VE meaning in Space Science ?

Answer:

What is Value Engineering mean?

Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be manipulated by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. The term "value management" is sometimes used as a synonym of "value engineering", and both promote the planning and delivery of projects with improved performance

The reasoning behind value engineering is as follows: if marketers expect a product to become practically or stylistically obsolete within a specific length of time, they can design it to only last for that specific lifetime. The products could be built with higher-grade components, but with value engineering they are not because this would impose an unnecessary cost on the manufacturer, and to a limited extent also an increased cost on the purchaser. Value engineering will reduce these costs. A company will typically use the least expensive components that satisfy the product's lifetime projections at a risk of product and company reputation.

Due to the very short life spans, however, which is often a result of this "value engineering technique", planned obsolescence has become associated with product deterioration and inferior quality. Vance Packard once claimed this practice gave engineering as a whole a bad name, as it directed creative engineering energies toward short-term market ends. Philosophers such as Herbert Marcuse and Jacque Fresco have also criticized the economic and societal implications of this model.

reference

Full Form	Category
Vacuum Electric	Academic & Science
Very Efficient	Business
Virtual Enterprise	Business
Vibro Equipment	Business
Voyager Electric	Business
Varying Exceptionalities	Community
Vintage Elkhart	Community
Value Education	Community
Virtual Environment	Computing
Virtual Entity	Computing
Varied Edition	General
The Vacuum Expectation	General
Verbal Elements	General
The Visualization Environment	General
Validities Equal	General
Vomit Edition	General
Value Expression	General
Vedvarende Energi	General
Video Editting	General
Voices Of Euphonious	General
Verbal Expression	General
Very Exciting	General
Vertex Edge	General
Vector Equilibrium	General
Vital Edge	General
Vertical Exaggeration	General
Victor Emanuel	General
Verbose Execution	General
The Vacuum Expecta	General
Verbose Error	General
Very Emotional	General
Vaccine Efficacy	Governmental
Verbal	Governmental
Video Enhanced	Governmental
Vote Exchange	Governmental
Vernitron	Governmental
Venezia (Provence)	International
Volunteer Examiner	Jobs
Volunteer Experience	Jobs
Volumetric Efficiency	Medical
Minute Ventilation	Medical
Vaginal examination	Medical
Vaginal examination (manual examination)	Medical
Vaccine Effectiveness -- Used in Latest CDC reports on CoViD vaccines.	Medical
Victory In Europe	Military and Defence
Vertical Error	Military and Defence
Virtual Ethernet	Networking
Visalia Electric Railroad	Regional
Venda	Regional
Value Edition	Softwares
Virtual Edition	Softwares
Variable Edition	Softwares
Equivalent Velocity	Space Science
Value Engineering	Space Science
Vehicle Engineering	Space Science