An improvement team has estimated that the solution identified would cost $150,000 to implement. It is projected to give a benefit of $100,000 per year over a 3 year horizon. What should the improvement team do?

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Geek Boy Staff asked 12 months ago

An improvement team has estimated that the solution identified would cost $150,000 to implement. It is projected to give a benefit of $100,000 per year over a 3 year horizon. What should the improvement team do?
a. Not implement the solution as overall return is negative.
b. Not implement the solution as 1st year return is negative.
c. Implement the solution as overall return is positive.
d. Implement the solution as 1st year return is positive.

Question Tags: Process Improvement

1 Answers

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Lokesh Kumar Staff answered 12 months ago

c. Implement the solution as overall return is positive.

An improvement team has estimated that the solution identified would cost $150,000 to implement. It is projected to give a benefit of $100,000 per year over a 3 year horizon. What should the improvement team do?

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