Consider a normally distributed process that cuts wood with a process center of 18 inches and a standard deviation of 0.08 inches. The lower specification limit is 17.80 inches, and the upper specification limit is 18.20 inches. A piece of wood that is cut too short or too long must be scrapped at a cost of $2.00. The firm runs 1,200 pieces of wood through the machine per day and works 300 days per year. What is the annual expected fixing cost of this process?

1). The expected fixing cost = $____ per year