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 *risk of reliance on suppliers for essential components in a *production process.

Auditor's dictionary. 2014.

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 — 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 …   Accounting dictionary

  • 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-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

  • 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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