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One group of 20 trainees estimated a total overall monthly cost benefit of $336,000 related to business improvements and showed an average 70 percent confidence level with that estimate. The calculation is as follows: 70 percent multiplied by $336,000 gave a cost-benefit of $235,200. This number was divided by 20 ($235,200/20 trainees) to give an average estimated cost benefit for each of the trainees ($11,760). To calculate ROI,1. Identify outcomes (e.g., quality, accidents).2. Place a value on the outcomes.3. Determine the change in performance after eliminating other potential influences on training results.4. Obtain an annual amount of benefits (operational results) from training by comparing results after training to results before training (in dollars).5. Determine the training costs (direct costs + indirect costs + development costs + overhead costs + compensation for trainees).6. Calculate the total benefits by subtracting the training costs from benefits (operational results).7. Calculate the ROI by dividing operational results by costs. The ROI gives an estimate of the dollar return expected from each dollar invested in training.
Compute covariance between returns of Stock A also Stock B. For convenience, assume that expected returns of Stock A also Stock B are 11.75 percent also 18 percent, respectively.
Illustrate what is average time spent waiting in line to get to ticket window. Illustrate what is probability which re are more than two people in system? More than three people or more than four.
The supply also demand for economy cars also the total cost of moving these vehicles between sites are shown below. Elucidate what would you have to do to the costs to assure which A always sends a car to D as part of the optimal solution.
What are the business benefits of BI (Business Intelligence) deployments and the main challenges required to extend BI tools beyond
What can the Pres do now to make the improvement initiative more successful?
Under its original business model, what advantages did Dell gain from its tight control system? What disadvantages is the company now experiencing?
What is the best decision based on an expected monetary value criterion, The product design group of Flores Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies
Do you think being is same as Big Five trait of agreeableness. If so, do you think companies should screen out those who score low on agreeableness.
Illustrate what is the relationship among organizational theory, design, change also organizational structure also culture.
What is the probability that Lynn will have more than $1 million in her retirement fund when she reaches age 60?(psitarget(f35,1000000))
Define liability of foreignness and regionalism. Describe corporate strategic alliance and discuss why a company would want to develop one. Are strategic alliances necessary for a company to expand internationally?
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line
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