Determine your most significant cost categories

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You've been hired as a Quality Analyst for the Good Read Printing Company, a company that specializes in printing a wide variety of text and casual reading books. They've had diffculty creating a profit and so you've collected the following data. Sort these Cost Elements into their appropriate quality cost category and prepare a Pie Chart to show to upper management. Determine your most significant cost categories and create a short memo with recommendations. Cost Element Amount Customer complaint remakes $24,300 Printing plate revisions 25,200 Quality improvement projects 11,700 Gauging 90,000 Other waste 34,200 Correction of typographical errors 189,000 Proofreading 405,000 Quality planning 50,400 Press downtime 256,400 Bindery waste 45,900 Checking and inspection 37,800 Totals $1,169,900.

Reference no: EM132216561

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