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The Design Process Applying Value Analysis to Determine an Optimum Solution by Prof. Bitar Last edit: 03/24/15.

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Presentation on theme: "The Design Process Applying Value Analysis to Determine an Optimum Solution by Prof. Bitar Last edit: 03/24/15."— Presentation transcript:

1 The Design Process Applying Value Analysis to Determine an Optimum Solution by Prof. Bitar Last edit: 03/24/15

2 What is Value Analysis?

3 “A systematic method of comparison for determining the option(s) that best meet a set of required or desired criteria.”

4 Abstraction & Synthesis Homework #2 Viable Options Preferred Solution Apply Constraints HW#2 Abstraction & Synthesis Possible Solutions Perform Value Analysis Research Prior Art Brainstorm

5 Applied to Products Example 1 What features would you like to have in a cell phone? How many cell phones are there to choose from?

6 2001 Example – Prof. Labonte’

7 Criteria and Scale Who decides?

8 Raw Scores

9 Is this enough?

10 Assign Weights

11 Weighted Scores

12 What if the weighted scores are really close for two or more options?

13 Another Example… Satellite Defense Systems

14 Decision Matrix for Alternative Defense Systems Team (a)

15 Team (b) Team (b): They’re different? What should a manager do?

16 Value Analysis can also be applied at a component level…

17 Microcontroller Comparison by student Richard Speranza 2013

18 Generic Value Matrix (Spreadsheet)

19 When NOT to apply Value Analysis?


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