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Suppose that the specifications for a part (in inches) are 6.00+ 0.01, and that the Tagucht loss function is estimated to be L(x) = 6,800(x

Suppose that the specifications for a part (in inches) are 6.00+ 0.01, and that the Tagucht loss function is estimated to be L(x) = 6,800(x - 1)? Determine the economic loss if x = 6.04 inches. Round your answer to the nearest cent. per part $

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