Final answer:
The practice of asking if the function of two parts can be combined into one is known as Value Analysis, which focuses on enhancing product value by lowering costs and maintaining function.
Step-by-step explanation:
When an organization asks questions like "Can we combine the function of 2 parts into 1", this is an example of Value Analysis. Value analysis is a method used to improve the value of a product or service by examining its function with the aim of reducing costs and improving product performance. It involves a creative approach to finding less costly ways to achieve the same function, by either improving the product or reducing its cost without impacting its function.
The process typically requires a team with diverse skills to identify opportunities for reducing costs. This can be achieved by combining functions of multiple parts into a single part, simplifying the product design, using less expensive materials, or by optimizing the manufacturing process. The goal of value analysis is to increase the value for the customer by providing a function at the lowest total cost.