achieve the product optimization. The results obtained after implementation of various techniques is cost of product minimize and quality of product improves.
Sturges Robert H [9] stated that the Value Engineering techniques based on function have been the means to improved products and processes for several decades. It is a social design methodology that is usually episodic in application and often confused with narrow interests, such as cost cutting. He conclude that VE is neither a different nor a sufficient way to design compared with more conventional analytical and synthesis techniques. It is rather a parallel and necessary process with different inputs and outputs
Jadhav Shashank S. [10] proposed the method to study the pressure valve …show more content…
A CASE STUDY
In this research work the identified product for the purpose of investigation is Valve by value engineering for sustainability.
Valves are integral components in piping systems and uses for the various purposes. It is used as the prime device for controlling the flow, pressure and direction of the fluid flow. In engineering and chemical industries there are 20-40% piping installed for fluid handling. As the Valve is the most critical component for any fluid handling process industry, it needs to be attended as a critical component of fluid handling system. The identified industry has a clear and precise mission to achieve the highest level of excellence that will keep getting better and better and eventuate into a benchmark of the industry. The identified valve manufacturing enterprise is facing a problem of 10 to 15% cost escalation for the production of valves as compared with the other competitors from last two years. However, the industry was in profit since its inceptions year 1984. This has resulted in a loss of profitability and decreased return on investment to the concerned therefore the question arises about it sustainability and cost effectiveness. …show more content…
International Journal of Marketing Financial services and
Management Research. Vol. 1.No.3, March 2012,pp 64-70
[9] Sturges Robert H. “The function of value engineering” Carnegie Mellon
UniversityResearch Showcase, EDRC, 1992,pp 1-19
[10] Jadhav Shashank S. “Design of M-Type Gate Valve” International
Journal of Science and Research Volume 3 Issue 11, (2012) pp1264-1257 [11] Kim Jun-Oh, Seol-Min Yang, Seok-Heum Baek, Sangmo Kang
“Structural Design Strategy of double –Eccentric Butterfly Valve using
Topology Optimization Techniques” World Academy of Science,
Engineering and Technology Vol:6 2012.pp06-21
[12] Xue-Guan SONG ,Seung-Gyu KIM, Seok-Heum BAEK, Young-Chul
Park “ Structural Optimization for ball valve Made of CF8M Stainless
Steel” Trans.Nonferrous Met.Chaina19(2009)pp 258-261
[13] Pavel Macura, Frantisek Fojtik, Radomir Hrncar “Experimental Residual
Stress Analysis of Welded Ball Valve”.. XIX IMEKO World congress,
Fundamental and AppliedMetrology, September 6-11, 2009, Lisbon,
Portuga.pp 1967-2000
[14] G. Gokilakrishnan, S. Divya, R. “Operating Torque In Ball Valves-A
Review ” International Journal For Technological Research In
Engineering Volume 2, Issue 4, December-2014 ISSN (Online):
2347 - 4718
Sturges Robert H [9] stated that the Value Engineering techniques based on function have been the means to improved products and processes for several decades. It is a social design methodology that is usually episodic in application and often confused with narrow interests, such as cost cutting. He conclude that VE is neither a different nor a sufficient way to design compared with more conventional analytical and synthesis techniques. It is rather a parallel and necessary process with different inputs and outputs
Jadhav Shashank S. [10] proposed the method to study the pressure valve …show more content…
A CASE STUDY
In this research work the identified product for the purpose of investigation is Valve by value engineering for sustainability.
Valves are integral components in piping systems and uses for the various purposes. It is used as the prime device for controlling the flow, pressure and direction of the fluid flow. In engineering and chemical industries there are 20-40% piping installed for fluid handling. As the Valve is the most critical component for any fluid handling process industry, it needs to be attended as a critical component of fluid handling system. The identified industry has a clear and precise mission to achieve the highest level of excellence that will keep getting better and better and eventuate into a benchmark of the industry. The identified valve manufacturing enterprise is facing a problem of 10 to 15% cost escalation for the production of valves as compared with the other competitors from last two years. However, the industry was in profit since its inceptions year 1984. This has resulted in a loss of profitability and decreased return on investment to the concerned therefore the question arises about it sustainability and cost effectiveness. …show more content…
International Journal of Marketing Financial services and
Management Research. Vol. 1.No.3, March 2012,pp 64-70
[9] Sturges Robert H. “The function of value engineering” Carnegie Mellon
UniversityResearch Showcase, EDRC, 1992,pp 1-19
[10] Jadhav Shashank S. “Design of M-Type Gate Valve” International
Journal of Science and Research Volume 3 Issue 11, (2012) pp1264-1257 [11] Kim Jun-Oh, Seol-Min Yang, Seok-Heum Baek, Sangmo Kang
“Structural Design Strategy of double –Eccentric Butterfly Valve using
Topology Optimization Techniques” World Academy of Science,
Engineering and Technology Vol:6 2012.pp06-21
[12] Xue-Guan SONG ,Seung-Gyu KIM, Seok-Heum BAEK, Young-Chul
Park “ Structural Optimization for ball valve Made of CF8M Stainless
Steel” Trans.Nonferrous Met.Chaina19(2009)pp 258-261
[13] Pavel Macura, Frantisek Fojtik, Radomir Hrncar “Experimental Residual
Stress Analysis of Welded Ball Valve”.. XIX IMEKO World congress,
Fundamental and AppliedMetrology, September 6-11, 2009, Lisbon,
Portuga.pp 1967-2000
[14] G. Gokilakrishnan, S. Divya, R. “Operating Torque In Ball Valves-A
Review ” International Journal For Technological Research In
Engineering Volume 2, Issue 4, December-2014 ISSN (Online):
2347 - 4718