Calculate personnel costs of your present method with a proposed method. The current method has a unit
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Question:
Calculate personnel costs of your present method with a proposed method. The current method has a unit value of 30.0 minutes and you are considering a new method that has a unit value of 20 minutes. Here is some other pertinent information: Test volume is 1000 procedures per month with average productivity at 75%. Each person gets 6 weeks off per year that is paid and the average salary is $28,000 per year with an 18% benefits package.
Calculate the number of workload hours per year
Calculate the number of FTE's required for each method:
Note :unit value is the amount of minutes taken to run each test
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