2.3.3 Managing Quality Flashcards
What is just-in-time stock?
J.I.T is receiving stock from suplliers just before it is needed.
What does “managing quality” mean?
Managing quality means constantly pursuing excellence: making sure that what your organisation does is fit for purpose, and not only stays that way, but keeps improving.
What does “quality control” mean?
Quality control is a process by which entities review the quality of all factors involved in production
Advantage of quality control?
Improved product quality
Disadvantage of quality control?
High cost
What does “quality assurance” mean?
The maintenance of a desired level of quality in a service or product, especially by means of attention to every stage of the process of delivery or production.
Advantage of quality assurance?
Less maintenance cost: Thorough testing during development reduces maintenance needs.
Disadvantage of quality assurance?
High initial investment in resources and training
What does “Business culture” mean?
Business culture refers to the combination of shared core values and practices in a company
What is a warranty?
A warranty is a guarantee or promise made by a manufacturer or similar party regarding the condition of their product.