What is the issue that Patterson Manufacturing needs to resolve?

Question for written submission
• What is the issue that Patterson Manufacturing needs to resolve?
• Would you recommend to your vice president to accept the recommendation to
outsource, continue to produce the product locally and reduce the price,
continue as is or another approach to the problem? Provide your reasoning

Review the case study and the financial information. You are not required to
prepare forecasted financial statements or additional financial analysis; they have
been prepared and attached in the assignment tab in Canvas. Note that
forecasted financial statements and analysis are prepared using assumptions
and estimates. There is no correct answer.
• Submit a short (no more than one to two paragraphs) response to the question
posed by the professor by the due date. Disregard the questions and
requirements posed in the case study. Please upload your response in the
Canvas course shell.

 

 

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