part for $10.00 with a fixed cost of $5,000. Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of $14.00, which includes transportation. a. If the anticipated production volume is 1,300 units, compute the total cost of manufacturing and the total cost of outsourcing. b. What is the best decision? a. The total cost of manufacturing is $ (Simplify your answer.) The total cost of outsourcing is $ (Simplify your answer.) b. The best decision is the V because it has the ary essit chas mmu O Time Remaining: 00:44:16 Next

MATLAB: An Introduction with Applications
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Suppose that a manufacturer can produce a part for $10.00 with a fixed cost of $5,000. Alternately, the manufacturer could contract with a supplier in Asia to
purchase the part at a cost of $14.00, which includes transportation.
a. If the anticipated production volume is 1,300 units, compute the total cost of manufacturing and the total cost of outsourcing.
b. What is the best decision?
a. The total cost of manufacturing is $
(Simplify your answer.)
The total cost of outsourcing is $
(Simplify your answer.)
b. The best decision is the
because it has the
PI
ary
essit
chas
mmu
O Time Remaining: 00:44:16
Next
Type here to search
Transcribed Image Text:Suppose that a manufacturer can produce a part for $10.00 with a fixed cost of $5,000. Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of $14.00, which includes transportation. a. If the anticipated production volume is 1,300 units, compute the total cost of manufacturing and the total cost of outsourcing. b. What is the best decision? a. The total cost of manufacturing is $ (Simplify your answer.) The total cost of outsourcing is $ (Simplify your answer.) b. The best decision is the because it has the PI ary essit chas mmu O Time Remaining: 00:44:16 Next Type here to search
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