a. Which factory has the highest labor single factor productivity? b. Which factory has the highest total factor productivity? c. Which factory has the highest multifactor productivity measure for finished goods to labor and material? 3- Travel Luggage Company wants to add a new line of luggage that targets business travelers to their product portfolio. (3 Marks, 1.5 Marks each) a) List the major stages of the design process and explain two of these stages shortly. b) Explain what the functional design would include. 4. Travel Luggage Company tries to decide which type of production process to use for the new line of luggage. They consider using batch production or mass production. Compare these two types of processes and discuss their advantage and disadvantages. (3 Marks) 5- Travel Luggage Company is trying to determine how best to produce its newest product. The new luggage line could be produced in-house using either batch production or mass production. Cost data are given below. (5 Marks) Fixed Cost Variable Cost|Selling Price Batch Production 100,000 580 150 Mass Production $400,000 $20 S 150 a) Compute the break-even point for each process. (1.5 Marks) b) Compute the point of indifference between batch and mass production. (1.5 Marks) c) How the company should schedule these processes? (2 Marks) a. Which factory has the highest labor single factor productivity? b. Which factory has the highest total factor productivity? c. Which factory has the highest multifactor productivity measure for finished goods to labor and material? 3- Travel Luggage Company wants to add a new line of luggage that targets business travelers to their product portfolio. (3 Marks, 1.5 Marks each) a) List the major stages of the design process and explain two of these stages shortly. b) Explain what the functional design would include. 4. Travel Luggage Company tries to decide which type of production process to use for the new line of luggage. They consider using batch production or mass production. Compare these two types of processes and discuss their advantage and disadvantages. (3 Marks) 5- Travel Luggage Company is trying to determine how best to produce its newest product. The new luggage line could be produced in-house using either batch production or mass production. Cost data are given below. (5 Marks) Fixed Cost Variable Cost|Selling Price Batch Production 100,000 580 150 Mass Production $400,000 $20 S 150 a) Compute the break-even point for each process. (1.5 Marks) b) Compute the point of indifference between batch and mass production. (1.5 Marks) c) How the company should schedule these processes? (2 Marks)