123 Corporation a health club facility has two employees who work on lead generation. Each employee works 40 hours a week and is paid $ 15 an hour. Each employee identifies an average of 500 possible leads a week from a list of 10,000 names. Approximately 12 percent of the leads become members and pay a onetime fee of $110. Material costs are $150 per week, and overhead costs are $1,000 per week. Calculate the multi-factor productivity for this operation in fees generated per dollar of input.
123 Corporation a health club facility has two employees who work on lead generation. Each employee works 40 hours a week and is paid $ 15 an hour. Each employee identifies an average of 500 possible leads a week from a list of 10,000 names. Approximately 12 percent of the leads become members and pay a onetime fee of $110. Material costs are $150 per week, and overhead costs are $1,000 per week. Calculate the multi-factor productivity for this operation in fees generated per dollar of input.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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123 Corporation a health club facility has two employees who work on lead generation. Each employee works 40 hours a week and is paid $ 15 an hour. Each employee identifies an average of 500 possible leads a week from a list of 10,000 names. Approximately 12 percent of the leads become members and pay a onetime fee of $110. Material costs are $150 per week, and overhead costs are $1,000 per week. Calculate the multi-factor productivity for this operation in fees generated per dollar of input.
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