2. Which of the following is the common factor to most effectively ensure safety goals are achieved?
3. Which of the following is not a criterion for evaluating costs and benefits?
4. In this type of analysis, the dollar values of all benefits and costs connected with program alternatives are estimated and then compared:
5. If a company's profit margin is 5% and the unit selling price of their product is $25. How many units must be sold to cover a $25,000 accident cost?
6. XYZ has averaged one carpel tunnel injury a year for the past three years. They decide to invest $12,000 to improve the design of four workstations to prevent the recurring carpel tunnel injuries. Each injury averages $35,000 in total accident costs. What will be the estimated return on the investment (ROI) over the next five years?
7. ABC Environmental decides to invest $20,000 to eliminate fall hazards that have caused an average of 2 falls a year and averaged $50,000 per accident. What is the estimated payback period in years for this investment?
8. Expressing the cost to take corrective action and make improvements is better expressed as a/an ______________ to communicate the notion that the employer will realize a financial return.
9. How much business volume is required if a company's profit margin is 5%, 300 units are required to cover the loss, and the unit selling price is $32.00? (Brauer 522)
10. Which of the following is not one of the ways to express the cost of safety? (Brauer 522)
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