Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. A company is about to select a vendor for the outsourcing of all of its IT requirements. It has identified four criteria that are

image text in transcribed
4. A company is about to select a vendor for the outsourcing of all of its IT requirements. It has identified four criteria that are crucial to the selection. These criteria, and their importance weights, are contained in the table below. Three firms A, C, and E, have indicated that they are interested in willing this work. The company has scored each of the three candidates on these criteria, using a 1 to 10 scale, where 10 is best. Candidate A scored, in order,7,7,7, and 5 on the four criteria. Candidate C scored 9, 4, 8, and 6. Candidate E scored 5, 10, 10, and 7. Criterion Engineering expertise Financial and managerial strength Integrity Staff experience and qualifications Weight 0.40 0.20 0.15 0.25 a. On the basis of weighted ratings, which candidate vendor is indicated as the most favorable to be selected? b. Explain the basis of the decision made in part a. Not actually being certain which criterion is more important than another or by how much, select the most favorable vendor without weighting the ratings

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Agile Auditing Fundamentals And Applications

Authors: Raven Catlin, Danny M Goldberg, Ceciliana Watkins

1st Edition

ISBN: 1119693462, 9781119693468

More Books

Students also viewed these Accounting questions

Question

What is nonverbal communication?

Answered: 1 week ago