You are in charge of analyzing five new vendors of an important raw material and have been given the information shown below (1 worst, 10-best). Management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as criterion 2. Assume that the sum of the weights equals 100. No more than 2 new vendors are required but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered. Performance Criterion Quality of raw material Environmental impact Vendor A 5 Vendor B Rating Vendor C Vendor D 3 7 Vendor E 9 3 7 8 7 7 Responsiveness to order changes Cost of raw material 9 5 6 9 5 7 7 9 2 7 a. Which new vendors do you recommend? Calculate the total weighted score for all of the vendors and fill in the table below (enter your responses as whole numbers) Total Weighted Score Vendor A B C D E Select all of the vendors to be recommended. (Check all that apply) Vendor B Vendor A Vendor C Vendor D Vendor E No vendor should be recommended 00000 point(s) possible Submit select as of the vendors to be recommenced. (Uneck air mat apply) Vendor B Vendor A Vendor C Vendor D Vendor E No vendor should be recommended. b. Would your decision change if the criteria were considered equally important? Calculate the total weighted score for all of the vendors with the new weights and fill in the table below (enter your responses as whole numbers) Select all of the vendors to be recommended. (Check all that apply) Vendor C Vendor B Vendor D Vendor E Vendor A No vendor should be recommended. Vendor A Total Weighted Score Analyze the decision tree in the figure to the right. What is the expected payoff for the best alterative? First, be sure to infer the missing probabilities The expected payoff is $(Enter your response rounded to the nearest penny.) (0.7) $21 $30 10.5 $21 Alternative 1 1 $15 (0.31 $18 Altomative 2 104 $30. $28 (0.2 -$22 10.4 $30 10.21 $21 Techno Corporation is currently manufacturing an item at variable costs of $4 per unit. Annual fixed costs of manufacturing this item are $142,000. The current selling price of the item is $10 per unit, and the annual sales volume is 35,000 units a. Techno can substantially improve the item's quality by installing new equipment at additional annual fixed costs of $60,000. Variable costs per unit would increase by $1, but, as more of the better-quality product could be sold, the annual volume would increase to 60,000 units. Should Techno buy the new equipment and maintain the current price of the item? Why or why not? V. because the profit from $to $(Enter your responses as integers.) b. Alternatively, Techno could increase the selling price to $12 per unit. However, the annual sales volume would be limited to 45,000 units. Should Techno buy the new equipment and raise the price of the item? Why or why not? because the profit from $to$(Enter your responses as integers.)