Training return investment is calculation of economic return

Assignment Help Operation Management

Reference no: EM13822245

Training return on investment (ROI) is a calculation of economic return on a project. Refer to the lecture for the formula. Review this problem.

An organization lost 125 employees last year, at a cost of $5,000.00 each. (Value is derived from cost to rehire and fill opening, as well as lost investment in the employee.) You suggest that a one-time investment in a training program (costing $250,000 up front) will reduce turnover by 50%. Calculate the following numbers using historical figures as your assumptions.

Total savings that the program stands to create

Net savings the first year in place

Return on investment after one year

Return on investment after two years

Return on investment after six months (assume half of the employees/but all of the cost) (5 points)

Reference no: EM13822245

Questions Cloud

Telecommunication network installation and management : When it comes to telecommunication network installation and management, as a business manager, you have to make a crucial decision to choose between hiring an expert to do the work or do it yourself. Which choice is better, and why? What criteria sho..

Obtain a plan that will minimize the processing costs : Use the assignment method to obtain a plan that will minimize the processing costs a. The combination 2-D is undesirable. The sequence is (Click to select)A-B-C-D-EB-A-C-E-DC-A-D-E-BD-A-B-C-EE-A-B-C-D. b. The combinations 1-A and 2-D are undesirable...

What are the spending and schedule variances for the project : A project has just completed its 87th item in the project plan. It was scheduled to have spent $147,000 at this point in the plan, but has actually spent only $135,000. The project manager estimates that the value of the work actually finished is nea..

What is minimum total annual cost for managing inventory : A company stocks a component that costs $20 per unit. Annual usage of this item is expected to be 3640 units. The firm is open for business 52 weeks per year, so weekly demand is 70 units per week, with a standard deviation of 20 units. What quantity..

Training return investment is calculation of economic return : Training return on investment (ROI) is a calculation of economic return on a project. An organization lost 125 employees last year, at a cost of $5,000.00 each. (Value is derived from cost to rehire and fill opening, as well as lost investment in the..

Recently gone through a major change : Find an example of a company that has recently gone through a major change. What type of change was it? Why did the organization make the change, and what does it hope to achieve from it?

Swot analysis of the first automobile : SWOT analysis of the first automobile (steam-powered engine) by Nicolas-Joseph Cugnot. Please help. Possible threats if possible? I figured out most of the others.

What is the new after tax weighted cost of capital : The Capital structure of Matejcek and Kelloggs' Woodshop and Tea Room Emporium is provided below. Assume that US treasury bills (risk free option) have a return rate of 5% that the current market return rate is 15%, and that the company's Beta (\beta..

Major steps of the process maria will have to oversee : Which documents should Maria read before attends the training class on how to become RWW Certified as an ISO 27000-compliant organization? Support your response. Based on what you know about ISO 27000 program certification, what are the major steps o..

User Account

All Pages