Cost of Variation, 1992 Nonwovens Conference Proceedings
Quality improvement efforts in the 20th century have resulted in an emphasis on specifications to assure quality. In today’s market, meeting specifications is no longer sufficient and may be costly. The quadratic loss curve or Taguchi loss curve presents an alternative to specifications. An explanantion of the alternative is presented. Substantial cost reductions and improved profitability may be obtained through the use of and application of this concept.