Calculate productivity in terms of revenue per dollar

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Reference no: EM1399879

A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 55 minutes is needed to do a title search. The researcher cost is $2.0 per minute. Clients are charged a fee of $400. Company A's software would reduce the average search time by 12 minutes, at a cost of $3.4 per search. Company B's software would reduce the average search time by 17 minutes at a cost of $5.3 per search.

a.	Calculate the productivity in terms of revenue per dollar of input. (Round your intermediate calculations and final answers to 2 decimal places. Omit the "$" sign in your response.)

Approach	Productivity per Dollar Input
Current	mce_markernbsp;
Company A	mce_markernbsp;
Company B	mce_markernbsp;

Which option would have the highest productivity in terms of revenue per dollar of input?

	Company A
	Company B
	Both

Reference no: EM1399879

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