Question: Use Descriptive Statistics tool in the Excel Data Analysis menu 12. An automatic cookie machine at ACM, Inc. must deposit a specified amount of 250.3
Use Descriptive Statistics tool in the Excel Data Analysis menu
12. An automatic cookie machine at ACM, Inc. must deposit a specified amount of 250.3 grams (g) of dough for each cookie on a conveyor belt. It costs $0.03 to scrap a defective cookie. A sample of 50 cookies was drawn from the production process, which has been determined to be approximately normally distributed, and the results, in grams, can be found in worksheet tab Prob. 7-12 in the Excel file C07Data. a. What is the value of k in the Taguchi loss function? b. Determine how much the process varies from the target specification, based on the mean difference and standard deviation of the sample results. What is the expected loss per unit
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