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Joseph Juran said that the language of management is money and to address that issue proposed examining the component elements of total quality costs, which

Joseph Juran said that "the language of management is money" and to address that issue proposed examining the component elements of total quality costs, which he defined as:
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Identifying the optimum quality level
Losses due to poor quality
losses due to poor quality PLUS the costs of improving quality
costs of improving qulaity

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