Cost Analysis of Unsafe Products

Safety in a product comes at no cost

Unsafe products do not acquire Secondary Costs to the producer beyond the Primary Costs

Any improvement in safety as it relates to an engineered product is often accompanied by an increase in the cost of that product. (correct)

Absolute safety is possible to attain in an engineering product

Warranty costs, loss of goodwill, loss of customers, litigation costs, downtime costs in manufacturing, etc (correct)

Production, materials, design, or any cost required to produce the product

The cost of improving safety in an engineered product

The cost of attaining absolute safety in an engineered product

A highly risky (low safe) product

A product with no safety features

A highly safe (low risk) product (correct)

A product with low risk and low safety features