The implied cost models of TQM are quite similar to those used in the traditional approach to
quality

Question

Quizplus · Accepted Answer

The implied cost models of TQM are different from those used in the traditional approach to quality. TQM emphasizes the prevention of defects and the reduction of waste, which can result in higher initial costs but ultimately leads to lower costs in the long run. Traditional approaches to quality focus more on detecting and correcting defects, which can result in lower initial costs but higher costs over time due to rework, scrap, and customer complaints.

The Implied Cost Models of TQM Are Quite Similar to Those