Setting materials, labor, and overload standards are challenging. If standards are set too low companies might purchase inferior products and employees might not worth to their full potential If standards are set too high, companies could be unable to offer a quality product at a profitable rate and employees could be overworked. The ethical challenge is to set a high but reasonable standard. Assume that as a manager you are asked to set the standard materials price and quantity for the new 1.000 CKB Mega-Max chip, a technically advanced product. To properly set the price and quantity standards, you assemble a team of specialists to provide input. Identify four types of specialists that you would assemble to provide information to help set the materials price and quantity standards. Briefly, explain why you chose each individual