Question: Because the work is so challenging, five people leave their MO job at the end of every month. To fill those vcncies, MO conducts traing
Because the work is so challenging, five people leave their MO job at the end of every month. To fill those vcncies, MO conducts traing sessions to get 10 new workers to its front line dtaff every two minths. The trainng sessions take one week to complete and have a fixed cost of 2000$ no matter how many new hires are being trained. After completing their training, workers are on call and assigned to part time duties while they wait for a full time spt to open. Mngement at MO ha estimated each on cll worker cost 7500$ annualy.
Use the EOQ Calculator to calculate the total annual cost of the strategy described above. Include your calculations. If you are using Mighty Oaks Scenario 2, thats the total annual cost of the MO recruitment strategy.
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