10.00 points Problem 10-8 As the buyer for the city of Perysburg, you are evalua

Question

10.00 points Problem 10-8 As the buyer for the city of Perysburg, you are evaluating a supplier for garbage cans to be used in the city's parks. Three suppliers retumed acceptable bids within the allotted time frame Supplier B Rating Supplier A Supplier C Rating 15% 29% 20% 36% Design Warranty Price All scores on a five-point scale with 1-poor, 5- excellent. a. Calculate the total weighted score for each supplier. (Round your answers to 2 decimal places.) Total Weighted Score Supplier A Supplier B Supplier C b. Based on these ratings from the supplier assessment, which supplier appears to be the best? Supplier A Supplier B Supplier C

Explanation / Answer

Problem 10-8

a) Weights for various categories are

The weighted score is calculated as the sum of the product of the factor score and their respective weights for the particular supplier. So using this formula the total weighted score for each supplier are

b) Based on the rating supplier C apoears to be the best as it has a highest total weighted score

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