What is it about?
To optimize cost and revise your product to be in the market in better shape. VAVE will apply value Analysis and Value Engineering to the product and reduce manufacturing cost of the product.
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Why is it important?
because the products that are in the market may need to be refreshed, hence, redesigned at low cost and better functionalities.
Perspectives
This can be applied to productions and mass productions of parts.
Professor Samir Mekid
King Fahd University of Petroleum and Minerals
Read the Original
This page is a summary of: Product Life Cycle: VAVE Impact in Manufacturing Cost Reduction, Applied Mechanics and Materials, June 2014, Trans Tech Publications,
DOI: 10.4028/www.scientific.net/amm.575.910.
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