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A part dimension on a power tool is specified as 32.25 ± 0.25. Company records show...

A part dimension on a power tool is specified as 32.25 ± 0.25. Company records show ±0.25 exceeded & 75% of them are returned for replacement. Total cost of whole lot replacement is $12,500. Determine the Taguchi loss function.

Math   Statistics-And-Probability   
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