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  2. Quality costs - Wikipedia

    en.wikipedia.org/wiki/Quality_costs

    But inspection is never completely effective, so appraisal costs stay high as long as the failure costs stay high. The only way out of the predicament is to establish the "right" amount of prevention. Once categorized, quality costs can serve as a means to measure, analyze, budget, and predict. [8]

  3. Cost of poor quality - Wikipedia

    en.wikipedia.org/wiki/Cost_of_poor_quality

    Direct Cost (manufacturing cost) failure at supplier's site (bad) + Labor Cost (assembly and testing) + Overhead Cost (Inventory, handling, shipping costs) + Scrapping Cost (of part and attached parts assemblies: Sometimes assemblies cannot be disassembled and have to be scrapped altogether) + Rework (applying a new part instead)

  4. Failure analysis - Wikipedia

    en.wikipedia.org/wiki/Failure_analysis

    Failure analysis is the process of collecting and analyzing data to determine the cause of a failure, often with the goal of determining corrective actions or liability. According to Bloch and Geitner, ”machinery failures reveal a reaction chain of cause and effect… usually a deficiency commonly referred to as the symptom…”. [ 1 ]

  5. Zero Defects - Wikipedia

    en.wikipedia.org/wiki/Zero_Defects

    Prevention, in the form of "pledging ourselves to make a constant conscious effort to do our jobs right the first time", is the only way to guarantee zero defects. Beyond that, examining the production process for steps where defects can occur and mistake proofing them contributes to defect-free production.

  6. Quality management - Wikipedia

    en.wikipedia.org/wiki/Quality_management

    From this period onwards, North American companies focused predominantly on production against lower cost with increased efficiency. Walter A. Shewhart made a major step in the evolution towards quality management by creating a method for quality control for production, using statistical methods, first proposed in 1924. This became the ...

  7. If college football coaches want transfer portal fix, how ...

    www.aol.com/college-football-coaches-want...

    Some problems feature no easy solution. Call them a sticky wicket, a wicked problem, or the Riemann hypothesis. Or, college football’s transfer portal windows. Coaches from Steve Sarkisian of ...

  8. MadeGood granola bars recalled because they could contain metal

    www.aol.com/madegood-granola-bars-recalled...

    Recalled MadeGood granola bars were sold across the U.S. and internationally, according to food maker.

  9. Is the stock market open or closed on Black Friday? See ... - AOL

    www.aol.com/stock-market-open-closed-black...

    Here's what you need to know about whether U.S. stock markets will be open or closed on Black Friday this year.