Question 3

As the safety engineer, you have determined that a project is required to drastically reduce the

cost of injuries. The project will cost $10,000. Your company's financial controller has required

that all potential projects have a return on investment (ROI) analysis before approval. She has

asked that you present an analysis showing the cost reduction for the following 3 years of

implementation. Assume a 3% inflation rate in your calculation. Assume a value for injury cost

savings. Show all work, and make certain that your discussion that follows meets the minimum

word requirement.