The government decided to have a training program. Below is the costs and number of trainee each alternative program can achieve. Project cost Number of Trainees A 45 B C D E F 100 80 190 270 300 10 20 45 60 65 80 a. The government decided that the program can be repeated over time and therefore, they may choose a small size program as long as it trains at least 15 trainees, Would this choice be different from the most cost-effective project? (Show your numbers in the above table) b. Assume that the government will not be able to repeat the program soon, so the more the number of trainees the better, But at the same time the budget cannot exceed 280. Which project would they choose in this case? (Show your calculations in the above table)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The government decided to have a training program. Below is the costs and nu
alternative program can achieve.
Project cost Number of
Trainees
AB
C
D
E
F
100
80
190
270
400
300
10
20
45
60
65
80
of trainee each
a. The government decided that the program can be repeated over time and therefore, they may
choose a small size program as long as it trains at least 15 trainees. Would this choice be
different from the most cost-effective project? (Show your numbers in the above table)
b. Assume that the government will not be able to repeat the program soon, so the more the
number of trainees the better. But at the same time the budget cannot exceed 280. Which
project would they choose in this case? (Show your calculations in the above table)
Transcribed Image Text:The government decided to have a training program. Below is the costs and nu alternative program can achieve. Project cost Number of Trainees AB C D E F 100 80 190 270 400 300 10 20 45 60 65 80 of trainee each a. The government decided that the program can be repeated over time and therefore, they may choose a small size program as long as it trains at least 15 trainees. Would this choice be different from the most cost-effective project? (Show your numbers in the above table) b. Assume that the government will not be able to repeat the program soon, so the more the number of trainees the better. But at the same time the budget cannot exceed 280. Which project would they choose in this case? (Show your calculations in the above table)
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