Dean_H
Member
Registered: 19th May 02
Location: Rhondda Cynon Taff
User status: Offline
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Any buisness students out there?
DISCUSS THE FACTORS THAT A COMPANY WOULD TAKE INTO ACCOUNT WHEN DECIDING TO ' MAKE OR BUY' A REPLACEMENT COMPONENT.
My answer...
Factors that companies would take into account when deciding to ‘make or buy’ a replacement component would firstly be; Do we have the expertise to manufacture a quality product and deliver it at a competitive cost?
Some tasks cannot be effectively accomplished inhouse because of lack of equipment, trained personnel, or material. If a company decides to go ahead with the decision to make a replacement component and it’s confident they have the skills, equipment, capacity, the ability to cope with volume change. The company then should expect a cost reduction in the product over a period of time.
The company then should consider that quality, delivery and technical support does not suffer when deciding to make the component in-house.
On the other hand if the company does not want to risk any of the above for slight gains in profit the ‘buy’ option would be the sensible option.
Along the right lines? any more i can add?
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Dean_H
Member
Registered: 19th May 02
Location: Rhondda Cynon Taff
User status: Offline
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Fuking next question....
Select and describe a costing method for your company?
Their having a laugh
My company i work for is bosch. anyone got any info on costing method for bosch? what ever costing method means???
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CCA
Member
Registered: 6th Dec 04
Location: Somewhere Drives: Not a bloody Vauxhall!
User status: Offline
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Costing method prescribes how costs are to be defined, collected and presented
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Just say Standard Costing... whereby each part is given a specific cost per part ie. materials may cost £2 per part and they nay require 2 hours labour @ £1 per hour therefore giving a cost to produce ach part of £4
CCA what are you on about 
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