Paper Title :Cost Reduction Using Value Analysis For Auto Rickshaw Steering Bar
Author :Aprinder Singh Sandhu, Kusaldeep Singh Sekhon
Article Citation :Aprinder Singh Sandhu ,Kusaldeep Singh Sekhon ,
(2016 ) " Cost Reduction Using Value Analysis For Auto Rickshaw Steering Bar " ,
International Journal of Mechanical and Production Engineering (IJMPE) ,
pp. 43-49,
Volume-4,Issue-12
Abstract : Value Engineering defines a process in which the value of the product can be increased by significantly
decreasing its cost to achieve a long-term profitability plan of a company. In this study, Value Engineering Job Plan (VEJP)
has been used to reduce the cost and improve value of Auto rickshaw steering bar. The study revealed the poor value areas
for which the alternatives were developed and evaluated. Finally, changes in design were proposed which led to 1.54% of
cost saving and ease of manufacturing that helped yield a four-fold increase in the production.
Keywords— Value Engineering Job Plan, Auto rickshaw steering bar and cost saving.
Type : Research paper
Published : Volume-4,Issue-12
DOIONLINE NO - IJMPE-IRAJ-DOIONLINE-6418
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Copyright: © Institute of Research and Journals
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Published on 2017-01-17 |
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