Definitions
There is 1 meaning of the phrase
Internal Failure Cost.
Internal Failure Cost - as a noun
The costs that arise from defects caught internally and dealt with by discarding or repairing the defective items.
Example Sentences
"The company suffered significant internal failure costs due to the defective manufacturing process."
"Management conducted an analysis to identify the root causes of the internal failure costs."
"The internal failure costs resulted in a loss of profit for the organization."
"The finance department tracked and monitored the internal failure costs to control expenses."
"Implementing quality control measures helped reduce the occurrence of internal failure costs."
