Question: Procurement Assignment Below example Renting a House provides you with the context for a response to the Assignment Questions.Please review below and also use knowledge

Procurement Assignment

Below example "Renting a House" provides you with the context for a response to the Assignment Questions.Please review below and also use knowledge from textbook to form your response.

Renting a House

You are a St. Clair College student searching for a house rental for 5 people.Your max budget is $2500/month.You have found three possible rentals below.

Criteria

Criteria

House A

House B

House C

Located in South Windsor

X

X

X

3 Bedrooms

X

X

X

Near Bus Stop

X

X

X

2 Bathrooms

X

X

Monthly Rent is Less than $2000

X

X

X

Evaluated Criteria

Use a scale of 0-10 to evaluate each Criteria. Define your scale. Provide justification for each Criteria scale.

Criteria

House A

House B

House C

Distance from St. Clair Downtown Campus

22 km

25 km

10 km

Bedrooms

3 Bedrooms

5 Bedrooms

4 Bedrooms

Distance to Bus Stop

200 m

1000 m

15 m

Bathrooms

2 Bathrooms

3 Bathrooms

1 Bathroom

Monthly Rent

$1800

$2000

$2500

Criteria

0

1

2

3

4

5

6

7

8

9

10

Distance from St. Clair Downtown Campus

30 km +

27.1 - 30 km

24.1 - 27 km

21.1 - 24 km

18.1 - 21 km

15.1 - 18 km

12.1 - 15 km

9.1 - 12 km

6.1 - 9 km

3.1 - 6 km

0 - 3 km

Bedrooms

0

1

2

3

4

5 +

Distance to Bus Stop

2001 m +

1801 - 2000 m

1601 - 1800 m

1401 - 1600 m

1201 - 1400 m

1001 - 1200 m

801 - 1000 m

601 - 800 m

401 - 600 m

201 - 400 m

0 - 200 m

Bathrooms

0

1

2

3

4

5 +

Monthly Rent

$2501 +

$2251-2500

$2001-2250

$1751-2000

$1501-1750

$1251-1500

$1001-1250

$751-1000

$501-750

$251-500

$0-250

Criteria

House A

House B

House C

Distance from St. Clair Downtown Campus

3

2

7

Bedrooms

6

10

8

Distance to Bus Stop

10

6

10

Bathrooms

4

6

2

Monthly Rent

3

3

1

Total

26

27

28

Weighted Evaluated Criteria

Criteria

Weight

House A

House B

House C

Distance from St. Clair Downtown Campus

35

Bedrooms

10

Distance to Bus Stop

5

Bathrooms

5

Monthly Rent

45

Total

100 %

*This are the questions* Procurement Assignment (100 Pts)

1.Develop a Weighted Evaluated Criteria Chart for a Supplier for your Product (20 Pts)

2.Provide the following for each Criteria (40 Pts)

a.Definition

b.Weighting and Justification for Weight

c.Scale for each Criteria and Justification for Scale

3.Complete Evaluation using 3 suppliers using the Weighted Evaluated Criteria from Question# 1 (10 Pts)

a.Show your math for each calculation

4.Provide a short answer to the following:(30 Pts)

a.Your company is planning to purchase raw materials from a supplier in China for use in manufacturing in Canada.Identify and describe your strategies to reduce risk when dealing with an unknown supplier in China.

Text book is global value chain

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