Question: Read the case Haniff Machining on pages 162 - 163 and answer the following: What are the basic issues in the case? 1. What labor

Read the case Haniff Machining on pages 162 - 163 and answer the following:

What are the basic issues in the case?

1. What labor cost savings are available through the acquisition of the new CNC machine? Is this a good investment? Why or why not? Provide your analysis.

2. As Haley Gregson, what other factors would you include in your analysis? What information do you need and where would you get it?

3. What is cycle time? How does this affect the decision? Explain in detail.

4. At what point should the supplier be brought into this decision? Explain in detail.

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