Value Analysis for saving cost on a vehicle component Value = Function : Cost Fu

Question

Value Analysis for saving cost on a vehicle component

Value = Function : Cost

Function value is increased by improving performance or the component's capability. Value can also be increased by saving costs.

Value analysis for increase in function value by saving on costs. Component cost reduction can be done through reduction in labour & material cost. Value Analysis can be done through FAST (Function Analysis System Technique), Systems State Flow Diagram; Enhanced Sequence Diagram, Function Tree, boundary diagram, enhanced interface analysis.

Function list

Basic Function cannot be reduced any further. This may be related to the engineering of a product or its sales.

Components; Functions, & Mechanisms

Function: Power Automobile

Mechanisms: Working on vehicle design

Function:Increase Mileage

Mechanisms: wheel & tyre design; fuel-air mixture, compression

Chosen Mechanism: improved version of the engine for a new model to increase sales through a new product

Function: Support System

Mechanisms:   give higher value for money in low-end models to improve profitability

Function: Provide greater safety

Mechanisms:   build high-end model

Chosen Mechanism: Mechanism 1 in the near-term

Function: Increase Productivity and the number of vehicles produced

Mechanisms: Improve foundry effficiency; carry out more work in shifts

Function: Streamline Process

Mechanisms: Procurement & Inventory; plant efficiency - both manual & automated (robots)

Chosen Mechanism: Inventory; second mechanism will increase cost initially, not for low-end models

Function: Increase sales volume

Mechanisms:   New models - new segments; increasing sales for the same model

Chosen Mechanism:   Both can be used for cost reduction

Cost Implication

Investment or only cost reduction (Labour for reduction or increase in labour)

Mechanisms can be chosen from the ones mentioned for saving on costs

Explanation / Answer

You will be provided a component from vehicle. Apply what you have learned in the course and the VA presentation to suggest a "cost save" opportunity. Part 1: Complete a function analysis for the component. (25 pts) List each component of the system and state the function. State what is the risk if it wasnt present? How does it interact with other parts to provide VALUE? Part 2: Engineering Design Process (50 pts) Use the engineering design process (7 steps) and VA mindset to identify a new or more efficient design to the current shown. Use the "function" list to state the problem you are trying to solve and suggest possible alternatives for solutions.

Related Questions

Navigate

• Browse (All)
• Browse V
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.