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James Erickson is a retired school district administrator who now works as a consultant specializing in hiring administrators for school districts. Jer used to charge

James Erickson is a retired school district administrator who now works as a consultant specializing in hiring administrators for school districts. Jer used to charge a flat fee of $5000 for each administrator hired, but he decided to develop a new pricing structure due to some inherent problems his previous approach. The new structure is as follows:
Due at signing:
Contract review:
Contract formulation:
Applicant Screening:
Preliminary interview:
Final interviews:
$1,500.00
$125? hour capped at 8 hours
$125? hour capped at 12 hours
$25 per applicant
$125 per interview
$175 per interview
Carol Ferguson is an overworked accounting clerk in a small school district. She sits at her desk, reviewing the price structure in the brochure form Erickson Consulting. She knows that Mr. Erickson is one of the most highly regarded educational consultants in the state but is not sure that the di can afford him. The school board had voted to budget $5000 for the district administrator search, based on Carols recommendation.
Write a formula reflecting the pricing structure for Erickson Consulting.
Carol presumes that there will be approximately 90 applicants, 10 preliminary interviews, and 3 final interviews. Using her numbers, what is the maximum that the district will have to pay Mr. Erickson?
Presuming that Carol is correct about the number of applicants, what are some ways that Carol can reduce her costs? What would you recomm
Why do you think Jerome Erickson changed his pricing structure? What were some of those inherent problems? What are the benefits of the c pricing structure?
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