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reported more than the expected no. of defects. This forced you to send an additional resource to customer location for stabilizing the system. The cost associated with this additional effort is best described as:
A. Lost value
B. Opportunity cost
C. Cost of non-conformance
Contingency
I think C is the answer,
Cost of non conformance
The answer is definitely:
C. Cost of non-conformance
I prefer to leave answers to Experts. Thanks for Your kind Invitation.
I think the answer is:
B. Opportunity cost
Thank you so much Mr. Farooq for your kind invitation; I prefer awaiting the Experts' answers.
B. Oppurtunity Cost is the correct answer.
Details:
Opportunity costs: When you focus on Project A, it generally means that resources are not available to work on Project B. The lost value of Project B is Project A's opportunity cost.
Opportunity cost is the cost of lost value when another action taken to counter previous action
thanks for invition ,,,,,,,,,, my choice is option C