70.7k views
4 votes
How much would it cost to run the bi-weekly cadence? How much is the simple test cost for bi-monthly and quarterly?

A. Cost for Bi-Weekly Cadence

B. Cost for Bi-Monthly Cadence

C. Cost for Quarterly Cadence

D. All of the above

User Conrad
by
7.9k points

1 Answer

5 votes

Final answer:

To estimate the test cost for different cadences, you multiply the cost per test by the number of tests in a year: bi-weekly (26 tests), bi-monthly (24 tests), and quarterly (4 tests). so the correct answer is option is D.

Step-by-step explanation:

To determine the cost of running tests at different frequencies (bi-weekly, bi-monthly, and quarterly), you must have the cost associated with a single test. Assuming that information is provided, calculating the costs would involve multiplying the cost per test by the number of tests conducted in the specified period. The cadence of the testing affects the cost: more frequent testing leads to higher costs. Let's define:

  • Bi-weekly cadence: occurs every two weeks, meaning there would be roughly 26 occurrences in a year (52 weeks / 2).
  • Bi-monthly cadence: happens twice a month, resulting in 24 occurrences in a year.
  • Quarterly cadence: occurs once every three months, totaling 4 occurrences in a year.

To calculate the total cost for each cadence, use the following formulas:

  1. Total Cost for Bi-Weekly Cadence = Cost per Test × 26
  2. Total Cost for Bi-Monthly Cadence = Cost per Test × 24
  3. Total Cost for Quarterly Cadence = Cost per Test × 4

Without the specific cost per test, we cannot provide numerical answers. However, these formulas give you the methodology to calculate the costs once the test price is known.

User Mr Tarsa
by
7.9k points