How much in additional sales necessary to make up losses

Reference no: EM131039150

Cost/Benefit Analysis - Safety Pays Dropbox Assignment

Instructions: Answer the questions below using OSHA's Safety Pays website: https://www.osha.gov/dcsp/smallbusiness/safetypays/estimator.html

1. There have been three incidents of carpal tunnel syndrome in the last year at your facility. The profit margin in your company is 3%. How much in additional sales does your company need to make to cover the losses from these incidents?

2. A worker at your facility had his arm amputated due to a work-related incident. Your business is quite profitable. Your profit margin is 10%. How much in additional sales does your company need to make to cover the loss from the amputation?

3. Three cases of dermatitis have been reported last year at your facility. Your business has a profit margin of 6%. How much in additional sales does your company need to make to cover this loss?

4. What if all the above injuries occurred in one plant with a profit margin of 3%? How much in additional sales would be necessary to make up the losses?

Reference no: EM131039150

Questions Cloud

Observe current trends and anticipate : What will happen to the retail industry over the course of the next 10 years? It is dif?cult to make predictions. With regard to the retail industry, one can observe current trends and anticipate where they will lead over the course of the coming ..

Plaintiff''s settlement offer and countered : Do you think the punitive damages in Liebeck v. McDonald's was justified? Why, or why not? Does it make a difference that McDonald's rejected the plaintiff's settlement offer and countered with an offer of $800 or that McDonald's had already settl..

Describe the team leader''s role in an ideo-type organization : Would an IDEO-type organization appeal to you? Explain. Would you have any reservations about working in a organization structured lied IDEO?

Requirements to receive a real estate license in : 1. What was added to the Fair Housing Act in 1974 and 1988 that affects real estate agents? 2. What are the requirements to receive a real estate license in? (Florida)

How much in additional sales necessary to make up losses : What if all the above injuries occurred in one plant with a profit margin of 3%? How much in additional sales would be necessary to make up the losses?

Eclipse failure have for entrepreneurs : 1. What lessons does Eclipse's failure have for entrepreneurs who are studying the industry or industries they are about to enter?

Problem regarding the turnaround at nissan : What was done to improve efficiency, adaptation, and human relations, and how were the potential trade-offs among these performance determinants handled?What effective change management practices were used at Nissan?What traits and skills can help..

Staff and customers in race discussions and issues : What does the company plan to accomplish by engaging its staff and customers in race discussions and issues? How would this benefit the society? Could Starbucks be playing a dangerous game by getting its employees involved in such sensitive issues?

Create a gantt chart illustrating the project tasks : Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

User Account

All Pages