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Can you do all two of the requirements, thank you Craig, Inc. manufactures door panels. Suppose Craig is considering spending the following amounts on a
Can you do all two of the requirements, thank you
Craig, Inc. manufactures door panels. Suppose Craig is considering spending the following amounts on a new total quality management (TQM) program: (Click the icon to view the information.) Craig expects the new program would save costs through the following: (Click the icon to view the information.) Read the requirements. Requirement 1. Classify each cost as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. Requirements Cost Type of Quality Cost Strength-testing one item from each batch of panels 1. Classify each cost as a prevention cost, an appraisal cost, an internal failure cost, or an external failure cost. 2. Should Craig implement the new quality program? Give your reason. i Data Table Print Done $ 65,000 21,000 i Strength-testing one item from each batch of panels Training employees in TQM Training suppliers in TQM Identifying suppliers who commit to on-time delivery of perfect quality materials Data Table 35,000 53,000 $ 95,000 Print Done 66,000 Avoid lost profits from lost sales due to disappointed customers Avoid rework and spoilage Avoid inspection of raw materials Avoid warranty costs 54,000 19,000Step by Step Solution
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