![Sample our Engineering & Technology journals, sign in here to start your access, latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5933/TOC-Subject-Sample-2021-Engineering-Tech.jpg"})
Abstract
An increasingly comprehensive understanding of the costs associated with quality (good or bad) has been a driving force behind the rising emphasis on total quality management. Descriptions of these costs, however, have not previously included the costs of inventory. The relationship between quality and inventory is explored in this paper and an approach for estimating the inventory dollar costs due to poor quality is described.