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I it economically better to make or buy the component

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Reference no: EM132257381

Read the case study "Teloxy Engineering (A)" on page 948 and answer the corresponding questions on the same page.

1. Using expected value, is it economically better to make or buy the component?

2. Strategically thinking, why might management opt for other than the most economical choice?

Reference no: EM132257381

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