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What is Cost of Quality Analysis and Models about?

Cost of quality refers to the costs associated with preventing poor quality and the costs incurred due to poor quality. It includes appraisal costs like inspection, preventive costs like training, and failure costs from internal defects and external customer issues. Tracking cost of quality helps identify quality problems and opportunities for improvement to reduce costs and increase profits. Common tools for analyzing quality issues include control charts, Pareto diagrams, cause-and-effect diagrams, check

Author

sonaleader

Language

EN