Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach
Department of Industrial Engineering,Tarbiat Modares University
Abstract
In this paper, the need to incorporate three famous design cost management methods, called:
Quality Function Deployment (QFD), Value Engineering (VE) and Target Costing (TC) into
a single model has been addressed. Each method performs very well in cost management
procedures as design activities. These methods have been incorporated into a mathematical
programming model, in order to achieve the maximum benet of each method. The model,
essentially, optimizes customer satisfaction subject to target cost. The tool is a mixed integer
zero-one nonlinear programming. The unied model has been proposed to prevent a non-optimal
solution when methods interact with each other. The practitioner should be condent that the
quality solution would be achieved in contrast to when the methods are applied sequentially. A
simple automobile design example was formulated and solved to show the performance of the
model.
Zegordi, S., & Jariri, F. (2008). Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach. (e2947). Scientia Iranica, 15(3), e2947
MLA
Zegordi, S., & Jariri, F. "Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach" .e2947 , Scientia Iranica, 15, 3, 2008, e2947.
HARVARD
Zegordi S., Jariri F. (2008). 'Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach', Scientia Iranica, 15(3), e2947.
CHICAGO
S. Zegordi & F. Jariri, "Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach," Scientia Iranica, 15 3 (2008): e2947,
VANCOUVER
Zegordi S., Jariri F. Quality Function Deployment, Value Engineering and Target Costing, an Integrated Framework in Design Cost Management: A Mathematical Programming Approach. Scientia Iranica. 2008;15(3):e2947.