Acceptance sampling is a statistical procedure utilized in quality control that involves testing a batch of data to determine if the proportion of units having a particular attribute exceeds a given percentage.
A commentary by one appraiser on the appraisal report prepared by another appraiser, often completed to ensure accuracy and compliance with relevant standards.
The total costs incurred to ensure good quality or rectify poor quality. By enhancing quality, managers can reduce costs and boost profits. These costs are categorized into prevention, appraisal, internal failure, and external failure costs.
An in-depth analysis of internal control features within an organization, specifically designed to evaluate their effectiveness and compliance.
A statistical method used in auditing and quality control to ensure that the proportion of units with a particular attribute (such as an error) does not exceed a predefined threshold in a population.
Failure analysis is the systematic examination of a function, project, or relationship that did not meet its objectives to identify the reasons for the failure and implement corrective measures for future success.
Inspection refers to the physical scrutinizing review of goods, property, or documents. It is commonly required in various domains such as real estate, customs, and quality control to ensure compliance, assess conditions, and verify legal documents.
Internal Failure Costs are expenses associated with defects that are detected before a product or service is delivered to the customer. They are part of the broader category known as the Cost of Quality.
Irregulars refer to goods that fail to meet manufacturing specifications, often affecting appearance but not usability. These products are typically sold at a discount due to their imperfections.
A merchandise allowance is a sum of money provided or allowed for merchandise returned due to poor quality or overstocking.
Production control involves planning, routing, scheduling, dispatching, and inspecting the operations or items being manufactured to ensure efficiency and quality in the production process.
A punch list is an enumeration of items that need to be corrected, including repairs, adjustments, or other modifications, which are often identified prior to or after the sale of a machine or building.
Quality Control (QC) is the process of ensuring that products are manufactured to consistently high standards of quality. This often involves inspecting goods at various points in their manufacture using either human or machine resources.
A receiving clerk plays a crucial role in a firm's logistics by inspecting, verifying, and recording all incoming goods to ensure accurate inventory management and quality control.
A Rectification Note is a form issued to the production department of an organization, detailing the requirements to rework or rectify a piece of work.
A supervisory check on work performance or product quality conducted at random intervals to ensure a high level of performance and quality.
Statistical Process Control (SPC) is a method used to monitor, control, and improve the quality of production processes through the use of statistical charts. The primary goal is to ensure that products are produced correctly the first time, maintaining high-quality assurance standards.
Total Quality Management (TQM) is an organizational approach that seeks to improve quality and performance to meet or exceed customer expectations. Through continuous improvement, employee empowerment, and systematic process analysis, TQM aims to enhance the overall operational efficiency and customer satisfaction.
The Weakest Link Theory states that the reliability of a system is determined by its weakest component. The entire system or process can only be as strong as its weakest link.
