Question: Question (1) Part 1 - Explain the relation between operations and competitiveness? Part 2 - The manager of a company that makes shopping carts for

Question (1) Part 1 - Explain the relation between operations and competitiveness? Part 2 - The manager of a company that makes shopping carts for supermarkets and other stores asks you to improve the productivity of the company. The decisions involve purchasing new equipment or hiring more workers to improve the shopping cart production. The current production line has 5 workers and 1 machine. The company has an average production of 80 carts per hour. Labor cost is $10 per hour and each machine cost is $30 per hour. (a) compute the multifactor productivity under the existing system. Use carts per dollar per hour (labor plus equipment) as the measure. (1 MARKS) Answer: (b) If the manager adds one machine to the production line, the average production is increased by 40 carts per hour. What would be the multifactor productivity in carts per dollar per hour and its corresponding productivity increase percentage with this option? (2 MARKS) Answer: If we add one machine, the productivity is

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