The book, "Fundamentals of Quality Control and Improvement," by Amitava Mitra is a text suitable for use in university classes, but a business owner needs more concrete and practical advice that can ...

Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered on time. Good communication, sound procedures and processes, and high-tech tools can ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

An organizational structure defines how the various functions and activities, such as supervision, coordination and task allocation, are directed toward the achievement of a company's objectives. The ...

Total Quality Management (TQM) refers to management methods used to enhance quality and productivity in business organizations. TQM is a comprehensive management approach that works horizontally ...

In 2022, the dominating segment for computer vision (CV) was quality assurance and inspection because of the rapid adoption of process automation in the manufacturing industry. One of the key benefits ...

Pharmaceutical products are controlled by quality regulations that ensure the finished drug product has the required identity and purity characteristics. If a pharmaceutical product does not meet ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...