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Free and Premium SAVE International VMA Dumps Questions Answers

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Value Methodology Associate Questions and Answers

Question 1

The VM is defined by SAVE International as a:

Options:

A.

Structured process

B.

Specialized process

C.

Systematic process

D.

Sequential process

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Question 2

What is a function of a teacup?

Options:

A.

Provide container

B.

Allow drinking

C.

Contain tea

D.

Contain liquid

Question 3

In SWOT analysis:

Options:

A.

Strengths and opportunities are internal attributes.

B.

Threats and strengths are harmful attributes.

C.

Strengths and weaknesses are helpful attributes.

D.

Opportunities and threats are external attributes.

Question 4

A Random Function Identification table contains:

Options:

A.

Inputs, objectives, and sequence

B.

Costs, time, and risks

C.

Elements, functions, and classifications

D.

Components, resources, and criteria

Question 5

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

Options:

A.

Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements

B.

Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information

C.

Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics

D.

Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports

Question 6

An unwanted function of a hammer would be:

Options:

A.

Swing arm

B.

Apply force

C.

Deliver force

D.

Transmit vibration

Question 7

Which type of value is the sum of labor, material, and other resources required to produce the subject?

Options:

A.

Esteem Value

B.

Exchange Value

C.

Use Value

D.

Cost Value

Question 8

Which of the following letters represents the scope lines?

Options:

A.

A

B.

B

C.

C

D.

D

Question 9

What is the correct sequence of the last four phases of the Value Methodology Job Plan?

Options:

A.

Development, Presentation, Evaluation, and Implementation

B.

Evaluation, Development, Presentation, and Implementation

C.

Evaluation, Development, Implementation, and Presentation

D.

Development, Evaluation, Presentation, and Implementation

Question 10

What function must a pen or pencil perform?

Options:

A.

Write documents

B.

Color surface

C.

Mark surface

D.

Convey message

Question 11

Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?

Options:

A.

Restrict access, improve safety, transmit force

B.

Connect spaces, construct frame, attract user

C.

Rotate door, support load, grasp handle

D.

Install screws, separate spaces, secure space

Question 12

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

Options:

A.

Basic Function

B.

Secondary Function

C.

Higher Order Function

D.

Lower Order Function

Question 13

All-the-time functions are:

Options:

A.

Outside the study scope

B.

A drain on resources

C.

Continuous

D.

Undesirable

Question 14

The original VM Job Plan was based on a problem-solving approach. Which is the correct order of the four steps comprising this approach?

Options:

A.

Hypothesis, Observation, Experimentation, Conclusion

B.

Observation, Experimentation, Hypothesis, Conclusion

C.

Hypothesis, Experimentation, Observation, Conclusion

D.

Observation, Hypothesis, Experimentation, Conclusion

Question 15

Which of the following techniques involves capturing input from multiple customers and stakeholders at the same time?

Options:

A.

Interviews

B.

Questionnaires

C.

Surveys

D.

Focus panels

Question 16

How many phases are in the VM Job Plan?

Options:

A.

3

B.

6

C.

7

D.

8

Question 17

The Value Methodology is:

Options:

A.

A suggestion program to improve value.

B.

A cost reduction exercise to improve value.

C.

A step-by-step design review to improve value.

D.

An eight-phase process to improve value.

Question 18

The Development Phase involves which of the following steps?

Options:

A.

Assign ideas to VM study team members

B.

Prioritize ideas

C.

Model the cost of ideas

D.

Determine verb-noun combinations for ideas

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Total 61 questions