Abstract
This article is about value engineering, a method to improve the relationship between the function and the cost of a product. Industrial engineers can provide a better value of their products only if their own value becomes better and better, meaning not to reduce the cost of their education, but to increase their role in designing products and processes. The purpose of this analysis is to generate simple principles for understanding, modelling and optimizing this problem. The interaction between the components of the value provides the definition: the special relation between utility and cost catalysed by the wishes and resources of the employers at a specific moment. The article analyses the components that have effects on student’s value and proposes a model harmonized with the growing ratio of the industrial area.
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