\begin{tabular}{lccccc}
& & \multicolumn{5}{c}{Year-to-date Turnover} \\
& & & & \\
Group & \begin{tabular}{c}
Avg. Head- \\
count
\end{tabular} & Total & [tex]$\ \textless \ 90$[/tex] Day & This Year & Last Year \\
\hline A & 95 & 16 & 8 & [tex]$16.8 \%$[/tex] & [tex]$16.2 \%$[/tex] \\
B & 80 & 14 & 5 & [tex]$17.5 \%$[/tex] & [tex]$11.1 \%$[/tex] \\
C & 55 & 8 & 2 & [tex]$14.5 \%$[/tex] & [tex]$9.8 \%$[/tex] \\
D & 45 & 4 & 0 & [tex]$8.9 \%$[/tex] & [tex]$10.3 \%$[/tex] \\
\hline Total & 275 & 42 & 15 & [tex]$15.3 \%$[/tex] & [tex]$14.3 \%$[/tex] \\
\hline
\end{tabular}

Assuming the cost of an associate leaving within 90 days is [tex]$\$[/tex]3,000$, what will be your facility's approximate cost of early turnover for this year?



Answer :

To determine the facility's approximate cost of early turnover for this year, let's break down our steps as follows:

1. Identify the number of associates leaving within 90 days for each group.
2. Multiply these numbers by the cost per associate leaving within 90 days.
3. Sum the results to get the total cost of early turnover.

Given the data:

- Group A: 8 associates left within 90 days.
- Group B: 5 associates left within 90 days.
- Group C: 2 associates left within 90 days.
- Group D: 0 associates left within 90 days.

The cost per associate leaving within 90 days is [tex]\( \$3,000 \)[/tex].

Let's calculate the cost for each group:

- For Group A: [tex]\( 8 \times 3000 = 24000 \)[/tex] dollars.
- For Group B: [tex]\( 5 \times 3000 = 15000 \)[/tex] dollars.
- For Group C: [tex]\( 2 \times 3000 = 6000 \)[/tex] dollars.
- For Group D: [tex]\( 0 \times 3000 = 0 \)[/tex] dollars.

Now, summing these costs gives us the total cost of early turnover:

[tex]\[ 24000 + 15000 + 6000 + 0 = 45000 \text{ dollars} \][/tex]

Thus, the facility's approximate cost of early turnover for this year is [tex]\( \$45,000 \)[/tex].