Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The table below provides information relating to important characteristics of the current supplier. In addition, the table includes the same types of information for two
The table below provides information relating to important characteristics of the current supplier. In addition, the table includes the same types of information for two potential alternative suppliers in China ( A and B ) that have been contacted by Throx. The last column indicates the weights to be considered for each supplier characteristic. * TBD= to be determined (calculated) by students Quality Performance Information To conduct a quality performance assessment for each of these suppliers, Throx would like you to determine the value of the Capability Index (Cpk) for each. The table below includes information that will facilitate this analysis. Also, Throx has set a Target Sock Thickness: 7mm+/.5mm. 4) Using the current and alternative supplier information that has been provided for FY2021, and the weights to be considered for each supplier characteristic, you are to develop a supplier scorecard using the following scale: 3 = best, 2 = second best, 1 = worst. As you first look over the information that has been provided, you will note that the values for the Quality Capability Index (Cpk) for the current and alternative suppliers are listed as TBD (to be determined). a) Using the Quality Performance Information that has been provided, calculate the values of Cpk for each of the current and alternative suppliers. Please show your work. Based on these values, which supplier would rate as best? Second best? Worst? b) Using the ratings from 1-3 for each of the supplier characteristics and also the weight to be applied to each supplier characteristic, which supplier would you recommend be used? Be sure to show your completed supplier scorecard and your calculations. c) What other factors do you feel might be helpful in making your decision
Step 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