A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, ata pay rate of $17 per hour per employee. Each employee identifies an average of 3,900 potential leads a week from a list of 4,800. Anaverage of 8 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,300 perweek, and overhead costs are $9,100 per week.Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)Multifactor productivity

Productivity is the ability to manufacture products and services effectively and efficiently.

Answered: Calculate the multifactor productivity…

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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Bear Lake Seafood produces 573 boxes of seafood per day. There are two working shifts, each is 6-hour. The company employs 12 workers for each shift, and pays each worker $18 per hour. The utility cost for the company is $35 per working hour (no utility cost when the company is not in operation). What is the total productivity for the seafood company? Numbers only, keep three decimals if not exact, either round up or down is ok
Explain the meaning of the saying that productivity is a relative measure briefly .
At Symbiotech, the output of a process is valued at $30 per unit. The cost of labor is $70 per hour including benefits. The accounting department provided the following information about the process for week 1: Units produced = 2,300, Labor ($) = 14,500, Material ($) = 22,700, Overhead ($) = 10,270. The multifactor productivity ratio for week 1 is: C. 4.76 A. 1.46 B. 0.049 D. 2.79
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Bear Lake Seafood produces 652 boxes of seafood per day. There are 3 working shifts, each is 7-hour. The company employs 25 workers for each shift, and pays each worker $15 per hour. The utility cost for the company is $62 per working hour (no utility cost when the company is not in operation). What is the utility productivity (in terms of cost) for the seafood company? Numbers only, keep three decimals if not exact, either round up or down is ok
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Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.) Multifactor productivity