Price of Nonconformance - How is Price of Nonconformance abbreviated?
PONC (redirected from Price of Nonconformance)
|PONC||Princess of North Carolina (Goldsboro, NC)|
|PONC||Price of Nonconformance|
|PONC||post-otic neural crest|
|PONC||Position Orientated Navigation Code (Ireland alternative to post codes)|
References in periodicals archive
Called the Price of Nonconformance
(PONC), these costs can include fairly obvious factors, such as disposal of product that is out of specification.
Adding the price of conformance to the ideal (POC) and the price of nonconformance
(PONC) yields the total cost of quality.
Especially when you consider that the price of nonconformance
to requirements can run as high as 25-40% of total sales.
The measurement of quality is the price of nonconformance
, not indices.