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California Title Company has 5 employees, each working 8 hours per day (for a total payroll cost of $700/day) and overhead expenses of $500/day. The

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California Title Company has 5 employees, each working 8 hours per day (for a total payroll cost of $700/day) and overhead expenses of $500/day. The company processes and closes on 15 titles every day. They recently purchased a computerized title search system that will allow the processing of 21 titles per day. Although the staff, their work hours, and pay will be same, the overhead expenses are now $700/day. Round your answers to 3 decimal places. a) [1 Points] What is the company's labor productivity with the old system? (in titles per labor hour) Old Labor Productivity = 1.9 b) (1 Points] What is the company's labor productivity with the new system? (in titles per labor hour) New Labor Productivity = 2.6 c) [1 Points) What is the company's total productivity with the old system? Specify its unit. Old Total Productivity = d) (1 Points) What is the company's total productivity with the new system? Specify its unit. New Total Productivity = e) [2 Points] What is the percent change in total productivity? Specify if it is an increase or a decrease in productivity Percent Change =

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