Question: A large research hospital is considering a new computer based training course for lab safety. The total cost of the hospital's current training program is
A large research hospital is considering a new computer based training course for lab safety. The total cost of the hospital's current training program is $80,000 per year? If the new training program will reduce these cost to $60,000 per year, what is the MAXIMUM ACCEPTABLE COST to initiate the new program to reach the BREAK EVEN POINT within three year? What is the RETURN ON INVESTMENT for the scenario?
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