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3 years ago

Managing the Toronto Propane Explosion

Business

1 answer:

Elena-2011 [213]3 years ago

4 0

Answer:

Explanation:

1. Summary of Toronto Propane Explosion

The Toronto propane explosion (also known as the Sunrise Propane incident) was a series of explosions and ensuing fire that took place on the morning of August 10, 2008, in Downsview, North York, Toronto, Ontario, Canada.The explosions occurred at the Sunrise Propane Industrial Gases propane facility, located near Keele Street and Wilson Avenue . The blasts caused thousands of people to be evacuated from their homes and cost C$1.8 million to clean up, half of which was paid by the province of Ontario. An employee of Sunrise died in the initial explosions and a firefighter died of cardiac arrest the next day while at the scene.

2. Why did the TSSA become the "culprit" here

They are culprit because they failed to protect the civilian by ensuring public safety—it’s the cornerstone that TSSA is built on. And while owners, contractors and residence play their parts in helping keep everyone safe, it’s TSSA who enforces, inspects and advocates for the public.

3. Why did the TSSA become the target of the media and public opinion?

TSSA did not make a Moves to Improve Safety in Ontario explosion which claims a lot of damages.

4. What would you advise the minister to do?

The minister should establish a law to revoke any company that violate its obligation liscense

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Ocean sound college, a liberal arts college located on the west coast, provides dormitory housing for approximately half of its

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4 years ago

OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $4 million,

Deffense [45]

Answer:

Requirement 1: $257,000 Positive

Requirement 2: IRR is higher than 10%

Explanation:

Requirement 1:

We can use the following formula, to calculate the net present value of the project:

Net Present Value = Annual Cash Inflows * Annuity Factor - Investment

Here

Annual Cash Inflow is $500,000

r is 10%

n is the life of the project which is 20 years

Annuity factor = (1- (1+r)^-n) / r = (1 - (1 + 10%)^-20) / 10% = 8.514

Investment is $4,000,000

By putting values in the above equation, we have:

Net Present Value = $500,000 * 8.514 - $4,000,000

NPV = $257,000 Positive

Requirement 2:

Internal rate of return gives the required rate at which NPV is zero.

Since NPV is positive at 10%, IRR will be higher than 10%.

Always remember that, increase in the discount rate decreases the NPV and vice versa.

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4 years ago

Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to tota

Anni [7]

Answer:

Estimated manufacturing overhead rate= $2.32 per machine hour.

Explanation:

Giving the following information:

Overhead costs are estimated to total $292,552 for the year, and machine usage is estimated at 126,100 hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 292,552/126,100= $2.32 per machine hour.

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4 years ago

Meginnis Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its ave

Ivan

Answer:

$53, 700

Explanation:

The question is not complete:

The completion is here:

6000 Units were produced and determine the total amount of direct manufacturing cost incurred.

Step 1: Calculate the Direct Manufacturing Cost

Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.

Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced

= ($5,20 + $3.75) x 6000 units

= $8.95 x 6000 units

= $53, 700

Therefore, the direct manufacturing cost is $53, 700

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3 years ago

References that employers trust for the most accurate reporting include

Aliun [14]

Answer: counselors

Explanation:

References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.

It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.

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3 years ago

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