Question: Problem 6-08 Algorithmic Question 7 of 12 Check My Work (1 remaining) eBook A firm is evaluating the alternative of manufacturing a part that is

Problem 6-08 Algorithmic Question 7 of 12 Check

Problem 6-08 Algorithmic Question 7 of 12 Check My Work (1 remaining) eBook A firm is evaluating the alternative of manufacturing a part that is currently being outsourced from a supplier. The relevant information is provided below: For in-house manufacturing: Annual fixed cost = $80,000 Variable cost per part = $150 For purchasing from supplier: Purchase price per part = $170 a. If demand is forecast to be 2,000 parts, should the firm make the part in-house or purchase it from a supplier? Round your answer to the nearest whole number. Break-Even Quantity: parts The best decision is to -Select- b. The marketing department forecasts that the upcoming year's demand will be 2,000 parts. A new supplier offers to make the parts for $168 each. Should the company accept the offer? Round your answer to the nearest whole number. New Break-Even Quantity: parts The best decision is to -Select- C. What is the maximum price per part the manufacturer should be willing to pay to the supplier if the forecast is 2,000 parts? Round your answer to the nearest cent. Check My Work (1 remaining) O-Icon Key

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