[SOLVED] Vendor Analysis Project
VENDOR ANALYSIS PROJECT: 1. Pick a product and tell me about it. Any product other than a book is acceptable. 2. List two direct materials contained in your product. In this requirement you need only list two direct materials in your chosen product. If you have difficulty identifying two direct materials, you will likely want to pick a different product. 3. Tell me why you think the 2 items noted in requirement 2 are direct materials. 4. Identify thee items of factory overhead in your product. For this requirement you need only list the three items. 5. Tell me why you think the 3 items are part of factory overhead in your product. 6. Search the web and locate 3 vendors that supply the direct materials listed in requirement 2. Requirement 6 should only list the vendors. For example, if one of your direct materials is aluminum, your three vendors might be Kaiser, Alcoa, and Reynolds. 7. Look at the vendor cost for your direct materials and identify the low cost provider for each direct material. For this requirement I want to see a detailed cost analysis and comparison of the 3 vendors of the three direct materials. 8. Based on your low cost provider, how much will one of your finished units cost for the three elements of direct materials.VENDOR ANALYSIS PROJECT: 1. Pick a product and tell me about it. Any product other than a book is acceptable. 2. List two direct materials contained in your product. In this requirement you need only list two direct materials in your chosen product. If you have difficulty identifying two direct materials, you will likely want to pick a different product. 3. Tell me why you think the 2 items noted in requirement 2 are direct materials. 4. Identify thee items of factory overhead in your product. For this requirement you need only list the three items. 5. Tell me why you think the 3 items are part of factory overhead in your product. 6. Search the web and locate 3 vendors that supply the direct materials listed in requirement 2. Requirement 6 should only list the vendors. For example, if one of your direct materials is aluminum, your three vendors might be Kaiser, Alcoa, and Reynolds. 7. Look at the vendor cost for your direct materials and identify the low cost provider for each direct material. For this requirement I want to see a detailed cost analysis and comparison of the 3 vendors of the three direct materials. 8. Based on your low cost provider, how much will one of your finished units cost for the three elements of direct materials.
