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The following bids have been received for the supply of motor bikes and you have already evaluated the technical and all three were responsive. You are now evaluating the commercial. Your preferred delivery period is 6 weeks after contract signature. S/N BIDDER A BIDDER B BIDDER C 1. K900 000.00 K1 200 000.00 K750 000.00 COMMENTS Bidder A quoted second highest. Their terms of payment were full payment after delivery. Their delivery period was 5 weeks after contract signature. • Bidder B quoted highest. Their terms of payment were, after delivery of the motor bikes. Their delivery period was 6 weeks upon placement of purchase order. • Bidder C quoted lowest. Their terms of payment were after delivery. Their delivery period was 6 weeks. The motor bikes were ex-stock. However, they went on to say that should the order be placed when the goods have sold out, the delivery period was likely to change. REQUIRED: Which supplier will be the best evaluated bidder and why?

The following bids have been received for the supply of motor bikes and you have already evaluated the technical and all three were responsive. You are now evaluating the commercial. Your preferred delivery period is 6 weeks after contract signature. S/N BIDDER A BIDDER B BIDDER C 1. K900 000.00 K1 200 000.00 K750 000.00 COMMENTS Bidder A quoted second highest. Their terms of payment were full payment after delivery. Their delivery period was 5 weeks after contract signature. • Bidder B quoted highest. Their terms of payment were, after delivery of the motor bikes. Their delivery period was 6 weeks upon placement of purchase order. • Bidder C quoted lowest. Their terms of payment were after delivery. Their delivery period was 6 weeks. The motor bikes were ex-stock. However, they went on to say that should the order be placed when the goods have sold out, the delivery period was likely to change. REQUIRED: Which supplier will be the best evaluated bidder and why?

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 following bids have been received for the supply of motor bikes and you have already evaluated the technical and all three were responsive. You are now evaluating the commercial. Your preferred delivery period is 6 weeks after contract signature. S/N BIDDER A BIDDER B BIDDER C 1. K900 000.00 K1 200 000.00 K750 000.00 COMMENTS • Bidder A quoted second highest. Their terms of payment were full payment after delivery. Their delivery period was 5 weeks after contract signature. Bidder B quoted highest. Their terms of payment were, after delivery of the motor bikes. Their delivery period was 6 weeks upon placement of purchase order. Bidder C quoted lowest. Their terms of payment were after delivery. Their delivery period was 6 weeks. The motor bikes were ex-stock. However, they went on to say that should the order be placed when the goods have sold out, the delivery period was likely to change. REQUIRED: Which supplier will be the best evaluated bidder and why?
Transcribed Image Text:The following bids have been received for the supply of motor bikes and you have already evaluated the technical and all three were responsive. You are now evaluating the commercial. Your preferred delivery period is 6 weeks after contract signature. S/N BIDDER A BIDDER B BIDDER C 1. K900 000.00 K1 200 000.00 K750 000.00 COMMENTS • Bidder A quoted second highest. Their terms of payment were full payment after delivery. Their delivery period was 5 weeks after contract signature. Bidder B quoted highest. Their terms of payment were, after delivery of the motor bikes. Their delivery period was 6 weeks upon placement of purchase order. Bidder C quoted lowest. Their terms of payment were after delivery. Their delivery period was 6 weeks. The motor bikes were ex-stock. However, they went on to say that should the order be placed when the goods have sold out, the delivery period was likely to change. REQUIRED: Which supplier will be the best evaluated bidder and why?
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