The correct answer is Option C) Concurrent engineering

The reason is that Concurrent engineering, a process in which different stages of product development work/run simultaneously. This reduces the time it takes to develop a product and market it.

Explanation for incorrect answers

Option A is incorrect.

The reason is that Just-in-time engineering is about the timing of making decisions rather than something physical.

Option B is incorrect.

The reason is that Lean engineering is a constant refinement process designed to increase the efficacy and potency of engineering departments within production companies to make them more profitable in their marketplace.

Option D is incorrect.

The reason is that Re-engineering is the process of redesigning business processes.

Option E is incorrect.

The reason is that Reverse engineering is a process in which products are deconstructed to know their design information.