A high customer orientation, focusing on those aspects of the product/service that better satisfy customer needs. Allows enormous cost reductions by eliminating functions that do not satisfy customer requirements/needs VA improves profitability of products. New ideas that arise from the Read More …
Month: April 2022
Types of Value Analysis Exercises
1) VA for Existing Products One of the best approaches to VA is simply to select an existing product that is sold in relatively large volumes. This product, or product family, will tend to have a great deal of the Read More …
DCU300 ENTREPRENEURSHIP SKILLS.
UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DEGREE OF DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU300 ENTREPRENEURSHIP SKILLS FULLTIME/PARTTIME DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION ONE [30 MARKS] a) Explain factors that Read More …
Why Use Value Analysis
In reality, a complex number of reasons exists that necessitate the structured approach of value analysis as a means of logical cost reduction. These reasons can be divided into two key sources, those that lie within the business and secondly Read More …
DCU201 DIT206 COMPUTER APPLICATION SOFTWARE.
UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY AND DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU201 DIT206 COMPUTER APPLICATION SOFTWARE DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer question ONE and any other TWO questions. QUESTION ONE COMPULSORY (30 Read More …
DCU200 INFORMATION LITERACY.
UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY AND DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU200 INFORMATION LITERACY DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer QUESTION ONE and ANY OTHER TWO. QUESTION ONE (30 MARKS) a) Define the Read More …
DCU100 COMMUNICATION SKILLS.
UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN INFORMATION TECHNOLOGY/DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY DCU100 COMMUNICATION SKILLS DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question ONE(Compulsory) and any other TWO questions. QUESTION ONE (30 MARKS) a) State the main Read More …
Steps in Value Analysis
1. Identifying the function: Any useful product has some primary function which must be identified—a bulb to give light, a refrigerator to preserve food, etc. In addition it may have secondary functions such as withstanding shock, etc. These two must Read More …
DCU002 HEALTH AWARENESS AND LIFE SKILLS.
UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION TECHNOLOGY/ DIPLOMA IN INFORMATION TECHNOLOGY DCU002 HEALTH AWARENESS AND LIFE SKILLS DATE: NOVEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer question ONE and any other TWO questions QUESTION ONE (30 MARKS) Read More …
VALUE ANALYSIS IN SUPPLY CHAIN
Value engineering or value analysis had its birth during the World War II Lawrence D. Miles was responsible for developing the technique and naming it. Value analysis is defined as ―an organized creative approach which has its objective, the efficient Read More …