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The cost assumptions used for estimating costs throughout this document are set forth as follows:
Air Travel
- Two week advance purchase
- Coach Class
- Average trip length of 1500 miles
- Roundtrip
Lodging
- Average daily charge of $120.00
Meals
- Average daily charge of $40.00
Ground Transportation
- Full size car
- National Rental Agency
- Average daily rental rate of $50.00
Facilitator Costs
- Professional fee of $200.00 per hour for contract trainer
- In-house trainer hourly rate of $33.54 based upon $56,632.00 annual salary* + 15% payroll burden = 64,400/12/160 = $33.54/hr
* average annual salary of trainer - American Society of Trainers and Developers (ASTD), 1998 survey
Classroom Costs
- A classroom size of 400 square feet
- Fully loaded space cost of $2.50 per square foot per month
- 400 square feet x $2.50 = $1,000.00 per month, divided by 160 hours = $6.25 per hour cost
Seat Time Costs
- Per hour seat cost of $21.56 - baed upon an average annual salary of $36,000 plus a 15% payroll burden
The names of scenario clients and competitors are fictitious and are used only as point illustration.
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