What is meant by the term “tolerance” in manufacturing systems? If a batch of steel rods is manufactured to a nominal length of 5 m with a quoted tolerance of 2%, what is the longest and shortest...

What is meant by the term “tolerance” in manufacturing systems? If a batch of steel

rods is manufactured to a nominal length of 5 m with a quoted tolerance of 2%,

what is the longest and shortest length of rod to be expected in the batch?