Makeup product: a lipstick, analyze its production cycle from supply chain perspective $$ that is$,$ from raw materials to the point of consumption.

Outline the following elements:

What are the key materials and services used in the production?

What is produced in$-$house and what is purchased from independent suppliers?

What are the main reasons behind such make$-$or$-$buy decision?

What are the benefits and drawbacks?

Would you change anything?

Justify your position.