Proceedings of the International Conference on Industrial Engineering and Operations Management
DOI: 10.46254/au01.20220458
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A Multi-Criteria VA/VE Design Case Study for fabricating Stainless Steel Equipment 304 and 430

Abstract: Value Analysis is the study of the features of an item and their corresponding cost concerning its ability to perform a function or render a service, on the other hand, Value Engineering is a technique for product or process function, this technique will provide significant information to the overall function of the product and process. This also provides information about the reduction or elimination of cost for those functions that do not add value to the process or product. A systematic approach is applied … Show more

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