Snow Wonderful manufactures snowboards. John Gallagher, the CEO, is trying to decide whether to adopt a lean production model. He expects that adopting lean production would save $103,000 in warehousing expenses and $45,500 in spoilage costs. However, adopting lean production will require several one-time up-front expenditures: (1) $16,500 for an employee training program, (2) $36,000 to streamline the plant's production process, and (3) $8,500 to identify suppliers that will guarantee zero defects and on-time delivery. Requirements 1. What are the total costs of adopting lean production? 2. What are the total benefits of adopting lean production? 3. Should Snow Wonderful adopt lean production? Why or why not? Requirement 1. What are the total costs of adopting lean production? The total costs of adopting lean production are $0. Requirement 2. What are the total benefits of adopting lean production? The total benefits of adopting lean production are $ Requirement 3. Should Snow Wonderful adopt lean production? Why or why not? Snow Wonderful adopt lean production because the expected benefits the costs. are greater than are less than