Which option would have the highest productivity

Assignment Help Operation Management

Reference no: EM1373434

Q. A property title search industry is contemplating using online software to increase its search productivity. Presently an average of 40 minutes is needed to do a title search. The researcher cost is $2 per minute. Clients are charged a fee of $400. Corporation A's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. Corporation B's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. Which option would have the highest productivity in terms of revenue per dollar of input?

Reference no: EM1373434

Questions Cloud

Which corporation is more productive also by how much : Archer Contracting repaved 35 miles of four-lane interstate roadway working 10 days with a crew of five employees using $9000 of paving material. Which Corporation is more productive also by describe how much.

Escribe how would you setup your wbs : You plan to form sub-teams to work every of these elements, every headed by a sub-team leader. describe how would you setup your WBS. Elucidate what are some considerations you made when you decided on this structure.

Elucidate what is the corresponding minimal annual cost : Presently, they purchase separate truckloads from every supplier. Elucidate what is the corresponding minimal annual cost. Elucidate what is the cycle inventory of every component.

Create a simulation model of this system : The coffee breaks are staggered, starting at 90 min into every shift. Meal breaks also staggered starting 3.5 hrs into every shift. Create a simulation model of this system. In the simulation, draw a simple layout of the above system.

Which option would have the highest productivity : Corporation B's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. Which option would have the highest productivity in terms of revenue per dollar of input.

Elucidate what can you adviceto gain some points : Between the 2 which one if you were opening your own business do you think which you would use also why. Ellucidate what can you advice me for this question to gain some points.

Population growth rates report : Need help to write a report including a list of top 10-countries based on population size including the average population growth rates and with the potential return of FDI of top nation on the list.

Compute the productivity ratios for the old : Compute the productivity ratios for the old also the new production systems. You have to report to the Operations Manager on the impact to productivity of your new process. Elucidate what will you report.

Discuss why you chose content cite at least two sources : This often involves creating a statement of work. You need to hire some financial auditors to help with the annual audit. Create a statement of work for these auditors which meets the subsequent criteria. Discuss why you chose to include which cont..

User Account

All Pages