Cost of Quality
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Briefly list and describe the various aspects of the cost of quality.
Discuss how the cost of quality might be different in some aspects for a service organization compared to a manufacturing organization.
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This solution of 253 words describes the cost of quality concept and gives examples.
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Cost of quality is the cost of NOT creating a quality product or service. It is not the price of creating a quality product or service. This is an important distinction. When work has to be redone because it isn't done right the first time, the cost of quality increases. There are some obvious examples: the remanufacturing of an item, the retesting of an assembly line, the ...
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