make

(redirected from made sail)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.

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 classic literature ?
We made sail and tried to clew off, when the rotten work of the Tahiti shipwrights became manifest.
But seeing that he was not likely soon to cease I made haste to put him on shore, and thence he continued his maledictions and lamentations aloud; calling on Mohammed to pray to Allah to destroy us, to confound us, to make an end of us; and when, in consequence of having made sail, we could no longer hear what he said we could see what he did; how he plucked out his beard and tore his hair and lay writhing on the ground.
Finding that no satisfaction was to be obtained of Jupiter, whose whole intellect seemed to be absorbed by "de bug," I now stepped into the boat and made sail.