In this podcast, I discuss the Taguchi Loss Function again, this time using some real-life examples. I discuss hotel pool temperatures, solar eclipses, and fruit ripeness.
I originally talked about this topic in Episode 37, explaining how an increase in variation away from the target value (even within specification limits) leads to an exponential increase in customer dissatisfaction. This is different than the traditional approach of viewing results within the specification limits as good, and results outside of the specification limits as bad.
Hope you enjoy this topic. If you think of other real-life examples, please let me know!
Links
- Solar Eclipse Video: https://www.youtube.com/watch?v=VKsVT5tzPY4
- Podcast episode #37 – Taguchi Loss Function: https://podcasters.spotify.com/pod/show/leansixsigmabursts/episodes/E37-What-is-the-Taguchi-Loss-Function-e11qlov
- What is the Taguchi Loss Function?: https://www.leansixsigmadefinition.com/glossary/taguchi-loss-function/
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