A certain type of injury has tangible costs of $40,000 per occurrence and intangible costs of $150,000 per occurrence.Injury frequency is .05 per year but would be reducible to .01 per year with the installation of a new guarding system.Calculate the annual benefit the new system provide.

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The Answer of A certain type of injury has tangible costs of $40,000 per occurrence and intangible costs of $150,000 per occurrence.Injury frequency is .05 per year but would be reducible to .01 per year with the installation of a new guarding system.Calculate the annual benefit the new system provide.

A Certain Type of Injury Has Tangible Costs of $40,000