Chapter 05 Homework: Goods and Service Design Assignment: Chapter 05 Homework: Goods and Service Design Assignment Score: 0.00% Save Submit Assignment for Grading Questions Problem 5-39 Algo (Designing Manufactured Goods) Question 6 of 7 4. Check My Work 5. O 6. O A-Z Vehicle transmission repairs for part number TAC45123 are costly to replace. A highly skilled mechanic must disassemble the transmission. If the part fails while it is in warranty, the manufacturer pays the full cost of the repair to the garage or dealer that did the repair. The manufacturer uses the Taguchi loss function to set a specification for the part with k = 50,000. The dimensions for the part are 1.2 + 0.10 centimeters. Round your answers to the nearest dollar. a. What is the economic value of one failed part? 7. O S b. If the manufacturer of the part paid the full warranty cost on 1,880 failures last year worldwide, what is the total economic cost of failure? S C. If the manufacturer improved process and equipment capability so the part specifications changed to 1.2 + 0.05 centimeters, what is the economic cost of one failure? $ d. Assuming failures were reduced by one half to 940 due to the more precise specifications discussed in part c, what is the economic cost of failure? e. How much warranty cost is saved according to Taguchi estimates by improving specifications from +0.10 to +0.05? $ Check My Work