Difficulty: Easy
Correct Answer: Function concept (what it must do)
Explanation:
Introduction / Context:
Value engineering is a systematic method to improve the “value” of goods or services by examining function. Value is often expressed as Value = Function / Cost. Rather than cutting cost indiscriminately, VE seeks to deliver the required functions at the lowest life-cycle cost consistent with performance, quality, and safety.
Given Data / Assumptions:
Concept / Approach:
The heart of VE is the function concept: clearly define what the product must do, in verb–noun format (e.g., “support load,” “prevent leakage”). Once essential and secondary functions are understood, alternatives are generated to achieve them more economically without degrading performance. This prevents “penny wise, pound foolish” cost cuts that harm function or quality.
Step-by-Step Solution:
Define essential functions using FAST or similar tools.Evaluate alternative materials, processes, or configurations.Select the option that meets function at the lowest justified life-cycle cost.
Verification / Alternative check:
Successful VE cases show equal or improved performance with reduced cost because the function was preserved while waste was eliminated.
Why Other Options Are Wrong:
Cost or profit objectives alone can compromise function. Customer satisfaction is crucial but must be achieved through reliably delivering required functions. Aesthetics may be a secondary function, not the sole focus.
Common Pitfalls:
Confusing VE with cost cutting; skipping function analysis; ignoring user needs and life-cycle impacts.
Final Answer:
Function concept (what it must do)
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