Cost of quality is the cost that an organization incurs to prevent poor quality or to prevent internal or external failures related to a product or service. In other words, it is the cost of ensuring that the product or service will not fail when it goes out.
When a product is designed it involves the acquisition of a high level of product knowledge with all possible faults that the product manager wants to remove before the product is launched. All the costs to assure the quality and functionality of the product like testing, safety, etc are included in the cost of quality.
A number of terms relating to the cost of quality and quality
The following table lists all costs of quality incurred by Sam’s Surf
In an agreement between a supplier and a customer, the supplier
In the situation described in Question 2, what would be the
The cost of performing inspection sampling moves inversely to the cost of
The quality assurance department at Malcomb Products must either inspect each part
A number of terms relating to the cost of quality and quality
Balfore Office makes metal five-drawer desks and, occasionally,
Wainwright Corporation manufactures auto parts for two leading Japanese automakers. Nancy
News Technology, Inc., manufactures computerized laser printing equipment used by
