As a manufacturing process engineer, you have been asked to determine which course of action your company should take regarding one of its long-standing assembly processes. You decide that there are three viable options. The first option is to do nothing keep the current fully manual operation as is. The other two options involve purchasing automation equipment to reduce manual labor. Based on production of 800,000 units per year, which option would you choose as the least expensive going forward? Compare options using monthly costs. For all options: Assume that each worker costs $3300 per month 30% in fringe benefits. This is an annual average wage assumed to remain constant for the next five years. Assume your company can borrow money at 5.25% APR, compounded monthly. Assume loans taken by your company are to be paid back in five years