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Pandra Manufacturing specifies the quality characteristic of one of its popular products to be 0.500" ±0.020. An analysis of company records for the last two years suggests that the average cost for warranty repair or replacement is $125.00 per unit. The customer service manager believes that the product is likely to fail during the warranty period when the quality characteristic exceeds on either side of the target of 0.500 the tolerance of 0.020.
Using a Taguchi quality loss function (QLF) for this company, what is the amount of the estimated loss (to four (4) decimal places) when the actual quality characteristic, x, is 0.505?
Auscultate
The act of listening to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.
Stethoscope Endpiece
The part of a stethoscope that is placed against the patient's skin to listen to internal body sounds, such as heartbeats and breathing.
Bell Side
The larger, concave side of a stethoscope used for listening to lower-pitched sounds in the body such as heart murmurs.
Percussing Over Liver
The act of tapping on the skin overlying the liver to assess its size and density, part of a physical examination to detect liver abnormalities.
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