You have been employed by Company X as a team in the procurement department. The company is
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Question:
You have been employed by Company X as a team in the procurement department. The company is running a series of projects. One of the projects is at the source selection stage and five bidders have made it to the third and final selection stage. The company decided to use the Danish source selection technique/ principle. The bid prices are as shown in the table below.
Bidder ID | Total Fee (in Million Rand) |
A | 200 |
B | 1 200 |
C | 500 |
D | 700 |
E | 800 |
- Determine the outliers.
- Calculate the average.
Select the best bidder. Support your selection.
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