Fernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services. a) With weights from 1 5 (5 being the highest) and ratings from 1 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place). Criterion Quality Delivery Cost Weighted average score: The best outsource provider is ) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4, respectively. Weight Overnight Worldwide (W) Shipping Delivery 89 78 69 87 66 77 0 532 United Freight 80 67 99
Fernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services. a) With weights from 1 5 (5 being the highest) and ratings from 1 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place). Criterion Quality Delivery Cost Weighted average score: The best outsource provider is ) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4, respectively. Weight Overnight Worldwide (W) Shipping Delivery 89 78 69 87 66 77 0 532 United Freight 80 67 99
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Step 1: State the given information in the question.
VIEWStep 2: a) Calculate the weighted average score and choose the best outsource provider
VIEWStep 3: b) Calculate the weighted average score and choose the best outsource provider (new weights)
VIEWStep 4: c) Calculate the new results when ratings for each factor for Overnight shipping increases by 10%.
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