Sergeant Jones is a buyer at the Defense Contracting Agency at Fort Detrick, Mar
ID: 364523 • Letter: S
Question
Sergeant Jones is a buyer at the Defense Contracting Agency at Fort Detrick, Maryland. He has been tasked to choose a supplier for a physical training reflective belt. The belt is a safety item very much like the bright orange clothing worn by hunters. Its purpose is to highlight the presence of soldiers while jogging on roadways or in other potentially dangerous situations. The pool of potential suppliers has been narrowed down to three vendors and Sergeant Jones has tabulated the following data:
Criteria
Altra Industries
Bellwood Textiles
Congressional Products
Price per Unit
$4.00
$3.50
$4.50
Quality (Defects)
7%
5%
2%
Quality (Expected Life)
18 months
12 months
2 years
Delivery Reliability
95% on time
90% on time
85% on time
Sergeant Jones also has the results from 100 customer surveys that indicate the importance of each of his criteria. Survey results show that price was listed as the highest concern on 30 surveys, defects was the highest on 25 surveys, expected lifetime ranked highest on 15 surveys with delivery reliability ranking the highest on the remainder.
Sergeant Jones decides to use a weighted-point evaluation system to determine the preferred supplier. He will rank each supplier on its criteria performance using a 1-3 scale with 3 indicating the best performance and 1 being the worst performance. (2 would be the middle performer).
Questions:
(3 Points) What are the weighted scores for each of the suppliers? Round to two decimal places (i.e. XX.XX).
(2 Points) Given the above information, which vendor should be the preferred supplier?
(2 Points) What would be the major concern with choosing the supplier identified in Question 2? How should Sergeant Jones address this concern?
Right before Sergeant Jones is set to notify the supplier, Captain Smith hands him another stack of customer surveys. Sergeant Jones counts 18 surveys that identify price, 13 that identify defects, 21 that identify expected life and 8 for delivery reliability. Sergeant Jones adds these results to the previous results.
(3 Points) Using the new adjusted criteria weights (Rounded to two decimal places (i.e. XX.XX), what are the weighted scores for each of the suppliers?
(2 Points) Which is the preferred supplier now?
Captain Smith returns a second time with a new quote from Altra Industries for $3 per unit.
(2 Points) Which is the preferred supplier now?
Criteria
Altra Industries
Bellwood Textiles
Congressional Products
Price per Unit
$4.00
$3.50
$4.50
Quality (Defects)
7%
5%
2%
Quality (Expected Life)
18 months
12 months
2 years
Delivery Reliability
95% on time
90% on time
85% on time
Explanation / Answer
the Food and Drug Administration conducts economic analyses of all important proposed and final regulations. each economic analysis includes an assessment of the costs, benefits, and cost-effectiveness of the action, as well as assessments of the costs, benefits and cost-effectiveness of the most promising alternative actions.
to compare the effects of proposed regulations with the effects of promising alternatives, we estimate both the incremental benefits and costs associated with increasing the stringency of regulation and the incremental foregone benefits and cost savings associated with decreasing the stringency of regulation.
the information on incremental costs and benefits helps FDA management choose which controls to include and which to exclude when presented with the usual smorgasbord of ways to deal with a public health problem. the economic analysis may also point out ways to increase the cost-effectiveness of regulation. tor example, the economic analysis may demonstrate that the incremental costs associated with a particular provision are very high, with little or no incremental public health effects. Identifying such provisions enables the FDA to revise proposed regulations in ways that substantially decrease costs without appreciably reducing public health benefits.
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