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How value engineering helps to improve productivity? Discuss various fields of application of value engineering

Subject: Industrial Engineering And Management

Topic: Value Engineering and Value Analysis

Difficulty: High

1 Answer
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  1. Value engineering is the process of improving the value of a product at every stage of the product life cycle.

  2. At the development stage, Value engineering improves the value of the product by reducing the cost without reducing the quality.

  3. At the maturity stage, Value engineering reduces the cost by …

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