Define lost-time frequency rate-severity rate


Discuss below in a 200 words each and use APA:

Q1: Define lost-time frequency rate, severity rate, and incidence rate. Choose the rate you believe best represents safety performance in a company and explain your reasoning.

Q2: Compare and contrast failure mode and effect analysis (FMEA), fault tree analysis (FTA), and management oversight and risk tree (MORT). Which technique do you believe would be most effective for hazard analysis in a facility that primarily performs welding operations?

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