We used weighted factor analysis for facility location in Topic 9. Let's revisit this technique in connection
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We used weighted factor analysis for facility location in Topic 9. Let's revisit this technique in connection with supplier selection in a purchasing scenario. Consider the following data (available in Excel format on Canvas) in which 10 potential suppliers are been evaluated against 10 criteria as follows:
1. Assume that a higher score is better. According to the weighted factor method, which supplier should you choose?
2. How robust is the model recommendation?
Related Book For
Probability and Stochastic Processes A Friendly Introduction for Electrical and Computer Engineers
ISBN: 978-1118324561
3rd edition
Authors: Roy D. Yates, David J. Goodman
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