Method
The goal of FCA is achievement of the highest consumer satisfaction of production at simultaneous decrease in all kinds of industrial expenses (production costs). Classical FCA has three English synonyms - Value Engineering, Value Management, Value Analysis. It is not necessary to confuse method FСА as it takes place at some authors, to method Activity-based costing (ABC)
Read more about this topic: Function Cost Analysis
Famous quotes containing the word method:
“You that do search for every purling spring
Which from the ribs of old Parnassus flows,
And every flower, not sweet perhaps, which grows
Near thereabouts into your poesy wring;
You that do dictionary’s method bring
Into your rhymes, running in rattling rows;”
—Sir Philip Sidney (1554–1586)
“We have not given science too big a place in our education, but we have made a perilous mistake in giving it too great a preponderance in method in every other branch of study.”
—Woodrow Wilson (1856–1924)
“I am not afraid of the priests in the long-run. Scientific method is the white ant which will slowly but surely destroy their fortifications. And the importance of scientific method in modern practical life—always growing and increasing—is the guarantee for the gradual emancipation of the ignorant upper and lower classes, the former of whom especially are the strength of the priests.”
—Thomas Henry Huxley (1825–95)