3.21. A certain company estimates that implementation of a safety glasses policy will
cost $8000 per year. Eye injuries are rare in this plant, but 2 have occurred over
the past five years at a cost of $50,000 each including direct costs and
estimated hidden intangible costs. It is believed that the proposed safety
glasses policy will reduce the hazard of eye injuries by 75%. If interest and
inflation are ignored, the $20,000 actual cost is assumed to be typical of eye
injury costs. Perform a cost/benefit analysis to weigh the benefits of the
proposed safety glasses policy against its expected costs.
3.22. Explain why the enforcement approach is difficult to apply to the problem of
controlling hazards.
3.23. Which one of the analytical methods for hazard analysis and avoidance has
difficulty dealing with “maybe” situations?
3.24. Which of the following is said to “deal with absolutes?”
a. Epidemiology
b. Toxicology
c. FMEA
ref. p. 68
3.25. Which of the analytical methods for hazard analysis and avoidance is said to
“deal with absolutes?”
3.26. What drawback do fault tree analysis and the enforcement approach to hazard
avoidance have in common?