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    AnggunSismami
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    The document is a math problem that calculates the costs of 4 different training programs to determine the most cost efficient option. It lists the program costs, administration fees, number of HR staff needed, and hours to complete training for each program. It then shows the calculations to determine the total cost of each program by adding the program cost, fee, costs of HR staff wages, and costs of trainee wages. The solution states that the first program has the lowest total cost at $18,770, making it the most cost efficient option.

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    The document is a math problem that calculates the costs of 4 different training programs to determine the most cost efficient option. It lists the program costs, administration fees, number of HR staff needed, and hours to complete training for each program. It then shows the calculations to determine the total cost of each program by adding the program cost, fee, costs of HR staff wages, and costs of trainee wages. The solution states that the first program has the lowest total cost at $18,770, making it the most cost efficient option.

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    © All Rights Reserved
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    378 views1 page

    Answer 43185

    Uploaded by

    AnggunSismami
    The document is a math problem that calculates the costs of 4 different training programs to determine the most cost efficient option. It lists the program costs, administration fees, number of HR staff needed, and hours to complete training for each program. It then shows the calculations to determine the total cost of each program by adding the program cost, fee, costs of HR staff wages, and costs of trainee wages. The solution states that the first program has the lowest total cost at $18,770, making it the most cost efficient option.

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    © All Rights Reserved
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    Answer on Question # 43185, Math, Combinatorics | Number Theory

    Task:
    Program Cost $14,000 $13,000 $14,500 $16,000

    Administration Fee $145 $170 $140 $130

    HR Staff Needed 3 4 4 3

    Hours to Complete Training 25 28 25 30

    A human resource manager is considering replacing a traditional training program with a new

    virtual training program for 10 new employees. The salary of the human resource (HR) staff is

    $20 per hour, and the salary of new employees is $12.50 per hour.

    Assuming the quality of programs is equal, which is the most cost efficient?

    Solution:

    For the first program:

    14000 + 145 + 3 ∗ 20 ∗ 25 + 10 ∗ 12.5 ∗ 25 = 18770

    For the second program:

    13000 + 170 + 4 ∗ 20 ∗ 28 + 10 ∗ 12.5 ∗ 28 = 18910

    The third:

    14500 + 140 + 4 ∗ 20 ∗ 25 + 10 ∗ 12.5 ∗ 25 = 19765

    The fourth:

    16000 + 130 + 3 ∗ 20 ∗ 30 + 10 ∗ 12.5 ∗ 30 = 21680

    Answer:

    The first is the most cost efficient. (The smallest number)

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