3.* A quality characteristic has a design specification (in cm) of 0.200 = 0.020. If the actual process value of the quality characteristic is at the boundary of the tolerance on either side, the product will require a repair of $30. Find the value of k, and state the Taguchi loss function. What is the economic loss associated with x = 0.205? 11.* An accounts receivable manager processes 200 checks per day, with an average processing time of 15 working days. What is the average number of worked processed in the ties: accounts receivable checks being processed in her office? What if, through information technology, she reduces the processing time from 15 days to 10 days to 5 days? What are the advantages and disadvantages of adopting this technology? Explain. times Each s full