1. Buyer A wishes to rate its vendors on quality, service, and price. Their weight factor is given. In this problem, quality is rated as a direct percentage of the number of acceptable lots received in relation to total lots received. The service rating is a direct percentage of the lots delivered on time in relation to total lots received. In rating price, the lowest price obtained from any supplier is used as the base price, and prices from other suppliers are rated as a ratio of this figure. Supplier 1 Supplier 2 Quality (weight = 40) Acceptable lots 60 43 Total lots received 85 50 Quality Rating (%) Service (weight = 35) On-time deliveries 56 49 Total lots received 68 56 Service Rating (%) $75 $80 $75 $82 Price (weight = 25) Lowest Price Price submitted Price Rating (%) Total (Weighted) Performance Score Questions: A. Find the ratings for Quality, Service and Price for both the suppliers. (5) B. Find the total weighted performance score for the Supplier 1 & 2. (12) C. Which supplier would be the most satisfactory supplier and provide the reason to support your recommendation? (3) 1