(Solved by Humans)-Assume that a manufacturer can purchase a needed component from a
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- Assume that a manufacturer can purchase a needed component from a supplier at a cost of $8 per unit, or it can invest $40,000 in equipment and produce the item at the cost of $5.50 per unit.
- Determine the quantity for which total costs are equal for the make and buy alternatives.
- What is the minimum cost alternative if 15,000 units are required? What is the minimum cost?
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This question was answered on: 10 May, 2025
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