Manufacture a good in-house or purchase

Assignment Help Operation Management
Reference no: EM131221907

What criteria do companies use in deciding whether to manufacture a good in-house or purchase it from a supplier?

Reference no: EM131221907

Questions Cloud

Difference between an appreciation and a revaluation : What is the difference between a depreciation of a currency and a devaluation of a currency? - What is the difference between an appreciation and a revaluation?
Predetermined overhead rate annually : Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. Compute t..
What you are going to do needs to be defined : This is a pretty big question. Consider all the work that first needs to be completed BEFORE a schedule can be constructed. What you are going to do needs to be defined.
Compare two statements about exchange rates : Compare two statements about exchange rates that Henry Paulson, Treasury secretary under President Bush, made in 2007:
Manufacture a good in-house or purchase : What criteria do companies use in deciding whether to manufacture a good in-house or purchase it from a supplier?
Standard costing and understanding variances : Discuss the importance of standard costing and understanding variances. If a supplier were to offer you cheaper goods (price and quality), what additional information would you need before making a decision to use the cheaper materials?
What kind of correlation relationship exists between the two : Compare the use of the all confidence, max confidence, Kulczynski, and cosine measures with lift and correlation on the given data.
Types of processes as continuous : Classify the following types of processes as continuous, assembly line, batch, job shop, or project:
Impact to the business could be potentially disruptive : New Century Wellness seeks to expand it's operational and patient base but currently lacks the capable IT systems to do so. An expansion of any sort, whether it be staff, patients, or a geographically separated entity will require extensive update..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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