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Genie Jiyun Kang Risk Management and Decision Making MSRC435-DL Midterm July 26, 2017 1. Ford Pinto Fire Case Product: Ford's Pinto manufactured in...

The ECRI Institute provides a recommendation in the form of the TRACER poster for the hazard of Mix­up of IV lines leading to misadministration of drugs and solutions. a) Identify and define the risk control options based on ISO 14971. b) Determine the type of risk control option (of the three) each TRACER recommendation represents. Provide a rationale for your selection (note the rationale is important so I can understand your logic). c) What is the priority order for implementing each risk control option on the TRACER poster? (10 POINTS)  4. For a risk / benefit analysis, what are the key considerations for evaluating, a) The risk b) The benefit c) The overall determination of the risk / benefi

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