1. Business
  2. Operations Management
  3. a health club has 4 employees who work on lead...

Question: a health club has 4 employees who work on lead...

Question details

A health club has 4 employees who work on lead generation. Each employee works 33 hours a week, and is paid $18 an hour. Each employee identifies an average of 250 possible leads a week from a list of 8,000 names. Approximately 10 percent of the leads become members and pay a one-time fee of $120. Material costs are $301 per week, and overhead costs are $1,565 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input.

The multifactor productivity for this operation in fees generated per dollar of input = __________________(round to 4 decimal places)

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution