Outsource product instead of making it within the firm

Assignment Help Operation Management
Reference no: EM131793418

1. Firms sometimes ignore the total cost of ownership for which reasons? A. Some firms use metrics promoting lower unit costs B. Lower unit costs will provide greater economies of scale C. Ordering costs are minimal with e-procurement D. Tooling costs are always the same regardless of which supplier you use

2. Which of the following is a reason to outsource (buy) a product instead of making it within the firm? A. The product is proprietary technology developed by your firm B. Better quality control C. Strategic benefits of using best-in-class suppliers D. None of these

Reference no: EM131793418

Questions Cloud

Computing the present value of the annuity : Suppose that 5 years from now you will receive $ 10,000 at the end of every year for 5 years. What is the present value of this annuity.
Determine the cost of the ending inventory : Determine the cost of the 2011 ending inventory under both (a) the conventional retail method and (b) the LIFO retail method
Journalize the entry to record the division of net income : Journalize the entry to record the division of net income for the year
Editorial board of major national business magazine : You are a CEO of a large financial services firm who is being interviewed by the editorial board of a major national business magazine.
Outsource product instead of making it within the firm : Which of the following is a reason to outsource (buy) a product instead of making it within the firm?
What would be the forecast for next year sales : What would be the forecast for next year's sales using regression to estimate a trend?
Calculate the cost of goods transferred out : Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for
Calculate time required to reach steady state value : Calculate time required to reach 2 % of steady state value when input - open loop transfer function of a negative feedback control system
Analyzing critical path of project provides which benefit : Analyzing the critical path of a project provides which benefit? Using the critical path method for project management,

Reviews

Write a Review

Operation Management Questions & Answers

  Investment income will increase

Your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. Growth rate in new equity will increase because: (please discuss the reason for your choice) 1.Total asset turnover will increase 2.Investm..

  Describe the variables and their scale of measurement

Identify a research question from your professional life or career specialization that can be addressed by an independent samples t test.

  Detailing the process capability index

Your manager hands you a list detailing the process capability index, Cp, for machines A, B, and C. These values are 1.78, 0.97, and 0.53 respectively. Of these machines, which if any, are producing products within allowable specifications?

  Manufactures and sells radio equipment for private aircraft

For the purpose of this role-play, assume the role of a sales manager who is currently supervising a sales team made up of 22 salespeople. Your employer manufactures and sells radio equipment for private aircraft. Use these questions to interview ano..

  Definition of customer relations management

Include a definition of Customer Relations Management and how social media is used to enhance customer service.

  Define social learning theory

Define social learning theory. Explain the four steps of the modeling process. Compare and contrast rational decision making and bounded rationality.

  Formulate mixed integer programming model

Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she intends to rent) and land (which she will lease to a farmer).

  Introductory pricing strategies

Identify a product that you think you have paid either too little for or too much for. Identify the pricing strategy you think the company is trying to implement (based on the assigned reading) and evaluate the effectiveness of the strategy. Think of..

  Provide performance feedback

When a manager is not trained to provide performance feedback,

  What is the actual criteria of college education

What is the ultimate criterion of college education, for example, academic success? Which criteria is often used the most to meausre performace? What is the actual criteria of college education?

  Explain typical costs associated with machinery equipment

In most cases, manufacturing equipment is more expensive in Germany, France, or some other European countries when compared to the U.S. and Asia. In this week’s individual assignment, we will discuss why that is the case and how it affects the import..

  Make several conclusion based on these data

review the quantitative data that follow. you will see that you can make a several conclusion based on these data what would you see? select one type of comparison and roughly sketch out a slife to support the conclusion you have drawn from compariso..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd