What are the pros and cons of outsourcing this bracket

Assignment Help Operation Management
Reference no: EM131435007

What are the pros and cons of outsourcing this bracket to Mayes Steel Fabricator, or keeping this product (i.e. the bracket) internal with B&L Manufacturing? Also, as part of your analysis, you have four calculations to complete:

Annual manufacturing cost based on an “Annual Demand” of 40 trailers.

Total purchasing-related costs; calculate the EOQ.

Determine the “Total Cost” when placing orders of Q = 75 sets of the five parts.

Determine the “Total Cost” when placing orders of Q = 80 sets of the five parts.

Reference no: EM131435007

Questions Cloud

Maturity risk premium : The yield on a one year treasury securities is 6%, 2-year securities yield 6.2%, 3 year securities yield 6.3%, and 4 year securities yield 6.5%. There is no maturity risk premium. Using expectations theory and geometric averages, forecast the yiel..
Evaluate strategies a hrm professional could implement : Review the 2013 HR Specialist: Employment Law article, "Avoiding Lawsuits: 6 Secrets From the Other Side," from this unit's readings. For this discussion, choose two or three of the common errors discussed in the article and respond to the follow..
Identify the high and low measures in each column : Identify the high and low measures in each column, just as you would in preparation for application of the high-low method or technique.
What role do company values play in hiring : What role do company values play in hiring and performance reviews? How does the organization support your professional development and career growth
What are the pros and cons of outsourcing this bracket : What are the pros and cons of outsourcing this bracket to Mayes Steel Fabricator, or keeping this product (i.e. the bracket) internal with B&L Manufacturing? Also, as part of your analysis, you have four calculations to complete:
How has this course changed the way you think about ethics : As you reflect on your learning from this course, describe the place that ethics holds in your understanding of public administration leadership. How has this course changed the way you think about ethics and about the role that ethics will play f..
Decision making in a health care environment workplace : Discuss the importance of intuition in decision making in a health care environment workplace. How is this concept related to emotional intelligence. How can organizational values be used internationally to manage a department or an organization in a..
How is your topic a relevant issue regarding gender : Identify your topic and how it relates to the course:  "Gender and Society" How is your topic a relevant issue regarding gender? How will you pursue a critical analysis of this topic
How might these strategies be used in conjunction : The textbook indicates that choice intervention strategies are a central element of reality theory. How might these strategies be used in conjunction with other counseling theories?

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