Heng Hiong Fabrication Company has FOUR vendors supplying rubber gaskets (various sizes) to their shop floor. The table (below) shows delivery for the past 12 months. The weightage allocated to vendor evaluation is as follows: • On-time delivery (40%). • pricing (30%). • product quality (30%) a) Calculate the supplier performance score. b) Identify the best and worst performers. NOTE. Provide supporting argument. Show workings. Supplier Order delivery Quality (pcs) (Passed) Supplier-A 600 Supplier-B 400 Supplier-C 500 Supplier-D 500 570 400 490 485 On-time delivery 570 400 480 490 Price/unit $10.30 $11.00 $10.80 $10.50

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 1
Heng Hiong Fabrication Company has FOUR vendors supplying rubber gaskets (various
sizes) to their shop floor. The table (below) shows delivery for the past 12 months. The
weightage allocated to vendor evaluation is as follows:
• On-time delivery (40%),
• pricing (30%),
• product quality (30%)
a) Calculate the supplier performance score.
b) Identify the best and worst performers.
NOTE. Provide supporting argument. Show workings.
Supplier
Order delivery Quality
(pcs)
(Passed)
Supplier-A 600
Supplier-B 400
Supplier-C 500
Supplier-D 500
570
400
490
485
On-time
delivery
570
400
480
490
Price/unit
$10.30
$11.00
$10.80
$10.50
Transcribed Image Text:Question 1 Heng Hiong Fabrication Company has FOUR vendors supplying rubber gaskets (various sizes) to their shop floor. The table (below) shows delivery for the past 12 months. The weightage allocated to vendor evaluation is as follows: • On-time delivery (40%), • pricing (30%), • product quality (30%) a) Calculate the supplier performance score. b) Identify the best and worst performers. NOTE. Provide supporting argument. Show workings. Supplier Order delivery Quality (pcs) (Passed) Supplier-A 600 Supplier-B 400 Supplier-C 500 Supplier-D 500 570 400 490 485 On-time delivery 570 400 480 490 Price/unit $10.30 $11.00 $10.80 $10.50
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