quality loss function definition

quality loss function

Mathematical formula that estimates the loss of quality resulting from the deviation of a product characteristic from its target value. Developed by Dr. Genichi Taguchi of Japan, it is often expressed in terms of money lost, and suggests that such losses increase geometrically as the square of the deviation from the target. See also Taguchi method.

quality loss function is in the Quality Control & Management subject.

This content can be found on the following page:

http://www.businessdictionary.com/definition/quality-loss-function.html