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One of the companies related to a Canadian bank offers a protection service. Three employees work 40 hours a week, at a pay rate of
One of the companies related to a Canadian bank offers a protection service. Three employees work 40 hours a week, at a pay rate of $20 per hour per employee. Each employee identifies an average of 3500 clients a week. An average of 5 percent actually sign up for the service, paying a fee of $65. Material costs are $2000 per week, and overhead costs are $20000 per week. Calculate the multi-factor productivity for this operation in fees generated per dollar of input. (50)
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