Price Technologies, a California-based high-tech manufacturer, is considering ou

Question

Price Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its electronics production. Four firms have responded to its request for bids, and CEO Willard Price has started to perform an analysis on the scores his OM team has entered in the table below. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /?>

Criterion

Weight

Supplier 1 (rating)

Supplier 2 (rating)

Supplier 3 (Rating)

Supplier 4 (rating)

Labor

0.1

5

4

3

5

Logistics system

0.2

3

4

3

5

Price

0.2

5

3

4

4

Trustworthiness

0.3

3

2

3

5

Management

0.2

5

4

2

1

The outsourcing provider scores are on a scale of 1 through 5, with 5 as the most satisfactory. Which supplier should Mr. Price choose? Please provide the overall ratings of each supplier.

Criterion

Weight

Supplier 1 (rating)

Supplier 2 (rating)

Supplier 3 (Rating)

Supplier 4 (rating)

Labor

0.1

5

4

3

5

Logistics system

0.2

3

4

3

5

Price

0.2

5

3

4

4

Trustworthiness

0.3

3

2

3

5

Management

0.2

5

4

2

1

Explanation / Answer

Supplier 1 is the right person who has won 22 as rating where as supplier 2 has 17 supplier 3 has 15 and supplier 4 has 20 as ratings

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