Asked by Jamie Williams on Jun 22, 2024

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For small volumes,the cost to manufacture in-house will be lower than outsourcing.

In-House Manufacture

The process of producing goods within a company, as opposed to outsourcing production to external suppliers.

Outsourcing

The strategic use of outside resources to perform activities traditionally handled by internal staff and resources.

  • Grasp the financial considerations between in-house manufacturing and outsourcing.
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?R
?hwêta Rajpù?Jun 27, 2024
Final Answer :
False
Explanation :
For small volumes, outsourcing can be more cost-effective as it allows businesses to take advantage of economies of scale and lower labor costs in other countries. In-house manufacturing can become more cost-effective for larger volumes when the fixed costs of owning and maintaining a facility and equipment can be spread out over a larger production run.