SERIES: ECONOMICS APPLIED TO PROCESS ENGINEERING (PART 6) MANAGEMENT OF RELEVANT COSTS AND INCOME IN THE SHORT-TERM ECONOMIC ANALYSIS: DO OR BUY DECISION

In the context of the continuous improvement of the chemical process industries, the cost of key raw materials or process inputs are receiving increased attention. Companies are heavily engaged in efforts to reduce costs through backward integration into manufacturing of materials. The purpose of th...

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Bibliographic Details
Author: Porlles L., José
Format: article
Status:Published version
Publication Date:2006
Country:Perú
Institution:Universidad Nacional Mayor de San Marcos
Repository:Revistas - Universidad Nacional Mayor de San Marcos
Language:Spanish
OAI Identifier:oai:revistasinvestigacion.unmsm.edu.pe:article/4311
Online Access:https://revistasinvestigacion.unmsm.edu.pe/index.php/quim/article/view/4311
Access Level:Open access
Keyword:Make or buy
Relevant costs and revenues
Opportunity cost.
Hacer o comprar
Costos e ingresos relevantes
Costo de oportunidad.
Description
Summary:In the context of the continuous improvement of the chemical process industries, the cost of key raw materials or process inputs are receiving increased attention. Companies are heavily engaged in efforts to reduce costs through backward integration into manufacturing of materials. The purpose of this article is to establish or clarify the methodology of economic analysis in how to assess and develop the relevant information to make appropriate decisions for Make or Buy.