Calculate the Taguchi loss function in the following scenario. A quality characteristic has a deviation from target of 0.04 with a loss associated with deviation of $40.00.The formula for Taguchi Loss Function is: L(x) = k(x-T)2 (Refer to this spreadsheet for calculations - enter data in the yellow cells only.)What is the value of k.What would the economic loss be with a target specification of .2 and dimensional value of .215? You will need to add in the value of k from the spreadsheet. Calculation of k for the Loss Function Deviation from target Loss associated with deviation Loss Calculation for a Specific x Target specification, T Dimensional value, x k Loss$0.00

as provided A quality characteristic has a deviation from the target of 0.04 with a loss associated…

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Calculate the Taguchi loss function in the following scenario.

A quality characteristic has a deviation from target of 0.04 with a loss associated with deviation of $40.00.
The formula for Taguchi Loss Function is: L(x) = k(x-T)²(Refer to this spreadsheet for calculations - enter data in the yellow cells only.₎
What is the value of k.
What would the economic loss be with a target specification of .2 and dimensional value of .215? You will need to add in the value of k from the spreadsheet.




Calculation of k for the Loss Function
Deviation from target
Loss associated with deviation


Loss Calculation for a Specific x
Target specification, T
Dimensional value, x
k
Loss	$0.00

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