Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A control chart plots measured values along with upper and lower quality control limits. Values appearing outside these limits are unacceptable and could indicate a manufacturing problem. Although ...

Quality control is a methodology employed in manufacturing to prevent defects in manufactured products. Abbreviated as QC, the method has been implemented in a number of ways each of which has its own ...

The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

Quality control, as every CPA knows, is a crucial component of an accounting practice. Yet quality control’s importance isn’t always prominently reflected in firm incentives. Firms obviously must pay ...