Question: can you please check my work A compary currently using an inspection process in its material receiving department is trying to install an overall cost
A compary currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0.04. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 52 units per hour The hourly rate including fringe benefits for this position is $10. If the inspection position is eliminated, defects will go into product assembly and wilt have to be replaced later at a cost of $11 each when they are detected in final product testing. Assume that the line will operate at the same rate (le, 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.) 0.2. Should this inspection position be eliminated based on costs alone? No Yes b. What is the cost to inspect eoch unit? (Round your answer to 2 decimal places.) c. Is there bentefit oo losss ffom the curtent inspection process? How much? (lnout oll amounts as nositive values. Round your
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