time Systems (2 Marks)
ii. Backflush Accounting (2 Marks)
iii. Lifecycle Costing (2 Marks)
iv. Cost Audit (2 Marks)
v. Value Engineering (2 Marks)

Answer

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Tags: Backflush Accounting, Cost Audit, Just-in-Time, Lifecycle costing, Value Engineering
Level: Level 1

Topic: Decision-making techniques
Series: MAY 2017

Question Tag: Value Engineering

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MI – May 2017 – L1 – SB – Q4a – Decision-Making Techniques

Briefly describe the principles and applications of JIT, Backflush Accounting, Lifecycle Costing, Cost Audit, and Value Engineering.

MI – May 2017 – L1 – SB – Q4a – Decision-Making Techniques

Briefly describe the principles and applications of JIT, Backflush Accounting, Lifecycle Costing, Cost Audit, and Value Engineering.

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Question Tag: Value Engineering

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MI – May 2017 – L1 – SB – Q4a – Decision-Making Techniques

Briefly describe the principles and applications of JIT, Backflush Accounting, Lifecycle Costing, Cost Audit, and Value Engineering.

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MI – May 2017 – L1 – SB – Q4a – Decision-Making Techniques

Briefly describe the principles and applications of JIT, Backflush Accounting, Lifecycle Costing, Cost Audit, and Value Engineering.

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