The suitable outsourcing provider for logistics services using factor- rating method. Introduction: Factor-rating method: The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 1

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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Fernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services. Part 2 a) With weights from 1 − 5 (5 being the highest) and ratings from 1 − 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place). Criterion Weight (W) Overnight Shipping Worldwide Delivery United Freight Quality 5 86 80 75 Delivery 3 74 90 68 Cost 2 66 81 92 Weighted average score: 78.478.4 83.283.2 76.376.3 Part 3 The best outsource provider is Worldwide DeliveryWorldwide Delivery . Part 4 b) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4,…

Fernando Garza’s firm wishes to use factor rating tohelp select an outsourcing provider of logistics services. a) With weights from 1–5 (5 highest) and ratings 1–100 (100 high-est), use the following table to help Garza make his decision: RATING OF LOGISTICS PROVIDERS CRITERION WEIGHT OVERNIGHTSHIPPINGWORLDWIDEDELIVERY UNITEDFREIGHTQuality 5 90 80 75Delivery 3 70 85 70Cost 2 70 80 95b) Garza decides to increase the weights for quality, delivery, andcost to 10, 6, and 4, respectively. How does this change yourconclusions? Why?c) If Overnight Shipping’s ratings for each of the factors increaseby 10%, what are the new results?

LuSE (Lusaka Securities Exchange) has been voted as one of the top 10 best performing securities markets in Africa. In a minimum of 5 and maximum of 10 pages write-up , properly referenced and not plagiarised, discuss this statement in its entirety. What is the basis of the type of ranking referred to? Over a period of 10 years to end of December, 2022 assess the performance of LuSE using the identified ranking methods.

Answer 2

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Expert Solution & Answer

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Answer 3

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Expert Solution & Answer

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Answer 4

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 5

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 6

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 7

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 8

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

Answer 9

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

Answer 10

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 11

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 2 - Based on the descriptions and analyses in this...Ch. 2 - Prob. 2DQ Ch. 2 - Prob. 3DQ Ch. 2 - Prob. 4DQ Ch. 2 - Prob. 5DQ Ch. 2 - Prob. 6DQ Ch. 2 - Prob. 7DQ Ch. 2 - As a library or Internet assignment, identify the...Ch. 2 - Prob. 9DQ Ch. 2 - Prob. 10DQ

Solution Summary: The author explains the factor-rating method to determine the suitable outsourcing provider for logistics services. The weighted rating is calculated by multiplying the individual rating with the weight assigned for each criterion.

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