list in the following table.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter15: Ratio Analysis (ratioa)
Section: Chapter Questions
Problem 2R: The comparative financial statements of Global Technology are as follows: Open the file RATIOA from...
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Q2/ You are a manager of a company and you want to select the best vendor from 4 vendors of
the data list in the following table.
Vendor name The number The number
of submitted
lots
The price for The
unit in $
The
of accepted
list
proportion in
lots as
defectives
proportion of
delivery
service
18
10
0.16
300
0.8
16
14
0.09
299
0.9
y
20
17
0.208
310
0.97
17
17
0.192
308
0.87
Your company focused on quality more than the price and service in determining the
weightages. Furthermore, the service weightage is the most important factor compared to the
quality and price. (1) set appropriate weightages (2) Rank the performance of the vendors on
the QDP basis interpret the result. (3) Discuss the results.
Transcribed Image Text:Q2/ You are a manager of a company and you want to select the best vendor from 4 vendors of the data list in the following table. Vendor name The number The number of submitted lots The price for The unit in $ The of accepted list proportion in lots as defectives proportion of delivery service 18 10 0.16 300 0.8 16 14 0.09 299 0.9 y 20 17 0.208 310 0.97 17 17 0.192 308 0.87 Your company focused on quality more than the price and service in determining the weightages. Furthermore, the service weightage is the most important factor compared to the quality and price. (1) set appropriate weightages (2) Rank the performance of the vendors on the QDP basis interpret the result. (3) Discuss the results.
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