Skip to Main Content
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 10 – Saving Money with Optimization

I. Rubric for Optimization

Image Image

II. Questions to Ponder

  • How can simulation help us in our cost improvement activities?

  • How does simulation in product or process development improve our cost and reduce risk?

  • What are the costly prerequisites for simulation?

  • How would you make the most of simulation efforts?

  • What are the steps to develop accurate models?

  • What actions do you take to ensure the validity of the models for simulation?

III. Cost Improvement Scenario

A. Situation

A new feature ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Value Engineering Synergies with Lean Six Sigma

Value Engineering Synergies with Lean Six Sigma

Jay Mandelbaum, Anthony Hermes, Donald Parker, Heather Williams

Publisher Resources

ISBN: 9781439887264