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Part 1 : Go to the Problems at the end of Chapter 1 5 in your textbook and look at question 1 0 about Juliette
Part : Go to the "Problems" at the end of Chapter in your textbook and look at question about Juliette and ice cream. For part one of this assignment, work out if Juliette should start making her own ice cream at home to save money. Show your work the formula you used to determine her costs for both options and give a brief explanation for your recommendation to make or buy. You are welcome to start a Q&A Cafe Thread to help one another chat through this part.
Question Juliette loves to eat ice cream and spends a fortune each week buying it In an effort to save money, she is considering making her own ice cream at home. The cost of an ice cream maker is $ and the cost of ingredients is $ for each L batch. The cost of the same L is $ at the store. If she eats liters of ice cream per month, will she save money by making her favorite treat at home? Assume the ice cream maker has a oneyear warranty and breaks immediately after.
Part : Why do you think business owners need to know if it is more cost effective to buy materials from other suppliers rather than make them on their own? Other than cost, what other things should business owners consider when making the decision to outsource a part of producing their product or service?
Part : As you read this chapter about Supply Chain Management, what parts of it directly related to the company that you are analyzing for your course project? Not all sections in the chapter are applicable to every business of course, but which parts of Supply Chain Management are important to the success of their specific operation & why?
OM terms in bold.
Intext citations and reference list required for all options when source material is paraphrased or directly quoted.
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