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VALUE = Function= P-R-Q + Serviceability Cost CostVI Innovative Design At concepts/idea conceivable stage
VE New Product Design Before Production Release
VA Existing Products In productionVALUE ANALYSIS / VALUE ENGINEERING Same or Better Value at Lowest CostNOT DESIRABLENOT DESIRABLEDESIRABLEGOODCostFunctionFunctionCostCostFunctionFunctionCost13