Switch To Light Mode

Dr$.$ Sawaya, Summer $2024-1$

Final Exam Take Home

Name $q,$

$q,$ Score $q,$

Signature $q,$

$q,$

For this exam, you may use your book, notes, computer, etc; but you need to do your own work and show your own work, and you should not share this exam or discuss the questions. Answer the following questions. Please sign it when completed to certify that you have neither given nor received help with this exam.

#$1)$ You are tasked with selecting the supplier for a new part from four possible venders A$,$ B$,$ C$,$ and D$.$ You have data related to price, quality, delivery performance, and a sustainability score $(5$ is best for the sustainability score$).$ Assuming each of these four aspects are equally weighted by your purchasing organization, which supplier would you choose given the following information? The critical part dimension for the quality data has a specification of $2\mathrm{.}5+-0\mathrm{.}05cm$; and daily demand of $25,$ with a daily standard deviation of $30$ units; $365$ days a year. The organization has a $40\%$ annual inventory carrying cost. For this part your organization prefers a service level of at least $95\%.$ Please be clear as to how you are using each piece of information, part of this grade is how you develop and use the data to find the price $(7$ points$),$ quality $(7$ points$),$ delivery performance $(7$ points$),$ and sustainability score you use in your analysis. $(40$pts total$)$

$\backslash$table$[[$Vender$,$A$,$B$,$C$,$D$],[$Price$/$unit$,$$$15\mathrm{.}45,$$$15\mathrm{.}75,$$$16\mathrm{.}30,$$$14\mathrm{.}95$