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Value Analysis

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Following is a list of products to be analyzed by value analysis:

Classroom desk Bookends
Mousetrap Electric Fan
Backpack-style book toter Bike handlebars
Fireplace grate Bike lock
Coaster on which to set drinks Lamp part shown at the right (pic show the part (black plastic piece) of the light that you must turn for the light to go on

a. Select any four of the above and define their function or functions in two words.

b. Why is function definition an early and precisely done step in value analysis/value engineering? Explain what this step accomplishes using some of your examples from (a)

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a. Select any four of the above and define their function or functions in two words.

Sr.
No. Function
1. Mouse trap Catch mice
2. Bike Lock Prevent theft
3. Electric fan Provide air-circulation
4. Classroom desk Facilitate classroom seating

b. Why is function definition an early and precisely done step in value analysis/value engineering? Explain what this step accomplishes using some of your examples from (a)

Value analysis is an approach to improving the value of an item by functional analysis of the item. First ...

Solution Summary

This posting contains explaination of value analysis steps.

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