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Which of the following are considered as direct costs in a construction company? Select TWO op-tions
Which of the following are considered as direct costs in a construction company? Select TWO op-tionsA . Raw materials B. An employee is hired to work on a project, either exclusively or for an assigned number of hours C. The materials and supplies needed for the company’s day-to-day operations. D....
Which whole-life costing model should the CPO use to get the most accurate total cost of ownership?
A CPO is analyzing whole life cycle costing of a machinery. He realises that cost elements are not specific but come from a range of values. Which whole-life costing model should the CPO use to get the most accurate total cost of ownership?A . Simulation models B. Optimisation models C....
Which of the following is an useful tool for value engineering?
Which of the following is an useful tool for value engineering?A . SAMOA B. Kraljic Portfolio Matrix C. Star-burst method D. Kano modelView AnswerAnswer: D Explanation: Value Engineering (VE) is concerned with new products. It is applied during product development. The focus is on reducing costs, improving function or both,...
