Which of the Following Quantitative Risk Analysis Techniques Relies Upon

question 33

Multiple Choice

Which of the following quantitative risk analysis techniques relies upon the calculation of net present value to determine if a project should be pursued or abandoned?

• A) Failure Mode and Effects Analysis (FMEA)
• B) Fault Tree Analysis
• C) Financial Engineering
• D) Sunk Cost Analysis

---

Definitions:

Excise Tax

A tax levied on specific goods, services, or activities, often with the aim of reducing their consumption or generating revenue.

Equilibrium Output

The level of output at which the quantity supplied equals the quantity demanded in a market.

Pollution Abatement

Actions or measures implemented to reduce, control, or eliminate pollution from various sources.

Society's Perspective

The collective viewpoints, interests, and priorities of a community or population regarding various issues or policies.