Choose Index below for a list of all words and phrases defined in this glossary.
Quality Lever - this concept demonstrates that the earlier in the manufacturing process a quality correction or improvement is made, the greater the payoff - both in fixing the process and in reducing the costs. Theoretically, an investment in product engineering quality will give you a payback of 100:1 by the time your product is shipped. At the manufacturing engineering stage investment will have a payback of 10:1 greater than those made at final inspection.
[Category=Quality ]
Source: The Quality Portal, 19 April 2011 11:15:37, http://thequalityportal.com/glossary/l.htm
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