Assignment 2 Operations DecisionAssume you have been hired as a managing consult

Assignment 2 Operations DecisionAssume you have been hired as a managing consultant by a company tooffer some advice that will help it make a decision as to whetherit should shut down completely or continue its operations. Itcurrently uses 100 workers to produce 6000 units of output permonth (working 20 days / month). The daily wage (per worker) is$70 and the price of the firms output is $32. The cost of othervariable inputs is $2000 per day. You are told that the firmsfixed cost is high enough so that the firms total costs exceedits total revenue. The marginal cost of the last unit is $30.(Ch 7 & 8 to solve)This assignment allows you to determine the specific details aboutthis fictitious company in order to conduct an environmental scanof this company.Write a three to four (4-5) page paper in which you: