Question: Table- provides a rating scale for evaluating suppliers. Table-4 provides the evaluation of 3 suppliers on this rating scale. Given this information, a. What is

Table- provides a rating scale for evaluating suppliers. Table-4 provides the evaluation of 3 suppliers on this rating scale. Given this information, a. What is the rating score for each supplier? [3 Marks] b. Which supplier will be given preference if a new order is to be placed? [1 Mark]

Table- provides a rating scale for evaluating

Criteria for Rating Weight (in %) The yardstick for measuring performance against each factor 1 2 (Below 3 4 5 (Poor) Average) (Average) (Good) (Best) 38 10 7-9 4-6 2-3 7.1 Table-3: A rating scale for evaluating suppliers Criteria for Rating Performance of Suppliers Supplier-2 Supplier-3 Supplier-1 120 320 220 Quality (non-defects per batch) Delivery Time (days) Price Discount (Rs./ unit) 3 5 1 7.5 6.0 4.5 Table-4: Evaluation of Suppliers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Performance management system Core Business School Questions 1. Is the management at fault for not using the performance appraisal criteria and deciding increments based on the number of admissions?...

In your analysis discuss and present your perspective on these: Start with the basic premise of the case. Briefly present the interpersonal dynamics of the interviewing committee - what is your...

Risk Analysis and Management of Construction and Operations in Offshore Wind Power Project Abstract: Many countries have increased the use of renewable energy and strongly promoted offshore wind...

This chapter presents students and early career executives with a sound understanding of theory. Theory is explored in terms of both anatomy (parts of the whole) and physiology (relationships with...

Assume that you are the Chief Purchasing Officer (CFO) of dairy products in Coles. You attended a board meeting yesterday where the next year's procurement strategies were decided: Ensure that...

I have attached 2 business research. Write a 700- to 1,050-word paper in which you practice identifying the critical first stage of developing any research study: State the purpose of the business...

So What Would An Ideal Performance Appraisal Look Like? Jack N. Kondrasuk University of Portland Organizations use many performance appraisal formats, but an ideal form still eludes us. This article...

Performance Appraisal: Measurement, Assessment, and Management Chapter 7 Radius Images/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Use a...

Write two paragraphs for chapter 17 (at least five grammatically correct complete sentences in each paragraph). One summarizing the chapter and one what you learned in each chapter. It should be your...

Give the structure of the activated benzene ring and the diazonium ion used in the synthesis of the following compounds: a. Butter yellow b. Methyl orange

8. Find the function f whose tangent has slope x - 2+2 for each value of x and whose graph passes through the point (1,3).

A High Deductible Health Plan ( HDHP ) has a family out - of - pocket maximum of _ _ _ _ _ _ _ _ _ blank in 2 0 2 4 . Multiple Choice $ 8 , 0 5 0 $ 5 , 6 0 0 $ 1 6 , 1 0 0 $ 2 , 8 0 0

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 36,000 candles for January. Each candle requires molding. Assume that four minutes are required to mold each candle. If molding...