Final answer:
The lost sales due to poor-quality products are typically identified by a quality control system. Quality control systems help businesses minimize the risk of product failures and avoid lost sales by ensuring products meet specific quality standards.
Step-by-step explanation:
The lost sales associated with producing poor-quality products is identified by a quality control system. This type of system is integral for businesses as it helps them to detect and prevent defects in products before they reach the consumer. By implementing robust quality control measures, a company can reduce the risk of product failure, which in turn decreases the likelihood of incurring lost sales and brand damage.
Quality control systems are designed to ensure that the product meets certain standards of quality and that any deviations from these standards are corrected before the product is sold. Therefore, the costs associated with non-conformance to quality standards, including those resulting from lost sales, are a key focus of such systems.