Fernando Garzas firm wishes to use factor rating to help select an outsourcing provider of logistics services.
Question:
a) With weights from 15 (5 highest) and ratings 1100 (100 highest), use the following table to help Garza make his decision:
b) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4, respectively. How does this change your conclusions? Why?
c) If Overnight Shippings ratings for each of the factors increase by 10%, what are the new results?
Transcribed Image Text:
RATING OF LOGISTICS PROVIDERS CRITERION! WEIGHT! OVERNIGHT! WORLDWIDE! UNITED Quality Delivery Cost SHIPPING DELIVERYFREIGHT 80 85 80 90 70 70 75 70 95
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
a The results of the factor rating method are Overni...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
Charles Teplitzs firm wishes to use factor rating to help select and outsourcing provider of logistics services. (a) With weights from 1-5 (5 highest) and ratings 1-100 (100 highest), use the...
-
An overnight shipping firm operates major sorting facilities (hubs) in six cities. To compare the performance of the hubs, it tracked the shipping time (in hours) required to process 20 randomly...
-
Why does marginal factor cost increase as a monopsonistic firm utilizes more labor but remain unchanged as a perfectly competitive firm employs additional labor?
-
Craps is a dice game in which two fair dice are cast. If the roller shoots a 7 or 11 on the rst roll, he or she wins. If the roller shoots a 2, 3, or 12 on the rst roll, he or she loses. (a) Compute...
-
Three identical circular disks A, B, and C are welded to the ends of three identical solid circular bars (see figure). The bars lie in a common plane and the disks lie in planes perpendicular to the...
-
An inventory system that keeps the smallest amount of inventory on hand is called a. a just-in-time system. b. radio frequency tagging. c. materials requirement planning. d. enterprise resource...
-
Accumulated other comprehensive income (AOCI) appears as a subsection of shareholders equity on the balance sheet. Discuss the components of AOCI. What information does the AOCI convey to financial...
-
Thornton Company has an old factory machine that cost $50,000. The machine has accumulated depreciation of $28,000. Thornton has decided to sell the machine. (a) What entry would Thornton make to...
-
40. [Structural Question] You are given the following: (i) An insurer issues a 10-year deferred whole life annuity due with annual payments of 10,000 to a life aged 50. (ii) The policy has a single...
-
No Friction is an industrial lubricant, which is formed by subjecting certain crude chemicals to two successive processes. The output of process 1 is passed to process 2, where it is blended with...
-
Identify how changes within an organization affect the OM strategy for a company. For instance, discuss what impact the following internal factors might have on OM strategy: a) Maturing of a product....
-
Rao Technologies, a California- based high- tech manufacturer, is considering outsourcing some of its electronics production. Four firms have responded to its request for bids, and CEO Mohan Rao has...
-
An advertising executive believes that the length of time a television viewer can recall a commercial is distributed exponentially with a mean of .25 days. Find how long it will take for 75 % of the...
-
When coding an E/M code, what modifier would be acceptable for use?
-
Define motivation and the importance of motivation.
-
Income statement. From the following income statement accounts in the popup window, a. produce the income statement for the year. b. produce the operating cash flow for the year. a. produce the...
-
When you attempt to ping the switch you realize that it is not active. What is the most likely cause of this issue?
-
What is operating system?
-
American Rice, Inc., a U.S. corporation, sold its goods in Saudi Arabia under the trade name of ABU BINT, which means of the girl. Another American corporation, the Arkansas Rice Gro wers Cooperative...
-
Parkin Industries, a U.S. company, acquired a wholly-owned subsidiary, located in Italy, at the beginning of the current year, for 200,000. The subsidiary's functional currency is the euro. The...
-
Use the following information to answer question. As a result of the rising costs in health insurance, an insurance company decides to help its clients improve their health and cut down their bills....
-
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed). Furthermore,...
-
Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants a 97% service level. (a) What...
-
Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants a 97% service level. (a) What...
-
what is the meaning of each variable in capital asset pricing model equation?
-
Further to the lesson discussions and readings about the Sales and Operations Planning Process, provide your argument for the value of this process applied to a CPG (Consumer Packaged Goods) company....
-
You are a financial advisor to a client who just made a lot of money on an IPO recommended to him by a friend. Now your client wants to make dramatic changes to his portfolio, switching from a...
Study smarter with the SolutionInn App