A large research hospital is considering a new computer-based training course for lab safety. The total cost of the hospital’s current training program is $80,000 per year. If the new training program will reduce these costs to $60,000 per year, what is the maximum acceptable cost to initiate the program to reach the break-even point within three years? What is the return on investment for that scenario?
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Your response must be at least 200 words.