Question: Customers are perceiving standards for their various purchases and knowledge about the products are nowadays increasing a lot. With respect to the statement as discussed
Customers are perceiving standards for their various purchases and knowledge about the products are nowadays increasing a lot.
With respect to the statement as discussed above relate the followings items under their respective categories as per quality cost and TOC with necessary explanations:
1. Raw material for stock
2.Rent/ Utilities
3. Items under finished goods inventories
4.Office building and factory machineries
5. Sales and raw material for production
6.Development costs
7.Product sales
8. Cost of rejected units
9. Correction made to a statement
10. Unplanned replacement and lost profit from poor review
11.Wastage reprocessing
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Here is the categorization of the items under quality cost and TOC with explanations Quality Cost 1 ... View full answer
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