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Function analysis system techniques Value Engineering

Subject: Industrial Engineering And Management

Topic: Value Engineering and Value Analysis

Difficulty: Medium

1 Answer
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• ‘Functional analysis system techniques’ (FAST) is a rigorous method for understanding complex systems by converting ‘activities’ performed in the systems to the ‘functions’ performed in the systems for its customers.

• This method is used in value engineering for product improvement, process improvement, systems design and system architecting.

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