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SAVE International Value Methodology Associate Sample Questions:

1. Identify which are key data used to transform information for a product value study:

A) Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
B) Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports
C) Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements
D) Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics

2. Which function is located to the left of the left vertical line in a FAST diagram?

A) Basic Function
B) Lower Order Function
C) Higher Order Function
D) Secondary Function

3. Function E is the:

A) Basic Function
B) Required Secondary Function
C) Higher Order Function
D) Secondary Function

4. What is a function of a teacup?

A) Provide container
B) Contain liquid
C) Allow drinking
D) Contain tea

5. Which of the following is most relevant to the Evaluation Phase?

A) Constraints
B) Return on Investment
C) Cost Model
D) Weighting

Solutions: