As you inspect a random sample of a newly designed manufactured part, there is a significant feature that requires attention. The feature is defined by the following callout:
After conducting the inspection, it is revealed that the feature deviates by 0.003 inches in proximity to A, being too close, and by 0.002 inches in relation to C, being too far away. Moreover, the feature exhibits a favorable deviation of 0.001 inches from the Maximum Material Condition (MMC) in terms of diameter. Based on these findings, please determine whether this part passes the inspection and provide the rationale behind your decision. Show the necessary steps.