The Taguchi loss function can be used to set product design tolerances in an economical fashion.

Question

Quizplus · Accepted Answer

The Taguchi loss function is a statistical method used in quality control and aims to minimize the loss to society, including the cost of variations in the product. By using the Taguchi loss function, manufacturers can determine the optimum product design tolerances that result in the minimum cost to society. Therefore, it can be used to set product design tolerances in an economical way.

The Taguchi Loss Function Can Be Used to Set Product