Nice ! This could be a dynomite exercise if we only knew the voltage of the battery, the current, and the resistivity.
Answer:A) Risk(R)= $1000
B) There is justification for spending an additional cost of $100 to prevent a corrosion whose consequence in monetary terms is $1000
Explanation:R= Risk,
P=Probability of failure
C= Consequence of failure
Mathematically, R=P ×C
10 out of 1000 carbon-steal products failed
Probability of failure= 10/1000 =0.01
The consequence of failure by corrosion given in monetary term =$100,000
Risk of failure = 0.01 × $100,000
R=$1000
Potential energy due to gravity
