quality loss function
Also found in: Acronyms.
Also found in: Acronyms.
Mentioned in
?
References in periodicals archive
?
Taguchi proposed that performance degradation can be measured as a deviation from some target value as a quadratic quality loss function (fig.
Clearly, the quality loss function is a way to show the economic value of reducing variability and staying closer to the target value.
Since I believe that cost is more important than quality, I have devised the Quality Loss Function (QLF), a quadratic equation that allows engineers to evaluate quality in financial terms: The cost of reworking or scrapping a product, the cost of warranty, or the cost of such intangibles as customer inconvenience or goodwill increases by the square of the deviation of the product from its target function.
Quality Loss Function is useful for the last enumerated scope.
For target criteria (nominal is the best), as in the case of obtaining aquartz monocrystals dimensional stability, relation (3) is used for Quality Loss Function.
The other main result of the quality loss function is that the farther a product's characteristics vary from the "proper" values, the greater the cost, which implies that it is a continuous function.
Financial browser
?
- ▲
- qualifying broker
- Qualifying Child for the Earned Income Credit
- qualifying dividends
- Qualifying Loss
- Qualifying Person
- qualifying ratio
- Qualifying share
- Qualifying stock option
- Qualifying Utility
- Qualifying Widow
- Qualitative
- Qualitative analysis
- Qualitative research
- quality
- quality assurance
- Quality at the Source
- quality audit
- quality circle
- quality control
- Quality Cost
- quality costs
- quality council
- quality function deployment
- quality improvement team
- Quality Ladder
- quality loss function
- quality of a product
- quality of earnings
- Quality of Work Life
- quality of working life movement
- Quality option
- quality policy
- Quality Review
- Quality spread
- quality system
- Quality Training
- Quan
- quango
- Quant
- quant fund
- Quantify
- Quantitative analysis
- Quantitative easing
- Quantitative research
- quantity demanded
- quantity discount
- Quantity Prints
- Quantity risk
- quantity supplied
- quantity survey
- quantity theory of money
- ▼
Full browser
?
- ▲
- Quality Ladder
- Quality Ladders
- Quality Laser Optics, Ltd.
- Quality Leaders Network
- Quality Leadership by Design
- Quality Leadership Executive
- Quality Leadership Profile
- Quality Leadership Team
- Quality Lean Growth Modeling
- Quality Learning Organization
- Quality Learning Partners
- Quality Learning Systems International
- Quality Learning Tool
- Quality Leisure Management
- Quality Letter of Instruction
- Quality Level
- Quality Level Agreement
- Quality Level Analysis
- Quality Level Verification Sheet
- Quality Life Enhancement Center
- Quality Lifestyle & Property
- Quality Linen Supply Corporation
- Quality Link Exchange
- Quality Link Exchange Websites
- Quality Link Layer Control
- Quality Links EXchange
- Quality Liquid Feeds
- Quality Log Book
- Quality Logistics Management
- Quality Logo Products, Inc.
- quality loss function
- Quality Low Input Food
- Quality management
- Quality management
- Quality Management Accountability Framework
- Quality Management and Analysis Subsystem
- Quality Management and Analysis System
- Quality Management and Departmental Administration
- Quality Management and Education
- Quality Management and Enhancement
- Quality Management and Enhancement Unit
- Quality Management and Improvement
- Quality Management and Improvement Committee
- Quality Management and Organizational Development
- Quality Management Approach
- Quality Management Assessment
- Quality Management Audit
- Quality Management Benchmark Assessment
- Quality Management Board
- Quality Management Center
- Quality Management Committee
- Quality Management Company LLC
- Quality Management Consortium
- Quality Management Consulting Group, LTd.
- Quality Management Coordinator
- Quality Management Division
- Quality Management Excellence
- Quality Management Excellence Award
- Quality Management Forum
- Quality Management Group
- Quality Management in Education
- ▼