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Cost Accounting For Dummies by Kenneth Boyd

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Chapter 19

Quality: Building a Better Mousetrap

In This Chapter

arrow Considering the cost of delivering a quality product

arrow Changing production to improve quality

arrow Measuring customer satisfaction

arrow Reducing production time and delivery time

arrow Using time to differentiate from the competition

You can use cost accounting to improve your performance in delivering a quality product in a timely manner. Quality is a necessity — not a luxury — as technology now allows customers to research online how companies perform. They can post complaints, too. If your product is defective, word will get around. Also, customers don’t like to wait. If you don’t get your product to the client quickly enough, the client might tell his or her friends about the negative experience (or, for that matter, post the complaint on Amazon or Facebook).

This chapter addresses quality issues in a business. Assume that you manage a business — and you’re concerned about quality. You consider how to measure quality. You look at ...

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