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Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery- 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 100 Nos. 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%

Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery- 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 100 Nos. 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%

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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Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery - 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X 100 Nos. Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%
Transcribed Image Text:Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery - 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X 100 Nos. Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%
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