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Question

Laser Research, Inc., is sending their 5-person research team to a 3-day conference to learn a new automated lab procedure. One researcher earns $336 daily, 2 earn$360 daily, and 2 earn $390 daily. What will the 3-day conference cost Laser Research, Inc., in lost productivity for the 5 researchers?

Solution

VerifiedStep 1

1 of 3$1\times 3 \times \$336=\$1,008$

$2\times 3 \times \$360 = \$2,160$

$2\times 3 \times \$390 = \$2,340$

The cost of release time is the product of the number of days, the number of persons and the daily cost of release time.

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