Quote:
Originally Posted by Dirty Franck
It also bugs me that companies take calculated risks.
Take plane type x. Lets say it crashed 5 years ago and they found out a minor detail in the design can actually make the plane crash BUT it's very rare. It happened once and it can happen again but maybe only once every 25 years. So they then calculate what it would cost to repair all those planes or what it would cost in lawsuits and settlements when a plane might crash. Settlements would be cheaper? Ok no fixing of the plane.
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Narrator: A new car built by my company leaves somewhere traveling at 60 mph. The rear differential locks up. The car crashes and burns with everyone trapped inside. Now, should we initiate a recall? Take the number of vehicles in the field, A, multiply by the probable rate of failure, B, multiply by the average out-of-court settlement, C. A times B times C equals X. If X is less than the cost of a recall, we don't do one.
Business woman on plane: Are there a lot of these kinds of accidents?
Narrator: You wouldn't believe.
Business woman on plane: Which car company do you work for?
Narrator: A major one.