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Problem 2. Make or Buy Decision A firm's manager must decide whether to make or buy a certain item used in the production of vending

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Problem 2. Make or Buy Decision A firm's manager must decide whether to make or buy a certain item used in the production of vending machines. Cost and volume estimates are as follows: The fixed cost relates to rent that would be incurred on facilities and equipment if the "make" option is chosen. This cost would not be incurred if the "buy" option is chosen. Given these numbers, should the firm make or buy this item? Show your work

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