Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.) Multifactor productivity

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at
a 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. An
average of 8 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,300 per
week, 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
Transcribed Image Text:A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a 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. An average of 8 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1,300 per week, 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
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