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Given the cost information in the table below: Construct a Pareto diagram of the costs of quality and provide a verbal interpretation of the situation
Given the cost information in the table below:
Construct a Pareto diagram of the costs of quality and provide a verbal interpretation of the situation by making a recommendation to management.
Cost Category Cost Incoming inspection of materials 5 20,000 Testing laboratory 5 10,000 Warranty costs 5 60,000 Scrap 5 35,000 Re-work 5 30,000 Continuous Improvement Projects 5 10,000 Quality training S 50,000 Process design 5 20,000Step by Step Solution
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