Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Need for safety
1. Cost Saving: Two type of costs are incurred by the management when an accident occurs. There are the direct costs in the form of compensation payable to dependents of he victim if the accident is fatal and medical expenses incurred in treating the patient if the accident is non fatal. The management, however is not liable to meet the direct costs if the victim is insured under the ESI scheme. When the victim is uninsured, condensation and medical expenses are the responsibility of the management. Here is the cost of risk management which he management must bear.
More serious than the direct costs are the direct of hidden costs which he management cannot avoid. In fact the indirect costs are three to four times higher than the direct costs. Hidden costs includes loss on account of down time of operators, slowed up production rate of other workers materials spoiled and labor for cleaning and damages to equipment.
2. Increases Productivity: Safety plant are efficient plans. To a large extent, safety promotes productivity. Employees in safe plants can devote more time to improving the quality and quantity of their output and spend less time worrying about their safety and well being.
3. Moral: Safety is important on human grounds too. Managers must undertake accident prevention measures to minimize he pain and suffering the injured worker and his her family are often exposed to as a result of the accident. An employee is a worker in the factory and the bread winner for his her family. The happiness of his her family depends upon the health and well being of he worker.
4. Legal: There are legal reasons too for undertaking safety measures there are laws covering occupational health and safety and penalties for non compliance have been quite severe, the responsibility extends to the safety and health of the surrounding community too.
Computerized Relative Allocation of Facilities Technique (CRAFT): The previous difficulty can now be alleviated because of the availability of computer software packages like
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
charateristics of a good network
Want to create a feasibility study for class assignment using consulting firm as my entrepreneur business located in Charlotte, North Carolina USA question..
Risk Matrix Terminology It is a term where table used in risk analysis in which rows show the risks and columns show their likelihood (probability) of occurrence and their imp
Question 1: Define deterministic model of inventory control. Explain inventory costs and relationships Description of deterministic model of inventory control Invento
Project process cycle Any project professionally planned will target specified goals within the framework of time with available resources. The project passes through the foll
After collecting random data located on a text file, we tested our model to see the appropriateness of the data collected. We tried more than one method and ended up using the fit-
Question: (a) With reference to the Confined Space Regulations 1997. (i) Give the meaning of ‘confined space', providing TWO workplace examples (ii) What are the speci
Explain the Gantt Charts in risk management. Gantt Charts: By Henry Gantt a time chart devised into 1917s, an American engineer. This chart is a horizontal bar chart ut
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd