CRITERIA FOR VALUE ENGINEERING. PHASE 1. FEASIBILITY STUDY

Abstract

The state of the art of value engineering is summarized a value analysis technique is proposed with the following characteristics: (a) quantification of value consistent with established USAF specification of system utilization. (b) Value parameters which are predictable and measurable. (c) systematic method of quantitative analysis which permit practical optimization in the least cost sense consistent with system value. (d) Technique structure which permits design tradeoff of discrete alternatives relating to cost and system value parameters. (e) Method of cost analysis which permits optimization with respect to total cost and is consistent with both design and operational value parameters. (f) Method of cost analysis based on difference principles which permits decisions through dominance of one alternative to another. (g) general method of analysis which permits cost in time and singling out areas significant cost differences between alternatives.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1966
Accession Number
AD0630207

Entities

People

  • R. E. Purvis
  • R. L. Mclaughlin

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Human Systems
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Accuracy
  • Acquisition
  • Air Force
  • Contractors
  • Cost Analysis
  • Cost Reductions
  • Engineering
  • Engineers
  • Feasibility Studies
  • Manufacturing
  • Mathematical Models
  • Operations Research
  • Probability
  • Reliability
  • Standards
  • Test And Evaluation
  • Value Engineering

Readers

  • Life Cycle Cost Analysis
  • Theoretical Analysis.