Industrial Engineering and Production Management
Scheduling gives information about

When work should complete
When work should start and how much work should be completed during a certain period
That how idle time can be minimized
Proper utilization of machines

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Resale value of a product
Depreciation value of a product
Break-even point when machine requires change
Major function of the item and accomplishing the same at least cost without change in quality

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