Retrofit costs fall under the category of _______

Retrofit costs fall under the category of _______

a) Appraisal Costs
b) Prevention Costs
c) Internal Failure Costs
d) External Failure Costs

Answer: d
Explanation: Retrofit costs fall under the category of External Failure Costs. Retrofit means to add a component or accessory to something that did not have it when it was manufactured. External Failure Costs fall under the category of Cost of Poor Quality.

More Questions on Cost of Quality

  1. Costs associated with the prevention of non-conformance to requirements is called _______
  2. Costs associated with non-conformance or the costs due to poor quality is called ______
  3. Costs associated with improving quality or cost of conformance is called _______
  4. The cost associated with NOT producing quality products or services is called ________
  5. The commonly used techniques for measuring quality costs are __________
  6. Which of the following describes best Juran’s model of optimum quality costs?
  7. Which of the following does not fall under the category of Hidden Costs?
  8. What is the other name of intangible costs?
  9. Quality cost per unit of production is called _______
  10. Quality cost per rupee of net sales is called _______

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