control costs

control costs

the costs to a firm of avoiding making defective products. Control costs fall into two main categories. First prevention costs, which are the costs of pre-production activities aimed at preventing defects. Prevention costs include costs of preparing quality manuals and procedures, training, process planning and collecting data about product quality Second, appraisal costs, which are the costs of eliminating defects after they occur but before products reach the customer. These costs include final goods inspection, inspection during the production process, and laboratory testing. See QUALITY COSTS, QUALITY CONTROL, NORMAL CURVE.
References in periodicals archive ?
Contract notice: amo to set up an approach to optimize management methods and control costs. reference number: 18/132
6, 2018 (HealthDay News) -- Hospitals receiving bundled payments are reducing skilled nursing facility (SNF) use and improving care integration to improve quality and control costs, according to a report published in the August issue of Health Affairs.
Net revenues shrank by 24 per cent, and distribution expenses shrank by 49pc as the food giant sought to control costs amid rising competition.
A filing with bondholders, attributed a $10.1 million surplus--before restructuring costs--to growth in patient sendees, including surgical cases, inpatient discharges and patient appointments, as well as efforts to control costs. With $17.7 million in restructuring costs included, D-H is in the red for the year.
Although the UK North Sea is experiencing its highest level of investment, with around PS14bn worth of projects planned or in progress, there is a drive by operators and lead contractors to control costs.
And without a seri-ous effort to control costs, we will face another crisis -- exacerbation of a two-tiered health care system.
As FM companies have looked to control costs over the last few years one theme has been fairly consistent; that of worker efficiency.
She said the utility had "a lot of opportunities" to control costs.
Australia & New Zealand Banking Group Limited (NYSE: ANZ) (ANZ.AX) (OTC: ANZBY), the country's third-largest lender by value, is planning to cap pay increases for the bank's 900 executives and managers as part of efforts control costs, Dow Jones has reported, citing an internal memo.
The Web site was mandated as part of the state's healthcare reform initiative as a measure to help control costs and improve quality of care, Dr.
Serious efforts to control costs cannot fail to be distasteful.
The Institute for Policy Studies and Essential Action's study is titled "High Flyers: How Private Jet Travel Is Straining the System, Warming the Planet, and Costing You Money." The study found that private planes pollute more than commercial jetliners but do not pay for emissions or for their share of air traffic control costs. Jun 25, 2008