x M Question 2-QUIZ-CH 17-C X Chapter 5: Customers and Sal x + mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%2... 417 6 Saved es Exercise 17-44 (Algo) Taguchi Quality Loss Function (QLF) Analysis [LO 17-4] Duramold specializes in manufacturing molded plastic panels to be fitted on car doors. The blueprint specification for the thickness of a high-demand model calls for 0.1910 ± 0.0020 inch. It costs $155 to manufacture and $185 to scrap a part that does not meet these specifications. The thickness measure for the unit just completed is 0.1928 inch. Required: 1. Use the Taguchi quality loss function, L(x), to determine: a. The value of the cost coefficient, k. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) b. The estimated loss (total quality cost) for the unit just completed, that is, the dollar amount for L(x) where x=0.1928. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. Assume that Duramold can eliminate the uneven thickness by adding a production worker, at the critical production point, for $4.00 per unit. Under this assumption: a. At what tolerance should the panels be manufactured? (Hint. For this calculation, the total quality cost, L(x), is equal to the above- referenced $4.00 per unit figure.) (Do not round intermediate calculations. Round your answer to 4 decimal places.) b. What should be the production specification for these panels? That is, what is the upper specification limit and what is the lower specification limit for the quality characteristic? (Do not round intermediate calculations. Round your answers to 4 decimal places.) 2 Na 1a. Value of the cost coefficient, k 1b. Amount of loss 2a. Tolerance 2b. Upper specification limit Lower specification limit # 80 * 3 W E חי S D $ #4 888 R F % 25 inches inches inches < Prev 2 of 6 Next > MacBook Pro A R & 27 < 6 7 8 9 T Y U - ° G H J K L Help Save & Exit יד P < X > C V B N M Check m C [

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
x
M Question 2-QUIZ-CH 17-C X
Chapter 5: Customers and Sal x +
mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%2...
417 6
Saved
es
Exercise 17-44 (Algo) Taguchi Quality Loss Function (QLF) Analysis [LO 17-4]
Duramold specializes in manufacturing molded plastic panels to be fitted on car doors. The blueprint specification for the thickness of
a high-demand model calls for 0.1910 ± 0.0020 inch. It costs $155 to manufacture and $185 to scrap a part that does not meet these
specifications. The thickness measure for the unit just completed is 0.1928 inch.
Required:
1. Use the Taguchi quality loss function, L(x), to determine:
a. The value of the cost coefficient, k. (Do not round intermediate calculations. Round your answer to the nearest whole dollar
amount.)
b. The estimated loss (total quality cost) for the unit just completed, that is, the dollar amount for L(x) where x=0.1928. (Do not round
intermediate calculations. Round your answer to 2 decimal places.)
2. Assume that Duramold can eliminate the uneven thickness by adding a production worker, at the critical production point, for $4.00
per unit. Under this assumption:
a. At what tolerance should the panels be manufactured? (Hint. For this calculation, the total quality cost, L(x), is equal to the above-
referenced $4.00 per unit figure.) (Do not round intermediate calculations. Round your answer to 4 decimal places.)
b. What should be the production specification for these panels? That is, what is the upper specification limit and what is the lower
specification limit for the quality characteristic? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
2
Na
1a. Value of the cost coefficient, k
1b. Amount of loss
2a. Tolerance
2b. Upper specification limit
Lower specification limit
#
80
* 3
W
E
חי
S
D
$
#4
888
R
F
%
25
inches
inches
inches
< Prev
2 of 6
Next >
MacBook Pro
A
R
&
27
<
6
7
8
9
T
Y
U
-
°
G
H
J
K
L
Help
Save & Exit
יד
P
<
X
>
C
V
B
N
M
Check m
C
[
Transcribed Image Text:x M Question 2-QUIZ-CH 17-C X Chapter 5: Customers and Sal x + mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.tulsacc.edu%2... 417 6 Saved es Exercise 17-44 (Algo) Taguchi Quality Loss Function (QLF) Analysis [LO 17-4] Duramold specializes in manufacturing molded plastic panels to be fitted on car doors. The blueprint specification for the thickness of a high-demand model calls for 0.1910 ± 0.0020 inch. It costs $155 to manufacture and $185 to scrap a part that does not meet these specifications. The thickness measure for the unit just completed is 0.1928 inch. Required: 1. Use the Taguchi quality loss function, L(x), to determine: a. The value of the cost coefficient, k. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) b. The estimated loss (total quality cost) for the unit just completed, that is, the dollar amount for L(x) where x=0.1928. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. Assume that Duramold can eliminate the uneven thickness by adding a production worker, at the critical production point, for $4.00 per unit. Under this assumption: a. At what tolerance should the panels be manufactured? (Hint. For this calculation, the total quality cost, L(x), is equal to the above- referenced $4.00 per unit figure.) (Do not round intermediate calculations. Round your answer to 4 decimal places.) b. What should be the production specification for these panels? That is, what is the upper specification limit and what is the lower specification limit for the quality characteristic? (Do not round intermediate calculations. Round your answers to 4 decimal places.) 2 Na 1a. Value of the cost coefficient, k 1b. Amount of loss 2a. Tolerance 2b. Upper specification limit Lower specification limit # 80 * 3 W E חי S D $ #4 888 R F % 25 inches inches inches < Prev 2 of 6 Next > MacBook Pro A R & 27 < 6 7 8 9 T Y U - ° G H J K L Help Save & Exit יד P < X > C V B N M Check m C [
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education