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In order to assess a suppliers’ pool, you decide to evaluate the following categories of the suppliers’ performance using cost-ratio method: - Price - Delivery - Quality Using cost ratio method, please calculate the Suppliers performance score.

In order to assess a suppliers’ pool, you decide to evaluate the following categories of the suppliers’ performance using cost-ratio method: - Price - Delivery - Quality Using cost ratio method, please calculate the Suppliers performance score.

Practical Management Science
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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In order to assess a suppliers’ pool, you decide to evaluate the following categories of the suppliers’ performance using cost-ratio method:
- Price
- Delivery
- Quality

Using cost ratio method, please calculate the Suppliers performance score.

In order to assess a suppliers' pool, you decide to evaluate the following categories of the suppliers' performance using cost-ratio method: - Price - Delivery - Quality Using cost ratio method, please calculate the Suppliers performance score. 40 Price Delivery 40 Quality 20 Total 100 Performance Score $1 Target Score Performance Score S2 Actual Performance Suppler I (%) 60% 100% 90% Actual Performance Suppler I (points)* Actual Performance Suppler II (%) 80% 90% 95% Actual Performance Suppler II (points)* Please briefly explain your results. Which supplier must be selected based on the evaluation and why.
Transcribed Image Text:In order to assess a suppliers' pool, you decide to evaluate the following categories of the suppliers' performance using cost-ratio method: - Price - Delivery - Quality Using cost ratio method, please calculate the Suppliers performance score. 40 Price Delivery 40 Quality 20 Total 100 Performance Score $1 Target Score Performance Score S2 Actual Performance Suppler I (%) 60% 100% 90% Actual Performance Suppler I (points)* Actual Performance Suppler II (%) 80% 90% 95% Actual Performance Suppler II (points)* Please briefly explain your results. Which supplier must be selected based on the evaluation and why.
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