The Taguchi loss function is represented as a U-shaped function. At the target specification, Obj. 4 the
Question:
The Taguchi loss function is represented as a U-shaped function. At the target specification, Obj. 4 the quality loss is zero. As actual measurements move up or down from the target, quality losses occur at an increasing rate.
Taguchi also describes two variations of the U-shaped function as follows:
a. More is better.
b. Less is better.
The "more is better" function describes quality losses as a critical quality characteristic declines from a target. For example, weld strength is an example of a "more is better" function. This function is illustrated as follows:
Using your understanding of the Taguchi loss function, prepare a sketch of the "less is better" loss function. Identify three examples of quality costs that might be described by the "less is better" loss function.
Step by Step Answer:
Managerial Accounting Information For Decisions
ISBN: 9780324222432
4th Edition
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill