Quality costs
id:
quality-costs-295-189992
title:
Quality costs
text:
In process improvement efforts, quality costs tite or cost of quality is a means to quantify the total cost of quality-related efforts and deficiencies. It was first described by Armand V. Feigenbaum in a 1956 Harvard Business Review article. Prior to its introduction, the general perception was that higher quality requires higher costs, either by buying better materials or machines or by hiring more labor. Furthermore, while cost accounting had evolved to categorize financial transactions into
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Quality_costs
date created:
date modified:
2024-03-22T13:39:58Z
main entity:
{"identifier":"Q1514470","url":"https://www.wikidata.org/entity/Q1514470"}
image:
fields total:
13
integrity:
13