Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

This problem below for my class Quantitative methods

A health club has 2 employees who work on lead generation. Each employee works 40 hours a week, and is paid $21 an hour. Each employee identifies an average of 250 possible leads a week from a list of 8,000 names. Approximately 10 percent of the leads become members and pay a one-time fee of $120. Material costs are $185 per week, and overhead costs are $1,105 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92489711

Have any Question?


Related Questions in Operation Management

Section 1 business improvement and performance excellence

Section 1. Business Improvement and Performance Excellence Profile Conduct a research activity on the following aspects of the key organizational characteristics of any ONEof the chosen Company or Organization that are s ...

1 think of a company you are familiar with briefly describe

1. Think of a company you are familiar with. Briefly describe a couple problems the company faces that could be addressed, at least in part, through optimization. The problems can be either strategic or operational in na ...

Eminent domain is the power of a governmental body

Eminent Domain is the power of a governmental body (municipality, county, etc) to take personally owned real estate forpublic use for just compensation. Issues of fairness often arise when the government takes private pr ...

Fact pattern 192 virginia burke purchased a bottle of

Fact pattern 19.2 Virginia Burke purchased a bottle of “Le Domaine” champagne that was manufactured by Almaden Vineyards, Inc. At home, she removed the wine seal from the top of the bottle but did not remove the plastic ...

To develop a specific service recovery process and options

To develop a specific service recovery process and options for the following situations: For servers at a restaurant: a customer doesn’t like his food. For a cell phone service call center: A customer is disappointed by ...

1 how would any organisation go about developing its

1. How would any organisation go about developing its information systems? 2. Justify the choice of your selected approach to systems development. approach JAD (joint application design) 3. What are the challenges facing ...

1 the balanced scoreboard approach has gained popularity in

1. The balanced scoreboard approach has gained popularity in recent years. What is this approach and how does it integrate strategic and operational control? 2. We mentioned how the creation of a dedicated strategic plan ...

1 how do the tools available for analyzing multibusiness

1. How do the tools available for analyzing multibusiness strategies differ from those use to analyze a single line of business strategy? 2. Name and describe 2 short term goals, 2 medium term goals and 2 long term GOALS ...

1 describe collaboration tools that can be used for

1. Describe collaboration tools that can be used for face-to-face meetings. Describe tools that can be used for virtual, synchronous meetings. 2. Explain the role of goals and goal setting in organizations. 3. Take an ex ...

Renuka jains car wash takes a constant time of 40 minutes

Renuka Jain's Car Wash takes a constant time of 4.0 minutes in its automated car wash cycle. Autos arrive following a Poisson distribution at the rate of 10 per hour. Renuka wants to know: a) The average wait time in the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As