make-buy decision refers to
A) the decision-making process that determines whether a product is sustainable.
B) the decision-making process to determine which manufacturer meets a firm's evaluative criteria for the manufacturing of a new component part or equipment.
C) an evaluation of whether components and assemblies will be purchased from outside suppliers or built by the firm itself.
D) an evaluation of different suppliers to determine which one can fill an order without having to make any changes to the original product while maintaining the same level of quality.
E) the decision-making process to determine which supplier can fill an order the fastest by a specified time period.

Question

Quizplus · Accepted Answer

A make-buy decision refers specifically to whether a company should make a component or assembly themselves, or purchase it from an outside supplier. This decision typically involves considerations such as cost, quality, and the availability of materials, equipment, and expertise. Options A, B, D, and E relate to different aspects of sourcing and supplier evaluation, but not specifically to the make-buy decision.

Make-Buy Decision Refers to