Phillips Screw Company produces screw fittings. It is determined that T = 1 inch in diameter. Specification limits allow a variation of plus or minus 0.5 inches. Products produced at values beyond the specification limits lose $15. A sample of five units produced showed the following values: What is the average loss per unit?
A) $12.00
B) $10.80
C) $2.61
D) $2.16
Correct Answer:
Verified
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