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Title
Advanced Application of Taguchi's Loss Function.
Authors
Afshan, Nikhat; Bhardwaj, Sunil
Abstract
Taguchi's loss function has immensely contributed to reduction of losses incurred by the society. It has been successfully used in services and manufacturing industries and has helped in reducing losses caused by variation of desired characteristics. This study shows that its application in various fields has helped in better decision making, quality improvement and highlighted its advantages over the traditional theory of quality.
Publication
IUP Journal of Systems Management, 2010, Vol 8, Issue 1, p29