Calculate the multifactor productivity for this operation

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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 $15 per hour per employee. Each employee identifies an average of 3,100 potential leads a week from a list of 5,400. An average of 6 percent actually sign up for the service, paying a one-time fee of $75. Material costs are $1,000 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.)

Multifactor productivity

Reference no: EM132296809

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