Question: QUESTION #3 IS NEEDED Stahman, Inc., estimates its hidden external failure costs using the Taguchi loss function. Stahlman produces plastic sheets that vary in thickness

QUESTION #3 IS NEEDED

Stahman, Inc., estimates its hidden external failure costs using the Taguchi loss function. Stahlman produces plastic sheets that vary in thickness and grade. For one of its large-volume products, it was determined that k = $26,000 and T = 0.26 inches in diameter. A sample of four units produced the following values:

Unit No. Actual Diameter (y)
1 0.26
2 0.27
3 0.23
4 0.26

Required:

1. Calculate the average loss per unit. Round your intermediate calculations to six decimal places. If required, round your answer to the nearest cent and use the same in subsequent requirements. $ 6.5 per unit

2. Assuming that 130,000 units were produced, what is the total hidden cost?

$845,000

3. Assume that the multiplier for Stahmans hidden external failure costs is five. What are the measured external costs?

$ IS MISSING

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