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). Weight Overnight Criterion Quality (W) Shipping Worldwide Delivery United Freight 5 88 80 72 Delivery Cost 3 71 90 72 2 71 85 97 Weighted average score:
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). Weight Overnight Criterion Quality (W) Shipping Worldwide Delivery United Freight 5 88 80 72 Delivery Cost 3 71 90 72 2 71 85 97 Weighted average score:
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question

Transcribed Image Text: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).
Weight Overnight
Criterion
Quality
(W)
Shipping
Worldwide
Delivery
United
Freight
5
88
80
72
Delivery
Cost
3
71
90
72
2
71
85
97
Weighted average score:
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