A new loss function for the selection of producer specification limits

Keyphrases

• New Loss Function 100%
• Specification Limits 100%
• Taguchi Loss Function 66%
• Lower Specification Limit 66%
• Upper Specification Limit 66%
• Economical Value 33%
• Expected Cost Functions 33%
• Significance Determination 33%
• Defective Products 33%
• Hybrid Functions 33%
• External Failure Costs 33%

Engineering

• Cost Function 100%
• Loss Function 100%
• Optimal Value 33%
• Measurement Error 33%
• Functional Requirement 33%
• Target Value 33%
• Failure Cost 33%