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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
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 $13 per hour per employee. Each employee identifies an average of 3,500 potential leads a week from a list of 4.900. An average of 8 percent of potential leads actually sign up for the service, paying a one-time fee of $90. Material costs are $1.500 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 2.08
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