Question: A large research hospital is considering a new computer-based training course for Lab Safety. The total cost of their current training program is $80,000 per
A large research hospital is considering a new computer-based training course for Lab Safety. The total cost of their current training program is $80,000 per year. If the new training program will reduce these costs to $60,000 per year, what is the maximum acceptable cost to initiate the program in order to reach the Break-Even Point within three years?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
