Loading...
 

Quality-To-Cost-Ratio

Definition:

A ratio of the design-impacted Quality improvements, to the design costs to get them.

Alternative Names

Concept Number: *010
English Master: Quality To Cost Ratio
Synonyms, Variations & Acronyms: Quality-Cost-Ratio Performance-To-Cost-Ratio
Performance-Efficiency

Detailing

Rationale: Such ratios allow comparison of different Design-Ideas.


Illustrations

none


Type

Design-Metric

Domain: Engineering-Design-Analysis-Metrics-Q-to-C-Ratio


Examples

In Planguage we differ from conventional usage of this term in that:

• we assume that both Product-Values and costs can be expressed numerically as Requirements, and Design-Ideas can be estimated for Impacts in terms of multiple measures of Product-Values and of costs

• any useful set of one or more Attributes can be chosen at any time to represent an interesting set of Product-Values or costs

• the costs are any Idea of Resources, and not limited to financial costs


Notes

Abbreviation: Q/C ratio.


Keyed-Icons

none


Drawn-Icons

none


• Performance-to-Cost ratio can be used when any of the factors are Quantifiers or savings, and not just Quality.

• Similarly valid: Quantifier-to-Cost-Ratio, Savings-to-Cost-Ratio.

• Popularly (USA) “Bang for the buck”.


History-of-Concept

none









This Concept entered by Diane O'Brien.

Created by system. Last Modification: Thursday 11 of July, 2019 19:11:38 CEST by Admin (Kai).

Concept Search