The Jarvis Corporation produces bucket loader assemblies for the tractor industry. The product has a long term life expectancy, Jarvis has a traditional manufacturing and inventory system Jarvis considering the installation of a time inventory system to improve its cost structure. In doing a full study using its manufacturing engineering team as well as consulting with industry IT experts and the main endors and suppliers of the components Jarvis to manufacture the bucket loader assemblies, the following incremental cost-benefit relevant information is available for analysis The Jarvis cost of investment capital hurdle rate is 15% One-Time cost to rango the shop floor to create the manufacturing coll workstations is $275.000 One time cost to retain the existing workforce for the IT required skills is $60,000 Articipated detect reduction is 40%. Ourrently there is a cost of quality defect assessment listed as $150,000 per year The setup time for each of the criting function will be reduced by 67% Currently the force for tip costs are 5225,000 per you Jarvis will expect to save $200,000 per year in carrying costs as a result of having a lower inventory The suppliers will require a 15% premium over the current level of prices in order to position temelves to supply the material on a smaller and more frequent chodido Currently the material purchases we $1.500.000 per your Required: Determine whether it is in the best interest of Corporation to in sem. Please show your locations and discuss your reasoning