Question: PLEASE EXPLAIN YOUR ANSWER IN DETAILS. THANKS. 1. The specifications of a product are 10+3 for a particular quality characteristic(length) and the average repair cost

PLEASE EXPLAIN YOUR ANSWER IN DETAILS. THANKS.
1. The specifications of a product are 10+3 for a particular quality characteristic(length) and the average repair cost is $200. You are currently producing 5,000 product a month. The current process makes them approximately 12 mm long, which is acceptable to the customer. You have a project that will cost $25,000 and will reduce the product to 11 mm long. As your product is currently being accepted by the customer, management is reluctant to accept the project - should you, do itStep by Step Solution
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