1) An inspector is paid $10/hr and can sort 10 rings/min. Assume that a new method allows her to sort 20 rings/min but costs $500 to implement. Is it worth implementing the new method for a batch of 50,000 rings? A what point does the new method pay off? 2) Also complete the following time study. Consider it as a type of a crossword puzzle. It can be done. wOT N Cycle RWOT NT RW OT NT RW O NT R oes NT NT Note 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Summary 5.450 Total OT Rating Total NT .333 No. Observations Average NT % Allowance Elemental Std Time No. Occurences Standard Time 3.636 Total Standard Time (sum standard time for all elements): Allowance Summary Foreign Elements Description el40 TALK TO BOSS Time Check Cot An Personal Needs Hor AH Basic Fatigue Variable Fatigue Special Total Allowance % Remarks: Sym Finishing Time W W or Starting Time Elapsed Time TEBS A .30 C TEAF 10 ak:A SSUME O% AuaANEs FiLL IN CIRCLES Total Check Time E Effective Time F G Ineffective Time Total Recorded Time Rating Check Synthetic Time Unaccounted Time Recording Eror % Observed Time L