The creation of valuable products requires high functionality and quality for low costs, which results in additional challenges in the design process of products. The relatively new approach of integrated value engineering uses matrices to combine target costing and value engineering in a structural model to deduce value optimization potentials. The objective of this publication is to support the implementation of these potentials and to allow a value optimization by a combination of either increasing the functionality for the customer or reducing the product's costs.
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The creation of valuable products requires high functionality and quality for low costs, which results in additional challenges in the design process of products. The relatively new approach of integrated value engineering uses matrices to combine target costing and value engineering in a structural model to deduce value optimization potentials. The objective of this publication is to support the implementation of these potentials and to allow a value optimization by a combination of either incr...
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