teleport - transport by dematerializing at one point and assembling at another. 1  science fiction - literary fantasy involving the imagined impact of science on society. 2  transport - move something or somebody around; usually over long distances.
Actual cost is the total amount of materials, labor costs, and any directly associated overhead costs that can be charged to a specific project. This is different from the standard cost, although both approaches are often used to evaluate the profitability of a given project.
Cost of quality is often thought of as the price of creating a quality product. While on the surface this appears to make sense, this definition is absolutely incorrect. In actuality, the cost of quality is the cost of NOT creating a quality product or service. What is the difference? The former (incorrect) definition covers product/service costs only. Cost of quality covers any cost that would not have been expended if quality were perfect. In 1999, ASQ Quality Costs Committee published the third edition of âPrinciples of Quality Costs: Principles, Implementation, and Useâ (ed.