How better quality affects pricing
Article Abstract:
Better production quality increases the maximum potential price and decreases the unit production cost as for more valuable combinations of features customer are willing to pay higher price. Better quality improves pricing options enabling companies to immediately reap gains from superior pricing options.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 2004
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Six Sigma and the bottom line
Article Abstract:
The economic structure and advantages of Six Sigma, Black Belts (BBs) and Green Belts (GBs) in ensuring quality are explained. The economic consequence of Six Sigma in relation to a company's overall cost structure and revenues are assessed.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 2004
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What are quality reputations worth?
Article Abstract:
An economic perspective of quality, which in its broad approach can lead to higher revenue, apart from reduced production costs, is presented.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 2006
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