文档介绍：. Durga Prasad1 , Subbaiah2,
K. Narayana Rao3
1 Associate Professor, Department of Mechanical Engineering, Gandi Institute of Technology and Management, Visakhapatnam, India ; E-mail: kattagdp@
2 Professor, Department of Mechanical Engineering, Andhra University, Visakhapatnam, India
E-mail: ******@
3 Lecturer, Department of Mechanical Engineering, Govt. Polytechnic, Visakhapatnam, India
E-mail: nr_ kandukuri@
COST ENGINEERING WITH QFD: A MATHEMATICAL MODEL
Abstract: Cost engineering helps the firms in decision-making with respect to product development. It is primarily concerned with cost estimation and cost control. Decisions made during the design phase have a significant influence on development and life cycle costs. The effective cost management during the design phase of a product is essential to develop a product with minimum cost and desired quality of the customer. In this paper a mathematical model is established by incorporating cost engineering techniques such as Target Costing (TC) and Value Engineering (VE) with Quality Function Deployment (QFD) to develop a product. An illustrative example is also presented.
Keywords: Cost engineering, Quality Function Deployment, Value Engineering, Target costing
INTRODUCTION
In the current market scenario, the manufacturing firms have to develop a product that is affordable to the customer