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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. What is the role of the client in the Information Phase?

A) Explain the process
B) Define the agenda
C) Describe the project
D) Define expectations

2. On the Function Logic Path, how do prescription eyeglasses correct vision?

A) Minimize weight
B) Improve durability
C) Align focus
D) Secure position

3. What is the most appropriate description of the Information Phase?

A) Collect and restructure data to support the function analysis phase
B) Confirm timing of Job Plan phases with the customer
C) Make sure management agrees with the topic being studied
D) Gather, organize, review, and transform data collected

4. Which of the following are important to the success of the Presentation Phase?
Choose 3 answers.

A) Level of development of the VM proposal write-ups
B) Presenting each idea developed
C) Timing of the VM results presentation
D) Having the right individuals available to participate
E) Tailoring the material presented based on participants

5. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometers per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometers per liter .
What is the total life cycle cost - initial, replacement costs, and annual costs - of Car A for the service life of the vehicle without considering the discount rate?

A) $480,000
B) $84,000
C) $500,000
D) $477,000

Solutions: