make or buy decision

make or buy decision
A decision to make a product or component internally or to buy it in from a subcontractor. If the decision is based on cost terms alone, the relevant costs of manufacture compared to purchase should be considered and if there is no spare capacity then opportunity costs of manufacture may also be relevant. This decision often has to be made in the course of planning a manufacturing process.

Accounting dictionary. 2014.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Make-Or-Buy Decision — The act of choosing between manufacturing a product in house or purchasing it from an external supplier. In a make or buy decision, the two most important factors to consider are cost and availability of production capacity. An enterprise may… …   Investment dictionary

  • make-or-buy decision — An appraisal of the relative costs and benefits of manufacturing an item or buying it from a *supplier. Both *quantitative and *qualitative considerations may be included in the decision making process. An example of a qualitative factor is the… …   Auditor's dictionary

  • make-or-buy — ˌmake or ˈbuy adjective MANUFACTURING COMMERCE a make or buy decision involves deciding whether to make a product yourself or to have it made for you by a supplier: • Employers are making tough make or buy decisions every day. * * * make or buy… …   Financial and business terms

  • Решение «производить или покупать» (MAKE-OR-BUY DECISION)  — Решение, связанное с выбором из двух вариантов либо произвести требуемые товары или услуги с помощью собственных ресурсов компании, либо закупить их у стороннего поставщика …   Словарь терминов по управленческому учету

  • make — I UK [meɪk] / US verb Word forms make : present tense I/you/we/they make he/she/it makes present participle making past tense made UK [meɪd] / US past participle made *** Get it right: make: When make means to cause or force someone to do… …   English dictionary

  • make — make1 [ meık ] (past tense and past participle made [ meıd ] ) verb *** ▸ 1 create/produce something ▸ 2 do/say something ▸ 3 cause something to happen ▸ 4 force someone to do something ▸ 5 arrange something ▸ 6 earn/get money ▸ 7 give a total ▸… …   Usage of the words and phrases in modern English

  • Make-A-Wish Foundation — Make A Wish redirects here. For other uses, see Make A Wish (disambiguation). The Make A Wish Foundation is a 501(c)(3) non profit organization founded in the United States that grants wishes to children (2.5 years to 18 years old) who have life… …   Wikipedia

  • Decision fatigue — Candy and snacks are placed close to market cash registers to take advantage of shoppers decision fatigue.[1] In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual, after a long …   Wikipedia

  • buy — buy1 W1S1 [baı] v past tense and past participle bought [bo:t US bo:t] [: Old English; Origin: bycgan] 1.) a) [I and T] to get something by paying money for it ≠ ↑sell ▪ Where did you buy that dress? ▪ Ricky showed her the painting he d bought… …   Dictionary of contemporary English

  • buy-in — ˈbīˌin noun ( s) Etymology: buy in : the act or process of buying in especially to cover a short on a stock or commodity exchange * * * /buy in /, n. 1. an act or instance of buying in. 2. the deliberate submission of a false bid, too low to be… …   Useful english dictionary

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