What other contextual information given in the case is relevant to Giulia’s thinking about her next move? What other data should she be seeking?
Based on your analyses of the case, what counsel would you give Giulia? Submit your quantitative analysis in excel including a break-even analysis of the current outsourcing arrangement and operating the forge.
Explain the role that cost information and analysis played in supporting the decision. What would be the risks and the benefits associated with making this decision based on intuition? Explain your answer.