Difference between revisions of "Cost of poor quality"

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:[[Cost of poor quality]] ([[COPQ]]). The costs that would disappear in the organization if all failures were removed from a product, service, or process; typically measures of a percent of sales or total costs.
 
:[[Cost of poor quality]] ([[COPQ]]). The costs that would disappear in the organization if all failures were removed from a product, service, or process; typically measures of a percent of sales or total costs.
  
[[Category: Economics]][[Category: Articles]]
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[[Category: Quality Management]][[Category: Articles]]

Revision as of 16:15, 3 July 2020

Cost of poor quality (COPQ) is the costs that would disappear in the organization if all failures were removed from a product, service, or process; typically measures of a percent of sales or total costs.

Definition

According to Macroeconomics by Mankiw (7th edition),

Cost of poor quality (COPQ). The costs that would disappear in the organization if all failures were removed from a product, service, or process; typically measures of a percent of sales or total costs.

According to Juran's Quality Handbook by Defeo (7th edition),

Cost of poor quality (COPQ). The costs that would disappear in the organization if all failures were removed from a product, service, or process; typically measures of a percent of sales or total costs.