Question: Please help, I will rate!! Thank you so much! 12 In evaluating the three potential suppliers (see Table below), weight schemes are provided as follows.
Please help, I will rate!! Thank you so much!
12
In evaluating the three potential suppliers (see Table below), weight schemes are provided as follows. Weight criteria for performance attributes: (Assigned) weight for price = 0.30, weight for quality = 0.40, and weight for delivery services = 0.30. Scoring scheme: Excellent (lowest price, lowest percentage of defects) = 5, good (second lowest price, second lowest percentage of defects, 95% on-time delivery) = 4, average (highest price, 90% on-time delivery) = 3, fair (80% on-time delivery) = 2, poor (defect rate 10% or higher) = 1. Hint: Do not forget to cross-multiply the performance ratings with their respective weights to calculate the total score.
| Performance criteria | Price | Quality | Delivery services |
| Supplier A | $4 per unit | 5% defects | 95% on time |
| Supplier B | $5 per unit | 1% defects | 80% on time |
| Supplier C | $3 per unit | 10% defects | 90% on time |
Using the above information along with the given weighting and scoring schemes of the simple (alternative) weighted average method, which supplier should be the preferred source of supply? Group of answer choices Supplier A Supplier B Supplier C Both Supplier B and C
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