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The text develops an algorithm to help optimize input procurement, asking 2 questions: I. Are there substantial specialized investments relative to contracting costs? II. Is
The text develops an algorithm to help optimize input procurement, asking 2 questions: I. Are there substantial specialized investments relative to contracting costs? II. Is there a complex contracting environment relative to costs of integration? If the answer to both questions is "yes," then the best way to procure inputs would be
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