Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality - 50%, Price - 20%, Delivery - 20%,

image text in transcribed
Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality - 50%, Price - 20%, Delivery - 20%, TQM System - 10%. Determine the best source of supply under weighed-point method. Service Details Company X Company Y Company Z Total quantity supplied 100 Nos. 90 Nos. 80 Nos. Total quantity accepted 95 Nos. 88 Nos. 76 Nos. Unit price of item Rs. 10.00 Rs.9.80 Rs.10.20 Delivery expected as per PO 4 weeks 4 weeks 4 weeks Delivery arranged 5 weeks 4-5 weeks 6 weeks Care taken for TQM system 75% 80% 70%

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: 3

blur-text-image

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

The Wall Street Mba

Authors: Reuben Advani

2nd Edition

007178831X, 9780071788311

More Books

Students also viewed these Accounting questions