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Hahn Manufacturing purchases a key component of one of its products from a local supplier. The current purchase price is $1400 per unit. Efforts to standardize parts succeeded to the point that this same component can now be used in five different products. Annual component usage should increase from 150 to 650 units. Management wonders whether it is time to make the component in-house, rather than to continue buying it from the supplier. Fixed costs would increase by about $60,000 per year for the new equipment and tooling needed. The cost of raw materials and variable overhead would be about $1,000 per unit, and labor costs would be $250 per unit produced. a. Should Huhn make rather than buy? Hahn should __ the components, saving __ per year as compared to the other decision
Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, and the resulting total purchasing cost for each machine type. The..
The New Rochelle Humane Society made a contract with the city of New Rochelle to capture and impound all dogs running at large. Spiegler, a minor, was bitten by some dogs while in her schoolyard. She sued the school district of New Rochelle and the H..
How can a firm lower the chances that key managers will pursue their own interest at the expense of the stakeholders? At the expense of the employees?
Discount yield is always lower than bond equivalent yield on the same security. Discount yield is always higher than bond equivalent yield on the same security. Discount yield is always equal to bond equivalent yield on the same security. Discount yi..
Briefly describe the concept of status. Describe the global implications that status has for an international manager in Western culture, with two original examples.
Kentwood Electronics manufactures three components for stereo systems: CD players, tape decks, and stereo tuners. The wholesale price and manufacturing cost of each item are:Component Wholesale Price Manufacturing CostCD Player.
If the same job offer content is to be given to all offer receivers for a job, is there any need to use the strategic approach to job offers? What are steps an employer should take to develop and implement its policy regarding employment-at-will? In ..
A newspaper publisher uses roughly 850 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. What is the appropriate reorder point quantity
Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from past history that an average of 25 customers
How do managers use the concept of cost-benefit for capital budgeting during the performing phase of the management process? Discuss how differentiating between activities that add value and those that do not add value enhance the relevance and relia..
the pediatric community care center has decided to expand its operation by opening a small pediatric satellite clinic
When you answered you have to have with In-text citations and a reference list is always in the learning activities! The change of value regarding human resources to the organization coupled with technology is shifting the design of organizations tow..
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