QUESTION 4 Long Beach Bank omploys 5.31 loan officer, each working 9.77 hours per day. Each officer processes an average of 4 loans per day. The bank's payroll cost for the officers is $816 per day, and there is a daily overhead expense of $540 The bank is considering the purchase of new computer software for the loan operation. The software will enable each loan officer to process 9 loans per day, although the overhead expense will increase by $50. Compute the new multifactor productivity.

QUESTIONA The bank is censidenge the purchase of new computer softwine for the loan operation, the software wilt enable each foan otlicer to process 9 loans per dary, altiought the Me barak is cernidenge the purchase of overthead expense wint increasis ty $50