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Value Analysis and Engineering Reengineered
book

Value Analysis and Engineering Reengineered

by Abate O. Kassa
November 2015
Intermediate to advanced content levelIntermediate to advanced
192 pages
4h 46m
English
Productivity Press
Content preview from Value Analysis and Engineering Reengineered
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The Value Equation
WHAT IS VALUE?
“Value” is a dicult word to dene because it is applied to both subjective
and objective qualities. About the year 350 BC, Aristotle identied seven
broad categories of value: economic, aesthetic, political, moral, religious,
judicial, and ethical. So, what is new since those early denitions of value?
What is new is the term and methodology of VA/VE.
Of the dierent categories of value listed above, VA/VE focuses on
economic value. But once you master the value methodology based on
economic value, you may nd that it can also be applied to social values,
like a decision whether to get married or not. It may ...
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Publisher Resources

ISBN: 9781498737265