A Taguchi loss determination: A component has a target dimension value of 50 mm. It is considered a complete loss of $23 if the deviation exceeds +/- 1.5 mm. Determine the loss if a component measures 20.2 mm. Round your answer to the nearest penny, if applicable.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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QUESTION 6
A Taguchi loss determination:
A component has a target dimension value of 50 mm.
It is considered a complete loss of $23 if the deviation exceeds +/- 1.5 mm.
Determine the loss if a component measures 20.2 mm.
Round your answer to the nearest penny, if applicable.
QUESTION 7
A business process has the following parameters:
Process mean: 90
Upper Specification Limit 100
Lower Specification Limit 80
Process Standard Deviation: 3.25
Determine the process Capability Ratio Round your answer to 3 decimal places, if applicable.
Transcribed Image Text:QUESTION 6 A Taguchi loss determination: A component has a target dimension value of 50 mm. It is considered a complete loss of $23 if the deviation exceeds +/- 1.5 mm. Determine the loss if a component measures 20.2 mm. Round your answer to the nearest penny, if applicable. QUESTION 7 A business process has the following parameters: Process mean: 90 Upper Specification Limit 100 Lower Specification Limit 80 Process Standard Deviation: 3.25 Determine the process Capability Ratio Round your answer to 3 decimal places, if applicable.
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