Question: Spreadsheet Assume the specifications for a television remote control part (in inches) are 7.00 +0.12, and the Taguchi loss function is estimated to be L(x)

Spreadsheet Assume the specifications for a television remote control part (in inches) are 7.00 +0.12, and the Taguchi loss function is estimated to be L(x) = 5,6001 - 7). Determine the estimated loss per part if the quality characteristic (i.e., actual process performance) under study takes on a value of 6.89 inches. Use the Excel template Taguchi to find the total economic loss if a production order for 41,000 remotes is recalled due to this part being so close to the lower specification of 6.88. Do not round intermediate calculations. Round your answer to the nearest dollar. $

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