Title
EOQ principle analysis of benefit consistency of supply and demand based on comprehensive cost of quality.
Abstract
This paper presents a conceptual framework for economics of quality (EOQ) principle analysis based on comprehensive cost of quality (CCQ) which improved the traditional cost of quality (COQ) model. Firstly, the paper establishes the CCQ model. Then, relationship schemes between quality level and relevant costs are given. At last, the value engineering is introduced into the process of EOQ principle analysis and the mathematical model of EOQ principle analysis is established by compositing the value orientation from both enterprise and customer. The most appropriate quality level interval can be gotten by the EOQ model which is helpful for enterprises to select the most suitable quality level in market competition environment, and maximise revenue for both sides of supply and demand. Copyright © 2012 Inderscience Enterprises Ltd.
Year
DOI
Venue
2012
10.1504/IJMTM.2012.048703
IJMTM
Keywords
Field
DocType
ccq,comprehensive cost of quality,coq,cost of quality,economics of quality,eoq,the most appropriate quality level interval,ve
Revenue,Relevant cost,Quality costs,Economics,Economic order quantity,Value engineering,Supply and demand,Conceptual framework,Compositing,Operations management
Journal
Volume
Issue
Citations 
25
4
0
PageRank 
References 
Authors
0.34
0
5
Name
Order
Citations
PageRank
Yanlong Cao1294.08
Kui Zhao201.35
Jiangxin Yang3407.68
Jiayan Guan400.34
Bo Li510.76