Which of the following is not a qualitative factor to be considered in a make-or-buy decision

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Which of the following is not a qualitative factor that Atlas Manufacturing should consider when deciding whether to buy or make a part used in manufacturing their product? a. Quality of the outside producer's product. b. Potential loss of trade secrets. c. Manufacturing deadlines and special orders. d.Variable cost per unit of the product.

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Which of the following is not a qualitative factor that atlas manufacturing should consider when deciding whether to buy or make a part used in manufacturing their products, a quality of the outside producers product, be potential loss of trade secrets, see manufacturing deadlines and special orders, or d variable cost per unit of the product. The correct answer is D variable cost per unit of the product.

Table of Contents

• 1 Which of the following factors are not qualitative factors in a make-or-buy decision?
• 2 What non financial factors should be considered in make-or-buy decisions?
• 3 What is meant by the make versus buy decision?
• 4 What qualitative factors need to be considered in the outsourcing decision?
• 5 What factors should be considered when deciding whether to make or buy a product?
• 6 What qualitative factors should be considered by management in deciding whether or not to turn over the production of a part to an outside supplier?
• 7 What is qualitative and quantitative factors?
• 8 What are the qualitative factors to be considered in a company?
• 9 What are the negative qualities of qualitative analysis?

Question: Which of the following is not a qualitative factor to be considered in a make-or-buy decision? Possible lost jobs from buying outside supplier’s ability to satisfy quality standards Direct materials and direct labor costs from making Outside supplier’s ability to meet production schedule.

What non financial factors should be considered in make-or-buy decisions?

Here are three non-financial factors to consider, whether you are the business owner or a potential buyer.

• A strong management team. Take time to consider whether the business would come to a standstill without the owner’s involvement.
• Diversified human capital risk.
• Growth potential for customers, markets and products.

What is meant by the make versus buy decision?

A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier. Make-or-buy decisions, like outsourcing decisions, speak to a comparison of the costs and advantages of producing in-house versus buying it elsewhere.

What are avoidable costs of outsourcing?

An avoidable cost is an expense that will not be incurred if a particular activity is not performed. Avoidable costs refer primarily to variable costs that can be removed from a business operation, unlike most fixed costs, which must be paid regardless of the activity level of a company.

What are qualitative factors?

Qualitative factors are decision outcomes that cannot be measured. Examples of qualitative factors are: Morale. The impact on employee morale of adding a break room to the production area. Customers.

What qualitative factors need to be considered in the outsourcing decision?

10 Factors to Consider for Outsourcing Decisions

• 1) Cost Savings.
• ​2) Pricing.
• 3) The Resources and Technology.
• 4) The Ability To Meet Deadlines.
• 5) Minimal Supervision.
• 7) Trustworthiness.
• 9) The Service Level Agreement.
• 10) Communication.

What factors should be considered when deciding whether to make or buy a product?

Factors Influencing Make or Buy Decision:

• Volume of Production:
• Cost Analysis:
• Utilization of Production Capacity:
• Integration of Production System:
• Availability of Manpower:
• Secrecy or Protection of Patent Right:
• Fixed Cost:
• Availability of competent suppliers or vendors.

What qualitative factors should be considered by management in deciding whether or not to turn over the production of a part to an outside supplier?

Consider qualitative factors that can influence the decision to purchase the products from outside suppliers. Examples of such factors include the suppliers’ trustworthiness, the quality of its management, and the quality of its products.

What is qualitative outsourcing impact?

What is one qualitative impact of outsourcing? A : It transfers risks to suppliers.

Is qualitative factors of quality of product?

Examples of qualitative factors include customer satisfaction with the company’s products, pending litigation that harms a company’s reputation, a change in a company’s management, or a new technology that gives a company a competitive advantage.

What is qualitative and quantitative factors?

What are the qualitative and quantitative factors in decision making? Quantitative decisions are mostly based on statistical analysis of collected data whereas qualitative decisions are based on many algorithms like type and quality of data, factors that influence collected data, risk assessments etc.

What are the qualitative factors to be considered in a company?

As far as qualitative factors go, the company must ultimately value the quality of its product and the quality of its workers and work environment. It is easy to know a product will have the correct dimensions and parts if it is made within the company that needs it, but sometimes it is cheaper to outsource the product.

What are the negative qualities of qualitative analysis?

Negative qualities might include potential litigation, poor research and development prospects, a reputation for poor customer service, or a board full of insiders. The conclusions of your qualitative analysis either reconfirms or raises questions about the findings from your quantitative analysis.

What happens if a product is outsourced to another company?

If a product is outsourced, it often means that some workers within a company will not be needed and lose their jobs. In this case, a company needs to ponder whether outsourcing the product is worth losing workers.

Which is the most important factor when choosing an outsourcing company?

Just remember that although price is an important factor, it should not be the ONLY factor that helps you zero-in on a vendor. Technology and resources are two considerations that are essential when you choose to outsource.

Which of the following factors are not qualitative factors in a make

Which of the following is a qualitative factor of a make

What are the qualitative factors in decision

Which of the following is not a qualitative factor in location decision?