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Question
What is the cost of quality? 

 Question Submitted By :: Suresh
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is the cost of quality?
Answer
# 1
You can say that cost of quality is the combination of
Prevention Cost + Appraisal Cost + Failure Cost
 
Is This Answer Correct ?    5 Yes 0 No
Suresh
 
  Re: What is the cost of quality?
Answer
# 2
Cost of quality is a term that is used to quantify the 
total cost of failure,apprisal and prevention cost 
assosiated with production of cost. This cost component is 
called cost of quality.

Cost of production = RTF + Cost of quality

RTF(Right the first time cost) = cost of 
labour,material,tools,

cost of quality = Failure cost,Appraisal cost,prevention 
cost.
 
Is This Answer Correct ?    4 Yes 0 No
Rajaselvan
 
 
 

 
 
 
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