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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