Calculate multifactor productivity for operation

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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 $30 per hour per employee. Each employee identifies an average of 4,000 potential leads a week from a list of 4,700. An average of 4 percent of potential leads actually sign up for the service, paying a one-time fee of $65. Material costs are $1,400 per week, and overhead costs are $10,000 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.) Multifactor productivity.

Reference no: EM132215127

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