An Approach for Optimization of Functions and Reducing the Value of the Product by Using Virtual Models

New developed approach for Functional Cost Analysis (FCA) based on virtual prototyping (VP) models in CAD/CAE environment, applicable and necessary in developing new products is presented. It is instrument for improving the value of the product while maintaining costs and/or reducing the costs of the product without reducing value. Five broad classes of VP methods are identified. Efficient use of prototypes in FCA is a vital activity that can make the difference between successful and unsuccessful entry of new products into the competitive word market. Successful realization of this approach is illustrated for a specific example using press joint power tool.

• A. Bocevska
• G. Todorov
• T. Neshkov

• CAD/CAE environment
• Functional Cost Analysis (FCA)
• Virtual prototyping (VP) models.

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