1. Suppose that the specifications for a part (in inches) are 6.00 ± 0.02, and that the Taguchi loss function is estimated to be L(x)=6,800(x-T)2 . Determine the economic loss if x=6.05 inches.
2. Could you tell me why did the business model of CoolPeopleCare change over time? and explain why each of the changes in the business model was successful.
3. Provide the rationale for a centralized and integrated Purchasing organization, and the role of cross-functional teaming in supporting this type of organization promoting its competitive advantage.