10 Reasons for Unnecessary Costs that Lead to Poor Value

There is little doubt that engineers and designers are well aware of the need to minimize cost, and in most instances, they are anxious to receive and use better cost information. However, there are other reasons why unnecessary cost occurs in the products they are specifying. The most frequent reasons unnecessary cost is found in a product or system will normally fall into one or more of the following categories: Lack of an Idea: Unnecessary cost can be built into a product or service ...

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