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VVVcosts ( including the opportunity cost of lost sales because of poor quality ) can be as much as 1 0 % to 2 0

VVVcosts(including the opportunity cost of lost sales because of poor quality) can be as much as10% to20% of sales revenues of many organizations. Quality-improvement programs can result in substantial cost savings and
higher
lower
revenues and market share from
decreased
increased
customer satisfaction.

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