Question: Suppose SureStep could begin a machinery upgrade and training program to increase its worker productivity. This program would result in the following values of labor

Suppose SureStep could begin a machinery upgrade and training program to increase its worker productivity. This program would result in the following values of labor hours per pair of shoes over the next four months: 4, 3.9, 3.8, and 3.8. How much would this new program be worth to SureStep, at least for this four-month planning horizon with no backlogging?

How might you evaluate the program’s worth beyond the next four months?

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