Question: Question 1 1 ( Due before 2 / 2 6 class ) : A business is trying to decide whether to make or buy a

Question 11(Due before 2/26 class): A business is trying to decide whether to make or buy a certain part. Regardless of whether they make or buy the part, the business will need 100,000 of these parts. Purchasing the part from an outside vendor would cost $1.70 each. If the company designs and manufactures the part itself, then it costs the company $0.95 per unit. The production of the part by the business would require a onetime investment of $65,000. Further, it is realized that for this type of part, there is a 25% chance that the parts will need to be redesigned at an additional cost of $50,000(to redesign all the parts). Use decision tree analysis and EMVs to determine the optimum decision for the business. Upload your work to HW 11 folder.
 Question 11(Due before 2/26 class): A business is trying to decide

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