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3. Value Analysis
• Value analysis is an organised system of techniques for identifying
and removing unnecessary costs without compromising the quality
and reliability of the product
• Its greatest potential is when used earlier in the process before design
details have been set.
2. What I the value of the contribution that each feature (part) of the
design makes to the specific function that the pert must fulfil?
• The final decision needs the support and approval of the top
management.
• A project is considered viable when the net benefits associated with its
implementation exceed its associated costs
If ∆B/∆C < 1, then N.1 is better than N.2. In this case, N.2 is
rejected and N.1 is compared with the next higher cost N.2.
If ∆B/∆C > 1, then N.1 is rejected and N.3 becomes the current
best solution. N.3 is compared with the next higher cost N.4
Its properties
Stress system acting (type of loading)
Service conditions (environment)
• When a component has failed, the root cause of failure is found and the
fundamental reasons are obtained: this is called “Failure Analysis”
Analysis
Deficiencies in design
Deficiencies in materials selection
Defects in the material (porosity, inclusions,…)
Defects in fabrication and processing
Defects during assembly (welding defects, soldering, …)
Improper service conditions
• When there is more than one material meets all the minimum
requirements, a decision must be made to select the final candidate.