PRICE OF NON QUALITY (PONQ)


Meaning of PRICE OF NON QUALITY (PONQ) in English

what it costs to do things wrong, resulting in losses such as time, money and opportunity. An equation for estimating PONQ is: the amount of time required to fix a defect x the number of defects x the hourly wage rate (fully burdened with overhead, overtime, benefits, etc.).

Raynet Business and Marketing English glossary.      Английский глоссарий компании Raynet Business and Marketing .