An increase in prevention costs will often reduce a firm's overall costs of quality.

Name: An increase in prevention costs will often reduce a firm's overall costs of quality.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Prevention costs are incurred to prevent defects from occurring in the first place. By investing in prevention, firms can reduce the incidence of defects and therefore reduce the costs associated with scrap, rework, and customer complaints. This can lead to a reduction in a firm's overall costs of quality.

An Increase in Prevention Costs Will Often Reduce a Firm's