The Value Index as a decision support tool applied to a new system for evaluating and selecting design alternatives

The process for evaluating and selecting design alternatives is a key stage in the development of a product and can, in essence, be considered a decision-making process. In order to manage this process, Value Methodologies are considered as an important decision support tool, especially by means of the calculation of the Value Index factor, Ivf, for each one of the product functions as a representation of its ‘satisfaction’-to-cost relationship....