Question: Ross White ( see Problem 6 - 2 7 ) wants to reconsider his decision of buying the brackets and is consider - ing making

Ross White (see Problem 6-27) wants to reconsider his decision of buying the brackets and is consider- ing making the brackets in-house. He has determined that setup cost would be $25 in machinist time and lost production time and that 50 brackets could be produced in a day once the machine has been set up. Ross estimates that the cost (including labor time and materials) of producing one bracket would be $14.80. The holding cost would be 10% of this cost.

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