You are in charge of analyzing five new vendors 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 orteria 1 and 4 are each four fimes as important as crterion 2. Assume that the sum of the weights equals 100. No more than 2 new vendors are required but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered Rating Performance Criterion Vendor A Vendor B Vendor C Vendor D Vendor E Quality of raw material Environmental impact Responsiveness to order changes Cost of raw material 3. 5 3 a. Which new vendors do you recommend? Calculate the total weighted score for all of the vendors and fill in the table below (enter your responses as whole numbers) Total Weighted Vendor Score Select all of the vendors to be recommended (Check all that apply) O Vendor A O Vendor E O Vendor D O Vendor C O Vendor B O No vendor should be recommended.
You are in charge of analyzing five new vendors 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 orteria 1 and 4 are each four fimes as important as crterion 2. Assume that the sum of the weights equals 100. No more than 2 new vendors are required but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered Rating Performance Criterion Vendor A Vendor B Vendor C Vendor D Vendor E Quality of raw material Environmental impact Responsiveness to order changes Cost of raw material 3. 5 3 a. Which new vendors do you recommend? Calculate the total weighted score for all of the vendors and fill in the table below (enter your responses as whole numbers) Total Weighted Vendor Score Select all of the vendors to be recommended (Check all that apply) O Vendor A O Vendor E O Vendor D O Vendor C O Vendor B O No vendor should be recommended.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
You are in charge of analyzing five new vendors of 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. Assume that the sum of the weights equals 100. No more than 2 new vendors 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?
Calculate the total weighted score for all of the vendors and fill in the table below (enter your responses as whole numbers):
Select all of the vendors to be recommended. (Check all that apply.)
Transcribed Image Text:You are in charge of analyzing five new vendors of an important raw material and have been given the information shown below (1worst, 10 best). Management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four fimes as important as criterion 2 Assume that the sum of the
weights equals 100. No more than 2 new vendors are required but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered.
Rating
Vendor C
Performance Criterion
Vendor A
Vendor B
Vendor D
Vendor E
Quality of raw material
Environmental impact
Responsiveness to order changes
Cost of raw material
8
3
5
9.
a. Which new vendors do you recommend?
Calculate the total weighted score for all of the vendors and fill in the table below (enter your responses as whole numbers)
Total Weighted
Vendor
Score
B
D.
Select all of the vendors to be recommended (Check all that apply)
O Vendor A
O Vendor E
O Vendor D
O Vendor C
O Vendor B
O No vendor should be recommended
Expert Solution
Step 1
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman