Evaluating Economic Impact: An Investment Tool for Large Language Model Integration in Workweek Management

Abstract

This paper explores the development and application of an investment tool designed to quantify the costs and potential savings associated with integrating large language models (LLMs) into work week management optimization (WMO) within the nuclear industry. LLMs, with their advanced natural language processing capabilities, can significantly enhance various aspects of work management, such as problem identification, prioritization, planning, scheduling, information retrieval, and information summary. Our investment tool focuses on evaluating the return on investment (ROI) for LLM applications in WMO by considering four pivotal decision factors: model selection, application, user training, and hosting options. This paper details the development and implementation of the ROI model and illustrates its application through multiple case studies, analyzing the impact of different variables, such as work time saved, number of requests, and model performance, on the computed ROI over two years. The computed ROI is also compared over different hosting solutions. Our findings indicate that ROI increases with enhanced work time savings and optimal request load but can decline with high request volumes or increased model costs. This model aids decision-makers in the nuclear industry by providing a structured approach to assessing the economic viability and potential savings from integrating LLMs into WMO processes.