A quality characteristic has a design specification (in cm.) of 0.200 0.020. If the actual process

Question:

A quality characteristic has a design specification (in cm.) of 0.200 ± 0.020. If the actual process value of the quality characteristic exceeds the target by 0.020 on either side, the product will require a repair of $50. Find the value of k and state the Taguchi loss function. What is the loss associated with x = 0.015?