Calculate the multifactor productivity for operation

Assignment Help Operation Management

Reference no: EM13843078

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 $35 per hour per employee. Each employee identifies an average of 3,600 potential leads a week from a list of 4,600. An average of 5 percent of potential leads actually sign up for the service, paying a one-time fee of $55. Material costs are $1,400 per week, and overhead costs are $9,000 per week.

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

Reference no: EM13843078

Questions Cloud

Learning and education-spiritual growth and religion : As the inventory only has 7 areas, please select two goals from any area of you’re choosing. At least 2 goals should be long term (to be attained in three to five years) and 2 should be short term. 1) Career, 2making relationships with people, 3) sta..

What communication techniques would you use : Assume that you have been invited to your state board of nursing or state nurses' association meeting to brainstorm health policy issues. Identify an issue that you would bring before this meeting. What resources would you use? What communication ..

What are safety stock and reorder point for service level : The daily demand of a product is very stable at 250 units per day. However, its delivery lead time varies and can be specified by a normal distribution with a mean lead time of twelve days and standard deviation of three days. What are the safety sto..

Analyze his current eating habits by tallying calories : Analyze his or her current eating habits by tallying calories, fat grams, proteins, and carbohydrates by using the Food Analysis Program or the Exchange List for Meal Planning

Calculate the multifactor productivity for operation : 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 $35 per hour per employee. Each employee identifies an average of 3,600 potential leads a week from a lis..

Compute annual order cost and annual total inventory cost : The monthly demand for a part is 1500 units. The order cost is $285 per order, The holding cost is $56 per unit per year, and the part cost is $850 per unit. The firm operates 12 months per year. Compute the (a) EOQ (b)annual holding cost, (c) annual..

International human resources : Propose a speech that you would give to a friend in an elevator summing up the contents of this course. You have 30 to 90 seconds to inform your friend of the most important elements.

Detail eight goal statements : List in detail eight goal statements, one from each of the areas in the life goal inventory. As the inventory only has 7 areas, please select two goals from any area of your choosing. a statement of a goal that is specific, measurable, and attainable..

Why do firms use cross-border strategic alliances : What are the four business level cooperative strategies and what are the differences among them? Why do firms use cross-border strategic alliances? What risks are firms likely to experience as they use cooperative strategies? How can a firm manage th..

User Account

All Pages