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Quality Cost Report
A document summarizing the costs of quality activities, including prevention, appraisal, and failure costs.
In-Process Goods
Items that are currently in the production process but not yet completed.
External Failure Cost
Expenses incurred from products not meeting quality criteria post-delivery, encompassing returns, repairs, and warranty filings.
Quality Cost Report
A quality cost report is a financial analysis detailing the costs associated with preventing, detecting, and correcting defective work in a company.
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