Industrial Engineering and Production Management
Value engineering aims at finding out the

Depreciation value of a product
Break-even point when machine requires change
Resale value of a product
Major function of the item and accomplishing the same at least cost without change in quality

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Industrial Engineering and Production Management
When slack of an activity is negative

It represents that a programme falls behind schedule and additional resources are required to complete the project in time
The activity is critical and any delay in its performance will delay the completion of whole project
It represents a situation where extra resources are available and the completion of project is not delayed
All of these

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