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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

image text in transcribedCan 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 19,000

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