Assume the specifications for a television remote control part (in inches) are 5.00 ± 0.10, and the Taguchi loss function is estimated to be L(x) =

5,500 (x − T)2. Determine the estimated loss per part if the quality characteristic (i.e., actual process performance) under study takes on a value of 4.91 inches. Use the Excel template Taguchi to find the total economic loss if a production order for 50,000 remotes is recalled due to this part being so close to the lower specification of 4.9.