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3. A firm needs a new type of small appliance. The manager must decide whether to purchase the appliance from a vendor a
Posted: Mon Jul 11, 2022 12:01 pm
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- 3 A Firm Needs A New Type Of Small Appliance The Manager Must Decide Whether To Purchase The Appliance From A Vendor A 1 (21.03 KiB) Viewed 35 times
3. A firm needs a new type of small appliance. The manager must decide whether to purchase the appliance from a vendor at ten dollars per unit or to produce them in- house. The in-house process would have an annual fixed cost of $230,000 and a variable cost of eight dollars per unit. Determine the range of annual demand for which each of the alternatives would be best.