RATING Performance Vendor Vendor Vendor Vendor Vendor Criterion A в E Quality of raw material 8 7 3 6 9 Environmental impact 3 4 7 7 Responsiveness to order changes 9 5 7 6 5 Cost of raw material 7 6 9. 2 7 LO 8.
RATING Performance Vendor Vendor Vendor Vendor Vendor Criterion A в E Quality of raw material 8 7 3 6 9 Environmental impact 3 4 7 7 Responsiveness to order changes 9 5 7 6 5 Cost of raw material 7 6 9. 2 7 LO 8.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
You are in charge of analyzing five new suppliers of an important raw material and have been given the information
shown below (1 = worst, 10 = best). Management has
decided that criteria 2 and 3 are equally important and that
criteria 1 and 4 are each four times as important as criterion 2.
No more than two new suppliers are required but each
new vendor must exceed a total score of 70 percent of the
maximum total points to be considered.
a. Which new vendors do you recommend?
b. Would your decision change if the criteria were
considered equally important?
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