Which of the following best describes Appraisal in the context of Cost of Quality?

The correct choice, which describes Appraisal in the context of Cost of Quality, focuses on verification methods such as audits and assessments of supplier performance. Appraisal activities are designed to evaluate the quality of processes and products, ensuring that they meet certain standards before reaching the end consumer. This can include activities like inspections, testing, and systematic audits aimed at identifying issues early in the production process.

These verification processes are vital because they help companies monitor their products' conformance to quality standards and specifications. By effectively implementing appraisal activities, organizations can minimize the risk of defects and enhance overall product quality, leading to reduced costs associated with failures and rework later in the production cycle.

The other options relate to different aspects of quality management. Eliminating waste in production pertains to process efficiency and Lean principles rather than strictly quality appraisals. Training employees on quality standards is essential for building a quality-focused culture but doesn't define appraisal directly. Repairing defects after production falls under the categories of internal failure costs, addressing issues rather than preventing them through appraisal activities. Thus, the focus on verification, audits, and supplier ratings clearly aligns with the concept of Appraisal within the Cost of Quality framework.