Question: Problem 4 Computing Multifactor Productivity A health club has two employees who work on lead generation. Each employee works 40 hours a week, and is

Problem 4 Computing Multifactor Productivity A
Problem 4 Computing Multifactor Productivity A health club has two employees who work on lead generation. Each employee works 40 hours a week, and is paid $20 an hour. Each employee identifies an average of 400 possible leads a week from a list of 8,000 names. Approximately 10 percent of the leads become members and pay a onetime fee of $100. Material costs are $130 per week, and overhead costs are $1,000 per week. Calculate the multifactor productivity for this operation in foes generated p ed per dollar of input

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