Develop an Action Plan Using Failure Mode and Effects Analysis

Develop an Action Plan Using Failure Mode and Effects Analysis

Published: 02/January/2014

Reading time: 12 mins

Failure mode and effects analysis (FMEA) and Control Plan (CP) enable companies to improve their products, processes, and services to ensure greater customer loyalty and minimize customer returns. These also help to minimize or eliminate product failures and help with business processes optimization. Key Concept The Risk Priority Number (RPN) quantifies the overall risk of...

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