Question

Question 1 A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $25 per hour per employee. Each employee identifies an average of 3000 potential leads a week from a list of 5 000. An average of 4 percent actually sign up for the service, paying a one-time fee of $70. Material costs are $1 000 per week, and overhead costs are $9 000 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input.

Answer 1

MEp Cmutifactor productu C possible ueada) CNo.workers) Cfee) CComverston percentge MfP 17 Labour cost t Materrial costtoven headcost 3000 (3)C70) (o 04) MFP 3(40)35)+:000t9,000 25, 200 २5, ३०० 13, 000 3000t10,000 1938 MFP = 19330.01 murtifasto predctuiy

A8sume 40 hou oeek amd hoge 10 Over thead s a times weeky labo cest Material cost 10 pe pound week 30,000/04010x6)+ [40xIo16) aJ+ Cusoxro) 30,000/cauoo)+Cusoo)t Cusoo) 30, 000/11, 2.564 1025 700 week a 34000/C40x10x)+ Cuoxtox) +utox10) 7(2800)t (5600)+ (ur00) B41000/13100 3u1000 25954198. weelk 3 321000/Cuox1ox )+[euox1oxa) tlu6ox10 BAI000/028oo)t 5600 t u6oo 321000/131000 2. 461536 4 17 weele4 s 35,000/cuoyIox8)+ 4OXIOX6) 2 t48o X/0) 351000/ 320D+ 6400t 4800 35,000/147 +o0 2.4305555 The muttifaotoor prodacto dropped gradually trom about 56 to 3