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what is value engineering? engineering products that are not meant to be replaced but have a high cost engineering products that are meant to be replaced frequently but have a low cost substituting low - cost components with high - quality components that still meet the products lifetime duration and basic purpose substituting high - quality components with low - cost components that still meet the products lifetime duration and basic purpose
Value engineering aims to increase the value of a product or service by reducing costs without sacrificing functionality. This is often achieved by substituting high - quality components with low - cost components that still meet the product's lifetime duration and basic purpose.
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Substituting high-quality components with low-cost components that still meet the product's lifetime duration and basic purpose