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Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic initiatives. Chester is planning

Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic initiatives. Chester is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?
Select: 1
$2,900,880
$1,194,480
$725,220
$298,620

Andrews Baldwin Chester Digby
Needed Complement 67 581 711 369
Complement 67 581 711 369
1st Shift Complement 67 350 389 237
2nd Shift Complement 0 231 322 132
Overtime% 0.0% 0.0% 0.0% 0.0%
Turnover Rate 6.7% 6.0% 10.0% 8.0%
New Employees 5 35 75 29
Separated Employees 433 73 0 104
Recruiting Spend $5,000 $5,000 $0 $2,500
Training Hours 80 80 0 40
Productivity Index 115.5% 129.1% 100.0% 118.3%

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