M-P-Q
M-P-Q stands for "Minimum-Product-Quality," a concept used in various industries to ensure that products meet a baseline standard of quality. This standard helps companies maintain customer satisfaction and brand reputation by ensuring that even the lowest-quality products still meet essential criteria.
The M-P-Q framework is often applied in manufacturing and service sectors, guiding businesses in their quality control processes. By establishing clear minimum quality thresholds, companies can streamline production, reduce waste, and enhance overall efficiency while still delivering acceptable products to consumers.