Quality assurance and quality control are two aspects of quality management. While some quality assurance and quality control activities are interrelated, the two are defined differently. Typically, QA activities and responsibilities cover virtually all of the quality system in one fashion or another, while QC is a subset of the QA…[Read more]

What is Quality?
Quality refers to the degree of excellence or superiority of something. It is a measure of how well a product, service, or process meets or exceeds customer expectations and requirements. Quality can be subjective and may vary depending on the context and the perspective of the individuals…[Read more]

What is the difference between EOQ and EOP?

Economic order quantity (EOQ) is the best amount a company should buy to keep inventory costs as low as possible. These costs include the expenses of not having enough stock and the cost of holding onto excess stock. The main goal of EOQ is to save money. On the other hand, EOP is a term used in…[Read more]