Suppose SureStep could begin a machinery upgrade and training program to increase its worker productivity. This program would result in the following values of labor hours per pair of shoes over the...


Suppose SureStep could begin a machinery upgrade and training program to increase its worker productivity. This program would result in the following values of labor hours per pair of shoes over the next 4 months: 4, 3.9, 3.8, and 3.8. How much would this new program be worth to SureStep, at least for this 4-month planning horizon with no backlogging? How might you evaluate the program’s worth beyond the next 4 months?



May 22, 2022
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