Answered step by step
Verified Expert Solution
Question
1 Approved Answer
As purchasing agent for Woolsey Enterprises in Golden, Colorado, you ask your buyer to provide you with a ranking of excellent (worth 4 points),
As purchasing agent for Woolsey Enterprises in Golden, Colorado, you ask your buyer to provide you with a ranking of "excellent" (worth 4 points), "good" (3 points), "fair" (2 points), or "poor" (1 point) for a variety of characteristics for two potential vendors, Donna Inc. (D) and Kay Corp. (K). You suggest that "Products" total be weighted 0.2, the "Company" total be weighted 0.4, and the "Service" and "Sales" totals each be weighted 0.2. The buyer has returned the following ranking. Which of the two vendors would you select? Click the icon to view the rankings. You should choose vendor , with a weighted score of (Enter your response rounded to one decimal place.) hain As purchasing agent for Woolse of characteristics for two potenti weighted 0.2. The buyer has ret i Click the icon to view the r You should choose vendor et more help More info Table 1: Company Financial Strength Manufacturing Capability Research Facilities Geographical Locations Management Labor Relations Trade Relations Table 2: Service Deliveries on Time Handling of Problems Technical Assistance Table 3: Products Quality Price Packing Table 4 Sales Excellent (4) K D Excellent (4) K K D Good (3) K D Print K Excellent (4) Good (3) KD KD K D Good (3) D Done Fair (2) D K D DK KD K Fair (2) D Fair (2) D K Poor (1) Poor (1) Poor (1) - X ts Save nts), "fair" (2 points), or "poor" (1 point) for a varie ed 0.4, and the "Service" and "Sales" totals each b Clear all Check answer Chain As purchasing agent for Woolse of characteristics for two potenti weighted 0.2. The buyer has ret iClick the icon to view the ra You should choose vendor Get more help. More info Capability Research Facilities Geographical Locations Management Labor Relations Trade Relations Table 2: Service Deliveries on Time Handling of Problems Technical Assistance Table 3: Products Quality Price Packing Table 4: Sales Product knowledge Sales Calls Sales Service K D Excellent (4) K K D Excellent (4) Good (3) KD KD K Excellent (4) K K Print D Good (3) D Good (3) K Done D DK KD K Fair (2) D Fair (2) D K Fair (2) KD D D Poor (1) Poor (1) Poor (1) - X ts Save nts), "fair" (2 points), or "poor" (1 point) for a variety ed 0.4, and the "Service" and "Sales" totals each be Clear all Check answer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To determine which vendor to choose we need to calculate the weighted scores for each vendor based on the given criteria and their rankings in each category We will follow this process 1 For each cate...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started