Constantly increasing price and cost pressure is forcing product development towards innovative alternatives. And this is just where value engineering (VAVE) comes in. What is VAVE, and how can it be used? VAVE is an enormously effective method of optimising technology, processes and costs. In the automotive industry with its focus on efficiency and quantity, […]
In general, efficiency indicates how high the effectiveness of a device is when conversion losses are taken into account. The efficiency describes the relation between the delivered power (effective output) and the supplied power or loss and expenditure. In the calculation, the efficiency is abbreviated with a small eta (η). The result of the efficiency depends on what is considered a benefit or loss and what is considered an expenditure.