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Home » Supply Chain and Operations Management Glossary (Q)

Supply Chain and Operations Management Glossary (Q)

QFD (Quality Function Deployment): A table oriented procedure for converting customer requirements for a product into the features or functions that should be included in the product design. Quantity discount: Pricing policy by which the cost per unit purchased decreases with the quantity purchased. Two main types of discount are: a) “all units”, in which case the lower price applies to all units purchased if the quantity purchased exceeds the threshold, and: b) “incremental units”, in which case the lower price applies only to units purchased in excess of the threshold. Another variation that is useful if a variety of products are…

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