EVALUATING ALTERNATIVE PROCEDURES FOR QUALITY ASSESSMENT AT A SMALL PRECISON TOOLS MANUFACTURER TO SELECT THE OPTIMAL APPROACH TO QUALITY ASSESSMENT Topic Page
Abstract ............................................. 1
Defining the Problem ................................. 1
Background, Data, and Data Sources ................... 3
Formulating the Analytical Model ..................... 4
Solution ............................................. 5
References ........................................... 9
The objective of this study was to assess three alternative approaches to quality assessment for a small manufacturer of precision tools. The purpose of the assessment was to provide the manufacturer with the data required to facilitate a decision on the quality assessment procedure to implement. Quantitative analysis performed with the Minitab application program determined that a non-traditional approach to quality assessment would yield the lowest product item defect rates on a consistent basis.
The globalization of economic activity has created increased competitive pressures for manufacturers of precision tools in the developed countries, as manufacturers in less developed countries are able to develop a competitive advantage in relation to pricing. The competition from precision tool manufacturers in the lower-wage countries is especially difficult f
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