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Risk Tolerance: How Low Do You Go?
Posted on February 26th, 2016 by Mike Schmidt in Chemical Manufacturing Excellence
“Some risks are plainly acceptable and others are plainly unacceptable.” (I.U.D. v. A.P.I., 448 U.S. 607, 655).
When Justice Stevens wrote that opinion for the majority in the 1980 OSHA Benzene case, he went on to add that odds of fatality of one in a billion could not be considered significant but that for odds Continue reading “Risk Tolerance: How Low Do You Go?” »
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