A multi-nаtiоnаl cоrpоrаtion plans to implement a wellness program for its employees. Four independent programs were evaluated with a Cost-Effectiveness Analysis. The results are given below for each program. Program Cost, $/employee Effect, in work-units Cost-Effectiveness Ratio (CER) A 3.75 42 0.09 B 5.20 52 0.10 C 23.40 180 0.13 D 8.65 54 0.16 The budget is $10 per employee. Based on these results, the company should [do]
The lоcаlly-оwned аnd оperаted King Arroyo Olive Mill is considering two options for bottling olive oil. Option 1: The mill can purchase an automated bottling line for $85,000. The bottling line will have a 5-year life with $8,500 salvage value. Operating costs will be $750 per day. Option 2: The mill can lease the same bottling line for $1,500 per day. At an interest rate of 8% per year, the number of days per year the mill must need the bottling line in order to justify its purchase is closest to [be]