Decision category
Quality decisions
Scrap cost, cost of poor quality, and defect reduction decisions.
- Scrap Cost Decision Prices annual scrap and rework cost from defect rate, volume, and unit cost.
- Cost of Poor Quality Expand scrap cost into the full Prevention-Appraisal-Failure total and price a target defect-rate improvement.
- Defect Reduction ROI Prices the ROI and payback period of a defect-reduction improvement program.
- Quality Gate Placement Comparator Compare inspecting early versus late in a process on total quality cost, once the downstream cost of a late-caught defect is priced in, not…