Calculate the multifactor productivity for this operation

Assignment Help Operation Management
Reference no: EM131421853

A company offers ID theft protection using leads obtained from client banks. There are 3 employees that work 40 hours per week on leads at a pay rate of $30 per hour per employee. Each employee identifies an average of 3000 potential leads a week from a list of 5000. An average of 4 percent actually sign up for the service, paying a one-time fee of $80. Material and overhead cost is $4000 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input.

Reference no: EM131421853

Questions Cloud

Do results provide evidence that more parents are checking : In 2006 the same question posed to 811 teens found 41% reporting such checks. Do these results provide evidence that more parents are checking?
What was the nature of the dispute : Report on the union profile. How many members does the union have? How is the union's organizational structure designed? In what industry(ies) does the union operate? How long has the union been in existence? Etc.Report on a minimum of three (3) le..
What might be some of roadblocks to implementing : Discuss the advantages and disadvantages of the European Union’s REACH concept for hazard communication. What might be some of the roadblocks to implementing this concept in the United States?
Who plays online or electronic games : A survey in 2006 found that 69% of 223 boys aged 12 - 14 said they played computer or console games like Xbox or PlayStation . . . or games online.- Of 248 boys aged 15 - 17, only 62% played these games. Is this evidence of a real age-based differ..
Calculate the multifactor productivity for this operation : A company offers ID theft protection using leads obtained from client banks. There are 3 employees that work 40 hours per week on leads at a pay rate of $30 per hour per employee. Each employee identifies an average of 3000 potential leads a week fro..
State null and alternative hypotheses you use in study : Suppose you are asked to design an experiment to study this claim.- State the null and alternative hypotheses you would use in your study.
Identify pertinent information from a first-time patient : When dealing with a first-time patient, it is important to collect all of the pertinent information that will be needed for proper documentation. It is also important to review policies and procedures with a new patient to accommodate the Health ..
Explain the employment law that was violated : Summarize the issue of the case, and then explain the employment law that was violated.Evaluate the type of impact the violation had on the organization then determine two (2) ways the organization could mitigate the issue. Justify your response.
What are the mean and standard deviation : Is the sampling distribution model for the sample proportion likely to be Normal? Explain.- What are the mean and standard deviation of this sampling distribution model?

Reviews

Write a Review

Operation Management Questions & Answers

  Present brief design of employee referral bonus plan

Present a brief design of an employee referral bonus plan for your company. what would the bonus be? when will it be paid out?

  Problem regarding the newspapers and magazines

You are just hired by the Barnes and Noble to order the newspapers and magazines. Newspapers are ordered daily. If you order too many, it costs the store $1.50 for each newspaper that is not sold. If you order too few, the store loses sales. Wh..

  A tuple represents a field in a database

An attribute is a collection of tuples in a database. A tuple represents a field in a database. Cardinality is the degree to which each entity participates in a relationship. In an accounting system, an example of an event is an order. Senior managem..

  What disadvantages is the company now experiencing

Under its original business model, what advantages did Dell gain from its tight control system? What disadvantages is the company now experiencing? Can you pinpoint two or three areas in which Dell's approach to strategic control could be more eff..

  Formulating a business-level strategy

All of the following are decisions that should be addressed when formulating a business-level strategy EXCEPT:

  Potential defenses to liabilty under the contract

John is a 24 year old retail employee. John loses his job. He actively seeks work for many months as his savings dwindle and his unemployment insurance benefits are exhausted. In order to avoid eviction, John borrows $1,000 from the local CashFast gr..

  Marketing research-disadvantage of online survey method

Which of the following is true of marketing research? Qualitative research is likely to prove most efficient when the research objective is to. Which of the following is a disadvantage of the online survey method?

  For both alpha values enter exponential smoothing forecasts

The manager of a small health clinic would like to use exponential smoothing to forecast demand for emergency services in the facility. However, she is not sure whether to use a high or low value of α. For both alpha values, enter exponential smoothi..

  What is procurement strategy and inventory strategy

Assuming that you are a manufacturing company that make a medical device to measure a heart rate and blood pressure. You are looking for an opportunity to export your product. What is your procurement strategy? Explain the customization process and w..

  One counter trading and one money exchange

Look at two trading cases: one counter trading and one money exchange. In both cases the same country should be involved with trade between two different countries. Explain the reasons this country chose a particular trading option as the method of p..

  What is the average hourly output of the process

Two components are made at stations A1 and A2. One component is made at A1 and the other at A2. These components are then assembled at station B and moved through the rest of the process at stations C, D, and E. What is the average hourly output of t..

  Different approaches to departmentalization

Describe different approaches to departmentalization—functional organizations, product organizations, and matrix organizations.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd