Skip to Content
Quantitative Analysis for Management, 13/e
book

Quantitative Analysis for Management, 13/e

by Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
January 2017
Beginner to intermediate
280 pages
217h 11m
English
Pearson
Content preview from Quantitative Analysis for Management, 13/e

15.1 Defining Quality and TQM

To some people, a high-quality product is one that is stronger, will last longer, is built heavier, and is, in general, more durable than other products. In some cases, this is a good definition of a quality product—but not always. A good circuit breaker, for example, is not one that lasts longer during periods of high current or voltage. So the quality of a product or service is the degree to which the product or service meets specifications. Increasingly, definitions of quality include an added emphasis on meeting the customer’s needs. As you can see in Table 15.1, the first and second definitions are similar to ours.

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Quantitative Finance

Quantitative Finance

Maria C. Mariani, Ionut Florescu

Publisher Resources

ISBN: 9780134543161