The method which assumes that the total failure cost is some multiplier of measured failure costs is called:
A)Taguchi quality loss function
B)Market research method
C)Process acceptance sampling
D)Multiplier method

Question

Quizplus · Accepted Answer

The method described is referred to as the multiplier method, as it involves multiplying measured failure costs by some factor to estimate the total failure cost. The other options, such as Taguchi quality loss function, market research method, and process acceptance sampling, do not involve such a multiplier approach.

The Method Which Assumes That the Total Failure Cost Is