Question: Based on the paragraph below, construct a decision tree, Edit the graphic below to create your decision tree. If you accidentally delete it, you can
Based on the paragraph below, construct a decision tree,
Edit the graphic below to create your decision tree. If you accidentally delete it, you can add another one from Insert > SmartArt (in the Illustrations tab) > Horizontal Hierarchy > OK [Text] [Text] [Text] [Text] [Text] [Text]Decision Tree: Selecting a New Supplier Your company is in urgent need of a new supplier for a precision-machined component that is critical to production. Three potential suppliers have been identified after preliminary market research. The first step is to check whether each supplier's historical on-time delivery performance meets or exceeds 95%. If a supplier meets this threshold, you must then determine whether their quoted price per unit is within the company's set budget range. A supplier that is both on-time and within budget can be immediately approved, while a supplier that is on-time but over budget should be approached for price negotiations before proceeding further. If a supplier's on-time delivery performance is below 95%, the next consideration is whether they are willing to offer expedited shipping at no additional cost to compensate for their slower average delivery. If they agree, a three-month trial order should be arranged to verify real-world performance before long-term contracts are signed. If they do not agree to expedited shipping, that supplier should be removed from consideration. Some suppliers in the list are entirely new to the market and have no verifiable delivery performance record. For these suppliers, the first question is whether they can provide at least three credible, detailed references from existing clients who have received similar products. If they can, a quality inspection should be arranged before placing the first order. If they cannot provide these references, they should be removed from the shortlist. Task: Based on the paragraph above, construct a decision tree. Edit the graphic below to create your decision tree. If you accidentally delete it, you can add another one from Insert > SmartArt (in the Illustrations tab) > Horizontal Hierarchy > OK
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
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 General Management Questions!