Journal of Engineering Education Transformations

R. P. Mohanty ¹, M. K. Tiwari ²

Affiliations
1 Institute for Technology and Management Group of Institutions, Navi Mumbai, IN
2 Department of Forge Technology, National Institute of Foundry and Forge Technology, Ranchi, IN

Abstract

In this paper. the authors have carried out an extensive study to review the literatures documented so far by numerous researchers in the area of quality cost. The various approaches used to categorize the quality cost and some of the models of quality costs are discussed. The total quality cost as a percentage of some bases. directly sensitive to fluctuations in business. will give more exact picture of the situation. Various bases used by different authors in priority are found out. The paper aims at spreading the simple message that we need to think about investing in quality in terms oj costs (societal resources) to enhance incomes. If any enterprise has a poor quality level. an initial investment in quality will surely lower the operational cost in the long run and will transform the poor quality producer into a high quality provider eventually building the image and multiplying revenue generation.

Keywords

Quality Cost, Quality Loss, Process Cost etc.

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R. P. Mohanty ¹

Affiliations
1 Siksha 'O' Anusandhan University, Bhubaneswar, Odisha, IN

Abstract

Engineering / Technical Education is the basic foundation of technology development and social change. The impact of technology on economy and society, is clearly visible, to all of us as global citizens.

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R. P. Mohanty

Abstract

Technical education environments across the globe are frequently described as turbulent and dynamic. Both global and national forces are driving change within and across individual countries and their higher technical education institutions.

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