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A quality characteristic has a manufacturing specification (in cm) of 0.100 ± 0.05. Historical data indicate that if the quality characteristic takes on values larger than 0.15 cm or smaller than 0.05 cm, the product fails and a cost of $65 is incurred. Based on this data, answer the questions below.
a.Determine the Taguchi loss function.
b.Estimate the loss for a quality characteristic of 0.125 cm.
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