VALUE ANALYSIS
\vˈaljuː ɐnˈaləsˌɪs], \vˈaljuː ɐnˈaləsˌɪs], \v_ˈa_l_j_uː ɐ_n_ˈa_l_ə_s_ˌɪ_s]\
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1. Manufacturing. Analysis identifying and selecting alternatives with best value for materials, design, systems and processes. Also known as value engineering. 2. Purchasing. Replacing items with more cost effective items. Also known as value in use analysis.
By Henry Campbell Black
Word of the day
Tetrachlorvinphos
- An organophosphate cholinesterase inhibitor that is used as insecticide. It has low mammalian toxicity. (From Merck Index, 11th ed)