Question: Each performance category is scored on a scale from 0 ( unsatisfactory ) to 1 0 0 ( excellent ) and assigned a weight based
Each performance category is scored on a scale from unsatisfactory to excellent and assigned a weight based on its relative importance. Suppliers are considered "preferred" if they score or higher. Preferred suppliers are those that the Kentucky Equipment Company will work with on new product development, approve for new business, and assist in maintaining a competitive position. An "acceptable" supplier rating is more than or equal to and less than In this category, the supplier is required to provide a plan to Michelle Equipment on how to achieve preferred status. A score of less than means that the supplier has a "developmental" supplier rating.
What are the scores of the four suppliers and how would you evaluate each of them? Do not round intermediate calculations. Round your answers to two decimal places.
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