If a training program is expected to reduce the amount of scrap in the production of a product,then a cost-effectiveness evaluation would indicate how much the training program cost and the impact on the bottom line caused by the reduction in scrap.

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A cost-effectiveness evaluation assesses the cost of an intervention (in this case, the training program) and its impact on a specific outcome (in this case, the reduction in scrap). By comparing the cost of the intervention to the savings from reduced scrap, a decision can be made about whether the program was cost-effective in improving the production process.

If a Training Program Is Expected to Reduce the Amount