Quality cost optimization refers to the process of enhancing the quality of products or services while minimizing costs. There are several synonyms that can be used to describe this concept. One possible phrase is "cost-effective quality management," which highlights the goal of balancing quality and cost considerations. Another alternative is "efficiency improvement," which emphasizes the focus on streamlining operations and eliminating wasteful practices. "Process optimization" and "lean manufacturing" are also commonly used terms that describe efforts to increase efficiency and reduce costs. Ultimately, the goal of quality cost optimization is to maximize value for customers while maintaining profitability for the business.