Question: [Chapter 2] Rating Outsource Providers Ting Technologies, Inc... is considering outsourcing its mechanical parts production. Four companies (A, B, Cr and D] have responded to
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[Chapter 2] Rating Outsource Providers Ting Technologies, Inc... is considering outsourcing its mechanical parts production. Four companies (A, B, Cr and D] have responded to its request For bids. Ting's CEO wishes to use the factorrating method to help select an outsourcing provider. Ting's Operations Management (OM) team has determined that four factors {criteria} are critical in selecting an outsourcing provider: Quality, Cost, Delivery, and Flexibility. The OM team has placed an importance weight on each of the factors and also provided ratings for each company. (Higher weights imply higher importance and higher ratings imply more desirable providers.) Question 6 [3 points] Saved a} Assume that weights are on a scale of 1 to 5 [with 5 being the highest) and that ratings are on a scale of 1 to 100 [with 100 being the highest).The following table summarizes the data that the OM team has assembled. Which company should Ting select as its outsourcing provider? Ratings of Outsource Providers Factor. Weight A B c D [Criterion] Quality 3 30 60 100 90 Cost 1 80 40 2O 20 Delivery 2 40 80 20 20 Flexibility 4 30 10 2O 30 0 Company C 0 Company 3 6) Company A 0 Company 3 b] Assume that the ratings of companies Aand B for each of the factors increase by 10% compared to the ratings given in Pa rt {a}, while the ratings of companies C and D remain the same as given in Part (a). If each of the weights used in Part (a) is doubled (to 6, 2, 4, and 8, respectively], which company should Ting select as its outsourcing provider? ('3. Company A (3:. Company D (3. Company C (:3. Company B Question 8 [3 points] Saved c} Suppose that a consultant recommended that the importance weights for Quality, Cost, Delivery, and Flexibility should be 3, 4, 2, and 1, respectively. If the OM team has the same ratings for the four companies as given in Part (a), which company should Ting select as its outsourcing provider? (9 Company B (:3. Company D (:3. Company A (:3. Company C Question 9 (3 points)
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