Explain the relationship between quality and costs in your own words. How does improving quality reduce costs and increase profit?

 

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Improves Performance Reliability Increases Productivity Lowers Rework and Scrap Costs Lowers Warranty Costs Lowers Manufacturing Costs Lowers Service Costs Increases Profits Improves Performance Reliability Increases Productivity Lowers Rework and Scrap Costs Lowers Warranty Costs Lowers Manufacturing Costs Lowers Service Costs Increases Profits

Answer rating: 100% (QA)

I RELATIONSHIP BETWEEN QUALITY AND COSTS iGreater cost approaches better caliber As in the model giv... View the full answer