Question
As the safety engineer, you have determined that a project is required to drastically reduce the cost of injuries. The project will cost $10,000. Your
As the safety engineer, you have determined that a project is required to drastically reduce the cost of injuries. The project will cost $10,000. Your company's financial controller has required that all potential projects have a return on investment (ROI) analysis before approval. She has asked that you present an analysis showing the cost reduction for the following 3 years of implementation. Assume a 3% inflation rate in your calculation. The anticipated injury cost reduction is $1500 per year. Show all work, and make certain that your discussion that follows meets the minimum word requirement.
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