In the previous topic we talked about the Cost of Quality. 2
There we look at the Prevention Cost, Appraisal Cost and Failure Cost. 3
Those were helpful in saving money in making your organization competitive. 4
Another way to look at that is looking at your waste, where you waste the money, where you waste your 5
time, money, resources. 6
If you look at that and save some money from that that also will help your organization in becoming 7
more competitive. When it comes to waste 8
let's look at some of the philosophies which we need to look at when it comes to waste.