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How can value management be utilized to compare various possible design solutions?
When the bottom-level objectives for a project have been acknowledged through these techniques as values tree, every can be allocated a value, perhaps on a scale from one to ten. The possible effectiveness of the probable solutions in accomplishing these objectives can after that be assessed and summed to determine which solution offers the greatest value.
#question the importance of managerial economics..
Can national income figures be used to make comparisons of standard of living among countries? National income measures the Gross Domestic Product of country and therefore can
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