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Use the accompanying outsourcing decision data to compute the cost of inhouse manufacturing and outsourcing for the following levels of demand: 1300, 1.1001200, 1,300. Use
Use the accompanying outsourcing decision data to compute the cost of inhouse manufacturing and outsourcing for the following levels of demand: 1300, 1.1001200, 1,300. Use this irrlom'lation to set up a payotable tor the decision problem. Click here to View the outsourcing decision data. Complete the payoff table. (Simplify your answers.) Demand Outcome Decision 1,101] 1,200 1,300 Bill] Manufacture 55D 55D $:| $:| Outsource $|:| 5|:l $:| $:| Outsourcing decision data Manufactured In-House Fixed Cost $49,000 Unit Variable Cost $120 Purchased from Supplier Unit Cost $170 In-House Manufacturing Cost = Manufactured In-House Fixed Cost + (Unit Variable Cost) * (Production Volume) Outsourcing Cost = (Purchased from Supplier Unit Cost) x (Production Volume)
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