make

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make

or

buy

the decision by a firm on whether to make a component or product itself or to buy it from an external supplier (see OUTSOURCING). The decision will depend upon the combined production costs and TRANSACTION COSTS of the alternatives. Sometimes a firm may adopt mixes of the two policies, producing some quantity of the product itself and buying the remainder, depending upon the relative costs of the sources and security of supply considerations. See TRANSACTION for a more detailed discussion. See INTERNALIZATION, VERTICAL INTEGRATION.
References in periodicals archive ?
As part of the transaction, the company's founder, Todd Lynch, will become technology director at Makeable.
It's a makeable putt, as golfers like to say, but far from a sure thing.
Last season, Liverpool were still a mess and yet sixth place was makeable.
But Poulter missed makeable birdie putts on the 10th and 13th before driving into trouble off the 15th tee.
There were six to nine very makeable plays that we did not score on in the first 12, 15 minutes of the game," Westhead said.
Regardless of wind direction or boat orientation, every cast becomes makeable.
The first three points came in the tenth minute immediately after Simon Hunt had missed a makeable kick at the Scots' sticks.
The pressure for a match between the best horse in the world and an unbeaten 2,000 Guineas/Derby winner should be being ratcheted up day by day as it's far more makeable than Black Caviar v Frankel ever was.
I don't think that every deal I have made could be makeable by a successor," Buffett said.
I struck the ball well, but missed many makeable putts and that didn't help," said Ahmad, a plus three handicapper.
However, three bogeys coming home as Fernandez-Castano missed a succession of makeable par putts saw the Spaniard's cushion trimmed to one.
Both players began the fourth set well and, after saving a break point in the second game, Murray brought up one of his own with a super lob only to miss a makeable forehand.