Question: A quality characteristic has a design specification (in cm ) of 0.1000.020. If the actual process value of the quality characteristic is at the boundary

A quality characteristic has a design specification (in cm ) of 0.1000.020. 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. Round your answer to the nearest dollar. State the Taguchl loss function. Round your answer for the first field to the nearest whole number and the answer for the second fieid to three decimal places. L(x)=(x1)2 What is the economic loss associated with x=0.107? Round your answer to the nearest cent. $ per part

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