Question: A tender evaluation method specifies 30% price and 70% quality. What is the weighted score of a tender that scored 80 points (out of 100)

A tender evaluation method specifies 30% price and 70% quality. What is the weighted score of a tender that scored 80 points (out of 100) for price and 60 for quality?

Step by Step Solution

★★★★★

3.38 Rating (145 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

You can calculate the weighted score using the following steps Convert scores to a 01 scale Divide each score by the maximum possible score 100 in thi... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Operations Management Questions!

A tender evaluation method specifies 60% price and 40% quality. What is the weighted score of a tender that scored 80 points (out of 100) for price and 60 for quality?

Determine the measure of

The following scatterplot represents scores on Test 2 and Test 3 in Introductory Statistics for a random sample of students. The regression equation for these data is yÌ = 55.2 + 0.3708x,...

You have invited four companies to bid on a consulting project. All four companies answered your invitation to tender, but the bids vary in the number of hours each company estimates will be required...

Please read the posted articles on the TOWS Matrix and Executive Summary, and the Southwest Airlines TOWS Exercise. The Southwest Air exercise is an actual TOWS Matrix, EFE and IFE that was handed in...

decide if you believe that one of the five methods of aggregation would serve better in the restaurant industry. Five Methods of Aggregation Absolute Binary Nested Binary Weighted Binary (Points)...

Ashford 5: - Week 4 - Assignment Principles of Effective Intervention There are four general principles of effective intervention that have become organizing concepts of community corrections. They...

Assessment Task 2 BSBMGT517 Manage operational plan Appendix 1: Scenario - e-Commerce resourcing Background to scenario The BBQfun Board of Directors and the CEO have decided to implement an...

I am attaching a document. The 3 questions for the case start on Page 11. I would like all three questions answered. ATLANTA KESTREL'S CAPITAL BUDGETING DECISION ABSTRACT This case examines a capital...

With your pencil, make a dot on the position of your best visualestimate of the centroid of the triangluar area. 15.0 12.0 9.0 6.0 3.0 O 1.2 2.4 3.6 4.8 6.0 Now refer to Sample Problem Chapter 5,...

A school system has assigned several hundred chronic and severe underachievers to an alternative educational experience. To assess the program, a random sample of 35 students has been selected for...

A large company has an inspection system for the batches of small compressors purchased from vendors. A batch typically contains 15 compressors. In the inspection system, a random sample of 5 is...

The mean and standard deviation of a random sample of n measurements are equal to

Darren Mack owns the Gas n Go convention store and gas station. After hearing a marketing lecture, he realizes that it might be possible to draw more customers to his high-margin convenience store by...

Mackelprang Inc. is in the initial stages of building the premier planned community in the greater Phoenix, Arizona, metropolitan area. The main selling point will be the communitys lush golf...

Differential Analysis for a Discontinued Product The condensed product-line income statement for Northern Lights Company for the month of August is as follows: Northern Lights Company Product-Line...

CASE 10-10 EAT AT MY RESTAURANT - CASH FLOW is case, we review the cash flow of several restaurant companies. The restaurant com- panies reviewed and the year-end dates are as follows: 1. Yum Brands,...

1 (a) How many instruments are taught on Tuesday? instruments. (b) How many instruments are taught on Tuesday or Friday (or both)? instruments (c) Which instruments are taught on neither Tuesday nor...