The Cost of a New Machine Is $250,000

question 51

Multiple Choice

The cost of a new machine is $250,000. The machine has a five-year life and no salvage value. If the cash flow each year is equal to 25 percent of the cost of the machine, calculate the payback period for the project.

• A)2.0 years
• B)2.5 years
• C)3.0 years
• D)4.0 years

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Definitions:

Training Transfer

The effective application of skills, knowledge, or competencies acquired during training to the job environment.

Training Transfer

The act of successfully applying the competencies, knowledge, and skills gained from a training program to daily tasks and responsibilities in a work setting.

Opportunities to Practise

Situations or activities designed to allow individuals to apply and refine their skills through repeated performance.

Baldwin and Ford

Baldwin and Ford is a model that outlines the factors influencing the transfer of training, including trainee characteristics, training design, and work environment.