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Value engineering case study ppt

AnuragTewari2
AnuragTewari2
AnuragTewari2Industrial and Production Engineering Professional

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Value engineering case study ppt

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Enhancing Value of Slit Housing
using Value Engineering –
A Case Study
Anurag Tewari
M.Tech [I&PE]
Introduce the product
 In this presentation we have discussed a part of the company Labotron India
Pvt. Ltd. located in Ambala which produces medical instruments.
 The part considered is Slit Housing on which the value engineering job plan is
applied.
 Product selected is Slit Housing which is used as a component in assembly of
microscope in the field of eye inspection at moisture free environment.
The steps used for this purpose are as follows:
 Product selection plan
 Gather information of product
 Functional analysis
 Creativity worksheet
 Evaluation sheet
 Cost analysis
 Result
Product information
Functional analysis of present function
Develop alternative Design or Methods
During brainstorming these ideas were listed:-
i. Change material
ii. Change design
iii. Use ASB plastics
iv. Change the process
v. Make product through casting
Ad

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Value engineering case study ppt

  • 1. Enhancing Value of Slit Housing using Value Engineering – A Case Study Anurag Tewari M.Tech [I&PE]
  • 2. Introduce the product  In this presentation we have discussed a part of the company Labotron India Pvt. Ltd. located in Ambala which produces medical instruments.  The part considered is Slit Housing on which the value engineering job plan is applied.  Product selected is Slit Housing which is used as a component in assembly of microscope in the field of eye inspection at moisture free environment.
  • 3. The steps used for this purpose are as follows:  Product selection plan  Gather information of product  Functional analysis  Creativity worksheet  Evaluation sheet  Cost analysis  Result
  • 5. Functional analysis of present function
  • 6. Develop alternative Design or Methods During brainstorming these ideas were listed:- i. Change material ii. Change design iii. Use ASB plastics iv. Change the process v. Make product through casting
  • 7. Evaluation phase For judging the ideas, the following designs were considered: A: Ease of operation B: Durability C: Maintainability D: Safety E: Reliability
  • 8. Comparing this criteria according to relative importance :
  • 11. Result The total savings after the implementation of value engineering are given below:-  Total Existing Cost – Rs 155.8/-  Total Proposed Cost –Rs 98.48/-  Saving per product – Rs 57.32/-  Percentage saving per product –36.79%  Annual Demand of the product – 10,000  Total Annual Saving – Rs 5,73,200/-  Value Improvement - 58.20%
  • 12. Three goals that we’re looking at value engineering: 1. Identify additional functions that aren’t attractive to customers. 2. Add attractive functions for customers. 3. Saving because of the elimination of redundant functions.