Which supplier should you choose based on the decision matrix below? Factors: Cost Quality Location Reliability Payment Total Options 3 3 1 0 0 Weights: 4 Supplier 1 1 Supplier 2 0 Supplier 3 2 Supplier 4 2 O Supplier 3 O Supplier 1 O Supplier 2 O Supplier 4 5 0 3 2 1 1 0 2 1 3 2 1 2 3 3

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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Question
Which supplier should you choose based on the decision matrix below?
Factors: Cost Quality Location Reliability Payment
Options
3
3
1
0
0
Weights: 4
Supplier 1 1
Supplier 2
0
Supplier 3
2
Supplier 4
2
O Supplier 3
O Supplier 1
O Supplier 2
O Supplier 4
5
0
3
2
1
1
W22OT
0
1
3
2
1
2
3
3
Transcribed Image Text:Which supplier should you choose based on the decision matrix below? Factors: Cost Quality Location Reliability Payment Options 3 3 1 0 0 Weights: 4 Supplier 1 1 Supplier 2 0 Supplier 3 2 Supplier 4 2 O Supplier 3 O Supplier 1 O Supplier 2 O Supplier 4 5 0 3 2 1 1 W22OT 0 1 3 2 1 2 3 3
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