Question: Problem 3. [10 points] Suppose that a metal rod is supposed to be cut 74.0mm. in length. The upper spec limit is set at 78.5mm,

 Problem 3. [10 points] Suppose that a metal rod is supposed

Problem 3. [10 points] Suppose that a metal rod is supposed to be cut 74.0mm. in length. The upper spec limit is set at 78.5mm, and the lower spec limit set at 69.5mm. A metal rod that is out of spec must be scrapped at a cost of $42.00. The company uses the Taguchi quality loss function to estimate quality costs. Suppose that a sample of 2 units was taken, and the rod measurements were 68.70 and 71 , respectively. What is the total Taguchi quality cost of that sample of 2 units? Please round all costs to the nearest penny

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