Optimizing quality screening boosts profits and customer satisfaction in lot sizing.
The article explores how companies can make more profit by deciding on the quality of their products and the prices they set. By choosing the right amount of time to check for defects, companies can save money and make customers happier. The study shows that finding defects early can lead to higher profits and better customer satisfaction. However, companies need to balance the cost of checking for defects with how much customers are willing to pay for better quality. It's important for companies to invest in quality control methods that are effective, affordable, and meet customer needs.