The company spends $$8,000$ per quarter in wages for each Level $1$ employee. Productivity is currently $208$ units per worker, requiring $491$ Level $1$ employees to meet the production goal of $102,000$ units. By spending $$60,000$ on training, it is projected that productivity can be increased $2\%.$

What is the new productivity if it increases $2\%$ over the current $206$ units per worker?

How many employees will be required to meet the production goal of $100,000$ units at the new level of productivity? Since you can$$t have a fraction of a worker, remember to round up to the nearest whole worker.

What is the savings from the reduced number of Level $1$ employees?

Use the following formula to calculate the return on investment from the training expense:ROI $=100\%\backslash$times $($Savings $$ Expense$)/$ Expense

Is the investment in training worthwhile? Yes Or No

Besides reduced cost of production, what other benefits, if any, might be gained from training?

Reduce turnover

Increase diversity

Improve morale

Increase quality