6.00 points Problem 10-17 A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program or posible reduction is to forenspection pohon The position tests items for which the probability of a material defect averages 0.03. By inspecting all items, the inspector is able to remove al defects. The inspector canced Super hout the holy te including fringe benefits for this position is $11. If the inspection position is eliminated, defects will go into product assembly and will have to be replaced at $17 ach when they were intra product testing Assume that the line will operate at the same rate (ie the inspection rate) if the Inspection operation was eliminated a-1. If the inspector position is eliminated, what will the hourly cost of defects be? (Round your answer to 2 decimal places) Cost per hour $ a-2. Should this inspection position be eliminated based on costs alone? No Yes b. What is the cost to inspect each unit? (Round your answer to 2 decimal places) Cost per unit c. Is there benefit (or lon) from the current inspection process? How much? (Input all amounts as positive values. Round your answers to 2 decimal places Hourly Perunt Click to select Hints References Book & Resources Hint