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Quality Improvement Under Budgetary and Life-Cycle Constraints

Summary: [This abstract is based on the authors' abstract.] The cost of quality improvement is a major consideration for companies that have budgetary constraints, produce limited amounts of product, or have a product that is late in the product life cycle. A cost/savings model based on the Taguchi loss function is proposed to address the question of how much these companies should spend on process improvement with respect to improvement in process capability.

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  • Topics: Process Capability
  • Keywords: Process capability studies,Taguchi method,Cost-benefit analysis,Quality improvement (QI),Cost modeling,Loss functions
  • Author: Neureuther, Brian D.; Kenyon, George N.
  • Journal: Quality Management Journal