Mechanical Engineering - Industrial Engineering and Production Management - Discussion
Discussion Forum : Industrial Engineering and Production Management - Section 1 (Q.No. 6)
6.
In value engineering, the term value refers to
Discussion:
5 comments Page 1 of 1.
Sidharth Jain said:
1 decade ago
There different types of values :
1. Cost value.
2. Use value.
3. Esteem value.
4. Exchange value.
1. Cost value.
2. Use value.
3. Esteem value.
4. Exchange value.
Arvind prasanna said:
1 decade ago
During value engineering we try to reduce the cost without compromising with the products.
VIJAYKUMAR . P said:
10 years ago
During the value of engineering we try to reduce the cost and increasing the good quality.
(1)
Sandeep maharana said:
8 years ago
Value is the ratio of worth (use +esteem)/Price.
YOGESH PANCHAL said:
3 years ago
It is a cost reduction method without sacrificing the product's quality & functionality.
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