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A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 3 8 minutes is needed to
A property title search firm is contemplating using online software to increase its search productivity. Currently an average of minutes is needed to do a title search. The researcher cost is $ per minute. Clients are charged a fee of $ Company s software would reduce the average search time by minutes, at a cost of $ per search. Company Bs Software would reduce the average search time by minutes at a cost of $ per search. Compute the productivity in terms of Revenue Per Dollar of Input for each alternative. Round you answer to the nearest penny and give your answer in DollarCent format, eg
Alt: Use Company As Software Productivity: Revenue Per Dollar of Input $
A
Alt: Use Company Bs Software Productivity: Revenue Per Dollar of Input $
A
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