PRESENTED BY

DEEPAK KHANDELWAL

Value Analysis

Value Analysis

Value Analysis is an technique to analyze functions of a product or services to achieve required functions at the lowest cost ensuring its performance.

Value is determined in terms of cost and function.

The value of a product can be improved by the following:-1. Improving function (keeping cost constant).

2. Reducing cost ( keeping function constant).

3. Both by improving function as well as reducing cost.

Classification

1. Use value – Properties / qualities which are useful and which enable the accomplishment of the purpose.

2. Esteem value – Aesthetic features or other factors which attract customers to possess it.

3. Exchange value – Properties that enables the customer to exchange it for anything else.

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