Formula for calculating Quality Performance index

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Transcript

Now I will take you through calculating v quality performance quality performance is the ratio of good quantity produced to total quantity produced Simple as that. For example, total quantity produced 90 pieces out of the good quantities 80 pieces, then quality performance would be 80 divided by 90 which will do 89 percentage is the quality performance, these are quality performance is being calculated. I hope you will appreciate the beauty of this only calculation. It makes classification into utilization hormones and the quality under discounting the losses in that particular category alone, it is not taking forward the classes to other areas in this case also for example, in the quality you can see that the 90 pieces is is produced 90 pieces metal produce only in 300 minutes, it is not bothering about the Minister for contaminants or for 80 minutes given time over to produce over this good quantity.

The way it is comparing here it is not comparing it is not mixing up the translation issues or efficiency issues It is fitting only contest, but in coming out to the final calculation in terms of we it consider all the factors like utilization losses, performance losses and quality losses and it is multiplying all the factors and finally arriving the effectiveness now with that we learn how to calculate the we factor out to calculate PlayStation auto calculate performance and quality, performance etc. But in reality you do not calculate all the things manually either once if you have a format we start giving the right input will be getting automatically the final we factor, but for the sake of understanding the concept behind this, we are going through all the calculations. Please wait for the format which will make your life very easy

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