Excel Online Activity: Taguchi Cassette tapes are still used in some handheld recording devices and in less expensive portable musical instrument recording devices. The desired speed of a cassette tape is 1.775 inches per second. Any deviation from this value causes a change in pitch and tempo and thus poor sound quality. Suppose that adjusting the tape speed under warranty when a customer complains and returns a device costs a manufacturer $30. Based on past information, the company knows the average customer will return a device if the tape speed is off the target by at least 0.150 inch per second; in other words, when the speed is either 1.925 or 1.625 . Suppose that a technician tests the tape speed prior to packaging and can adjust the speed to the target 1.775 at a cost of $4. What should the economic specification limits be? The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. In the Taguchi loss function, what is the constant that translates the deviation into dollars? Round your answer to the nearest cent. $ 2. If the actual speed is 1.845 inches per second, what is the loss? Round your answer to the nearest cent. $ 3. What is the break-even tolerance? Round your answer to three decimal places. 4. What are the lower and upper economic specification limits? Round your answers to three decimal places. Lower specification limit: Upper specification limit: Taguchi Loss Function Calculation of k for the Loss Function Deviation from target Loss associated with deviation 0.15 Formulas 5 B C D E 6 7 8 9 Loss Calculation for a Specific x 10 11 12 13 Target specification, T1.775 14 Dimensional value, x1.845 15 Economic Design Specifications 16 Target specification, T1.775 17 18 19 20 21 22 23 24 25 \begin{tabular}{r|r|} \hline Target specification, T & 1.775 \\ k & $0.00 \\ \hline Cost of inspection and adjustment & $4.00 \end{tabular} Break-Even Tolerance Lower specification limit Upper specification limit