Presented here is the information needed to calculate the Utility estimate of a cross-training project using the following formula. U= (N) (T) (dt) (SDy) - C Using this formula submit the following in a paper/Word document. Important Instructions: Complete the equation. Show your work (math at each level) in relation to the formula so I may best help identify any problems in your solution. Number each question/response. Then, answer the following: 1. What is the projected benefit to the organization of training these thirty (30) team members? [ product of (N) (T) (dt) (SDy) ] 2. What was the cost? [ sum of C ] 3. What is the estimated change in utility of this training? [ sum of U ] 4. Describe how you would "present" this information to top management, as they consider whether or not to use this training program for others in the organization?

Given Data:

N = 30 employees

T = 1 year (conservative estimate)

Untrained performance = 22.5 units/day

Trained performance = 26 units/day

Standard deviation (units/day) = 5

SDy = $10,000

Cost per employee = $2,000

Total cost (C) = 30 $2,000 = $60,000