You take the population of vehicles in the field (A) and
multiply it by the probable rate of failure (B), multiply the
result by the average cost of an out-of-court settlement (C).
A times B times C equals X.
If X is less than the cost of a recall, we don't do one.
page 30, Fight Club, Chuck Pahlanuik, fiction
-X- -X- -X-
500 fatalities X $200,000/fatalities
---------------------------------------- = $2.40/automobiles
41,000,000 automobiles
The cost to General Motors of ensuring that fuel tanks did
not explode in crashes, estimated by the company to be $8.59
per automobile, meant the company could save $6.19($8.59 minus
$2.40) per automobile if it allowed people to die in fuel-fed
fires than alter the design of vehicles to avoid such fires
Page 63, The Corporation, Joel Bakan, non-fiction
-X- -X- -X-
I didn't say it would be easy, Neo
horrifying.
ReplyDeleteand you take some beautiful pics, my man.
easing back into blogging after a good long while, watch out! Here comes the hot-stepper! (Eww, I can't believe I said that!)
ees not mee. ees ze peenk-polka-dottee.
ReplyDeletegood to have you back.
Did i see MATHS here?
ReplyDeleteyep yep yep :D
ReplyDeleteur awesome man.. just awesome!
ReplyDeletenow have a good day. :D
thanks man. umm, did the Force help ?
ReplyDeletedamn
ReplyDeletenotice bajaj autos are exempt from such cost-benefit analyses ... :D
ReplyDelete