Asked by Maria Alanis on Jun 27, 2024
Verified
Describe the benefits associated with value engineering.
Value Engineering
A systematic approach to improve the 'value' of products or services by using an examination of function. Value can be increased by either improving the function or reducing the cost.
- Absorb information on techniques to determine and sequence product value importance.
- Acquire knowledge on the procedures for continuous improvement pertaining to the design of products.
Verified Answer
AR
Alejandra RodriguezJun 28, 2024
Final Answer :
Benefits include immediate cost reductions; reduced product complexity; additional standardization of components; improvement of functional aspects of the products; improved job design and job safety; improved maintainability (serviceability) of the product; and robust design.
Learning Objectives
- Absorb information on techniques to determine and sequence product value importance.
- Acquire knowledge on the procedures for continuous improvement pertaining to the design of products.
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