A firm is looking to lease improved high-speed data transmissionlines between two remote locations from a service provider.Currently they transfer files with an average size of 100MB(megabytes) on a T1 line rated at 1.5 Mbps (megabytes per second)and it takes 9.4 minutes to transfer this file. It is estimatedthat in an 8-hour day, this data transfer happens 2 times per dayeach for 20 employees in a certain group and that each employeemakes (including benefits) on average $100,000 per year for a236-day work year [365-day year – 104 days for weekends – 10holidays – 15 days (3 weeks vacation)]. If they go to higher speedtransmission lines at 10 Mbps, how much in total ($$ savings) wouldthis add to the total productivity of the employees in thisgroup?
