Gibson Products produces cast bronze valves for use in offshore oil platforms. Currently, Gibson produces 1600 valves per day. The 20 workers at Gibson work from 7 a.m. until 4 p.m., with 30 minutes off for lunch and a 15-minute break during the morning work session and another at the afternoon work session. Gibson is in a competitive industry, and needs to increase productivity to stay competitive. They feel that a 20 percent increase is needed. 1. Calculate labor productivity for the initial situation 8 valves/hour 2. Calculate labor productivity for the hypothetical 20 percent increase valves/hour 10 3. What is the overall daily output, given the 20 percent increase? [Select] 4. What is the increase in labor productivity comparing the initial to what the organization feels is needed? (Select]