Distance training for operating equipment: a cost-benefit and return-on-investment analysis

Author: Osiakwan, Constantine; Wright, David

Abstract:

This study takes the perspective of an equipment vendor that is providing training on its equipment. The study shows that the total cost of Remote Access Distance Learning (RADL), training provided over a voice and data network, is higher than the total cost of classroom-based training (CBT). However, the profits from RADL are higher than the profits from CBT, since it is possible to charge students a higher price for RADL than for CBT.

Published abstract reprinted by permission of the copyright owner.

Subjects: Teaching and learning; Vocational education and training; Finance

Keywords: Teaching method; Cost benefit analysis; Distance learning; Technical education and training; Training cost; Training investment

Published: University Park, Pennsylvania: Pennsylvania State University, 2001

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Journal title: American journal of distance education

Journal volume : 15

Journal number: 1

Journal date: 2001

Pages: pp. 69-79

ISSN: 0892-3647

Statement of responsibility: Constantine Osiakwan and David Wright

Resource type: Article

Call Number:
TD/TNC 66.279