Quality Cost Report Definition: A report that details appraisal cost, prevention cost, internal failure cost, and external failure cost. Click here to read a detailed article about quality cost report.
internal failure cost
Internal Failure Cost Definition these internal costs are detected through the firm’s inspection and appraisal activities and may include costs of rework, scrapping of rejected products and downtime caused by quality problems.
Distribution of Quality Costs/Quality Cost Report: Learning objectives of this article: Prepare and interpret a quality cost report. How to Distribute Quality Costs? A company’s total quality cost is likely to be very high unless management gives this area special attention. Experts say that