Value Analysis and Design to Target Cost
Value Analysis and Value Management ensure effort is focused where it makes a difference to the customer. It identifies expensive low value added features early in conceptual design, ensuring development effort is spent wisely.
QFD and DFSS templates include target cost mapping. Target costing is based on component, subsystem or work package cost from a Bill of Material or Work Breakdown Structure. Cost is mapped via QFD matrices to functional requirements and or Voice of Customer. |
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