Question: A quality characteristic has a manufacturing specification (in cm ) of 0.200.05. Historical data indicate that if the quality characteristic takes on values larger than

A quality characteristic has a manufacturing specification (in cm ) of 0.200.05. Historical data indicate that if the quality characteristic takes on values larger than 0.25cm or smaller than 0.15cm, the product fails and a cost of $75 is incurred. Based on this data, answer the question below. a. Determine the Taguchi loss function. b. What is the loss for a quality characteristic of 0.22cm

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