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Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques
book

Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

by Kim H. Pries, Jon M. Quigley
December 2012
Intermediate to advanced content levelIntermediate to advanced
365 pages
9h 58m
English
Auerbach Publications
Content preview from Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

CHAPTER 3 – Arbitrary Cost Down Approach

I. Rubric for Costing Down

Image Image Image

II. Questions to Ponder

  • What are the benefits of arbitrary cost down approach? What are the risks or down sides to this approach?

  • What happens to the team when pushed to a goal that they believe cannot be met?

  • What impact does compensation based on cost improvement have on the quality of the ideas and employee engagement?

  • How does small lot size and proprietary parts ...

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Publisher Resources

ISBN: 9781439887264