A series of tables tracks time costs as they were defined in a worksheet used for defining labor costs, and adds them to the cost of Engineering Review, rework, replacing items on warranty and scrap costs.
This tool can be used to estimate the cost of risk types based on reproducing the product or service plus the needed customer interventions. This information can be included in the considerations for deciding your response to identified risks.
If you want to track the cost savings of one recurring problem, you can use the totals to assess Return on Investment (ROI).
Hello and Welcome to The Quality Forum Online...Continuing in the spirit of People Helping People !
Quality Cost Calculator 2016-01-26
Add up costs of poor quality, estimate ROI of interventions or risks