In this video, Hemant Urdhwareshe explains how to estimate tolerance interval at given confidence level and specified percentage of distribution. The purpose of tolerance intervals is to assure that the tolerance limits specified during design are achievable during production! Often, the designers specify tolerance limits that are not demonstrated and create lot of rework and/or rejection during production phase. This can increase cost of poor quality (COPQ) and result in redesign of the product and/or revising specifications after the product is released for production. Changes made after product launch can be expensive
I am adding a small correction: at 7:01 minute, please read the tolerance interval as 152 to 308, (and not 358 as shown in the footer).
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