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Capism Assignment is on Investing in the productivity improvements offered by the HR module - Assumption 1 (Tab 1 in Excel spreadsheet). Provide numbers and calculations for the following: 1) cost savings for years 1-5; 2) Cost savings for the sixth year; 3) Total cost savings. Then answer: Would this justify the necessary expenditures in recruiting and training made over time?

Training Costs

Round 1 # Employees need to hire= 55 # Hours = 80    Cost per hour = $20 Total Training Costs = $88,000.00

Round 2 # Employees need to hire= 48 # Hours = 80    Cost per hour = $20    Total Training Costs = $76,800.00

Round 3 # " " = 46 # Hours = 80    Cost per hour = $20    Total Training Costs = $73,600.00

Round 4 # " "    = 40 # Hours = 80 Cost per hour = $20    Total Training Costs = $64,000.00

Round 5 #    " "    = 45 # Hours = 80 Cost per hour = $20 Total Training Costs = $72,000.00

Round 6 # " " = 43 # Hours = 80    Cost per hour = $20 Total Training Costs = $68,800.00

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92484855

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