Using the above information and any cost analysis method or workers compensation modelling of your choosing, help explain why this company should implement the new employee training for $50,000. Assumptions can be made, just explain what and why you made those assumptions. Thank you!

ABC Manufacturing Work Comp Loss Profile 2018: 5 Claims 2 back injuries with 18 missed work days with $84,527 in paid costs. 2 Slip and Fall injuries with 4 missed work days and $23,542 in paid costs. 1 Carpal Tunnel injury with 8 total missed days and $34,632 in paid costs. 2017: 4 Claims 3 Slip and Fall injuries with 8 missed work days and $43,524 in paid costs. 1 Auto accident with 1 missed work day and $1,832 in paid costs. . . 2016: 3 Claims 2 Auto Accidents with 9 missed work days and $18,342 in paid costs. 1 Caught Between injury with 47 missed work days and $143,321 in paid costs. ABC Has a Work Comp Policy that has a $10,000 PER INCIDENT Deductible The average hourly wage for all employees is $15.00. Assume 8 hours per work day. Yo nthe lack of company-sponsored safety programs and are writing a letter to the otten together with a group of fellow employees who are concerned out the lack of compa ab CEO $50, ask for improved plant safety programs. The cost of your group's proposal is improve machine guarding and working surfaces in the production areas, and 00 to implement employee training programs, clean up several areas of the implement an employee safety incentive program