Taguchi Loss Function

Lanman, Inc., estimates its hidden external failure costs using the Taguchi loss function. Lanman produces plastic sheets that vary in thickness and grade. For one of its large$-$volume products, it was determined that $k=$$$32,000$ and $T=0\mathrm{.}29$ inches in diameter. A sample of four units produced the following values:

$\backslash$table$[[$Unit$,$Actual Diameter$],[$No$.,$

PLEASE DOUBLE CHECK ALL WORK! Will upvote if ALL parts are done CORRECTLY!!! Remeber These "feedback" tips for #$1.$ For each unit, calculate L$($y$)=$k$($y$-$T$)^2$ Where: k$=$a proportionality constant dependent upon the organizations external failure cost structure.

Y$=$ actual value of quality characteristic

T$=$ target value of quality characteristic

L$=$ quality loss

#$2.$ Use the average unit cost calculated in requirement $1.$

#$3.$ Total external failure cost$=$ k$($measured external failure costs$)$ where k is the multiplier effect. Use the hidden costs calculated in requirement $2.$