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Q. A property title search industry is contemplating using online software to increase its search productivity. Presently an average of 40 minutes is needed to do a title search. The researcher cost is $2 per minute. Clients are charged a fee of $400. Corporation A's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. Corporation B's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. Which option would have the highest productivity in terms of revenue per dollar of input?

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Operation Management, Management Studies

Category:- Operation Management
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