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If a small ($10,000,000 in annual sales) company that manufactures quality wooden furniture is considering automating its production line.
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1) What factors are relevant to its decision?
2) If you were the person making the decision, what information would you need to make an INFORMED decision?
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Solution Preview
If a small ($10,000,000 in annual sales) company that manufactures quality wooden furniture is considering automating its production line.
1) what factors are relevant to its decision?
2) If you were the person making the decision, what information would you need to make an INFORMED decision?
1) these would be factors:
- how much will the machine cost?
- How long will the machine work for?
- What will happen to my skilled workers?
- How …
