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COST OF QUALITY AND TAGUCHI LOSS FUNCTION

By Dobrin Cosmin and Stanciuc Ana-Maria

Abstract

An organization must take into account the costs associated with achieving quality because one of the important objective of continuous improvement programs is to meet customer requirements at the lowest possible cost. Hence, an organization needs to adopt framework to classify costs and to focus on existing cost of quality (CoQ) models. The objective of this paper is to give a survey of research literature and models on the topic of CoQ and to provide a basic understanding of quality costs

Topics: Quality Costs , Cost of Poor Quality, Cot of Good Quality, The Taguchi Quality Loss Function., Social Sciences, H, Economic theory. Demography, HB1-3840, Business, HF5001-6182, Finance, HG1-9999
Publisher: University of Oradea
Year: 2013
OAI identifier: oai:doaj.org/article:772303032ed840879b4200a4ea3181f5
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