Product Safety: Terms, Concepts, and Regulations, Quizzes of Production and Operations Management

Download Product Safety: Terms, Concepts, and Regulations and more Quizzes Production and Operations Management in PDF only on Docsity! TERM 1 Product Safety DEFINITION 1 tension between safety advocates and product manufacturers, government is referee, political influences reduce government's involvement TERM 2 Casual Factors in Injuries DEFINITION 2 poorly designed or defective products, misuse that is forseeable, incorrect age use, enviornmental factors, human behavior (knowledge, state of body or mind) TERM 3 Product Safety Goals DEFINITION 3 Reduce number of injuries, reduce the severity of injuries that happen TERM 4 Cost/Benefit Analysis DEFINITION 4 apporach to policy recommendation that quantifies monetary costs and benefits TERM 5 Net Benefit DEFINITION 5 the total of all the benefits of a course of action less all the costs TERM 6 Reasonable Risk DEFINITION 6 consumer understands that risks exist, can appraise probability and severity, knows how to cope with them, and accepts the risks to get the benefits TERM 7 Unreasonable Risk DEFINITION 7 consumer does not know that the risk exists, is unable to asses risk or does not know how to cope with it, or when risk is unnecessary TERM 8 Risk for Policy Decision DEFINITION 8 must be known hazard, probability that hazard causes injury or death, industry fails to voluntarily regulate, political willingness to regulate TERM 9 Consumer Responsibilities DEFINITION 9 check safety before buying, register for recall notices and respond, follow instructions with item, use products as intended, assume responsibility for normal precautions, notify authorities when product fails TERM 10 Consumer Product Safety Commission DEFINITION 10 established in 1973 as an independent agency, oversees products sold in the US, some products regulated by other agencies, budget has been reduced dramatically