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Classification of Cost of quality and determine the total amount on each category appropriately: Apex ltd has taken many proactive steps on quality improvements and
Classification of Cost of quality and determine the total amount on each category appropriately:
Apex ltd has taken many proactive steps on quality improvements and has the following activities compiled.
(I) Expediting=3,27,000
(II) Recalls=3,42,000
(III) Line Inspection=2,12,500
(IV) Litigation costs=2,90,500
(V) Reporting & recording of defects
(VI) Storing and disposing waste
(VII) Procedure verification
(VIII) Training to employees
(IX) Product testing equipment
(X) Warranty repairs
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Step: 1
To classify the costs of quality we can use the four categories of the Cost of Quality COQ framework ...
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