Q1 The engineering department have appointed you on a task purchasing new forklift to transport sheet metal part. From your research, two types of forklift have been finalized as shown in Table 1 for their material handling plan in 6 years. The company also has another option; using manual material handling with 3 workers and the salary of each worker is RM1,200 per month. (a) Suggest TWO (2) decisions on material handling alternatives to the company with suitable assumptions. (4 marks) (b) Develop the cash flow diagram for above suggestion alternative. (6 marks) Table 1: Forklift Cost Information Item Forklift A Forklift B First Cost, RM 90,000 50,000 Annual Operating cost, 2000 500 RM Change Maintenance part 800 every 2 year Useful Life, years 6 3 Salvage Value, RM 30,000 10,000 3000 per year