QFD (Quality Function Deployment):<\/b>\u00a0A table oriented procedure for converting customer requirements for a product into the features or functions that should be included in the product design.<\/p>\n
Quantity discount:<\/b>\u00a0Pricing policy by which the cost per unit purchased decreases with the quantity purchased. Two main types of discount are: a) \u201call units\u201d, in which case the lower price applies to all units purchased if the quantity purchased exceeds the threshold, and: b) \u201cincremental units\u201d, 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 being purchased from a single vendor is to base the discount upon the $ amount purchased, rather than the number of units. See also bundle pricing.<\/p>\n
Q,r:<\/b>\u00a0An inventory policy under which, when the inventory level drops to r, an amount Q is ordered from the supplier. It is an extension of the EOQ inventory policy.<\/p>\n
Quote:<\/b>\u00a0A promise by a supplier to a prospective customer of a price at which it will supply a specified good or service. The promise usually has a quantity, an expiration date, and a location at which the product will be made available. See also: RFQ.<\/p>\n","protected":false},"excerpt":{"rendered":"
QFD (Quality Function Deployment):\u00a0A 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:\u00a0Pricing policy by which the cost per unit purchased decreases… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1673","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/comments?post=1673"}],"version-history":[{"count":2,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1673\/revisions"}],"predecessor-version":[{"id":1722,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1673\/revisions\/1722"}],"wp:attachment":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/media?parent=1673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/categories?post=1673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/tags?post=1673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}