Page 2 2 Question 11 (8 points) Hobby Train Ltd is launching a new upscale train set for their high-end customers. The new train set requires special parts that only a handful of suppliers can provide. You are the head of the Purchasing Department and management has tasked you with selecting the supplier for this new upscale train set. The company has identified four (4) criteria that they consider critical to the selection process. These criteria, their relative importance (weights), and the scoring on each category for two (2) potential suppliers appear below. A score of 5 is excellent and 1 is a poor score. Page 3: Page 4: 4 Potential Suppliers Super Toy Parts Inc PinPoint Parts Ltd Page 5: 5 Criteria Weight Scoring Weighted Scoring Points Weighted Points 4 0.35 5 Expertise in Hobby Trains c Type here to search O 16 4 0.35 5 Expertise in Hobby Trains Integrity 0.25 4 4 4 Staff Experience 0.15 and Qualification 0.25 1 N Financial and Managerial Strength Total A) Using the weighted point evaluation process, calculate the final scores for both potential vendors on the chart below (4 marks). B) What is your recommendation on which supplier to choose based on analysis from a) above? Explain your reasoning. (2 marks) C) One of these potential suppliers has offered you (the buyer) a trip to Mexico for the weekend. As a buyer should you accept? Justify your answer? (2 marks) Page 2 2 Question 11 (8 points) Hobby Train Ltd is launching a new upscale train set for their high-end customers. The new train set requires special parts that only a handful of suppliers can provide. You are the head of the Purchasing Department and management has tasked you with selecting the supplier for this new upscale train set. The company has identified four (4) criteria that they consider critical to the selection process. These criteria, their relative importance (weights), and the scoring on each category for two (2) potential suppliers appear below. A score of 5 is excellent and 1 is a poor score. Page 3: Page 4: 4 Potential Suppliers Super Toy Parts Inc PinPoint Parts Ltd Page 5: 5 Criteria Weight Scoring Weighted Scoring Points Weighted Points 4 0.35 5 Expertise in Hobby Trains c Type here to search O 16 4 0.35 5 Expertise in Hobby Trains Integrity 0.25 4 4 4 Staff Experience 0.15 and Qualification 0.25 1 N Financial and Managerial Strength Total A) Using the weighted point evaluation process, calculate the final scores for both potential vendors on the chart below (4 marks). B) What is your recommendation on which supplier to choose based on analysis from a) above? Explain your reasoning. (2 marks) C) One of these potential suppliers has offered you (the buyer) a trip to Mexico for the weekend. As a buyer should you accept? Justify your answer? (2 marks)