Dynamics of the cost related to the large-scale production of automotive components
Dynamics of the cost related to the large-scale production of automotive components
Author(s): Cristina Diana SZOCS, Dan Constatin DumitrescuSubject(s): Economy, Business Economy / Management
Published by: Editura Politehnica
Keywords: Cost reduction; non-quality; quality costs; evaluation of non-quality; improving non-quality costs;
Summary/Abstract: Nowadays, we are aware that quality has a high price. To meet the quality level required by the client, the organization must be mindful of and understand the importance of quality costs. The idea that quality has a high price must first be considered from the point of view of the expenses with non-quality. The prime objective of this paper is to evaluate and analyze non-quality costs, establishing a procedure for collecting and assessing non-quality costs. Once the cost of non-quality is determined, the organization is given a chance to decide how to use its resources to reduce and prevent quality costs pro-actively.
Journal: Buletinul Științific al Universității Politehnica Timisoara – Seria Inginerie și Management
- Issue Year: 5/2019
- Issue No: 2
- Page Range: 13-16
- Page Count: 4
- Language: English