1- A manufacturer of dolls is experiencing asignificant number of errors. Specifically, out of every1,000 dolls there are 100 whichare defective. The company makes 500,000 dolls ayear and the cost to produce a doll is $3.50.
The doll company has decided to implement a training program toreduce mistakes. They have decided to engage a third party companyto provide the training. The company believes there will bea 95% reduction in defective dolls for one year after thetraining. It will include 25 employees who make30.00/h.
The needs analysis and training evaluation will cost2,000.00. The training program itself will cost5,600.00.
The program takes 5 hours and all the employees canparticipate at the same time. There will be light snacksprovided at a cost of $15/per participant. Thetraining will take place at the manufacturing location. Some minoradministration will take place. This will be 20 hours at$15 per hour. The cost of the trainer to deliverthe program is 100.00/hour.
What is the ROI of the program?
2- why is it important to provide health and safetytraining to employees? and what training methods would you choose?and why did you choose these training methods?