The Cost of Quality Measure Has All of the Following

question 102

Multiple Choice

The cost of quality measure has all of the following advantages EXCEPT:

• A)being in existence in almost every production circumstance.
• B)being a useful measure of comparing different quality improvement projects.
• C)focusing on how costly poor quality can be.
• D)serving as a common denominator for evaluating trade-offs among prevention and failure costs.

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Definitions:

Transformation

A broad term that can refer to a change or alteration in form, appearance, structure, or character, often used in various contexts including mathematics, technology, and social change.

Opportunity Cost

Spurning possible enhancements from different opportunities by electing a specific option.

New Capital

Funds or assets newly invested for the purpose of generating additional income or growth.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.