Question 1 (CLO 1): Automating or not automating, that is the question. (8 points.) A company makes 100 different product types, and for each product type the company produces 10,000 units annually. The products average 1,000 components each, and the average number of processing steps required for each component is 10 STEPS. Each processing step takes an average of 1 min. 1. (2 points) Assuming 100% manual operations, how many workers will be needed in the plant, if each worker works 8 hours per shift for 250 days/year (in other word, each worker works 2,000 hour/year)? 2. (2 points) The average salary of each worker is AED 5,000 per month. What is the labor cost of each product type? Tome from Each product type costs AED 1000 in materials to make, and it is sold at AED 8000. The line supervisor wants to reduce the number manual operations, and therefore, the labor cost per product. He found a robotic machine that can perform each operation in 30 seconds (half the time of manual work), able to work 8700 hours per year (the machine requires 60 hours of maintenance per year), and costs AED 1,200,000 to purchase. The ser cach 3. (3 points) Considering a 10-year life of this product/company, evaluate the total cost (labor + materials) of each product type if the company purchases : i. 0 (ZERO) robotic machines (keep the company % manual), ii. 1 (ONE) robotic machine, 100% iii. 2 (TWO) robotic machines 4. (1 point) Briefly discuss the company profits for each case above and YOUR recommendation | 2) Lahor copt - (5000 X