Showing 61 - 70 of 1,698
Purpose – The purpose of this paper is to investigate the impact of costs of quality on the present worth (PW) of a new product launch at a North American automobile manufacturer. Design/methodology/approach – The paper is based on the examination of various cash flows associated with a new...
Persistent link: https://www.econbiz.de/10014801927
Purpose – The purpose of this article is to introduce a novel cost of quality (COQ) decision support model (DSM), which can help management to track the effect of changing each incorporated value added (VA) and non‐value added (NVA) activity on each other's cost as well as on the quality...
Persistent link: https://www.econbiz.de/10014802362
The aim of this paper is to determine the quality costs in ISO‐9000‐certified business organisations deriving from the application of the standards. In the beginning, the quality costs in implementing ISO‐9000 are investigated. The importance of the quality cost system is emphasised. Then,...
Persistent link: https://www.econbiz.de/10014928711
Rework has become an endemic feature of the procurement process in construction, which invariably leads to time and cost overruns in projects. Thus, in order to improve the performance of projects it is necessary to identify the causes and costs of rework. The research presented in this paper...
Persistent link: https://www.econbiz.de/10014928795
Juran defined the basic quality problem as “to strike the optimum balance between cost of quality and value of quality for each quality characteristic and to do so in the lower levels of organisation”, explaining that increased conformance reduces the losses which are due to defectives but...
Persistent link: https://www.econbiz.de/10014928796
Purpose The purpose of this paper is to critically examine existing models for cost of quality. Having identified issues and limitations of historic models, develop and implement a novel, structured hybrid cost of quality model to identify and effectively manage cost of company’s product....
Persistent link: https://www.econbiz.de/10014931511
There can be little doubt that Six Sigma is far more than just another novelty concept, and can be regarded as a major innovation in terms of the management of quality throughout a business. A rapidly increasing number of companies, from all industries and of all sizes, are now almost...
Persistent link: https://www.econbiz.de/10015009748
Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places...
Persistent link: https://www.econbiz.de/10015013295
Purpose – Today substantial investments are made to improve the bottom line and cost of quality (CoQ) is a tool that identifies weaker areas where these investments should be directed. In literature, the authors find various CoQ models and their applications but it is deficient in providing a...
Persistent link: https://www.econbiz.de/10015032087
Identifies potential barriers and problems involved in carrying out a quality costing evaluation. Examines the reasons for quality costing and what kind of costing systems needs to be set up. Provides a case study of one organization′s quality costing evaluation, which has been correctly...
Persistent link: https://www.econbiz.de/10015033274