3. VALUE ANALYSIS THE PROPERTIES, FEATURES OR ATTRACTIVENESS WHICH CREATE A DESIRE TO POSSES THE ARTICLE BUT ARE NOT NECESSARILY REQUIRED AS FAR AS FUNCTIONAL PERFORMANCE IS CONCERTNED. ESTEEM OR AESTHERTIC OR SELL VALUE: THE PROPERTIES AND QUALITIES WHICH ACCOMPLISH A USE OR WORK OR SERVICE. THE USE VALUE IS EQUAL TO THE VALUE OF THE FUNCTIONS PERFORMED. USE VALUE
4. IMPROVE PRESTIGE SHOW TIME WATCH IMPROVE FINISH PROTECT SURFACE COLOUR CEMENT IMPROVE AWSTHETICS/ IMAGE ENCLOSE PARTS BRIEF CASE SELL FUCTION USE FUNCTION PRODUCT
5.
6. VALUE CAN BE INCREASED BY P V = C INCREASING PERFORMANCE FASTER THAN COST INCREASES 04. P V = C DECREASING COST & INCREASING PERFORMANCE 03. P V = C ENHANCING PERFORMANCE AT SAME COST 02. P V = C DECREASING COSTS,WHILE ENSURING SAME PERFORMANCE 01.
19. WHEELS OF STEEL TRANSFER CARS 69,190 1,92,530 COST PER WHEEL IN RUPEES 41.50 78.15 MACHINING TIME PER WHEEL IN HOURS 2093 3192 WT. IN KG PER WHEEL CASTING 162644/CS700 FOREING SAE 5160 MATERIAL USED(LEARNT FROM AUTOMOBILE MFG CO ABOUT CASTING FOR EVEN WHEEL HUBS) AFTER V.E BEFORE V.E