Material requirements plus an allowance for normal inefficiencies are added together to determine the Quantity Standard
What are quality standards ?
Quality standards are sets of good management practices, methods, systems, requirements, and/or specifications established by industry advisory groups to help manufacturers achieve and demonstrate consistent production and product quality.
A quality standard is a detail of the requirements, specifications, the various guidelines and characteristics to be able to meet its quality by the product in order to meet the purpose of the product, process or the service. ISO international standards are the most widely accepted set of quality standards adopted by majority of firms across countries. In case if a company fails to meet its quality standards
Advantages of Quality Standards :
Advantages of having quality standards in a manufacturing company are:
1. It helps save costs & improves productivity.
2. Increases customer satisfaction with high quality products & services.
3. Sets minimums standards of quality for processes, products & services.
4. Maintaining quality standards increases safety of workers.
5. Good communication enables smooth flow of operations & avoid mistake repetition.
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