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Maneet Rehal
on Nov 19, 2024

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To minimize its total quality costs, a company should usually try to redistribute its quality costs more toward prevention and appraisal.

Quality Costs

Expenses associated with preventing, detecting, and correcting defective work, including costs of inspections, tests, and warranties.

Prevention

Measures or actions taken to reduce the risk of errors, defects, or damages in a production process or operation.

Appraisal

An evaluation, usually by an expert, to determine the value of a property or asset.

  • Comprehend the segments and relevance of quality cost reports, along with familiarity with the various categories of quality costs (prevention, appraisal, internal failure, and external failure).
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Terry RobertsNov 19, 2024
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