Costs and savings of a videoconferencing system
Not what you're looking for?
I have been hired as a telecommunications consultant to help an organiztion assess the benefits and potential cost savings associated with installing videoconferencing systems at each of the firms's six locations. I have determined that the cost to establish each video conference facitlity is $60,000 and that each facility will have an annual operating and support cost of $20,000. In the first year, I estimate that videoconferencing will save the entire firm approximately $400,000 in travel expenses. The savings are expected to increase at a rate of 5% per year.
I need assistance in developing a spreadsheet to analyze the costs and savings over a three year period.
Purchase this Solution
Solution Summary
Costs and savings of a videoconferencing system is determined.
Solution Preview
Please see the attached file.
Initial Set Up Cost per Location $(60,000.00)
Annual operating cost / location ...
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
Recent Feedback
- "Your explanation to the answers were very helpful."
- "What does 1 and 0 means in the repair column?"
- "Went through all of the formulas, excellent work! This really helped me!"
- "try others as well please"
- "Thank you, this helped a lot. I was not sure how to plug in those numbers to a formula. This was a great help. Now I have to figure out how to explain cost of capital is used in net present value analysis, and how cost of capital is used in net present value analysis. This stuff gets confusing."
Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Motivation
This tests some key elements of major motivation theories.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.