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Toyota assesses quality costs: Prevention ($1,500,000), Appraisal ($1,000,000), Internal failure ($800,000), External failure ($600,000). Requirements: Classify quality costs by cost category. Calculate the cost of

  1. Toyota assesses quality costs: Prevention ($1,500,000), Appraisal ($1,000,000), Internal failure ($800,000), External failure ($600,000).
    • Requirements:
      • Classify quality costs by cost category.
      • Calculate the cost of poor quality as a percentage of sales.
      • Prepare a quality cost analysis report.
      • Recommend strategies to reduce quality costs and improve overall quality performance.
      • Evaluate the impact of quality cost management on customer satisfaction and brand reputation.

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