check carefully the accompanying case study at background

information for an engineering organisation that produces a

product. You should use this as a basis from which you

carry out your value analysis exercise. You should use this

as a starting point from which to carry out the following

points. You should then:

$1$ Investigate and record the reasons for poor value for

your given product; this could include aspects such as a

lack of innovation within the organisation or factors such as

poor communication.

$2$ Use your investigation as a starting point to complete

and record a value analysis exercise for your given

engineering product. Your value analysis should be divided

into five distinct sections: information phase; analysis

phase; creative phase; evaluation phase; and development

and reporting phase.

$3$ Include information about the key issues relating to the

engineering activity, including costing for the processes that

make up the activity. You should determine which

processes add value, and which non$-$value added processes

are.

$4$ Evaluate the outcomes of your value analysis exercise

to suggest and prioritise possible improvements for your

given engineering activity and its processes.

$5$ Evaluate your findings from the quality

management$/$standards report and the value analysis

exercise to identify which areas can increase the

profitability and efficiency of the process being investigated.

In doing this, you should suggest methods to improve the

activity, and identify those aspects that will offer the

greatest benefit to the organisation, using evidence to back

up your suggestions. Product: Body Structure

Mercedes$-$Benz uses a sophisticated body structure design that

prioritizes safety, performance, and weight reduction.

Activities used to manufacture this product:

Design and Engineering: Involves the conceptualization and detailed engineering of the

body structure, considering load capacity, safety factors, and efficiency.

Prototype Testing: Developing and testing prototypes to ensure the body structure meets

specified standards and performance requirements.

Material Selection: Choosing high$-$quality materials for the body structure components to

ensure durability and reliability.

Manufacturing: The actual production process, including machining, assembly, and quality

checks during manufacturing.

Quality Control $($Inspection$)$: Rigorous inspections to ensure the body structure meets

industry standards and safety regulations.

Costs $($per unit$)$:

Material Cost: $$6000$

Manufacturing Cost: $$4500$

Testing and Quality Control Cost: $$2500$

Design and Engineering Cost: $$375$

Preparing and Finishing Cost: $$2200$

Suppose that you are working as a final year apprentice in this company and you have been asked

to carry out a value analysis exercise on this product.

Make a value analysis for this product $($using $5-$phases of value analysis$).$

Can you help me to solve every step based on the design in the picture?