Please Answer this Question in about 250 to 300 Words

Using a situation that you are familiar with: What information do you need to conduct an analysis of whether to make or buy an item? Describe the item, the information needed, and what could impact the decision. For example, you want to remodel your bathroom, do you make (do it yourself) or buy (hire someone to do it)? What information do you need? What if the situation changes, for example the job market is down and labor is cheap? Describe the situation or item and provide a detailed analysis. You do not need to include revenue and cost information. Conduct your analysis at a conceptual level.

Thanks in advance...