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The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to distribute purchases equally among the three suppliers. The owner's son, Benjamin Bennet, just graduated from a business college. He proposes that these suppliers be rated (high numbers mean a good performance) on six performance criteria weighted as shown in the table. A total score hurdle of 0.60 is proposed to screen suppliers. Purchasing policy would be revised to order raw materials from suppliers with performance scores greater than the total score hurdle, in proportion to their performance rating scores. Rating Supplier A Performance Criterion Weight Supplier B Supplier C 1. Price 0.2 0.4 0.9 0.5 2. Quality 3. Delivery 0.3 0.6 0.7 0.5 0.2 0.4 0.5 0.8 0.1 0.1 4. Production facilities 0.7 0.4 0.9 5. Environmental protection 6. Financial position 0.6 0.5 0.9 0.1 0.8 0.7 0.9 Jse a preference matrix to calculate the total weighted score for each supplier. The weighted score for Supplier A is. (Enter your response rounded to two decimal places.)

The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to distribute purchases equally among the three suppliers. The owner's son, Benjamin Bennet, just graduated from a business college. He proposes that these suppliers be rated (high numbers mean a good performance) on six performance criteria weighted as shown in the table. A total score hurdle of 0.60 is proposed to screen suppliers. Purchasing policy would be revised to order raw materials from suppliers with performance scores greater than the total score hurdle, in proportion to their performance rating scores. Rating Supplier A Performance Criterion Weight Supplier B Supplier C 1. Price 0.2 0.4 0.9 0.5 2. Quality 3. Delivery 0.3 0.6 0.7 0.5 0.2 0.4 0.5 0.8 0.1 0.1 4. Production facilities 0.7 0.4 0.9 5. Environmental protection 6. Financial position 0.6 0.5 0.9 0.1 0.8 0.7 0.9 Jse a preference matrix to calculate the total weighted score for each supplier. The weighted score for Supplier A is. (Enter your response rounded to two decimal places.)

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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The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to distribute purchases equally among the three suppliers. The owner's son, Benjamin Bennet, just graduated from a business college. He proposes that these suppliers be rated (high numbers mean a good performance) on six performance criteria weighted as shown in the table. A total score hurdle of 0.60 is proposed to screen suppliers. Purchasing policy would be revised to order raw materials from suppliers with performance scores greater than the total score hurdle, in proportion to their performance rating scores. Rating Supplier A Performance Criterion Weight Supplier B Supplier C 1. Price 2. Quality 3. Delivery 4. Production facilities 5. Environmental protection 6. Financial position 0.2 0.4 0.9 0.5 0.3 0.6 0.7 0.5 0.2 0.4 0.5 0.8 0.1 0.1 07 0.4 0.9 0.6 0.5 0.9 0.1 0.8 0.7 0.9 Use a preference matrix to calculate the total weighted score for each supplier. The weighted score for Supplier A is|. (Enter your response rounded to two decimal places.)
Transcribed Image Text:The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to distribute purchases equally among the three suppliers. The owner's son, Benjamin Bennet, just graduated from a business college. He proposes that these suppliers be rated (high numbers mean a good performance) on six performance criteria weighted as shown in the table. A total score hurdle of 0.60 is proposed to screen suppliers. Purchasing policy would be revised to order raw materials from suppliers with performance scores greater than the total score hurdle, in proportion to their performance rating scores. Rating Supplier A Performance Criterion Weight Supplier B Supplier C 1. Price 2. Quality 3. Delivery 4. Production facilities 5. Environmental protection 6. Financial position 0.2 0.4 0.9 0.5 0.3 0.6 0.7 0.5 0.2 0.4 0.5 0.8 0.1 0.1 07 0.4 0.9 0.6 0.5 0.9 0.1 0.8 0.7 0.9 Use a preference matrix to calculate the total weighted score for each supplier. The weighted score for Supplier A is|. (Enter your response rounded to two decimal places.)
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