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Long Beach band employees 4 . 4 9 loan officers each working 8 . 8 4 hours per day each officer processes an average of

Long Beach band employees 4.49 loan officers each working 8.84 hours per day each officer processes an average of five loans per day the banks payroll cost for the officers is $878 per day and there is a daily overhead expense of $543 the bank is considering the purchase of new computer software for the loan operation the software will enable each loan officer to process 9 ounce per day although the overhead expense will increase by $50 compute the new multifactor productivity

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