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A health club has 2 employees who work on lead generation. Each employee contacts leads 2 0 hours a week and is paid $ 2
A health club has employees who work on lead generation. Each employee contacts leads hours a week and is paid $ per hour.
Each employee contacts an average of leads a week. Approximately of the leads become members and pay a onetime fee of $
Material costs are $ per week, and overhead costs are $ per week.
a Calculate the multifactor productivity for this operation in fees generated per dollar of input. Do not round intermediate calculations. Round your final answer to decimal places.
b The club's owner is considering whether to purchase a new software program that will allow each employees to contact more leads per week. Material costs will increase by $ per week. Overhead costs will remain the same.
Calculate the new multifactor productivity if the owner purchases the software. Do not round intermediate calculations. Round your final answer to decimal places.
c How would purchasing the software affect productivity? Enter the change in productivity as a percentage rounded to one decimal.
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