Matthew;

For me to receive a grade on this project, the professor is asking for explanations. This is the response that I received from the professor. "the calculations are correct, I have no way of really knowing if you understood because there are no explanations. Can you please provide explanations? I will need the explanations by 6:00pm Saturday, March 19th to receive a grade.

Thanks

criteria cost quality turnaround total In house 400 low 45 445 privatization 500 medium 60 560 county 300 high 30 330 medium privatization 503.37 56.63 Total 1200 high county 296.63 33.37 135 1335 1. Expected value Table alternative cost turnaround low In-house 400 45 Expected value for cost in in-house = 1200*445/1335 =400 For privatization =1200*560/1335 =503.37 For county =1200*330/1335 =296.63 Same computation formula applies for quality 2. Weighted score table In-house Criteria/ score Total score cost 20 Quality 10 turnaround 10 Total 40 W.S is the weighted score score 10 5 5 W.S 200 50 50 400 Privatization score 5 5 10 W.S 100 50 100 250 W.S for cost in in-house =20*10 =200 Privatization =20*5 =100 County =20*10 =200 This formula applies to both quality and turnaround Therefore weighted score table will be; Criteria/ alternative cost quality turnaround In-house 200 50 50 privatization 100 50 100 county 200 50 50 county score 10 5 5 W.S 200 50 50 300 total 400 250 300 3. Break even analysis Criteria In-house privatization county total cost 300 300 400 1000 Turn around 30 40 30 100 quality low medium high At break even the alternatives will have equal chances of occurrence which is 1/3 Therefore, Breakeven in-house 330*(1/3) =110 Privatization 340*(1/3) =113.33 County 430*(1/3) =143.33