Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery- 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 100 Nos. 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is
Quality – 50%, Price - 20%, Delivery - 20%, TQM System – 10%. Determine the best
source of supply under weighed-point method.
Service Details
Company X
100 Nos.
Company Y
Company Z
Total quantity supplied
Total quantity accepted
Unit price of item
Delivery expected as per PO
Delivery arranged
Care taken for TQM system
90 Nos.
80 Nos.
95 Nos.
88 Nos.
76 Nos.
Rs.10.00
Rs.9.80
Rs.10.20
4 weeks
4 weeks
4 weeks
5 weeks
4-5 weeks
6 weeks
75%
80%
70%
Transcribed Image Text:Q4// Work out vendor rating for following data of three companies X, Y, Z. Weightage is Quality – 50%, Price - 20%, Delivery - 20%, TQM System – 10%. Determine the best source of supply under weighed-point method. Service Details Company X 100 Nos. Company Y Company Z Total quantity supplied Total quantity accepted Unit price of item Delivery expected as per PO Delivery arranged Care taken for TQM system 90 Nos. 80 Nos. 95 Nos. 88 Nos. 76 Nos. Rs.10.00 Rs.9.80 Rs.10.20 4 weeks 4 weeks 4 weeks 5 weeks 4-5 weeks 6 weeks 75% 80% 70%
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