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Product Short Description

1. Quality Cost of TQM
2. Various Costs of TQM
3. Framework of TQM Costs

This poster talks about the various costs involved in TQM. It talks about the cost of prevention where all the documentation, training and control comes in. the cost of appraisal where in the installation, inspection and tests are carried out. The internal failure cost that includes the repair of scraps, detection of failure analysis etc. and the cost of external failure which is due to recall, loss of sales etc. hence this is the entire framework of costs included in TQM.

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