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To learn all terms in Quality, Lean, and Six Sigma visit: https://vijaysabale.co/join Hello Friends, In this video, you will learn the cost of poor quality (COPQ) one of the most important concepts in Quality, Lean, and Six Sigma with practical examples. If you want to learn all the basic terms in Quality, Lean, and Six Sigma as well as Career Growth Foundations, then visit at: https://vijaysabale.co/blueprint The Quality costs are the categories that are associated with: Producing, Identifying, Avoiding, and Repairing products that do not meet requirements. In this video, you will learn COPQ in detail with the help of Examples including: ✔ Introduction ✔ Cost of Poor Quality (COPQ) Meaning ✔ Prevention Cost with Examples ✔ Appraisal Cost with Examples ✔ Internal Failure Cost with Examples ✔ External Failure Cost with Examples ✔ Intangible Cost with Examples ✔ Relationships between all Costs in COPQ ✔ Iceberg in COPQ ✔ The Hidden Factory I am sure you will like it. Some important links about LEARN & APPLY: 🏫 Know about LEARN & APPLY: https://www.learnandapply.org/ 🎥 Step 1- Register for my next LIVE Masterclass: https://vijaysabale.co/webinar 👨👩👦👦 Step 2- Join my community: https://vijaysabale.co/Join You can also visit our Learning Management System (LMS) 📚📖📑 to access online courses at: https://www.successfulcareerhub.com/p... 0:00 Introduction 0:38 Cost of Poor Quality (COPQ) Meaning 1:02 Prevention Cost with Examples 1:36 Appraisal Cost with Examples 2:11 Internal Failure Cost with Examples 2:37 External Failure Cost with Examples 3:00 Intangible Cost with Examples 3:22 Relationships between all Costs in COPQ 4:11 Iceberg in COPQ 4:38 The Hidden Factory Join this channel to get access to perks: / @learnandapply Thank you for watching...🙏😊 #copq #costofpoorquality #costofquality #quality #qualityconcepts #leansixsigma #successfulcareerhub #learnandapply #leansixsigmaonlinetraining #leansixsigmagreenbelt #leansixsigmablackbelt #leansixsigmatrainingandcertification