There are 5 jobs (A, B, C, D, E) that need to be completed in a work centre. The due dates are the 10th, 13th, 8th, 20th, and 15th respectively with process times of 7, 12, 7, 20, and 10 respectively as well. If today is the 1st of the month calculate the critical ratio for each and use this value to sequence the jobs in the order they should be started.
The reasons for buying in the make-or-buy decision include freeing management to focus on primary business; lower acquisition cost; preserve supplier commitment; obtain technical or managerial ability; inadequate capacity; reduce inventory costs; ensure alternative sources of supply; inadequate managerial or technical resources; reciprocity; and item is protected by patent or trade secret.
JJ
Answered
When a new partner purchases the entire interest of an old partner, the new partner's capital account should be credited for the amount he or she paid to the old partner.