2. ►Value analysis is an organised approach to identify unnecessary costs associated
with any product, material, part, component, system or service by analysis of
function and efficiently eliminating them without impairing the quality functional
reliability or its capacity to give service.
►According to Society of American Value Engineers (SAVE) “Value analysis is the
systematic application of recognised techniques which identify the function of a
product or services establish a monetary value for the function and provide the
necessary function reliability at that lowest overall cost.”
3. ►A nail is a fastener which consists of a metal rod or shank, pointed at one end
and usually having a formed head at the other, that can be hammered into
pieces of wood or other materials to fasten them together.
► A nail is usually made of steel, although it can be made of stainless steel,
brass, or many other metals. Galvanized nails are coated with zinc to give
them added corrosion resistance.
7. ►Value of wood holding capacity is increased from medium to high by
introducing barbs on the head of the nail.
►Value of grip is also increase by added roughness by use of barbs.
►Also the value of cutting through wood can be increased by increasing the
sharpness of the point.
8. ►The demand for mass-produced commodity nails is dependent on the
fluctuations in the housing market, which varies with the economy. Demand for
these nails is also subject to competition from foreign manufacturers, further
increasing profits.
►The demand for specialty nails, on the other hand, is expected to continue to
grow and be profitable. New building materials, such as composite wood-fiber
and cement-based siding and roofing, require new specialty nails. New
corrosion-resistant coatings for nails are also being developed.