Question: A quality characteristic under study at Trane Company has a manufacturing specification ( in cm ) of 0 . 2 0 0 + / -

A quality characteristic under study at Trane Company has a manufacturing specification (in cm) of 0.200+/-0.05. Historical data indicates that if the quality characteristic takes on values larger than 0.25 cm or smaller than 0.15 cm, the product fails and a cost of $75 is incurred. Based on these data,
Determine the Taguchi Loss FunctionEstimate the loss for a quality characteristic of 0.135 cm.Further suppose the firm can spend $ 50 in improving their processes to reduce the specification limit. What would be the revised specification limit that you would recommend?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!