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Name: Bailey.A. Charles. Program: Chemical Engineering. MAT NUMBER: 13CF015127. Course: Che 431 Assignment
Name: Bailey.A. Charles. Program: Chemical Engineering. MAT NUMBER: 13CF015127. Course: Che 431 Assignment
QUESTION 1.
Solution
QUESTION 2.
The risk=ProbabilityConsequence=
20/100N9,000,000=N1,800,000
B.
C.
Minimum risk =?
To calculate the minimum risk we need to know what
percentage of N9,000,000 is N450,000.
Let the minimum risk be =x
Hence , X/100 0f N9,000,000= N450,000
N9000,000X/100= N450,000
9X=45
X= 45/9
X= 5%
Hence, the minimum percentage of failures caused by
residual salt contamination at which the additional cost of
N450,000 for testing and removal is justified is 5%.