The total cost of a product comprises of normal costs, avoidable costs and opportunity costs.
It is important that while developing products, value engineering be
incorporated from the initial design using a holistic approach.
Material, design, tooling and processing are as important as the four
wheels of a high performance of a car. Use of simulation tools play an
important role as well. This paper also throws light on DFMPro – a
design assistant solution. DFMPro provides a rule-based approach to
information on direct and indirect aspects of design performance and
cost.
DFMPro is a CAD-integrated design for manufacturing
software that helps identify and correct downstream issues early in the
design stage, leading to reduction of cycle time and, in turn,
high-quality products with lower product development and final costs.
The paper also provides an understanding of the DFX and Cost views.
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