The Quality Loss Function, also known as the Taguchi Loss Function, is a concept developed by Genichi Taguchi that quantifies the financial loss to society caused by a product's deviation from its target performance.
Posts tagged as “Genichi Taguchi”
50 World’s Most Prominent Business Thinkers
September 19, 2025 |
The following list presents 50 of the most prominent business thinkers and their key contributions, offering a comprehensive overview of the intellectual history of management and the core ideas that underpin modern business practice.