Jax wants to improve the multifactor productivity in the next year. The price and quantity sold of the make-up product can not be changed any further. Of the following options available, which would yield the most improvement in the productivity measure? (Assume 50 work weeks in a year.) [3 points] Switch to the supplier who is promising to charge only $12 for the raw material per unit Let go of one employee and raise the hourly wage for the remaining to $15 Reduce the overheads cost by 12.5% [OPTIONAL] Please briefly describe your solution steps for Jax's make-up business related question above. Q17: Jax runs a small boutique make-up line, with a small pool of employees and each employee works for 30 hours a week. Jax's business sold 1,200 units of the make-up product this past year. The past year's production costs and revenues are as reported below: Revenue $ 160,000.00 Expenses #Employees 4 Labor Hourly wages $ 12.50 $ 18,000.00 $ 5,000.00 Material. Overheads Jax wants to improve the multifactor productivity in the next year. The price and quantity sold of the make-up product can not be changed any further. Of the following options available, which would yield the most improvement in the productivity measure? (Assume 50 work weeks in a year.) [3 points] Switch to the supplier who is promising to charge only $12 for the raw material per unit