Mechanical Engineering - Industrial Engineering and Production Management - Discussion
Discussion Forum : Industrial Engineering and Production Management - Section 2 (Q.No. 11)
11.
Valve analysis is particularly of interest when
Discussion:
2 comments Page 1 of 1.
Krutik said:
3 years ago
How it is value analysis?
Please explain me.
Please explain me.
Nvk said:
1 year ago
The correct answer is: when jobbing work economics are involved.
Value analysis (VA) is a method used to improve the value of a product, process, or system by identifying and eliminating unnecessary costs. VA is particularly useful when:
- Jobbing work economics are involved: VA helps to optimize the production of small batches or one-off products, where economies of scale are not applicable.
- Production involves high variability: VA helps to identify and reduce waste in processes with high variability, such as jobbing work.
- Cost reduction is crucial: VA focuses on cost reduction and value improvement, making it suitable for jobbing work where cost control is essential.
The other options are not the primary focus of value analysis:
- Production is on a large scale: VA can be applied to large-scale production, but it's more commonly used in jobbing work or small-batch production.
- Only a few components are involved: VA can be applied to simple or complex products, regardless of the number of components.
- Costly equipment is used: While VA may consider equipment costs, its primary focus is on overall value improvement, not just equipment costs.
=> Value analysis is a powerful tool for organizations to optimize their products, processes, and systems, and improve their overall competitiveness.
Value analysis (VA) is a method used to improve the value of a product, process, or system by identifying and eliminating unnecessary costs. VA is particularly useful when:
- Jobbing work economics are involved: VA helps to optimize the production of small batches or one-off products, where economies of scale are not applicable.
- Production involves high variability: VA helps to identify and reduce waste in processes with high variability, such as jobbing work.
- Cost reduction is crucial: VA focuses on cost reduction and value improvement, making it suitable for jobbing work where cost control is essential.
The other options are not the primary focus of value analysis:
- Production is on a large scale: VA can be applied to large-scale production, but it's more commonly used in jobbing work or small-batch production.
- Only a few components are involved: VA can be applied to simple or complex products, regardless of the number of components.
- Costly equipment is used: While VA may consider equipment costs, its primary focus is on overall value improvement, not just equipment costs.
=> Value analysis is a powerful tool for organizations to optimize their products, processes, and systems, and improve their overall competitiveness.
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