Level of Acceptable Quality
Not what you're looking for?
You have just been put in charge of a product line or service. Your boss wants you to establish the level of quality performance you would find acceptable as a percentage of total items produced or serviced by your department.
1. What factors would you consider before setting the percentage of acceptable quality?
2. Pick a percentage ranging from 90.0% to 99.9% and explain why you picked that percentage.
Purchase this Solution
Solution Summary
The solution considers what level of quality is acceptable for a manufacturer.
Solution Preview
1. I would consider many things including the current level of quality, the cost of increasing the quality to differing levels, the industry standards (what are my competitors doing), the amount of training and/or retooling required to bring quality levels up to the new standard, and what my customers expect.
For example, the cost of increasing quality including retooling, training, adding capacity, etc. generally creates exponentially decreasing levels of increased quality returns. An ...
Purchase this Solution
Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.