Question: Please I need step by step along with Formula, Thank you, B D F F G H I K L Weight 1 the more the

Please I need step by step along with Formula, Thank you,

Please I need step by step along with Formula,

B D F F G H I K L Weight 1 the more the better Factors Reputation Quality Wholesale Price Alternatives Supplier 1 Supplier 2 Supplier 3 0.2 $50.0 $45.0 $40 0.6 10 11 11 0.2 10 9 11 Factor Rating the more the better the less the better 3 0 1 Overal Score 5 7 8 9 0 1 2 In this problem, we assume that a buyer is going to select a single supplier to meet its demand. The buyer uses three factors to evaluate the suppliers: wholesale price, quality and reputation. You can find the suppliers' information in the table. Assume that the relative importance of the wholesale price is 0.2, the quality is 0.6, and the reputation is 0.2. You need to evaluate these suppliers by using factor rating technique to see what supplier is the best? To solve this problem, pay attention to the nature of the three factors: the last one is "the less is the better" and the other two are "the more is the better". So, you need to convert "the more is the better" to "the less is the better" or vice versa. You need to figure out how to do it. Also, you to normalize the numbers because they have to have the same scale or unit. 5 6 7 8

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