Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For my assignment, I need to create a rating assessment for an estimation of two carriers. I know that I will be converting this information
For my assignment, I need to create a rating assessment for an estimation of two carriers. I know that I will be converting this information into tables in MatLab but I am not sure how I need to start/approach doing so. The information is already there, I am not sure what the best method or simplest method would be. At the end, I will be using the design app to display this information. Any insight in how to approach this would be greatly appreciated.
Estimation of freight carrier using rating assessment Two carriers were selected that met all requirements for the transportation of company goods. This selection was based on the results of an analysis of the transport services market by the logistics service commercial company. Some of the criteria by which the assessment was carried out - qualitative, the other part - quantitative. Determine the most acceptable carrier by using integral assessment. Carrier selection criteria Table 1 SOLUTION Let us calculate quantitative estimates in Table 1. In this case, the weight wi is calculated using the formula taking as absolute value: wi=N(N+1)2(Ni+1) where N - number of indicators. i - rank assigned to the i-th indicator. Calculation of quantitative estimates. Table 2 Let us calculate the qualitative assessments in Table 3. We will correlate qualitative assessments with five-point system: excellent - 5; very good - 4; good - 3; satisfactory -2 . Calculation of qualitative assessments. Table 3. The carrier with the highest rating is selected as the main carrier, that is, the carrier BStep by Step Solution
There are 3 Steps involved in it
Step: 1
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