Cost Analysis and Quality Management System in a Production Work with Methodological Work Study
Keywords:
Analytical hieratical process (AHP), Cost of Quality (COQ) systems, Decision parameters, Prevention-appraisal-failure, SWOT analysis (strengths, weaknesses, opportunities, and threats)Abstract
Cost of Quality (COQ) is a metric used to gauge an organization's effectiveness. Focusing on benefits is a key goal of Cost of Quality. Discuss the machine selection that is advantageous to the company in this article. One type of description is based on a formula, while the other type is based on the AHP approach. One is a CNC machine for mechanical cutting, while the other is a CNC machine for laser cutting. Take data from actual databases, analyze the cost and quality, and then compute this data using formulae. The foundation of this entire process is market research and cutting-edge technology. This analysis aids in decision-making for any organizational machine. The organization's economics will benefit.
