For your final assignment in this course, you are required to complete both Part 1 and Part 2. Part 1 of your Portfolio can be found in Connect. Part 2 of the Portfolio Project will be completed in a Word document, following the exact instructions that accompany each part.

Part 1:

Complete the assigned problems in Connect. Contact your instructor if you require any clarifications. The following topics will be covered in the assigned Connect problems you will be completing for this assignment:

• Calculating the relevant cost of replacing a machine.
• Calculating the relevant cost for special orders.
• Calculating relevant costs for special orders, including opportunity costs.
• Analyzing special order decisions.

Part 2

Complete this portion of your portfolio project in a Word Document. Your answers should consist of at least two pages. Write a brief memo to your CEO regarding the benefits and costs of outsourcing part of your operations to an external firm. What are some things that the company should consider when making such a decision? Give some examples of situations that could make this decision less profitable for the company. Give some examples of situations that could make this decision more profitable for the company. Discuss how the company's current use of their capacity may impact such a decision.

Answer rating: 100% (QA)

Memo To CEO From Your Name Date Date Subject Benefits and Costs of Outsourcing Operations Dear CEO I am writing to provide an analysis of the benefits and costs associated with outsourcing part of our ... View the full answer