MGMT335 HW#1: Please solve the following problems related to Productivity (Chapter 1) 1. The ABC Company manufactures electrical assemblies. The current process uses 10 workers and produces 200 units per hour. You are considering changing the process with new assembly methods that increase output to 300 units per hour, but will require 14 workers. Particulars are in Table 1 as follows: Table 1 {:[" CURRENT "],[" PROCESS "]:} NEW PROCESS {:[" OUTPUT (UNITS / "],[" HOUR) "]:} 200 300 {:[" NUMBER OF "],[" WORKERS "]:} 10 14 {:[" MATERIAL COST / "],[" HOUR "]:} $120 $150 Workers are paid at a rate of $10 per hour, and overhead is charged at 150% (or 1.5 times) labor costs. Finished switches sell