You are working for SHSU and they tell you that 99,000 employees face a 1/61 probability of death at work because their work at the physical plant each of them receives a yearly wage of $67,000. On the other hand, 99,000 maintenance workers face 1/342 probability of death because of their work, each maintenance worker gets paid $33,000. Assume that both kinds of job require the same level of skills, effort and that all workers have the same preferences and tastes. Using this information, what would be the value of a statistical life of SHSU workers

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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