Kraft: Cost of Quality
Not what you're looking for?
Apply the concept of the cost of quality to Kraft Foods. Do research on Kraft P3 (Protein)product line. Discuss how the company utilizes the cost of quality concept.
Find relevant and recent information about Kraft Foods company. The quality problems it's experiencing, the costs of poor quality that occurred, or what it did to eliminate poor quality and implement good quality and the ensuing cost changes.
Purchase this Solution
Solution Summary
This solution explains cost of quality for Kraft. The sources used are also included in the 422-word solution.
Solution Preview
Step 1
The cost of quality refers to the cost of not creating a quality product or service. Any cost that would not have been expended if quality were perfect contributes to the cost of quality. From the arithmetical point of view quality costs are the sum of failing to comply with requirements, appraising the product for conformance to requirements, and investing in prevention of non conformance to requirements. Specifically, the cost of quality includes prevention costs, appraisal costs, internal failure costs, and external failure costs.
Step 2
P3 is an Oscar Mayer product from Kraft. This is a three compartment snack pack that is a combination of cheese, meat, and nut. The three compartment ...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.