The watch movements of very high complication are your company's pride and unique strength. Your specialist watch makers invent and build them in uncountable hours of passionate work, and the world's watch enthusiasts are willing to pay the price for it. However, in the lower and medium priced sector, international competition is growing and getting stronger. There is pressure to produce faster, cheaper and in bigger quantities. Choose from three options (in--?house, outsource, or offshore) and justify your choice by showing your calculations and explaining your reasoning. Keep in mind the situation of your company, its surroundings and the valuable specialized workforce. You need to assure your company's short--?, mid and long--?term future. Assume you annually require “x*1500” watch movements of this type, over a period of 5years.

Answer rating: 100% (QA)

Keep producing inhouse You need to buy a new turning machine to provide the necessary production cap... View the full answer