1 4 6 - B IU A Go EE = 15 15 23 STUDY GUIDE FOR TEST 2 Note: Describe means "explain with examples or all you know about the concept/application." 1. Supplier Selection based on Performance Rating Buyer A wishes to rate its vendors on quality, service, and price. Their weight factor is given. In this problem, quality is rated as a direct percentage of the number of acceptable lots received in relation to total lots received. The service rating is a direct percentage of the lots delivered on time in relation to total lots received. In rating price, the lowest price obtained from any supplier is used as the base price, and prices from other suppliers are rated as a ratio of this figure. Supplier 1 Supplier 2 Quality (weight = 45) Acceptable lots 62 45 Total lots received 88 48 Quality Rating (% Service (weight = 30) On-time deliveries 56 47 Total lots received 64 52 Service Rating (%) Price (weight = 25) Lowest Price $75 $75 Price submitted $78 $81 Price Rating Total (Weighted) Performance Score Questions: A Find the ratings for Quality Service and Price for both the suppliers (10) B. Find the total weighted performance score for the Supplier 1 & 2 C. Which supplier would be the most satisfactory supplier and provide the reason to support your recommendation 2. Cout-based System and Supplier Performance Index Supplier Performance Report ending December 2017 Supplier: ABC Company Commodity Integrated circuits for dishwashers A 120 unit were purchased 589. per unit Nonperformance costa 1 2 3 4 KLIME 5 TE 6 Event Number of occurrences 12 Average cost per occurrence $ 45 Late delivery Return to supplier 8 $ 22 Scrap labor cost 10 $ 42 Testing and re-storage 13 S 24 Compute the Supplier Performance Index (SPD) for this supplier 3. Describe barriers to worldwide sourcing, provide "real-world example" 4. Describe possible risks of maintaining fewer suppliers, provide real-world example 5. Describe a comparison of Supplier Measurement and Evaluation systems in a tabular form. provide real-world example You, as a supply chain manager, are considering the purchase of 1.000 desktop PCs for your company. The life cycle for the PCs is three years, and your company's cost of capital is 12%. You are required to calculate the TCO for this scenario and the following cost elements are available to you