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Showing results for tags 'cost of quality'.
Q 45. Considering the four quality costs viz, Prevention costs, Appraisal Costs, Internal Failure Costs, and External Failure Costs, one would imagine incurring some prevention + appraisal costs so as to save on others. Is there a need to strike an equilibrium between these costs? What would be your approach to reach the best scenario? What should be considered as the best scenario? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.c