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For an out-of-round condition (smaller the better) of a steel shaft, the rrue indicator readings (TIR) for eight shafts are 0.05, 0.04, 0.04, 0.03, 0.04,
For an out-of-round condition (smaller the better) of a steel shaft, the rrue indicator readings (TIR) for eight shafts are 0.05, 0.04, 0.04, 0.03, 0.04, 0.02, 0.04, and 0.03 mm.
a. If the average loss at 0.03 is $15.00 ,what is the loss function?
b. What is the loss at 0.05?
c. What is the average loss?
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