Design Tolerances Based on Economics (Using the Taguchi Loss Function)
Episode description
Genichi Taguchi related his measure of quality (variation from the target spec) with economics, called the Taguchi Loss Function. It’s used to calculate the cost (in money) of a certain deviation from a target value. It assumes that the farther our quality characteristic is from our target value, the more costly it is to us.
We talk about how we can use the Taguchi Loss Functions as a way for us to set tolerances for our designs. Visit the podcast blog to get an interactive tool and the equations.
DISCOVER YOUR PRODUCT DEVELOPMENT FOCUS: UNLOCK YOUR IMPACT
Take this quick quiz to cut through the 'design fog' and discover where your greatest potential lies
BI-WEEKLY EPISODES
Subscribe to this show on your favorite provider and Give us a Rating & Review to help others find us!
SELF-PACED COURSE FMEA in Practice: from Plan to Risk-Based Decision Making is enrolling students now. Join over 300 students: Click Here.
MONTHLY DIGEST
Subscribe to the free monthly e-newsletter: newsletter.deeneyenterprises.com
Get the short version on Linked-In: Subscribe here.
About me
Dianna Deeney is a quality advocate for product development with over 25 years of experience in manufacturing. She is president of Deeney Enterprises, LLC, which helps organizations optimize their engineering processes and team perform...