Question: A purchasing manager trying to decide whether to outsource a specialty valve component or continue to manufacture it in-house. The manager to manufacture it in

A purchasing manager trying to decide whether to outsource a specialty valve component or continue to manufacture it in-house. The manager to manufacture it in house, the fixed cost is $6000, based on a

lot size of 1000 valves. The variable cost is $14.50 per valve. The price point per valve that the manager needs to beat in order to make outsourcing financially viable is _

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