Quality assurance

Quality assurance may be defined as ensuring that the customer receives a product that is suit­able for his use. Of course he also wants to pur­chase it at a reasonable price. Therefore commer­cial transactions are based on certain specifications and the concept of Good Merchantable Quality (GMQ). To complement the general standards of an industry, additional specifications may be agreed between the buyer and the seller in their trading con tract. 

Releated

Dynamics of Supply and Demand for Oils and Fats

In oils and fats we can discern two main tra­ditions developing in the Western world. The first was based on animal husbandry, producing butter, beef fat and lard. Climatic conditions in the northern half of Europe did not enable oilseed crops to be grown, with the exception of rapeseed. However, until the 19th century the […]

An introduction to the oil palm

About a dozen plant species account for more than 90% of _the world’s production of vegetable oils and fats. Most commercially traded vegetable oils and fats are obtained either from seeds ( e.g. com oil, groundnut oil, soya bean oil, palm kernel oil) or other parts of fruits ( e.g. olive oil, palm oil). Most […]